Tag: Finance
dYdX Community Approves Revenue Sharing Proposal – A Step Towards Growth
The dYdX Foundation recently announced a significant development for its community - the approval of a revenue-sharing proposal. This proposal, which was passed on November 15th, outlines the allocation of 50% of protocol revenue...
Federal Prosecutors Scale Back Cryptocurrency Lawsuits
Federal prosecutors are easing up on their crackdown on cryptocurrency businesses, providing some relief to the industry. This decision comes after President Donald Trump's re-election, with the U.S. Attorney's Office in Manhattan signaling a...
Exploring Aave’s Potential Expansion to Bitcoin Layer 2: Spiderchain Integration
Aave, the leading decentralized finance (DeFi) lending platform, is considering expanding its operations to the Bitcoin layer-2 network Spiderchain. The initiative, known as the Aave-Chain Initiative (ACI), is currently seeking feedback from its community...
Bitcoin ETF Outflows Signal Potential Price Bottoms
U.S.-listed bitcoin (BTC) exchange-traded funds (ETFs) experienced a significant outflow of $400.7 million on Thursday, marking the third-largest outflow since their launch, according to Farside data. This outflow comes as bitcoin's price fluctuated between...
Crypto’s Potential Role in Rescuing US from Debt Crisis
Cryptocurrency enthusiasts and financial experts are buzzing about the potential role of crypto in helping the U.S. navigate its mounting debt crisis. Former House Speaker Paul Ryan recently shared his thoughts on the matter...
DeFi Technologies Launches CoreFi Strategy: A Publicly-Traded Innovation
DeFi Technologies has recently introduced CoreFi Strategy Corp, a publicly traded company that will provide investors with exposure to Bitcoin-focused decentralized finance through the Core blockchain. This initiative was influenced by successful companies like...
Bitfarms Stock: Analyst Reiterates ‘Buy’ Rating Despite Selloff
H.C. Wainwright & Co. analysts have reiterated their “Buy” rating on Bitfarms, a Bitcoin mining company, despite a recent 15% decline in the stock price. This drop came after Bitfarms announced delays in reaching...
Strategic Bitcoin Reserve: Michael Saylor’s Insight on US Govt Purchases
Michael Saylor, the executive chairman of MicroStrategy (MSTR), strongly believes that the United States government should establish a strategic reserve of bitcoin (BTC). Although this idea is currently just a thought and not a...
Navigating the Slow Resolution of Crypto Enforcement Shackles
The Securities and Exchange Commission (SEC) is facing challenges in resolving its legal issues with the crypto industry despite having a commission that is friendly towards the industry. Dropping existing cases would require a...
Cryptocurrency Analysis for Financial Advisors: Post-Election Recap
In today’s update, Paul Veradittakit from Pantera Capital gives an overview of bitcoin’s price and the positive outlook on regulations post the U.S. election. Following that, Eric Tomaszewski from Verde Capital Management addresses queries...















