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Crypto market sees over $2 billion in liquidations. Bitcoin drops below $93,000 before recovering to $95,000. Cardano (ADA) loses more than 18% in value. Over 700,000 traders impacted by market volatility. The cryptocurrency market experienced one of its most significant drops in recent times, with over USD $2 billion in liquidations. This event has left more than 700,000 traders facing the repercussions of a highly volati…
Tether announces USDT issuance on Bitcoin’s base layer and Lightning Network. Integration facilitated by Lightning Labs’ Taproot Assets protocol. Potential to revolutionize Bitcoin’s role in the stablecoin ecosystem. Tether’s Groundbreaking Move to Bitcoin’s Ecosystem Tether, the world’s largest stablecoin, has announced it’s expanding its operations to none other than Bitcoin’s base layer and its layer 2 solution, the Lig…
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El Salvador reforms its Bitcoin Law to secure a $1.4 billion IMF loan. Bitcoin acceptance becomes voluntary, stripping its mandatory legal tender status. Despite changes, El Salvador continues to accumulate Bitcoin. El Salvador’s Bitcoin Law Overhaul El Salvador’s Congress passed a significant reform to its Bitcoin Law, aligning with the International Monetary Fund’s (IMF) conditions for a $1.4 billion loan package. This l…
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Trump Media launches TruthFi, a fintech venture. $250 million investment aimed at Bitcoin, ETFs, and more. Strategic partnership with Charles Schwab. Focus on enhancing financial services for “American patriots.” What is TruthFi? Trump Media & Technology Group (TMTG) has announced the launch of TruthFi, a fintech platform designed to cater to a diverse array of investment opportunities. This initiative marks TMTG’s…
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