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From a fundamental standpoint, Bitcoin is showing no signs of the asset overheating, according to Galaxy’s head of research. Bitcoin isn’t flashing any signs of being “overheated” despite reaching new all-time highs this week, with several analysts pointing to fundamentals suggesting Bitcoin could pump further. “The market does not look overheated from a fundamental perspective,”…

Robinhood’s legal chief, Dan Gallagher, is reportedly one of the top picks to head the SEC under Trump, who promised to fire its current chair “on day one.” Donald Trump’s transition team is reportedly considering adding Robinhood Markets’ legal boss to a shortlist of candidates to take charge of the Securities and Exchange Commission, which…

Just four MKR whales constituted 98% of the voting power in favor of sticking with the Sky rebrand. A governance proposal to rebrand decentralized finance lending and borrowing protocol Sky back to Maker has been rejected in a vote dominated by a handful of whales. “Sky ecosystem governance has concluded an onchain vote to continue using…

WonderFi CEO was forced into a vehicle but released after a ransom was paid.

Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facilitating seamless and efficient cross-chain transfers, TRON-Peg USD Coin expands the possibilities for users to leverage USDC across the TRON ecosystem.…

NFT trading volume on BNB Chain increased 283% quarter-on-quarter in Q3, driven by whales as average daily buyers fell over 50%, according to Messari.  Non-fungible tokens trading volumes on the BNB Chain saw a resurgence in the third quarter, increasing 283% to a daily average of $600,400, according to blockchain analytics firm Messari.The average daily…

The launch of Eclipse is one of the most hyped network launches of the year, with the hybrid blockchain project securing over $65 million in funding prior to its launch on Nov. 7. Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live. Eclipse allows users to transact on…

The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.  America’s largest cryptocurrency exchange, Coinbase, has deployed its version of wrapped Bitcoin on the layer-1 blockchain Solana as it seeks to expand the adoption of the asset in decentralized finance (DeFi). “This is the first token Coinbase has issued on…

BlackRock’s spot Bitcoin ETF has surpassed $1 billion in inflows for the first time since its launch in January. The world’s largest asset manager, BlackRock, accumulated over $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs. On Nov. 7, BlackRock’s spot Bitcoin…

According to a report by Binance Research, decentralized applications (dApps) represented 12 out of 15 protocols with the most significant revenues in October, amounting to $164 million. This suggests growing blockchain adoption, fueled by trading bots and decentralized exchanges. The report highlighted that dApp interactions have steadily risen in recent months, topping all but three…