Author: RedWave Media
This week has been another busy week for the cryptocurrency market. Virgin Voyages accepts Bitcoin, Donald Trump selects Paul Atkins as next US SEC Chairman, Coinbase won't work with anti-crypto law firm, Michael Saylor joins Microsoft It encouraged people to accept Bitcoin, and Bitcoin became a hit. The first time is $100,000. Let's take a look at these and reflect on what happened with cryptocurrencies this week. Virgin Voyages accepts Bitcoin Current status of Sir Richard Branson's cruise company Virgin Voyages Accepts Bitcoin as a payment option For reservation. in announcementVirgin Voyages said it would be available to passengers. Bitcoin…
Nazeya Haroshka/iStock/Getty Images Plus The American Academy of Pediatrics (AAP) has refused to endorse a statement calling for more girls to participate in sports, saying it could be interpreted as excluding “transgender girls.”Members of AAP's Section on LGBT Health and Wellness (SOLGBTHW) added the group's logo to the statement, according to an email obtained by The Daily Caller. Some worried that there was “no mention of transgender girls” or that the statement didn't even define “girls.” Some feared the “controversial” comments would be used against the AAP's push for more men to participate in women-only sports.girls talkIn July…
The following is a guest article by Jesse Knutson, Head of Operations at Bitfinex Securities.Donald Trump's re-election victory and the huge success of Bitcoin ETFs earlier this year were major catalysts for Bitcoin's rise towards $100,000. The rally over the past few weeks has been driven by hopes for Trump 2.0. The US is the “crypto capital of the world” And for the first time, the financial services industry is feeling that the numbers are going up. Although details are still unclear, the number of Bitcoiners in Trump's inner circle, including DOGE Director Elon Musk, suggests that Trump may make…
Important points Bitcoin continues to trade around $100,000 after hitting an all-time high of $103,000 a few days ago. iDEGEN's pre-market auction raised over 550 million tokens and over $3 million. BTC remains around $100,000 Bitcoin, the top cryptocurrency by market capitalization, hit a new all-time high of $103,900 a few days ago. However, it fell slightly on Friday to around $93,000, but has since recovered and is currently trading around $100,000. At press time, bitcoin price is $99,735, up less than 1% over the past 24 hours. Meanwhile, DOGE, Dogecoin's native coin, has been the best performing among the…
Ripple’s XRP rose significantly in November 2024, increasing in price by 364%. This has increased optimism in the market, with more investors turning bullish. But while XRP's sudden surge is huge, there is a token that some analysts believe has the potential to deliver returns 10x better than XRP. lexus finance A new cryptocurrency (RXS) is gaining attention and attracting the attention of many investors. In this article, we explore the three main factors driving XRP's success and Rexas Finance's potential to outperform XRP by more than 10x. Hopes for Donald Trump's victory and deregulation The background factor that started…
The Financial Stability Oversight Council on Friday released its 2024 annual report that addresses various risks and areas of concern within the U.S. and global financial systems. As in previous years, the report highlighted the role of the stablecoin and digital asset sectors more broadly, but went so far as to suggest that the FSOC would take concrete steps to curb these concerns. was not reached.You're reading State of Crypto, a CoinDesk newsletter that examines the intersection of cryptocurrencies and government. Click here to sign up for future editions.storyThe Financial Stability Oversight Council, made up of the heads of U.S.…
DeFi lending on Bitcoin-based Liquidium hit a four-month high of 21 BTC on December 5th, as the highest asset soared to an all-time high of over $100,000.On-chain data reveals that loans to Runes accounted for 57% of Liquidium’s daily trading volume, contributing 12 BTC, while Ordinals accounted for the remaining 43%, contributing 9 BTC. Ta.These numbers reflect Liquidium's upward trend over the years, as Liquidium has facilitated over 63,000 loans totaling over 3,378 BTC. Runes dominate the platform, accounting for more than half of all collateral.Liquidium allows users to borrow Bitcoin against assets such as runes, ordinals, inscriptions, and BRC-20…
Artemis Diana/iStock/Getty Images Plus Financial giant Goldman Sachs has announced that it will no longer join the United Nations-backed Net Zero Banking Alliance (NZBA). This comes following scrutiny from US lawmakers who are concerned that banks are seeking to significantly limit climate financing options over fossil fuel concerns. This is the latest high-profile departure of .The NZBA has a goal of achieving net-zero emissions by 2050 and boasts over 140 World Bank memberships. The United Nations Environment Program (UNEP), which oversees the partnership, has so far not commented on Goldman Sachs' departure.Reuters reported that the banking giant did…
Cryptocurrency users who crave privacy protection had a lot to be thankful for this Thanksgiving.Two days before the holiday, a three-judge panel of the Fifth Circuit unanimously ruled that the Treasury Department's Office of Foreign Assets Control (OFAC) had “overstepped its Congressional authority and failed to provide substantial evidence.” “He acted in an unsubstantiated, arbitrary and capricious manner,” the court ruled. The decision was to sanction “Tornado Cash's open source, self-executing software, not any unauthorized person or entity.” People who abuse it. ”To put it simply, Congress did not give OFAC the power to authorize software code that no one…
GRVT secured a Class M license in Bermuda, becoming the world's first regulated DEX. GRVT combines 600,000 TPS with compliance and aims to be the “Goldman Sachs on the blockchain.” GRVT plans to expand globally by working with MiCA and ADGM to obtain broad regulatory approvals. Founded in 2022, GRVT, a hybrid cryptocurrency exchange pronounced “gravity,” has achieved a landmark milestone by becoming the world’s first regulated decentralized exchange (DEX). The exchange has received a Class M Digital Asset Business License from the Bermuda Monetary Authority (BMA), placing it at the forefront of the decentralized finance (DeFi) industry. GRVT aims…
