Elon Musk and Vivek Ramaswamy recently presented a comprehensive strategy aimed at reducing the federal workforce under the guidance of President-elect Donald Trump. Their proposal emphasizes a large-scale reduction of federal employees, which they argue will become feasible through the elimination of numerous regulations. Elon Musk and Vivek Ramaswamy Unveil Plan To Slash US Workforce…
Cardano (ADA) has been making headlines with a remarkable resurgence in transaction and whale activity, reaching levels not seen since June. The blockchain has recorded $52.26 billion in transaction volume this week, setting a seven-month high. This notable increase is being accompanied by a significant spike in large transactions by whales, with over 8,900 whale…
Grayscale will start trading the Bitcoin ETF options for both products on November 21, following BlackRock’s IBIT options trading on the previous day, which reached $1.9 billion in a day. An American asset manager, Grayscale Investment LLC, announced on their X’s…
Sky, the DeFi lending protocol that was formerly known as Maker, has rolled out its USDS stablecoin on the Solana blockchain. According to the official announcement, Sky said the launch positions USDS as “the first major DeFi-native stablecoin on Solana,” offering new avenues for borrowing, lending, and trading on the blockchain’s leading DeFi platforms. “Today’s…
Dogecoin (DOGE) is once again making headlines for its potential to achieve broader global adoption, especially after Bitcoin (BTC) claims a new all-time high (ATH) of over $93,000. Simultaneously, Avalanche (AVAX) has witnessed an upward trend in its price, drawing increased interest from traders due to its robust ecosystem. Adding to the excitement is the…
The SEC has announced the distribution of millions of dollars to investors affected by the collapse of BitClave, an online advertising blockchain startup. The reimbursement amount is over $4.6 million. The payments include principal amounts and interest for eligible investors. BitClave ICO Raised over $25 million in 2017 In 2020, the SEC filed a lawsuit…
Bitcoin (BTC/USDT) reigns supreme – hitting a new ATH of $94,832, cementing its undisputed dominance. Ethereum, lagging 37% below its ATH of $4,868, struggles to shine in Bitcoin’s shadow. Solana, nearing its all-time high of $259.9, shows nerves of steel. Meanwhile, HBAR, with an ATH of $0.576, looks like an undervalued gem waiting for its…
Kava, the decentralized DeFi ecosystem, has unveiled HARD.fun, the industry’s first decentralized memecoin creation platform, marking a significant step toward democratizing blockchain innovation. HARD.fun aims to empower the global crypto community to bring their memetic visions to life through AI-powered automation and community governance. This groundbreaking platform comes after an overwhelming majority of Kava Lend…
CEX.IO, a prominent centralized exchange, has unveiled its new trading platform update for enhanced and efficient liquidity. This update adds a new level of liquidity aggregation capability to upgrade trading effectiveness at the global level. Through this update, users will benefit in terms of efficient and predictable trading. CEX.IO Boosting Liquidity and Trading Efficiency at…
Franklin Templeton, one of the crypto exchange-traded fund (ETF) issuers, has expressed interest in releasing the crypto index ETF, but the authorities are now delaying it. The Securities and Exchange Commission (SEC) detained the deadline for approving the crypto index…
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