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El Salvador has initiated its third dollar bond buyback this year, bolstered by Bitcoin’s all-time high after the US election results.
The government has announced plans to repurchase bonds maturing between 2027 and 2034, with over $2.5 billion in outstanding principal.
El Salvador’s Bitcoin Bet Continues to Fuel its Economy
According to Bloomberg reports, the buyback depends on...
Leading cryptocurrency Bitcoin (BTC) has been on a relentless bull run, consistently breaking new all-time highs over the past week. As of this writing, the king coin exchanges hands at $85,662, recording a 5% increase in the last 24 hours.
As the market anticipates Bitcoin’s price rally toward the $90,000 mark, signs suggest this milestone might remain out of reach. This analysis delves into...
Ethereum (ETH) funding rate has hit the highest level since March following a price increase above $3,400 earlier today. However, while ETH’s price has since dropped, the bullish sentiment around the altcoins has remained elevated.
This renewed optimism also indicates that traders believed that a new all-time high could be underway. But historically, this kind of hike in the funding rate...
Scott Bessent has emerged as a top candidate for US Treasury Secretary in President-elect Donald Trump’s administration. Bessent is the founder of the renowned global macro investment firm Key Square Group.
His recent comments supporting Bitcoin and other digital assets align with Trump’s ambition to make the United States the “crypto capital of the planet.”
Trump’s Potential Treasury...
Toncoin (TON) has recently seen a resurgence in its price, reaching a monthly high with a 20% surge this week. While this rise has sparked optimism, it has yet to solidify as Toncoin faces ongoing pressure from holders looking to secure profits.
Whether TON can maintain its momentum remains uncertain as signs of potential pullbacks emerge.
Toncoin STHs Are Gaining Profits
Currently, the...
Crypto investment firm Canary Capital has submitted a proposal to the SEC for a Hedera HBAR spot exchange-traded fund (ETF), the first of its kind.
If approved, the fund will offer institutional investors direct exposure to the HBAR token. Following the announcement, HBAR’s value surged over 24% within an hour, marking a four-month high.
Canary Capital Outlines Comprehensive Conditions...
Cronos (CRO) has been on a tear recently, skyrocketing by 148% over the past week. Currently, the altcoin trades at $0.17, a level last seen in May 2022.
With demand for Cronos rising, its rally appears positioned to break above the $0.20 mark for the first time in two years. This analysis examines the factors that could drive the price higher in the near term.
Cronos Sees Spike in Trading...
Blockchain researcher Justin Drake unveiled the Ethereum Beam Chain concept during Devcon in Bangkok. This proposed overhaul aims to consolidate several key advancements in the network.
The proposed Beam Chain will consolidate native support for zero-knowledge proofs and rapid finality into a single upgrade for the Ethereum network.
Ethereum Beam Chain to Address Legacy Issues of the...
Rachel Conlan’s career journey has been anything but conventional. With over two decades of experience spanning marketing, media, and entertainment, Conlan now serves as the Chief Marketing Officer of Binance, one of the world’s leading cryptocurrency exchanges. Starting her career in the world of advertising, she honed her skills working with global Fortune 500 brands and guiding legacy...
BeInCrypto sat down with Dominic Schwenter, COO of Lisk, to delve into the latest developments surrounding Lisk’s mainnet launch and the project’s changing role in the blockchain ecosystem.
With a rare legacy in Web3 that spans over 8 years, Lisk has strategically shifted from a Layer-1 (L1) to a Layer-2 (L2) approach, aiming to take the lead in tackling scalability challenges and...