El Salvador is on the verge of reaching a big financial agreement with the International Monetary Fund (IMF), with plans to finish a $1.3 billion loan program within the next two to three weeks. The country will change its use of Bitcoin (BTC) as legal tender and take steps to lower its government deficit. According […]
The firm believes when a developer was contacted by a “trusted former contractor” in early September, it was really a DPRK actor in disguise.
SushiSwap CEO Jared Grey unveiled ambitious plans for 2025, aiming to diversify the platform’s offerings with cutting-edge products. The lineup includes Wara, a Solana-based trading platform, and Susa, an innovative on-chain order book perpetual DEX. Grey also introduced Kubo, a tool to launch new markets using delta-neutral strategies, and Blade, a novel LVR (Liquidity Value …
The following article is an op-ed by Tyler Adams, CEO & Co-Founder at COZ. For the last two years, crypto developers and venture capital have been hyper-focused on supporting infrastructure projects to the detriment of consumer-facing applications. If you look around this industry, you will see a plethora of tools for developers to integrate privacy […]
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The recent Bitcoin price surge, which surpassed $100,000 for the first time, is creating ripples in the long-struggling crypto lending sector, particularly through decentralized finance (DeFi) applications. According to a Bloomberg report, the speculative excitement surrounding Bitcoin has not only invigorated its trading but is also spilling over into lending platforms, signaling a potential resurgence […]
DeFi lending on Bitcoin-based Liquidium reached a four-month high of 21 BTC on Dec. 5, following the top asset climb to a new all-time high above $100,000. Onchain data reveals that loans against Runes accounted for 57% of Liquidium’s daily volume, contributing 12 BTC, while Ordinals accounted for the remaining 43%, contributing 9 BTC. These […]
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Pump.Fun has restricted access to users in the UK days after receiving a regulatory warning from the country’s financial watchdog. The decision comes after a Dec. 3 warning from the UK’s Financial Conduct Authority (FCA), which flagged the Solana-based memecoin launchpad for potentially offering financial products without authorization. In compliance with UK regulations, Pump.Fun updated […]
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CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said.
Russian President Vladimir Putin has made headlines with his recent remarks on using Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves. Russian President Emphasizes Bitcoin’s Role Speaking at an investment conference in Moscow, Putin argued that the current geopolitical climate, particularly following the West’s freezing of approximately $300 […]
NFTs may have died down, but RARI Foundation’s Jana Bertram is bullish on their evolution, according to her analysis of the industry in the latest episode of the Hashing It Out podcast.
In what has been one of the most bullish months of the year, asset manager and crypto exchange-traded fund (ETF) issuer VanEck released a report highlighting significant gains in the memecoin sector, alongside notable performances from major cryptocurrencies like Cardano (ADA), Solana (SOL), Polkadot (DOT), and Stellar (XLM). Solana’s Ecosystem Thrives According to VanEck’s analysis, Solana delivered a 42% return in November, with the SOL token hitting an all-time high of $262. This increase was largely driven by a surge in on-chain trading activity related to memecoins, which led the general market rally with a 95% increase during the month. This drove Solana’s revenues and decentralized exchange (DEX) volumes to unprecedented levels. In fact, Solana generated $177 million in revenue in November, doubling the previous month’s high of $74 million. Related Reading: BNB Surges 18% To Hit Record High Close To $800: Is Further Growth On The Horizon? This rush of activity also benefited projects such as Jito and Pump.fun, which generated revenues of $185 million and over $92 million, respectively. Jito operates as an on-chain application that generates revenue through maximal extracted value (MEV), which is derived from arbitrage opportunities created during DEX trading. Meanwhile, Pump.fun captures revenue directly from memecoin trading, showcasing the dual benefits of Solana’s vibrant ecosystem. Solana’s success was further underscored by its wallet, Phantom, claiming the top spot in Apple’s “free utility apps” category, and Robinhood reinstating SOL trading on its platform. In addition, the popular non-fungible token (NFT) marketplace Magic Eden announced an upcoming token airdrop, which is expected to stimulate further on-chain trading. Cardano And Polkadot Lead Crypto Altcoin Rallies Cardano’s ADA was another standout performer in November, achieving an impressive 201% increase. This rally was spurred by off-chain developments and speculation surrounding the influence of Cardano’s founder, Charles Hoskinson, in shaping future crypto policy. Following Hoskinson’s announcement of establishing a crypto policy office in Washington, D.C., ADA experienced a significant price surge. The upward momentum continued with Robinhood’s relisting of ADA and an update to Cardano’s governance structure, which emphasized on-chain decision-making by ADA holders. On-chain usage metrics reflected Cardano’s price movement, with total value locked (TVL) surging by 180% as various Cardano project tokens rallied. However, despite these gains, Cardano’s absolute figures in stablecoins and daily DEX volumes remain modest compared to Ethereum (ETH), highlighting a potential area for growth. Related Reading: XRP Under The Microscope: Will It Break $2.9? Key Support Levels And Future Targets Polkadot, often viewed as an underperformer in the crypto space, also saw a surprising rally in November. While its ecosystem has struggled with slow onboarding and technical challenges, recent developments, particularly from the Mythos Chain—a gaming blockchain hosting