The crypto market delivered serious volatility today as Bitcoin briefly reclaimed $93,000 before slipping back toward $91,000. While the move looks chaotic on the surface, the underlying drivers are clear — and surprisingly bullish. Here’s everything unfolding across macro, crypto derivatives, and commodities, and what it means for the next move. 🚨 $15.4 Billion in
Boosty Labs, a blockchain infrastructure developer, has put forward a detailed design for a Tron Settlement Batching Layer. The proposal went live on the CTDG Dev Hub on Nov. 14, opening it up for public review from validators, developers, and community members. The proposal focuses on a simple idea with major implications: grouping many transactions
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. IRC will use Soneium’s IPFi infrastructure to measure and reward fan activity, issuing “IRC Scores” with its mobile app. It will convert these scores into membership tiers that provide real-world benefits. Tech giant Sony is moving ahead with Web3 adoption
A Brazilian fintech firm, Tanssi, is rolling out a government-backed blockchain project that involves microloans for farmers in São Paulo, following the pilot of a local currency in the town of Santo Antônio da Alegria. During an interview with CoinDesk at the Blockchain Conference Brasil in São Paulo, Tanssi’s Director of Business Development, Luis Dal
Several crypto-linked stocks climbed on Friday as prediction-market odds of a December rate cut surged to 87% on Polymarket, the highest level this month. Three US-listed Bitcoin miners led the rally, with Cleanspark, Riot Platforms and Cipher Mining all rising in the session and showing double-digit gains over the past five days. Probability of a
Early Uber investor Jason Calacanis is urging Tether to fully stabilize and “Americanize” its operations, which he believes would restore the company’s credibility and reduce systemic risk. Specifically, he is recommending that Tethe sell all Bitcoin holdings. He argues that the leading stablecoin issuer should hold 100% U.S. Treasuries. In such a way, it would
Ethereum Layer 2 scaling solution Optimism is rethinking its strategy after years of helping other projects build networks on its technology. Now the company’s chief executive, Jing Wang, says that approach came at a high cost. Optimism was designed to offer cheaper transactions just as Ethereum experienced rising gas fees around 2020-2021. Its OP Stack
Key Takeaways Senator Dave McCormick disclosed having purchased up to $150,000 in shares of the Bitwise Bitcoin ETF. McCormick sits on the Senate Banking Committee’s digital assets subcommittee, influencing crypto policy. Senator Dave McCormick, a Republican from Pennsylvania who serves on the Senate Banking Committee’s digital assets subcommittee, on Thursday disclosed fresh purchases of the
At a 16.77% loss for November, Bitcoin returns are in line with 16.23% loss in November 2022, following the FTX exchange disaster. Yet, no event of that magnitude occurred this year. In fact, Bitcoin’s price crash cannot be pinned down to any specific event related to the crypto sector. Nearly two months ago, on October
The cryptocurrency appears to have stabilized, and if everything falls into place at the right time, a holiday rally might be in order. The Catalyst That Could Push Bitcoin Higher Before the Holidays It went largely unnoticed, but on Wednesday, Treasury Secretary Scott Bessent wrapped up several important interviews with five candidates, all vying for