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Showing posts with the label defi ecosystem

2 cryptocurrencies to reach a $100 billion market cap in March

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The cryptocurrency market took a hit as hotter-than-expected economic data reignited inflation fears, triggering broader concerns. Over the past 24 hours, the global crypto market cap declined by 2.9% to $3.28 trillion, with Bitcoin (BTC) struggling to hold above $97,000. Despite the downturn, some altcoins are gaining traction, edging closer to key valuation milestones. In particular, Finbold has identified two cryptocurrencies, Binance Coin (BNB) and Solana (SOL), on track to reach a $100 billion market cap by March, fueled by growing institutional interest and an expanding DeFi ecosystem. Binance Coin (BNB) BNB is approaching a significant milestone, currently trading at $669 with a market cap of $95.32 billion. A 4.91% increase would push its market cap past $100 billion, translating to a price of $701.  Picks for you AI predicts X...

Vitalik to Ethereum Foundation critics: 'This is not how this game works'

Ethereum co-founder Vitalik Buterin has lost patience with those pushing for a change of leadership at the Ethereum Foundation. Responding to calls to “keep up the pressure,” Buterin reminded critics that he is the one deciding how any new leadership structure will look, and warned that further pressure is likely to prove counterproductive. No. This is not how this game works. The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a "proper board", but until that happens it's me. If you "keep the pressure on", then you are creating an environment that is… — vitalik.eth (@VitalikButerin) January 21, 2025 Read more: Ethereum Foundation’s response to community backlash — dump more ETH The thread goes on to give examples of “evil” posts calling for violence and bullying against Aya Miyagutchi, who leads the foundation, as well as claiming that a widely-shared excerpt from an interview wi...

2024 saw crypto markets dramatically mature

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2024 was a landmark year for the cryptocurrency market. It was a year when the market matured, barriers to the institutional investing world came down, and international regulations started to pave the way for digital currencies to enter the mainstream global financial system.  With a President-elect keen on making the US a global crypto hub, the market experienced significant growth. As crypto adoption rose, more users turned to crypto platforms and ETFs to invest. 2024 was a transformative experience for the crypto market and the blockchain technology that powers it.  The general public, buoyed by positive sentiment and rising crypto prices, has flocked to DeFi platforms to download their first wallet. Many of those new users have found their way to the highly trusted crypto brand Binance. It takes a leader to help an industry continue to mature and Binance CEO Richard Teng has taken on that role throughout 2024’s massive growth. Teng comment...