popular titles like NFL Rivals—have invigorated interest. Polkadot’s founder, Gavin Wood, also unveiled plans for a more agile architecture, allowing for enhanced interoperability and cloud-like services, which could position Polkadot favorably against other crypto assets like Ethereum and Celestia. In the decentralized finance (DeFi) sector, major protocols such as Aave, Uniswap, and Sky (formerly MakerDAO) demonstrated strength, with significant fee increases and market activity. Aave crossed a milestone of $30 billion in deposits, positioning it among the largest banks by deposits if it were a traditional institution. Meanwhile, Uniswap’s market position was bolstered by a favorable court ruling regarding the legality of immutable smart contracts, which spurred a substantial increase in its market capitalization. At the time of writing, SOL trades at $236, up nearly 3% in the past 24 hours Featured image from DALL-E, chart from TradingView.com
Bitcoin’s price is rising presently, showcasing the potential for further upside growth. However, optimism and confidence in the largest cryptocurrency asset might be gradually decreasing as long-term holders’ balances have fallen sharply in the past few days. Are Long-term Holders Of Bitcoin Losing Faith In The Asset? Recent reports show a shift in investors’ sentiment […]
President-elect Donald Trump is set to nominate former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission (SEC), reinforcing his commitment to a crypto-friendly administration. This announcement follows the resignation of current SEC Chair Gary Gensler, whose last day in office will coincide with Trump’s inauguration on January 20. Clearer Crypto Regulations Ahead? […]
Aside from privacy concerns, complexity and poor user interface remain the biggest barriers to entry for institutions entering Web3.
Tron (TRX) reached a new all-time high at $0.31, nearly seven years after the first time it registered its last price peak, according to TradingView data. The new all-time high comes after a 41% price leap over the past 24 hours, making TRX the 11th largest crypto by market cap. TRX’s previous price record was […]
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Neon EVM announced a transformative Solana-native framework, unveiling a suite of features aimed at integrating Ethereum-based decentralized applications (dApps) with Solana’s ecosystem. The new architecture, detailed in a comprehensive whitepaper published on Dec. 3, enables direct interaction between Solana wallets and Ethereum applications while leveraging Solana’s high-performance infrastructure. The release introduces key capabilities such as […]
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Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
The integration of Chainlink's CCIP with Mantle Network could significantly enhance blockchain interoperability, fostering innovation and expanding multi-chain ecosystems.
The post Ethereum layer 2 Mantle Network taps Chainlink to strengthen cross-chain capabilities appeared first on Crypto Briefing.
Cardano’s DeFi ecosystem is hitting new heights, with its total value locked (TVL) nearing an all-time high of $700 million. DeFillama data shows that the blockchain network is riding the current bullish market sentiment by adding over $400 million to reach $680 million as of press time. This number marks a massive turnaround for the […]
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Chainlink price is breaking out! The price is heading towards the yearly highs at $22.89 with an aim to set up a bullish path towards the ATH. The price recorded one of the most bullish monthly closes, with a rise of over 80%, not seen since the 2021 bull run. The price printed massive bullish …
Mercuryo CEO Petr Kozyakov said many consumer apps would emerge before widespread institutional adoption comes to DeFi.
In a major move towards successfully regulating digital assets in the country, Russian President Vladimir Putin has signed a law that creates a new legal framework for taxing Bitcoin mining and transactions, recognizing them as property and setting the stage for formal taxation. Russia’s New Bitcoin And Crypto Tax Law According to local media reports, […]
The goal is to create an onchain product that generates yield on Bitcoin, according to Solv’s co-founder.
Token holders can mint deUSD against BUIDL, BlackRock's onchain money fund, and swap on Curve, a popular DEX.
Solana-based memecoin launchpad Pump.Fun experienced a sharp 33% decline in revenue this week after disabling its live-streaming feature. According to DefiLlama data, the platform’s revenue fell from $5 million to $3.6 million in just one day, marking its most significant single-day drop since March. The decision came after a series of controversial incidents that triggered […]
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Hyperliquid users are giving thanks as the DeFi-centric network just handed out over $1.6 billion worth of HYPE tokens.
HyperLiquid's airdrop drove $HYPE token prices to $4.8, amassing a $4.8B value with $165M trading volume in the first hour.
The post HyperLiquid airdrop lives up to the $HYPE as token soars 24% appeared first on Crypto Briefing.
Switzerland has officially passed legislation to explore Bitcoin mining, signaling a growing acceptance among traditional financial institutions and governments worldwide. This initiative, reported by Dennis Porter, CEO of the Satoshi Action Fund, reflects a broader trend accelerated by recent political shifts, including Donald Trump’s election, which have reignited interest in Bitcoin as a viable financial […]
Bitcoin is going to go to $250,000 to $500,000 within the next 12 to 24 months, predicted Charles Hoskinson.
Ethereum’s DeFi sector is experiencing a revival, fueled by renewed market enthusiasm following Donald Trump’s election victory. The total value locked (TVL) in Ethereum’s DeFi ecosystem has surged past $80 billion, marking its highest level in over two years. These numbers come as key players like Aave and Uniswap have also achieved significant milestones during […]
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