Cardano Plomin Hard Fork to Bring Decentralized Governance, ADA Price Rally Ahead?

Cardano’s Stake Pool Operators must update their nodes, with nearly 80% already upgraded, to approve the hard fork upgrade. Cardano’s new governance framework, part of the Voltaire era, distributes power and decision-making among community leaders. Cardano’s ADA token is witnessing unprecedented futures open interest and investor activity, signaling optimism for a price recovery. On Wednesday,…

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Grayscale Unveils New Investment Vehicle ‘Grayscale Bitcoin Miners ETF’ to Support BTC Mining Industry

The Grayscale Bitcoin Miners ETF will list global BTC mining companies with a semi-annual distribution frequency. The Bitcoin mining industry is contesting for the remaining around 1 million BTCs thus attracting more institutional investors. , a leading digital asset management company backed by Digital Currency Group, has announced the launch of a new investment vehicle…

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Deribit’s Trading Volume Soars to Over $1T in 2024

Deribit’s trading volume skyrocketed to $1.185 trillion in 2024, nearly doubling 2023’s $608 billion, showing strong institutional interest. Options trading hit $743 billion with 99% growth, solidifying Deribit’s dominance since launching Bitcoin options in 2016. Spot trading surged 810% to $7.6 billion, driven by rising Bitcoin prices, ETF launches, and regulatory advancements. Deribit, a crypto…

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Binance Users Saved $1.75 Billion in Remittance Costs Since 2022

Crypto exchange Binance demonstrates the cost-saving benefits of crypto remittances compared to traditional financial systems. With users sending an average of $470 in international remittances in 2024, Binance offers a cost-effective and faster alternative to traditional fiat remittances. In 2024, over half a million female Binance users contributed to more than $4 billion in domestic…

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