Author: cointechies
President Trump's World Liberty multisig wallet has spent $12 million buying Ethereum, Chainlink, and AAVE. ETH price rose 2% after the purchase, while LINK and AAVE rose over 20%. This move follows the recent announcement in November that World Liberty would adopt Chainlink and AAVE for its DeFi platform. Donald Trump-backed DeFi platform World Liberty Financial (WFLI) spent $12 million on Ethereum (ETH), Chainlink (LINK), and Aave (AAVE) on Thursday, leading to a 2% rise in ETH and LINK caused a backlash of more than 20%. And AAVE. WFLI already announced in November that it would integrate Chainlink and Aave…
Georgetown, Cayman Islands, December 12, 2024, Chainwire KAST, a financial technology platform built on stablecoins that offers a neobank-style experience, has raised $10 million in seed funding. The round is led by HSG (HongShan Capital Group) and Peak XV Partners. A number of prominent angels, DST Global partners and Goodwater Capital also participated in the round. “For most countries, and over half of the world's GDP, banking cannot match the openness and speed of the internet and is fundamentally broken. Stablecoins are the obvious solution, but the user experience is great. We are building KAST to change that,” adds Raagulan…
Ronaldo is an experienced cryptocurrency enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity that quickly turned into a deep passion to understand the intricacies of this breakthrough technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved deep into the world of cryptocurrencies, exploring its various aspects, from blockchain fundamentals to market trends and investment strategies. His tireless inquisitiveness and efforts to stay abreast of the latest developments have given…
SPOKANE, Wash. — A Spokane man has been found guilty of stealing $350,000 from investors in a cryptocurrency scheme.Michael McElhiney, 38, defrauded investors by posing as the operator of a cryptocurrency investment fund called MAC Blockchain Solutions, according to the U.S. Attorney's Office and court documents. This project took place between March 4, 2021 and September 10, 2022. Mr. McElhiney told prospective investors that he and his business partners run a crypto investment fund that has successfully invested in emerging cryptocurrencies, Ethereum staking, and other blockchain-based projects. I promised that I would be there. Cryptocurrency liquidity pool.Prosecutors said McElhiney typically…
Investing.com — Bitcoin rose on Thursday, extending an overnight rally as U.S. consumer inflation data boosted risk appetite and investors largely kept betting on a December interest rate cut. did. The world's largest cryptocurrency appears to have recouped all of its losses over the past week, while also breaking out of the $90,000 to $100,000 trading range seen in recent weeks. Shares rose 3.5% to $100,875.9 by 12:47 a.m. ET (5:47 p.m. Japan time). While most altcoins posted strong gains as risk appetite increased, broader crypto prices also tracked Bitcoin. Most major cryptocurrencies continued to rally significantly over the last…
Important points Mt.Gox recorded another significant transfer this month, moving over 2,300 BTC to unidentified wallets. The move came at the same time Bitcoin price hit $100,000 amid potential Federal Reserve policy changes. Share this article A wallet linked to the defunct cryptocurrency exchange Mt.Gox moved 2,324 Bitcoins worth $234 million to an unidentified wallet early Thursday, according to data from Arkham Intelligence. The move comes as Bitcoin soars above $100,000 following the latest inflation report and expected Fed interest rate cuts.The transfer follows the movement of 2,623 Bitcoins worth approximately $255 million from a Mt.Gox-labeled wallet to two addresses…
Check out the latest information in Spanish. Yesterday, Bitcoin (BTC) fell to $94,500 after Microsoft shareholders flatly rejected the Bitcoin Treasury's proposal to allocate 1% of the company's total assets to the purchase of BTC as an inflation hedge. However, analysts are still confident that BTC price will rise further. Bitcoin could soar to $275,000 According to data from Coinglass, more than $478 million in contracts (mostly long positions) were liquidated in the past 24 hours following the sharp decline in BTC and other cryptocurrencies. Interestingly, altcoins had higher liquidation values compared to Bitcoin. Related books However, some analysts see…
President Trump Boosts Crypto Speculation as Ethereum Wallet Holdings are Released Yahoo Finance
After the market flush earlier this week, Bitcoin has rallied above USD 100,000. Inflation indicators in the US and China were either in line with expectations or worse than expected. Altcoin analysis: AAVE and ONDO On December 10th, we witnessed a massive deleveraging event in the crypto market, with over $1.5 billion of long-term exposure wiped off the market's books. However, this is a classic example of a market situation where real demand (spot buyers) was absent and FOMO chasing leveraged traders were betting on high prices. This is a common strategy in bull markets, and we've already seen significant…
BNB price is pacing above the $700 zone. The price is showing positive signs and could aim for a move above the $735 resistance. BNB price started a new rise from the $650 support zone. The price is currently trading above $700 and the 100 hourly simple moving average. On the hourly chart of the BNB/USD pair, the pair broke above the main bearish trend line with resistance at $705 (data source: Binance). The pair needs to sustain above the $700 level to initiate further upside in the near future. BNB price begins new rise After closing above the $675…