U.S. Investors Pour Nearly $1 Billion into Bitcoin ETFs, Eyeing $70,000 Ahead of Presidential Election

thedefiant.io As the U.S. approaches the presidential election, interest in Bitcoin is surging, with investors contributing nearly $1 billion into Bitcoin exchange-traded funds (ETFs).…

Solana May Surpass Ethereum in Market Cap This Cycle, Possibly by 2025

thedefiant.io There is growing speculation in the cryptocurrency community about Solana (SOL) potentially surpassing Ethereum (ETH) in market capitalization this cycle. Despite a…

Trump's World Liberty Financial to Launch $14M Stablecoin on Ethereum

thedefiant.io Donald Trump's crypto project, World Liberty Financial, plans to launch its own stablecoin, according to sources from Decrypt. The project, which recently raised $14 million…

Shiba Inu Announces ShibaSwap 2.0 and Major Shiboshis NFT Updates, Market Cap Over $10 Billion

thedefiant.io The Shiba Inu team has announced significant updates for its Shiboshis NFT collection and the launch of ShibaSwap 2.0. Marketing lead Lucie teased major improvements and new…

MicroStrategy Stock Hits Highest Close Since 2000 Amid 166% Bitcoin Premium, ETF Options Concerns

thedefiant.io MicroStrategy's (MSTR) stock has been on a significant upward trajectory, reaching its highest close since March 2000. The stock has shown a strong momentum, with a premium…

Tether's Market Cap Surges to $120 Billion as USD₮ Launches on Aptos Blockchain

thedefiant.io The recent surge in the circulation of stablecoins, particularly Tether (USDT), has seen its market cap grow from $10 billion to over $120 billion, reflecting an increasing…

Solana's Phantom Wallet Faces Major Downtime During GRASS Airdrop

thedefiant.io Phantom, a prominent Solana and multi-chain web3 wallet, is currently experiencing significant downtime due to a major backend incident. This outage has caused service…

Gelato Raises $11 Million, Total Funding Reaches $23 Million for Rollups as a Service with Kraken's Ink

thedefiant.io Gelato, a rollup development platform specializing in smart-contract automation, has successfully raised $11 million in its latest funding round. This funding was led by…

Ethena Labs Faces Allegations of Misusing 180M ENA Tokens, Holding 25% Staked ENA

thedefiant.io Ethena Labs is facing serious allegations of misusing 180 million ENA tokens in a crypto farming event. The accusations suggest that the Ethena team holds 25% of the total…

Emory University Discloses $15.1M and $15.8M in Bitcoin ETF Holdings

thedefiant.io Emory University has disclosed holding nearly 2.7 million shares of the Grayscale Bitcoin Mini Trust, valued at approximately $15.1 million as of September 30, 2023. This…

Bitcoin Hits $69,000; BlackRock's Holdings Grow to $27 Billion with Recent Purchases

thedefiant.io Bitcoin's price has surged to reach $69,000 towards the end of October, often referred to as 'Uptober' due to bullish trends, marking a significant ascent in the…

Bitcoin Market Dominance Nears 60% Amid $2T Haircut, $SOL Flipping PayPal, and Price Surge

thedefiant.io Bitcoin's market dominance is approaching 60%, with many speculating whether it will soon reach an all-time high. The cryptocurrency has seen a price jump ahead of key US…

Russia to Use Bitcoin for International Transactions, Legalizes Mining on November 1st

thedefiant.io Russia is set to begin using Bitcoin and cryptocurrency for international transactions starting November 1st. Additionally, Bitcoin mining will become legal in Russia on the…

VanEck's $108 Billion Matthew Sigel Predicts Bullish Bitcoin Setup, $3 Million by 2050

thedefiant.io Matthew Sigel, Head of Digital Assets Research at VanEck, has expressed a highly optimistic outlook for Bitcoin as the U.S. election approaches. Sigel noted that the current…

Retail Demand for Bitcoin ETFs Hits Six-Month High, 80% from Retail Investors, Amid Supply Shock Speculation

thedefiant.io Retail demand for Bitcoin has surged to levels not seen since early April 2024, with spot Bitcoin ETF demand reaching a six-month high. Analysts indicate that while large…

Trump's Polymarket Odds Reach 65.6% Despite $2M Bet Boosting Harris to 40%

thedefiant.io Donald Trump's election odds on Polymarket, a crypto betting platform, experienced fluctuations after a significant bet was placed on Vice President Kamala Harris. A user…

$BTC Drops on Reports of Israel Attack on Iran

thedefiant.io Bitcoin experienced a significant drop following reports of Israel launching an attack on Iran. The geopolitical tensions have caused widespread concern among investors,…

$GOAT, First Sentient AI Meme, Listed on Binance

thedefiant.io The cryptocurrency token $GOAT has become the first @pumpdotfun coin to be listed on Binance. This event is being hailed as historically significant within the…

