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Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans


Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm in the cryptocurrency industry focusing on decentralized finance, declared...

Three Arrows Co-Founders’ OPNX Exchange to Cease Operations


Crypto exchange OPNX launched by Three Arrows Capital co-founders has announced it will “officially cease operations and shut down in February 2024.” The exchange said in an email it will cease all operations on 14 February. OPNX is asking customers to settle positions before 7 February, 8 AM...

USDC to Go Native on Celo Blockchain, Eyeing Role as Gas Currency


The Celo Foundation has partnered with Circle to bring USDC, a leading stablecoin, into its network. This integration not only diversifies Celo’s stablecoin offerings but also positions USDC to become an official gas currency on the blockchain. Celo Embraces USDC for Enhanced Digital Currency...

Kraken Taps Former N26 and Coinbase Execs for Key Positions


Crypto exchange Kraken has announced the hiring of a former N26 Chief Product Officer and a former Coinbase Managing Director. In an statement published on January 25th, Kraken announced it had hired Gilles BianRosa and Marcus Hughes to strengthen its leadership team. The company said the hires...

Vanguard Holds Significant Stake in MicroStrategy, Indirect Bitcoin Exposure


Source: AdobeStock / photo_gonzo Vanguard, one of the world’s leading asset management firms, has secured a substantial stake in MicroStrategy (MSTR), providing investors with indirect exposure to Bitcoin (BTC). While Vanguard has opted against launching Bitcoin exchange-traded funds (ETFs)...

Bitcoin Open Interest Tops $20 Billion Amid Spot ETF Approval Anticipation


Source: Adobe Stock The open interest in Bitcoin futures contracts across the entire network has surged to 435,700 BTC, approximately valued at $20.443 billion. The opened positions of Bitcoin’s futures contracts witnessed an 11% increase in the past 24 hours, reflecting heightened investor...

BNB Surges 11% to Overtake Solana as Community Welcomes Sleepless AI


BNB surges 11.16% to move past Solana (SOL) in market capitalization, sparking several sentiments from traders and igniting a new altcoin push.  The last days of the year have seen multiple assets making uphill movements as bulls set sights on good positions before the new year with more...

Solana-Based Meme Coin BONK Surges 45% after Coinbase Listing


Source: Adobe Solana-based meme coin BONK has gained more than 45% in the past 24 hours following the announcement of its listing on prominent exchange Coinbase. The move positions BONK as the third-largest meme coin, trailing only Dogecoin (DOGE) and Shiba Inu (SHIB), to be offered on...

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