XRP’s market structure suggests that the altcoin is gearing up for a run to new all-time highs. Source link
Day: January 9, 2025
Trump’s Bitcoin policy lashed in China, deepfake scammers busted: Asia Express
China banker says Trump’s Bitcoin plan contradicts his US dollar dreams as Hong Kong busts deepfake AI pig butcher scammers. Asia Express. Source link
Polymarket users bet Biden more likely to pardon SBF than Ross Ulbricht
The former FTX CEO is currently serving a 25-year sentence awaiting appeal, while the Silk Road founder was sentenced to life in prison in 2015. Source link
Bitcoin’s Trump trade dented by rising yields and strong US dollar
Bitcoin’s ability to hold the $100,000 is being suppressed by rising treasury yields and a strengthening dollar. Is the “Trump trade” ending? Source link
Is the Bitcoin bull run ending? Analyst says metrics don’t point to a ‘market peak’ yet
Bitcoin’s recent price woes near $92,000 are short-term, and one analyst says traders should ignore the market noise. Source link
Cypherpunk Nick Szabo joins Samson Mow’s Jan3 as chief scientist
“We are very proud of the addition of Nick to the Jan3 team as we ramp up efforts to accelerate the global adoption of Bitcoin,” wrote Mow. Source link
Raydium launches perpetual futures trading on Solana
Key Takeaways Raydium launches perpetual futures beta, offering 70+ pairs, up to 40x leverage, and low fees powered by Orderly Network. Perpetuals on DEXs have exceeded $650 billion in volume, with Raydium joining the profitable on-chain derivatives market. Share this article Raydium, the third-largest DeFi protocol on Solana, has launched a public beta for perpetual futures trading through Orderly Network. The platform offers gas-free trading and access to over 70 trading pairs with up to 40x leverage, featuring maker fees of 0% and taker fees of 0.025% during the beta…
Wisconsin lawmaker to chair US House digital assets subcommittee
French Hill has stepped back as leader of the digital assets, fintech, and AI subcommittee to become chair of the full House committee in the 119th Congress. Source link
Compound adds Ethena, Mantle tokens to lending platform
Stablecoins and liquid staking tokens are continuing to drive TVL growth across DeFi. Source link
Solana ETF approval unlikely in US soon says Sol Strategies CEO
Key Takeaways Sol Strategies CEO Leah Wald told Blockworks she anticipates delays in US approval of a Solana ETF, citing regulatory challenges. Canada may approve a Solana ETF before the US due to its track record of leading ETF innovations. Share this article Leah Wald, CEO of Sol Strategies Inc., told Blockworks that she is skeptical about the approval of a Solana ETF in the United States in the near future. Despite growing interest in Solana and its ecosystem, Wald believes regulatory challenges and the evolving leadership at the SEC…