press release

Celebrating Crypto’s Early Icons: BTCC OG Week Honors Bitcoin and Meme Coin Pioneers

BTCC Exchange invites the crypto community to celebrate the rich history of digital assets with the launch of BTCC OG Week. This unique campaign series highlights Bitcoin and the original meme coins that have shaped today’s crypto market. As Bitcoin soars to new all-time highs, BTCC OG Week is designed to honor these timeless classics, […]

press release

Soul Quantum Void’s (SQV) Groundbreaking, Capitalization Rejecting Crypto Is Coming Soon

Soul Quantum Void (SQV), a brand-new and authentic cryptocurrency project, is coming in December 2024.  The SQV project embraces the core appeal of MEME culture in its mission to redefine the broader crypto market through its meticulous tokenomics model, fun participation mechanisms, and decapitalization concept.  SQV is built on a fully decentralized multi-layer design that […]

News

Perpetual swap funding fees have increased to well than 10%, and on big exchanges, they have even reached 20%

In this post: Funding fees for perpetual swaps have increased dramatically on exchanges, rising above 10%, with large exchanges reporting increases of up to 20%, according to IntoTheBlock. However, compared to the peak rates of over 60% in the first quarter of this year, the current funding rate is significantly lower. The recent rise in […]

News

Up to 85% of the liquidity on decentralized exchanges is controlled by institutional investors

In this post: Proponents of decentralized finance (DeFi) see the industry as a symbol of financial freedom that allows anybody to access the global financial system without being constrained by centralization. However, a recent study has brought that idea into stark relief. The majority of funds on decentralized exchanges (DEXs) are controlled by institutional investors, […]

News

Since the dot-com boom, Microstrategy has outperformed Berkshire Hathaway, owned by Warren Buffet, by the greatest amount

In this post: Berkshire Hathaway, owned by Warren Buffet, is losing ground to Michael Saylor’s Microstrategy by the greatest amount. Since purchasing its Bitcoin assets in August, the software firm has increased by 2,295.74%, while Berkshire Hathaway has increased by 36.02% within the same time period. Microstrategy, a software business and Bitcoin corporate holder, is surpassing the Berkshire Hathaway class of renowned investor Warren Buffet. The biggest margin since the dot-com bubble for a stock. A financial markets charting company called Barchart provided a chart that indicates Microstrategy vs. BRK class B stock is at 0.72 and is quickly getting close to the highs seen during the dot-com boom. Berkshire Hathaway, owned by renowned investor Warren Buffet, is surpassed by Microstrategy Since implementing Bitcoin as a strategic reserve asset in August 2020, MSTR has experienced a 2,295.74% increase. In the same duration, Berkshire Hathaway has averaged 36.02%. Microstrategy has also outpaced Bitcoin’s performance since August 2020. The crypto asset has surged by 673.83% compared to MSTR’s 2,295.74%. Berkshire Hathaway has refrained from investing in the cryptocurrency sector due to Warren Buffet’s pessimistic views on Bitcoin. Buffet has repeatedly denounced cryptocurrencies, as has his late business colleague Charlie Munger. Buffet called Bitcoin a “rat poison squared” in 2018, while Charlie Munger said the cryptocurrency will plummet to zero in 2021. In Berkshire Hathaway’s portfolio, Bitcoin and Microstrategy have also done better than Warren Buffet’s top equities. During the same period, these equities include Apple, American Express, and Bank of America. Bitcoin might reach $13 million, according to Michael Saylor Currently, Microstrategy owns more than 1% of all Bitcoin in use. The average cost to the corporation of one bitcoin is $42,692. On November 11th, it made its most recent acquisition, acquiring an additional 27,200 bitcoins valued at $2.03 billion. Regarding the asset, Michael Saylor has been rather outspoken. The CEO predicted that during the next 21 years, the price of Bitcoin may soar to $13 million. In order to increase shareholder value and protect against inflation, Microstrategy has paved the way for other businesses to embrace Bitcoin as a strategic reserve asset. On November 14th, Solidion Technology, a US-based supplier of battery materials, declared that Bitcoin has become its reserve asset. Additionally, the business declared that it had bought its first Bitcoin. Solidon said that it intends to buy more Bitcoin and expand its total Bitcoin holdings by using 60% of its spare cash reserves. The interest profits from other assets, such money market accounts, would be converted to Bitcoin, they noted. In a similar vein, Bitcoin was accepted as a strategic reserve asset by Tokyo-listed investment firm Metaplanet in May.

press release

ADEX Launches to Bridge Traditional and Decentralized Finance, Redefining the User Experience in DeFi

Apex Digital Exchange (ADEX), a pioneering new decentralized exchange (DEX), aims to close the gap between traditional finance (TradFi) and decentralized finance (DeFi) by delivering a comprehensive ecosystem that extends beyond simple crypto trading and asset purchasing. Positioned as an accessible, secure, and user-centric platform, ADEX aspires to make DeFi mainstream and accessible for all […]

News

The Fed doesn’t have to lower interest rates “hurriedly,” according to Federal Reserve Chair Jerome Powell

In this post: On November 14, Jerome Powell, the chairman of the Federal Reserve, stated that policymakers will be able to determine how quickly to cut interest rates if the U.S. economy continues to develop well. Powell contends that there are no indications from the economy that the Fed should be rushing to cut interest rates. The Fed chair claims that the current state of the economy enables the Fed to make cautious interest rate choices. Additionally, Powell stated that he is optimistic since the current economic growth was rated as the greatest of any major economy worldwide. Powell acknowledges that a strong economy allows the central bank to lower interest rates BREAKING: Fed Chair Powell says the Fed does not need to be "in a hurry" to reduce interest rates. He said, "the economy is not sending any signals that we need to be in a hurry to lower rates." Why did the Fed cut by 50 basis […]

News

Following the raid, the CEO of Polymarket claims that it was a “Last-Ditch” attack against startups

In this post: The Polymarket CEO’s home in New York City was raided on suspicion of operating an illegal commodities exchange. Polymarket gained popularity with high-stakes bets on Trump’s victory in the 2024 election. “Théo” was a trader who bet $85 million on Trump winning. CEO of Polymarket criticizes FBI raid Shayne Coplan implied that he was writing from a new device after his previous one was confiscated when he said, “New phone, who dis?” in his first post following the raid. He even voiced his displeasure with the activities of the government. The Biden administration, according to Coplan, was making a “last-ditch effort” to target businesses they believed were connected to political rivals. He said Polymarket has a strong commitment to nonpartisanship. He suggested that the incumbents take stock of their actions and acknowledge that adopting a more pro-business, pro-startup stance might have been the difference that made the difference in this election. The CEO of Polymarket emphasized that millions of people had benefited from the platform throughout this election cycle and millions of people in this election cycle and caused no harm to anyone. Ultimately, he appears to be pleased to state that there has never been a more promising future for America, and American entrepreneurship in particular. The volatility of Polymarket’s trading The 2024 elections caused Polymarket’s rise to abruptly end, as its trade volume fell by 84%. Since the confirmation of Trump’s presidential victory, its daily active users have decreased by 53 percent. Massive activity occurred in the prediction market, which generated a total of $3.7 billion in election-related wagers. However, the platform’s activity is currently drastically declining as jackpot payouts are finished. […]