StakeLayer, a pioneering Restaking platform operating on Bitcoin L2, has marked a significant milestone by successfully concluding two phases of its Presale, securing over $500,000 in funding.
During the Presale, early participants have an opportunity to purchase $STAKE - native token of StakeLayer ecosystem. Holders will be able to use their tokens to potentially get additional rewards from vaults and participate in DeFi activities.
#BTC set for biggest monthly jump since 2020 amid ETF boost
Bitcoin was on track for its biggest monthly gain in more than three years on Thursday and within sight of a record high, propelled by cash rushing into exchange-traded funds.
The approval and launch of spot bitcoin exchange-traded funds in the U.S. this year has opened the asset class to new investors and reignited the excitement that evaporated when prices collapsed in the "crypto winter" of 2022.
The largest cryptocurrency by market capitalisation was last up 3.4% at $62,205, having changed hands at $63,933 overnight, the highest since late 2021.$BTC
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Goldman Sachs equity strategists raised their year-end S&P 500 index target to 5200 from 5100, indicating a 4% potential upside from current levels. On Friday, the S&P 500 index closed at 5005.56, down 0.4% on the week.
The US Federal Reserve, defending the dollar, will stand firm in the face of currencies that threaten its dominance Federal Reserve Governor Christopher Waller said the US dollar is likely to retain its prominent position globally despite recent threats from cryptocurrencies, a rising euro and China's promotion of its yuan. “I do not expect to see the U.S. dollar lose its status as the global reserve currency any time soon,” Waller said in a speech Thursday at the University of the Bahamas.
(Reuters) - NBC News on Thursday quoted three American officials as saying that the United States recently launched a cyberattack on an Iranian military ship in the Red Sea and Gulf of Aden that was collecting intelligence information about cargo ships.
The network's report said that the electronic attack occurred a week ago as part of the government's response to a drone attack carried out by factions in Iraq supported by Iran, which resulted in the killing of three American soldiers in Jordan and the injury of dozens of people late last month. The television network said that the operation aimed to disrupt the ship's ability to transmit intelligence information to the Houthis in Yemen.
Shares of cryptocurrency companies rose on Wednesday on the back of the continued rise in the price of Bitcoin, which rose another 4%. Bitcoin is currently trading at around $51,770, its highest level since December 2021. The recent rise has increased its market value to $1 trillion. The price of Ethereum, the second largest digital currency, has also risen by nearly 4% at the time of writing. , and is trading at around $2,746. #Bitcoin ↗️↗️✅#
Ripple announced an acquisition of digital asset platform Standard Custody and Trust Co. Headquartered in New York, this deal is awaiting regulatory approval final. Once the acquisition is completed, Ripple will become the sole holder of Standard Custody’s shares, in an effort to benefit from the platform’s temporary credit and money transfer services licenses in order to expand the package of regulatory licenses that it #XRP.📢🚨 has.
Philippine SEC to block Binance for lack of proper licenses
The Philippine Securities and Exchange Commission (SEC) has announced a significant regulatory move against the popular cryptocurrency exchange Binance. The SEC plans to block Filipino users' access to Binance's services due to the company's failure to secure necessary corporate registration and proper licensing for securities offerings in the Philippines. This decision comes after the SEC's observation of Binance's active marketing campaigns targeting Filipino investors on social media.
The regulatory body is collaborating with the National Telecommunication Commission (NTC) and the Department of Information and Communications Technology (DICT) to implement the access restrictions within the next three months. Moreover, the SEC has taken action against major online platforms, directing Google (NASDAQ:GOOGL) and Meta (NASDAQ:META) to halt advertising that promotes Binance's services to the Philippine market.
Stock Market Today: Dow wraps up strong November with swashbuckling 520-point gain
Investing.com-- The Dow wrapped up a strong November, with swashbuckling gains on Thursday as investors cheered further a slowdown in inflation and mostly better than expected corporate earnings.
#BTC Bitcoin price is up today, rising to an intra-day high of $37,972 before retracing below $37,000. The rally to a new year-to-date high comes as hype around a spot BTC exchange-traded fund (ETF) resulted in a wave of short liquidations, pushing prices across the crypto market higher.
Dan Gambardello, Chief Market Analyst and Founder of Crypto Capital Venture, expressed: He expressed his optimism about how high the price of Bitcoin (BTC) could reach. The currency is expected to exceed $200,000 in the next upward trend
believes Stephen McClurg, chief investment officer at Valkyrie Investments. The US Securities and Exchange Commission (SEC) will approve the spot Bitcoin ETF by the end of November.
Binance Removes Major Margin Trading Pairs Cryptocurrency trading platform Binance announced in an official announcement on November 1 that it will remove shared and isolated margin trading pairs on November 9. Binance will remove some major cryptocurrency spread pairs such as BCH/BUSD. ADA/BUSD, AVAX/BUSD, and BCH. /BUSD, DOGE/BUSD, DOT/BUSD, FIL/BUSD, LINK/BUSD, LTC/BUSD, MATIC/BUSD, and SHIB/BUSD. The move is part of the strategy to completely end support for the BUSD stablecoin by February 2024.