SOL rebounds above $200, Aave deposits hit $33.4B record: Finance Redefined
Growing investor optimism in anticipation of Trump’s inauguration is inviting new capital into the market, which pushed Aave deposits to a new all-time high.
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Binance’s Trust Wallet Hits 5M Users, Expands DeFi Services
Binance owned Trust Wallet has hit a five million user milestone, it is now delving into the DeFi sector. 1408 Total views 15 Total shares Crypto giant Binance acquired Trust Wallet two years ago today. In that short space of time, the service has managed to amount 5 million users, and it is now expanding…

Pat Toomey blames the SEC for crypto lending platform crisis
A crypto-friendly legislator believes the Commission's regulation-by-enforcement approach to be ineffective. 194 Total views 17 Total shares According to Senator Pat Tomey, famous for his vocal support for the crypto industry, the United States Securities and Exchange Commission (SEC) could have prevented the loss of $12 billion in assets by investors who trusted Celsius, a…

Turkish investors prefer crypto over real estate and stocks — Survey
An annual survey in Turkey showed that crypto is the third most preferred investment instrument among investors after gold and foreign currencies.

Revolut expands crypto exchange to 30 new markets in Europe
Revolut X’s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May.

Someone Say Bear Market? Bitcoin Sets 3 Huge New Records in 2019
Bitcoin (BTC) was, in fact, anything but bearish in 2019, as new data shows its technical strength has reached levels never seen before.An examination of three metrics — Bitcoin’s transaction count, USD transaction volume and hash rate — confirms the largest cryptocurrency firmly beat off bearish sentiment this year.Over the past twelve months, those measures…

BlackRock's Bitcoin ETF registers second-ever outflow of $13.5M
BlackRock’s Bitcoin ETF has faced its second-ever day of outflows as the price of Bitcoin dipped below $59,000.

EU securities regulator warns about risks of ‘non-regulated’ cryptos
The ESMA analyzed the impact of COVID-19 on financial markets, highlighting the supposed risks linked to crypto investment. 4537 Total views 18 Total shares The European Securities and Markets Authority, the European Union's independent financial authority, has warned about the high risk of cryptocurrency investment.In its latest “Trends, Risks and Vulnerabilities” report published Wednesday, the…

Analysts eye Bitcoin miners’ AI, chip sales ahead of Q4 earnings
Miners are embracing adjacent business lines to offset pressure on core mining margins from the April 2024 halving.