U.S. Election Impact on Bitcoin: Will Historical Election Day Price Trends Predict the Next Rally?
Market Reactions and Speculations The emergence of this pattern coincides with Bitcoin’s attempt to breach the $73,000 mark, a move that briefly positioned it above previous monthly highs. Nonetheless, this rally was met with resistance, leading to a regression to the $67,000 level. Analysts note that the subdued breakthrough beyond $74,000, in contrast to the expected trajectory mirrored by notable financial instruments like BlackRock’s IBIT, might stem from the minimal fresh capital inflows i
Venus Protocol Brings DeFi Lending To Layer 2 Network By Expanding to Optimism
DeFi accessibility and cost-effectiveness are on track for a new milestone, as leading DeFi lending platform Venus Protocol has announced it is expanding to the Optimism Network. This is a significant move in the multi-chain strategy of Venus Protocol which has one of the fastest-growing Layer 2 solutions in the Ethereum ecosystem. The initial launch on Optimism will feature five key markets: WBTC, WETH, USDT, USDC(native), and OP. This is a strategy to provide value to the community as Venus us
Biconomy Joins Forces with SunPump to Drive Innovation in Blockchain Trading
Biconomy, a popular multi-chain transaction forum, has announced a thrilling collaboration with SunPump. The partnership targets promoting growth and innovation in the blockchain sector, leveraging the features of both entities to establish a more resilient and accessible trading environment to facilitate users. The platform took to its official X account to announce this development.
Biconomy and SunPump Collaborate to Innovate Blockchain Trading Biconomy also shared a blog post on its officia