TON blockchain has launched the TON Teleport BTC cross-chain bridge, allowing seamless Bitcoin transfers to and from the blockchain as tgBTC.
A game changer for Telegram-powered crypto interactions and cross-chain flexibility.
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According to reports, Ripple plans to launch RLUSD on December 4.
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Believable or just hopium?
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The online prediction market platform Polymarket has retained a loyal user base a month after the 2024 US presidential election. Despite regulatory actions against Polymarket, the platform has continued to see consistent user activity.
This ongoing engagement from Polymarket's user base is noteworthy in the context of the platform's recent legal challenges.
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Nearly $2 billion worth of Bitcoin, originating from the notorious Silk Road dark web marketplace, has recently been moved to the Coinbase Prime platform, a cryptocurrency custodial service.
This transfer is significant because the Silk Road was infamous for enabling the sale of illegal goods, and the movement of these Bitcoins, likely acquired through illicit activities, adds an intriguing chapter to the ongoing story of the Silk Road's legacy.
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The illiquid supply of Bitcoin, which refers to the number of bitcoins that are held in wallets and are unlikely to be sold, has reached a new all-time high of nearly 15 million tokens. This indicates that a significant portion of the total Bitcoin supply is not readily available for trading or spending, as it is being held by long-term investors or users who are not actively participating in the market.
The high level of illiquid supply suggests a growing level of scarcity and potential for increased price volatility in the Bitcoin market, as the available supply for trading and transactions is reduced. This development is likely to be of interest to Bitcoin investors and analysts, as it provides insights into the overall market dynamics and the potential impact on the price and adoption of the cryptocurrency.
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Ethereum's transaction revenue has surged since Donald Trump's election victory in 2024. According to Steno Research, Ethereum's daily transaction revenue has increased significantly since Trump's victory.
This suggests that the Ethereum network has experienced a boost in usage and activity following the 2024 US presidential election.
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Virgin Voyages has become the first cruise line to accept Bitcoin as a payment method.
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$443 million has been liquidated from the cryptocurrency market in the last 12 hours.
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Grayscale has filed to convert its existing Solana Trust (GSOL) into an exchange-traded fund (ETF), making it the fifth asset manager to do so. The Solana Trust currently has $134 million in assets under management. Grayscale has already successfully converted its flagship Ethereum and Bitcoin trusts into ETFs earlier this year.
With the crypto market, particularly Solana, seeing a sharp rally this year, the Solana ETF filing has caused the SOL token to jump about 3% in price. This filing comes as Grayscale competes with other providers like Bitwise, VanEck, 21Shares, and Canary Capital to launch a Solana ETF.
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Two crypto-friendly women, Perianne Boring and Caroline Pham, are being considered to lead the Commodity Futures Trading Commission (CFTC) under the Trump administration. Boring has been a vocal defender of the bitcoin mining industry and has criticized the Department of Energy and the Securities and Exchange Commission on their regulatory actions.
Pham, a Republican-appointed commissioner at the CFTC, has proposed a pilot program to regulate digital asset markets and tokenization, and has called for more international regulatory cooperation and clearer guidelines between the SEC and CFTC. Another name being considered is Summer Mersinger, as previously reported by Reuters.
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President-elect Trump has officially chosen pro-crypto Paul Atkins to succeed Gary Gensler as SEC Chair.
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