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Bitwise and Strive File for Bitcoin Treasury ETFs to Capitalize on Corporate Bitcoin Adoption
Bitwise and Strive file for Bitcoin ETFs, focusing on companies like MicroStrategy with significant Bitcoin treasuries, as corporate adoption grows.
Bitwise and Strive File for ETFs Investing in Companies With Bitcoin Treasuries
Asset management firms Bitwise and Strive have filed ETF applications with the SEC to invest in companies with Bitcoin treasuries.
Tether Expands Horizons: First VC Investment and Strategic Partnership With Cantor Fitzgerald
Tether expands its business portfolio with a landmark $2M venture capital investment in Arcanum Capital's Web3 fund while strengthening institutional ties through Cantor Fitzgerald's stake acquisition.
OKX Expands AI Trading Options: GRIFFAIN and ZEREBRO Perpetual Futures Launch
OKX introduces USDT-margined perpetual futures for two innovative AI projects, offering traders new opportunities in the growing AI crypto sector.
Bitcoin Dips to $96k As Boxing Day Rally Failed to Top $100k
Bitcoin has dropped to the $96k level after failing to surge above the $100k level during its rally on Boxing Day, with altcoins recording greater losses.
Injective Partners With Aethir to Pioneer Tokenized GPU Compute
On Thursday, the Injective team announced via X that it has partnered with Aethir to launch a new initiative to tokenize GPU compute resources, aiming to bring AI and blockchain closer together.
Kyber Network’s KyberSwap to Launch on Sonic
Kyber Network announced via X on Thursday that its KyberSwap will launch on the Sonic blockchain.
Sushi Is Now Live on Sonic
On Wednesday, the Sushi team announced via X that Sushi is now live on the Sonic network.
Mercardo Bitcoin Integrates Injective
On Monday, the Injective team announced via X that Mercado Bitcoin, the largest Brazilian exchange with over 3 million users, has officially integrated native $INJ.
Celer Network Adds CBridge Support for $MSM
On Monday, the Celer Network announced via X that it has added support for Coinmusume’s $MSM token between Ethereum and Oasys Hub.
Crypto.com Expands U.S. Presence With Institutional Custody Service
Crypto.com unveils its U.S. institutional custody service, enhancing secure digital asset storage and signaling its commitment to regulatory collaboration.
Fireblocks Processes Over $3 Trillion in Transfers, Over 50% in Stablecoins
Fireblocks processed over $4 trillion, with over 50% of the transfers from stablecoins as experts meet to discuss the future of digital payments.
Russia Imposes 6-Year Ban on Crypto Mining in 10 Regions Amid Energy Concerns
Russia bans crypto mining in 10 regions for six years, potentially disrupting Bitcoin mining prices and global operations.
Analog Introduces Mainnet Launch of Its Interoperability Solution
Analog, an interoperability solution, has launched its mainnet, empowering developers to build sophisticated multi-chain applications.
Philippines Unveils Draft Framework for Cryptocurrency Regulation
The Philippine SEC drafts groundbreaking regulations for crypto service providers, emphasizing consumer protection and market stability.
Gate.io Makes Strategic Return to Japan Through Coin Master Acquisition
Gate.io secures Japanese market re-entry through strategic acquisition of licensed crypto exchange Coin Master, transforming into Gate Japan.
BTC Lulls Below $95k As Altcoins Show Signs of Recovery
BTC continues to trade below $95k despite MicroStrategy’s latest acquisition, while altcoins show strong signs of recovery.
EBTC Goes Omnichain Through LayerZero
On Monday, the LayerZero team announced via X that ether.fi, the fourth-largest dApp by TVL, has introduced eBTC, a $650M Bitcoin-backed liquid restaking token that uses LayerZero's OFT Standard.
Pyth Network Welcomes Swaap As a Data Provider
The Pyth Network announced via X on Monday that Swaap has become a data provider for the Pyth blockchain.
Solo Leveling: Unlimited Launches an L1 on Avalanche Mainnet
On Monday, the Avalanche Foundation announced via a blog post that Otherworld launches 'Solo Leveling: Unlimited’ (SL:U), a new digital collectibles platform based on the Korean mega-hit anime series ‘Solo Leveling.’
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GMTBurnVote
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#GMTBurnVote The #GMTBurnVote is a pivotal initiative by GMT DAO, inviting GMT token holders to decide the fate of up to 600 million GMT tokens, valued at approximately $100 million. This community-driven event underscores GMT DAO's commitment to transparency and decentralized governance.
Key Details:
Voting Period: November 21, 2024, to January 20, 2025.
Participation Steps:
1. Log In: Access your Binance account.
2. Navigate: Go to the BURNGMT voting page.
3. Lock Tokens: Secure your GMT tokens to participate.
4. Vote: Cast your decision on the token burn.
5. Earn Rewards: Receive daily GMT rewards from a 100 million GMT pool during the voting period.
Potential Impact of the Burn:
Supply Reduction: Burning 600 million GMT would significantly decrease the total supply, potentially increasing the value of remaining tokens.
Enhanced Value: A reduced supply could boost market confidence and demand.
Community Empowerment: This initiative exemplifies GMT DAO's dedication to decentralization and community involvement.
How to Participate:
Visit: Access the official voting platform at burngmt.com.
Lock Tokens: Secure your GMT tokens until January 20, 2025, to cast your vote on the Polygon network.
Vote: Decide on the proposed token burn.
Rewards: Earn daily GMT rewards throughout the voting period.
By participating in the #GMTBurnVote, you play a crucial role in shaping the future of GMT, contributing to a more decentralized and community-focused ecosystem.
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