According to data from ASXN, $344 million in HYPE tokens have been staked, representing a total value of over $9 billion as of Dec. 30. Source link
Month: December 2024
Price analysis 12/30: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers. Source link
Earn Bitcoin For Providing Liquidity Via Boltz Pro
Today, Boltz is launching Boltz Pro, a service that lets users help Boltz manage its bitcoin wallet and Lightning channel liquidity, and I plan to test it out. But first some background on how Boltz Pro works. According to Kilian, a co-founder of Boltz, the balances of Boltz’s wallets and Lightning channels are constantly shifting, especially as the volume and velocity of sats flowing through the platform increases. So, the idea behind Boltz Pro is that users can help provide liquidity for swaps in the event that Boltz’s balances run…
Crypto payments firm MoonPay secures MiCA approval in the Netherlands
Dec. 30 marked the end of the implementation phase of the Markets in Crypto-Assets framework, as authorities can enforce rules on certain crypto service providers operating in the EU. Source link
ai16z mulls tokenomics shakeup, L1 launch
The agentic AI project’s contributors envision an AI-focused layer-1 with AI16Z as the native currency. Source link
A Progressive Case for a Strategic Bitcoin Reserve: Strengthening America’s Social Safety Net
From Trey Walsh, Executive Director of The Progressive Bitcoiner I’ll start off by saying I have many reservations about the United States pursuing a Strategic Bitcoin reserve, with the major plans I’ve observed including legislation proposed by Senator Lummis and a draft Executive order from the Bitcoin Policy Institute (this does not include those proposed state-by-state, which is a different focus and a bit more straight forward given they hold some bitcoin to diversify their assets). My reservations include timing, political (polarizing) ramifications, mechanisms/cost of obtaining Bitcoin, why the U.S.…
HyperLiquid rolls out native staking for HYPE token holders
Key Takeaways HyperLiquid launched staking for its HYPE token, allowing holders to delegate tokens to validators. HYPE’s market cap has reached $9 billion, surpassing tokens like Uniswap and Litecoin. Share this article HyperLiquid has rolled out native staking for its HYPE token, enabling holders to delegate tokens to 16 validators and earn rewards while securing the network. At launch, the layer-1 perpetual futures DEX staked over 300 million HYPE tokens, valued at $8.4 billion. “Staking is an important milestone for HyperLiquid because it allows the diverse community of HYPE stakers…
MicroStrategy buys 2,138 Bitcoin for $209M, yield reaches 74% in 2024
MicroStrategy has bought Bitcoin for the eighth consecutive week, pushing its holdings to 446,400 BTC, worth about $41.5 billion at current market prices. Source link
The UK’s overlooked regulatory superpowers
The United Kingdom has a regulatory advantage in the cryptocurrency market. Source link
MicroStrategy bags 2,138 Bitcoin for $209 million, boosting total holdings to 446,400 BTC
Key Takeaways MicroStrategy acquired 2,138 Bitcoin for $209 million, increasing its total holdings to 446,400 BTC. MicroStrategy shareholders will vote on increasing stock for Bitcoin strategy in 2025. Share this article MicroStrategy announced Monday it had acquired 2,138 Bitcoin for approximately $209 million, at an average price of $97,837 per coin. These purchases were made between December 23 and December 29, bringing the company’s total Bitcoin holdings to 446,400 BTC, valued at around $41.8 billion based on current market prices. MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837…