REX Shares and Tuttle Capital Management Launch 2x Leveraged Long Ethereum ETF $ETU and Short ETF $ETQ on October 24, 2024

thedefiant.io REX Shares and Tuttle Capital Management have launched two new exchange-traded funds (ETFs) focused on Ethereum. The T-REX Daily Target ETFs, trading under the tickers $ETU…

Solana Blockchain Sees AI Revolution as $SOL Approaches All-Time Highs, Described as Financialized Cocaine

thedefiant.io The Solana blockchain is experiencing a notable surge in activity and interest, particularly in the context of artificial intelligence (AI) innovation. Observers are…

Crypto Community Divided Over Ethereum's Future Amid Kraken's Layer 2 Solution Launch

thedefiant.io The cryptocurrency community is currently divided over the impact of launching Layer 2 (L2) solutions on Ethereum. Some believe that the proliferation of L2s, including…

ApeCoin ($APE) Rebrands with New Gorilla Logo, Targets All Ape Community, Not Just BAYC

thedefiant.io ApeCoin ($APE) has undergone a rebranding, unveiling a new logo featuring a gorilla. The rebranding aims to emphasize that ApeCoin and the associated ApeChain are intended…

Ethereum Outperforms Bitcoin; ETH/BTC Drops 55% to New YTD Low, Lowest Since April 2021

thedefiant.io Ethereum has recently outperformed Bitcoin over the past two weeks, despite sluggish inflows into exchange-traded funds (ETFs). However, the ETH/BTC trading pair has reached…

Ripple CEO Brad Garlinghouse Declares XRP ETF 'Inevitable' After Years-Long SEC Dispute

thedefiant.io Ripple Labs CEO Brad Garlinghouse has stated that an ETF for the XRP cryptocurrency is 'inevitable.' This announcement comes after a years-long dispute with the SEC over the…

Bitcoin Price Surge Anticipated as Cryptocurrency Commentators Expect Breakout Above $72,000

thedefiant.io Recent tweets from various cryptocurrency commentators suggest a potential surge in Bitcoin's price, with expectations of a breakout that could push prices above $72,000.…

ApeCoin Surges to $1.50, PowerTrade Sees Record Trading Activity and $8.60M Short Liquidations

thedefiant.io has experienced a significant surge, doubling in value to $1.50 since the weekend. This price increase has led to a substantial rise in trading activity on PowerTrade, a…

Polymarket Enhances Compliance Checks on US Users Amid $18 Million Trump Bet Spike for Presidential Election

thedefiant.io Polymarket is enhancing its compliance measures to ensure that traders in the United States are not participating in betting on the upcoming presidential election. The…

Chainlink's Privacy Tech Debut Boosts LINK to Multi-Week High

thedefiant.io Chainlink has emerged as a leading project in the AI and cryptocurrency space. The debut of its new privacy technology has triggered a significant rise in the value of its…

Governor Newsom Vetoes SB 1047, AI Safety Bill, Supports Federal Preemption

thedefiant.io On October 20, California Governor Gavin Newsom vetoed a landmark AI safety bill, SB 1047, which would have required advanced AI models to undergo rigorous safety testing…

Singapore's Largest Bank DBS Launches Token Services for Blockchain-Based Banking

thedefiant.io DBS Bank, the largest bank in Singapore by assets under management (AUM), has introduced a new suite of services called 'Token Services'. This initiative aims to enable…

BlackRock in Talks with Binance to Use BUIDL Token as Futures Collateral

thedefiant.io BlackRock is in discussions with global cryptocurrency exchanges, including Binance, to use its BUIDL token as collateral for futures trading. This move aims to integrate…

AI Meme Coins Emerge as New Trend in Crypto Market

thedefiant.io AI meme coins are emerging as a new trend in the cryptocurrency market. Discussions are ongoing about whether institutions will invest in these AI-driven memecoins. The…

Bitcoin's Price Surge Continues, Approaches $70,000 US

thedefiant.io Bitcoin's price surge continues unabated, with the cryptocurrency approaching the $70,000 US mark. This marks the fourth time in five days that Bitcoin has climbed, fueled…

PayPal's PYUSD Stablecoin Market Cap Plummets 40% to $618 Million Amid Solana Decline

thedefiant.io PayPal's PYUSD stablecoin has experienced a significant decline in market capitalization, dropping 40% from its August high of over $1 billion to $618 million. This decline…

Swarm Markets Tokenizes 1 Ounce Gold Bars on Bitcoin Blockchain for First Time

thedefiant.io Swarm Markets has launched a groundbreaking initiative by tokenizing 1 ounce physical gold bars on the Bitcoin blockchain. Partnering with OrdinalsBot, they have utilized…

