Crypto News
BitMEX to Launch USUALUSDT Perpetual Swap with 50x Leverage
BitMEX announces the upcoming listing of USUALUSDT perpetual swaps, offering traders up to 50x leverage. The new trading pair will be available on December 19, 2024. (Read More)Source link
Russian Official Declares BRICS Payment System a Real Alternative to US Dollar
A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era? Russia Claims Feasibility of BRICS Payment Network Russian Deputy Foreign Minister Sergey Ryabkov has affirmed that plans to establish a BRICS payment system are tangibleSource link
US Senator Declares 2025 the Year for Bitcoin and Digital Assets, Pledges Sweeping Crypto Laws
U.S. Senator foresees 2025 as a pivotal year for cryptocurrency, highlighting plans for a strategic bitcoin reserve and sweeping pro-crypto legislation under new leadership. Strategic Bitcoin Reserve and Digital Asset Laws Set to Redefine 2025 U.S. Senator Cynthia Lummis (R-WY) reiterated her strong support for cryptocurrency in a post on social media platform X Tuesday,Source link
El Salvador to Scale Back Bitcoin Efforts Under $1.4 Billion IMF Deal
Under the agreement, El Salvador will make Bitcoin acceptance voluntary for the private sector while restricting public sector involvement.Source link
Bitcoin Hits $99,997 Low as Crypto Market Faces Sharp Declines
On Wednesday, the price of bitcoin plummeted below the $100,000 mark, hitting an intraday low of $99,997 per coin. The whole crypto market has taken a hit, dropping 5.74% in the past 24 hours, with numerous coins feeling the sting of heavy losses. Bitcoin’s Rollercoaster Week: From Record High to Sub-$100K Slide It feels likeSource link