In the aftermath of the recent US elections, Binance has experienced unprecedented inflows of capital, surpassing an astonishing $7 billion according to a Nov. 12 report shared with CryptoSlate. This remarkable achievement followed the Nov. 5 victory of former President Donald Trump, which has likely intensified investor interest in digital assets. The competitive landscape saw
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In a surprising move, US President-elect Donald Trump has unveiled an ambitious initiative aimed at reshaping the American government—introducing the Department of Government Efficiency, or DOGE. The appointment of tech luminary Elon Musk and former presidential candidate Vivek Ramaswamy as leaders of this new department signals a significant shift towards incorporating innovation and technology into
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The Shiba Inu ecosystem has recently gained considerable attention, particularly due to the advancements linked to Shibarium, its layer-2 scaling solution. This platform has seen an unprecedented increase in daily transactions, reaching a staggering 500 million by November 12, marking a significant milestone since its official launch in August 2023. Such a surge in activity
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The landscape of gaming is witnessing a remarkable metamorphosis as blockchain technology integrates itself into the mainstream. The year 2024 alone has illustrated this dramatic shift, particularly in the second quarter, where the blockchain gaming sector generated a staggering revenue of $1.1 billion. This figure reflects a jaw-dropping growth rate of 314% compared to the
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Bitcoin, the leading cryptocurrency, appears to be surging towards new heights, breaking through previous resistance levels with optimistic projections aiming for the impressive $320,000 mark. Analyst sentiments have shifted considerably, as evidenced by the crypto fear and greed index now reflecting a state of extreme greed. Such a sentiment often indicates a thriving market condition,
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On November 12th, the Ethereum Foundation embarked on a significant financial transaction, selling 100 ETH for 334,315.7 DAI. This sale marked the foundation’s first ETH-related deal since the release of its financial report for 2024. Such actions raise questions among community members regarding the rationale behind selling rather than staking these assets. The Ethereum Foundation,
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Recent discussions surrounding the potential introduction of a Central Bank Digital Currency (CBDC) in the United States have been met with critical scrutiny, particularly from Federal Reserve Governor Christopher Waller. Speaking at The Clearing House Annual Conference on November 12, 2024, Waller articulated a pointed skepticism regarding the necessity of a CBDC within the current
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