CME Bitcoin Futures Open Interest Hits All-Time High of 179,745 BTC, Totaling $20 Billion

thedefiant.io CME's open interest in Bitcoin futures has reached new notional all-time highs, closing at 179,745 BTC on October 17, 2024. This marks a significant increase of 32,440 BTC…

Memecoins Dominate 2024 Crypto Market Amid Financial Populism Trend, Led by 'Big Four'

thedefiant.io In 2024, financial populism has emerged as a dominant theme in the cryptocurrency market. The trend began in mid-2023 with the success of select meme coins such as PEPE,…

$BTC Reserves on Exchanges Hit All-Time Low Amid Potential Supply Squeeze

thedefiant.io Bitcoin ($BTC) reserves on centralized exchanges (CEXs) have reached an all-time low, signaling a potential supply squeeze. This development highlights the growing scarcity…

Ambient Finance Hacked, Users Warned of ETH Drain After Five Hours

thedefiant.io The website and dApp frontend of Ambient Finance have been hacked, compromising the user interface and phishing for malicious permits. Users are advised not to connect their…

Kraken Launches kBTC, a Fully Backed ERC-20 Wrapped Bitcoin with On-Chain Verification on Ethereum and Optimism

thedefiant.io Kraken, the cryptocurrency exchange serving over 10 million users worldwide, has launched its own wrapped Bitcoin token called kBTC. The ERC-20 token is fully backed 1:1 by…

JupiterExchange Launches ApeJupiter, Solana Memecoin Terminal with 0.5% Platform Fee

thedefiant.io JupiterExchange has officially launched ApeJupiter, a new memecoin trading terminal on the Solana blockchain. The platform, which is now out of beta, offers pro-performance…

JPMorgan Analysts Bullish on Crypto for 2025, Citing Trump Win and Digital Assets

thedefiant.io JPMorgan analysts have shifted to a bullish outlook on the crypto market for 2025, according to their Alternative Investments Outlook and Strategy report released Friday.…

Telegram Game Hamster Kombat Season 2 Introduces CEO Gameplay

thedefiant.io The popular Telegram game Hamster Kombat is set to launch its second season, introducing a new gameplay mode where players can step into the roles of CEOs running their own…

FBI Arrests Alabama's Eric Council for Hacking SEC's X Account with Fake Bitcoin ETF Approval

thedefiant.io An Alabama man, 25-year-old Eric Council Jr from Athens, was arrested by the FBI for allegedly hacking the Securities and Exchange Commission's (SEC) X account on January 9,…

Coinbase Rebounds to $204, Up 28% Amid Bitcoin Surge

thedefiant.io has experienced a significant rebound, with its stock price reaching $204, up from $140 in early August. The stock has gained 28% in the last week and is testing the 200-day…

Fuel Labs Launches Ignition Rollup Network, Mainnet Live with 21K TPS

thedefiant.io Fuel Labs has launched 'Ignition', a new rollup network with a focus on parallelization and a UTXO-based model. The mainnet for Fuel Ignition is now live, bringing…

Bitcoin Volatility Triggers $300 Million in Liquidations, $63 Million in Long Positions, as Price Rebounds to $68,000

thedefiant.io The cryptocurrency market experienced significant volatility, with Bitcoin at the center of the action. Over the past 24 hours, Bitcoin's price fluctuated dramatically,…

Binance Labs Invests in Lombard's LBTC, Capturing 40% of Bitcoin LST Market

thedefiant.io Binance Labs has announced an investment in Lombard, the developer of the Bitcoin DeFi project LBTC. LBTC is a security-first Bitcoin liquid staking token that allows…

Sei Network Launches FastUSD Stablecoin with Elixir and DragonSwap DEX Integration

thedefiant.io The Sei Network has officially launched fastUSD, a yield-bearing stablecoin integrated with Elixir and DragonSwap DEX. This new asset aims to enhance liquidity and provide a…

Solv Protocol Gains Backing from 4R Capital and OKX Ventures, Enhances Bitcoin Staking Liquidity with LSTs and 50XP Rewards

thedefiant.io Solv Protocol is gaining traction in the cryptocurrency space, with notable support from various entities. @4RCapital and @OKX_Ventures have publicly backed the platform,…

Standard Chartered Predicts Bitcoin Could Reach $73,800 Before U.S. Presidential Election, Valued at $800 Billion

thedefiant.io Standard Chartered has forecasted that Bitcoin could potentially reach a new all-time high of $73,800 before the upcoming U.S. presidential election. The bank attributes…

Paxos Partners with Stripe to Launch Stablecoin Payment Platform on October 15 Amid Cooling S&P 500 and Dow Trends

thedefiant.io Paxos has announced a partnership with Stripe to launch a stablecoin payment platform, marking a significant development in the cryptocurrency space. This collaboration aims…