USDh Launches as First Bitcoin-Backed Dollar Offering 25% Yield
May 07, 2024 04:26 am UTC| Digital Currency Technology
In a groundbreaking development in Bitcoin-native decentralized finance (DeFi), Hermetica has announced the launch of USDh, the first synthetic dollar backed by Bitcoin with a promising yield of up to 25%. Set to debut in...
Kraken's Bold Move: Expanding into Germany with DLT Finance Partnership
May 06, 2024 16:47 pm UTC| Technology Digital Currency
Cryptocurrency giant Kraken makes waves with its strategic decision to launch operations in Germany, a pivotal move in its broader European expansion plan. Teaming up with DLT Finance, a regulated financial institution,...
Shiba Inu Insider Urges Focus on SHIB and BTC Amid Market Rally
May 06, 2024 13:26 pm UTC| Technology Digital Currency
In a recent wake-up call, Lucie of the Shiba Inu team urged the cryptocurrency community to closely monitor Shiba Inu (SHIB) and Bitcoin (BTC) as both tokens exhibit strong price recoveries. This comes amid growing...
Is China Opening Doors to Bitcoin ETFs? Investor's Comment Sparks Debate
May 06, 2024 13:09 pm UTC| Technology Digital Currency
Following the recent launch of Bitcoin ETFs in Hong Kong, speculation is mounting over potential access for mainland Chinese investors. Richard Byworth, a prominent Bitcoin investor, suggested that these ETFs could soon be...
FxWirePro- Ethereum Daily Outlook
May 06, 2024 12:48 pm UTC| Technicals Digital Currency
ETHUSD formed a triple bottom around $2800 and showed a minor pullback.It hit a high of $3221yesterdayand is currently trading around $3121. MicroStrategy Chairman Micheal Saylor said that Ethereum is a crypto asset...
FxWirePro- BTCUSD Daily Outlook
May 06, 2024 12:28 pm UTC| Technicals Digital Currency
BTCUSDrecovered sharply after a US jobs data. It hita high of $65500at the time of writing andis currently trading around $64126. The dismal US jobs data has increased the hopes of rate cuts by the Fed. US...
FxWirePro- AIOZUSD Daily Outlook
May 06, 2024 11:49 am UTC| Technicals Digital Currency
AIOZ Network is a comprehensive infrastructure solution for web3 storage, decentralized AI computation, live streaming, and video on demand (VOD). It is a combination of cosmos and compatibility of Ethereum Virtual Machine...
FxWirPro- Major Economic Events this Week