Bitcoin DeFi TVL up 2,000% amid bumper 2024 for BTC price, adoption
The 22-fold increase was attributed to Bitcoin staking developments, the launch of spot Bitcoin ETFs in the US and BTC’s soaring prices during 2024.
Related Posts
How to regulate exchanges: Learn crypto from Biden’s SEC chair pick, part 2/3
This is the second in a three-part series based on Gary Gensler's extensive prior public statements on crypto. Here is part 1. A link to part 3 will appear here when it is published. Gary Gensler will likely become chairman for the U.S. Securities and Exchange Commission, or SEC, in the coming days. A professor at…
Price analysis 2/4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief rally, backed by strong results by Amazon. Bollinger Bands creator John Bollinger recently tweeted that Ether looked to be in a good spot to be added to his existing long positions.The Purpose…
Blockstream, Swiss IT Consulting Firm Sign MoU for Blockchain Integration Services
Global blockchain company Blockstream has partnered with а Swiss crypto consulting firm to launch a blockchain-driven settlement network, according to a press-release Dec. 17.Inacta AG and Blockstream have reportedly recently signed a Memorandum of Understanding (MoU) to provide integration services for Liquid — a sidechain solution launched by Blockstream in October. Liquid reportedly combines key…
Huobi’s Mining Arm Records 547% Surge in Operating Revenue in 2019
Huobi, the fourth-largest cryptocurrency exchange by daily trading volume to date, saw significant progress in its crypto mining business in 2019.Huobi Pool, a cryptocurrency mining arm of Huobi, says its operating revenues surged 547% in 2019, reaching $320 million year-over-year from $53 million in 2018.PoS staking continues to be the Huobi Pool’s most profitable businessOriginally…
Victory is for the taking in Friday’s $950M Bitcoin options expiry
Bitcoin (BTC) price is down this week, and naturally, bears will always find some reversal signal whenever the price shows strength, such as the 8% gain on Nov. 28. Of course, technical analysis is not an exact science, so there is a margin for interpretation and most traders look at multiple timeframes to find a…
‘Crypto winter’ won’t end in 2023 — Bitcoin advocate David Marcus
Bitcoin (BTC) and crypto will need until at least 2024 to "recover from the abuse of unscrupulous players," says one of the industry's best-known names.In a blog post released on Dec. 30, David Marcus, CEO and founder of Bitcoin firm Lightspark, disappointed bulls with his outlook for the coming years.Marcus: "Crypto winter" will likely last…
M2 money supply 'holds the key' for Bitcoin's next move — Market analyst
The growth of the money supply is historically correlated with previous Bitcoin price bull runs.
Bitcoin could be one upgrade away from overtaking Ethereum DeFi
A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a suite of new functionality that could potentially see the Bitcoin network rival Ethereum in terms of decentralized finance (DeFi) activity. The upgrade is called “OP_CAT” (short for operation code concatenate) and refers to a few simple lines of code