Matthew Sigel, Head of Digital Assets Research at VanEck, has highlighted the significant potential for growth in Bitcoin’s derivatives market. In a recent post, he noted that equity and commodity derivatives are 279 times larger than Bitcoin’s relative to their underlying markets. A chart he shared showed that while equity…
Explore how Babylon unlocks yield for Bitcoin holders and how Fractal Bitcoin addresses scalability. Will these projects pave the way for a new era in DeFi? Source link
US Securities and Exchange Commission (SEC) Chairman Gary Gensler will testify twice this week before Congress. Gensler will appear before the House Financial Services Committee on Sept. 24 and was scheduled to meet the Senate Banking Committee on Sept. 25, but the second hearing has now been postponed. Eleanor Terrett…
The Philippines’ DOST-ASTI introduced blockchain, NFTs, and crypto to youth, with a focus on real-world applications, fostering innovation for the future. Source link
Crypto exchange Bybit has introduced an Islamic crypto account tailored to its Muslim users, according to a Sept. 24 statement. Bybit CEO Ben Zhou shared the update in a social media post on X, stating: “[The] World first Crypto Islamic account is now fully live on Bybit. Shariah-Compliant and Initial…
Bybit launches Shariah-compliant crypto account, targeting Muslim investors seeking investment options in line with Islamic finance principles. Source link
SocialFi app Phaver launched its Phavercoin (SOCIAL) token today, initiating the Phairdrop event that marks the platform’s transition to a token-powered decentralized social ecosystem. The token generation event signifies Phaver’s move from the “DeSoc” era to the “SocialFi” era, integrating the SOCIAL token into its point economy and in-app functionalities.…
Other top messaging apps like WhatsApp and Meta’s Messenger are also sharing user data with authorities, on valid legal requests. Source link
Lido Finance reported that its total value locked (TVL) increased by 10.83% over the past week, reaching $25.18 billion as of Sept. 23. This growth is primarily attributed to a rise in Ethereum’s token price, which boosted the value of assets staked through the platform. Despite the overall increase in…
Bitcoin rallied strongly after the previous two stimulus package announcements by the People’s Bank of China. Source link