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Dogecoin Foundation Unveils Ambitious Dogebox Payment Platform for Mass Merchant Adoption
The Dogecoin Foundation announces plans to launch Dogebox, a decentralized payment system targeting one million local retailers. The initiative, backed by notable crypto figures including Vitalik Buterin, aims to streamline merchant adoption while rewarding node operators.
Wall Street Giant Cantor Fitzgerald Takes $600M Stake in Tether, Plans Bitcoin Lending Program
Cantor Fitzgerald acquires 5% stake in stablecoin issuer Tether for up to $600 million and announces $2 billion Bitcoin-backed lending initiative. The strategic partnership marks one of the largest investments by a traditional financial institution in the crypto sector.
Ethereum Hits $3,500 Milestone as Trump Victory Fuels Crypto Market Surge
Ethereum reaches a four-month high of $3,500 amid growing institutional interest and positive market sentiment following recent election results. Trading data reveals unprecedented futures open interest and significant net inflows, with analysts projecting ambitious price targets up to $10,000.
Bitcoin Tumbles Below $93K, Erasing Half of Recent Rally Gains
Bitcoin experienced a sharp 4.8% decline to $93,000, triggering $550 million in liquidations and erasing half of last week's $8,100 rally. Despite the correction, analysts remain optimistic about retesting the $100,000 threshold, citing supportive fundamentals and seasonal patterns.
Dogecoin Options Trading Hits $4B All-Time High Amid Bearish Sentiment
Trading activity in Dogecoin options reached a record $4.06 billion, with bearish positions dominating the market following Elon Musk's X payment integration plans. The surge coincides with Musk's potential role in Trump's administration, while DOGE maintains its position as the seventh-largest cryptocurrency despite recent price decline.
Former Chinese CBDC Chief Ousted from Communist Party Amid Massive Corruption Scandal
Yao Qian, who pioneered China's digital yuan research, has been expelled from the Communist Party following allegations of extensive bribery involving cryptocurrency and other assets. Despite the scandal, China's CBDC program continues to thrive, processing nearly $1 trillion in transactions through June 2024.
Sui Network's First Major Outage Triggers 5% Token Price Drop
Sui blockchain experienced a two-hour network shutdown due to a validator node crash, marking its first major disruption since launch. Despite the swift resolution and temporary price dip, the network maintains strong ecosystem metrics with $1.6B in Total Value Locked.
Bitcoin Price Nears $100K: McCormack Poised to Win $20K Wager Against Green
Podcast host Peter McCormack is on track to win a $20,000 bet against investment strategist Michael Green as Bitcoin approaches $100,000. While McCormack appears headed for victory, Green's clever hedging strategy could result in both parties profiting from the high-stakes wager.
Bitcoin's Journey: From $15 Skepticism to Six-Figure Milestone
Follow Bitcoin's remarkable 13-year transformation from a fringe experiment to a mainstream financial asset, defying critics and reaching unprecedented heights in 2024. The cryptocurrency's evolution showcases growing institutional acceptance, sophisticated infrastructure development, and corporate adoption that validates early believers' conviction.