Tag Archives: DeFi

GameStop Targets Crypto: $1B In Convertible Senior Notes For Bitcoin Purchase

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GameStop, the video game retail company, experienced a significant downturn in its stock (GME) price, sliding more than 8% in after-hours trading on Wednesday, following the announcement that the company plans to raise $1.3 billion to invest in Bitcoin (BTC) through the issuance of convertible senior notes.  This move comes just a day after GameStop… Continue reading GameStop Targets Crypto: $1B In Convertible Senior Notes For Bitcoin Purchase→

GameStop Board Unanimously Approves Bitcoin As Treasury Reserve Asset

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In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market’s largest cryptocurrency, Bitcoin (BTC).  This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which… Continue reading GameStop Board Unanimously Approves Bitcoin As Treasury Reserve Asset→

Crypto Market Shaken: Tariff War Hits ETH, XRP, And SOL Hard

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The cryptocurrency market experienced a significant rally over the weekend, sparked by President Donald Trump’s announcement regarding the inclusion of three additional digital assets—Solana (SOL), XRP, and Cardano (ADA)—in a future national “Crypto Strategic Reserve.”  This news provided a much-needed respite for the market, which had been grappling with a downturn due to a series… Continue reading Crypto Market Shaken: Tariff War Hits ETH, XRP, And SOL Hard→

Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode

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Tron (TRX) is demonstrating its status as a dominant force in the realm of altcoin transactions. The network has established itself as one of the busiest blockchain networks by capturing a significant 42% proportion of all altcoin transactions. Tron’s dominance is becoming increasingly apparent due to its expanding role in decentralized finance (DeFi) and its… Continue reading Altcoin Transaction King? TRON Hits 42% Share As USDT, DeFi Explode→

Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

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In a recent statement, the US Securities and Exchange Commission (SEC) provided insights into the classification of memecoins within the context of federal securities laws.  This move, a part of the SEC’s attempt to make clear how these regulations apply to different assets, could prove to be a significant victory for these altcoins and the… Continue reading Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities→

On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off

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As the broader cryptocurrency market grapples with significant downturns, Ethereum (ETH) and Solana (SOL) have emerged as some of the hardest-hit assets among the top ten digital currencies.  On top of that, recent allegations by market experts on social media suggest potential market manipulation by major players in the space, raising further concerns for investors.… Continue reading On-Chain Data Reveals Binance’s Strategy Behind Massive Ethereum And Solana Sell-Off→

Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap

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In the fourth quarter of 2024, Polygon (formerly MATIC) experienced a significant mixed performance in key metrics, primarily driven by the testnet launch of its interoperability protocol, Agglayer.  This new initiative aims to facilitate cross-chain token transfers and message-passing, enhancing the functionality and integration of various blockchain networks.  Polygon Market Cap Rebounds To $3.8 Billion… Continue reading Polygon Q4 Digest: Agglayer Testnet Launch Drives 30% Spike In POL Market Cap→

Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings

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Cardano’s decentralized finance (DeFi) environment has increased significantly, with the total value locked (TVL) expanding by 13%. The spike, while impressive, is the product of multiple variables at work in the blockchain’s expanding DeFi scene. This surge is due to major protocol improvements and a steady rise in the adoption of decentralized apps (dApps), indicating… Continue reading Cardano Soars Nearly 130% To $30 Billion, Climbs To 9th In Market Cap Rankings→

World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Remain

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World Liberty Financial (WLFI), a forthcoming cryptocurrency platform endorsed by President Donald Trump and his sons, has reported a significant uptick in the sale of its governance tokens.  After a slow initial rollout approximately four months ago, Bloomberg reports that the platform has sold over 24 billion of its WLFI tokens, representing more than 96%… Continue reading World Liberty Financial WLFI Token Sales Surge: Less Than 1 Billion Tokens Remain→

Solana Metrics Surge: Total App Revenue Climbs To $840M In Record-Breaking Quarter

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A recent report by market intelligence firm Messari has highlighted an extraordinary performance by Solana (SOL) during the fourth quarter of 2024, characterizing it as potentially the best quarter for any blockchain in history.  Solana Becomes Second-Largest DeFi Network The report reveals a staggering 213% quarter-over-quarter (QoQ) growth in Chain GDP—essentially the total app revenue… Continue reading Solana Metrics Surge: Total App Revenue Climbs To $840M In Record-Breaking Quarter→