The price of Bitcoin (BTC) has broken through $45,000 for the first time in nearly two years as the market prepares for a widely expected approval of a spot Bitcoin exchange-traded fund (ETF). Bitcoin climbed rapidly from a price of $42,000 on Jan. 1, surging more than 6% in the last 24 hours and 170% over the last year, per CoinMarketCap data. Bitcoin is up 6% in the last 24 … [Read more...] about Bitcoin price breaks above $45K, days ahead of potential ETF approval
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Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch
“We actually believe that browsers will be more important in Web 3 than they were in Web 2,” Jorgen Arnesen, vice president of Web 3 at Opera, told CoinDesk in an interview. “We’ve been around the block for 25 years, and around Web 3 since 2018. A multi-chain token strategy will be essential to a good user experience.” Source link … [Read more...] about Opera Releases Web 3 Browser Ahead of Cross-Chain Wallet Launch
Miners Going Public Amid Bitcoin Slump Face Tough Months Ahead
“There are a number of SPACs and IPOs that will look to close in the first half of 2022, such as Core Scientific, PrimeBlock, Rhodium and Griid,” Luxor Mining’s co-founder and Chief Operating Officer Ethan Vera said. These companies looking to go public not only face a correction in crypto prices but also an increasingly crowded market, he added. Source link … [Read more...] about Miners Going Public Amid Bitcoin Slump Face Tough Months Ahead
Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
“Hundred Finance is a new project on Fantom that has recently received a lot of attention, and it is leveraging the now-popular ve-token model with high stablecoin yields of up to 30% APY. This, in turn, generated a lot of hype and speculation, as evidenced by Fantom surpassing Avalanche in daily transaction count,” he added. Source link … [Read more...] about Fantom Transactions Surge Ahead of Avalanche as DeFi Prospects Heat Up
Solana DeFi Protocol Exotic Markets Raises $5M Ahead of Mainnet Launch
Part of the funds will be allocated to market-making activities on the platform to help drive its mainnet launch, which is planned for late February, said Dalet. (A devnet is slated for later this month.) Market makers buy and sell assets for their own account, which also helps provide the market with liquidity. Source link … [Read more...] about Solana DeFi Protocol Exotic Markets Raises $5M Ahead of Mainnet Launch