El Salvador to ‘confine’ its Bitcoin activities in $1.4bn loan deal with the IMF
The IMF said “potential risks” of El Salvador’s Bitcoin project will be “diminished significantly” A Bitcoin podcaster questioned the true cost of the IMF’s monetary assistance to El Salvador El…
Lido Finance to discontinue its products on Polygon starting Dec. 16
Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low…
Amazon shareholders call for the company to hold 5% of its assets in Bitcoin
MicroStrategy’s stock has outperformed Amazon’s stock by 537% in the past year The proposal calls for Amazon to include some Bitcoin to maximize shareholder value without taking on too much…
BitGo launches a global version of its digital assets solutions for retail investors
BitGo launches a global platform offering trading, staking, and wallet solutions. Retail users will get cold storage, self-custody, and seamless wallet fund transfers. US sign-ups will enter a prize draw…
Kraken shutting down its NFT marketplace just a year after its launch
Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The…
Morocco reconsidering its crypto ban, drafting crypto regulations
Morocco is drafting new crypto regulations to reverse its 2017 digital asset ban. Morocco’s central bank is exploring the creation of a central bank digital currency (CBDC). Global trends show…
Avalanche launches Avalanche9000 testnet, its largest upgrade to date
Avalanche9000 testnet launched, reducing costs and enabling permissionless L1s. The upgrade will lower validator and C-Chain fees, boosting accessibility. Avalanche has also launched a $40M grant program to incentivize the…
Gemini officially launches its platform in France following its DASP registration
Gemini launches in France after securing DASP registration in January. The launched platform supports 70+ assets, euro deposits, and institutional trading tools. France’s crypto growth and MiCA regulations drive Gemini’s…
Unity COO: It’s “disingenuous” to say Trump’s win directly caused Bitcoin price rise
Bitcoin reached a high of $75,317 in the early hours of this morning In September, Bernstein analysts predicted Bitcoin to reach between $80,000 and $90,000 by the end of 2024…
Tether increases its Bitcoin and gold holdings to $4.8B and $5B respectively
Tether (USDT) circulation surged to $120B, marking a 30% increase in 2024. Tether’s Bitcoin and gold holdings increased to $4.8B and $5B, respectively. Tether’s net equity doubled to $14.2B, while…