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news-imageNovember 13, 2024

Coinbase's cbBTC Launches on Solana DeFi, Targeting Bitcoin Gap Left by FTX

$10 million in cbBTC is allocated for Solana, with early use on platforms like Meteora, Orca, and Kamino. cbBTC may position Solana as a DeFi alternative to Ethereum for BTC transactions.
Publisher: FinanceMagnates
Sentiment: Positive
BTC
SOL

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Positive
cover-imageCryptoSlate
November 14, 2024

ICP identity protocol DecideID launches on Solana to eliminate any KYC need for DeFi

DecideAI has announced the integration of its biometric identity verification solution, DecideID, into the Solana blockchain, aiming to enhance security and trust within the ecosystem. This move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures.

Positive
cover-imageCryptoGlobe
November 14, 2024

Trump Nominates a Bitcoin Advocate and Military Veteran as U.S. Defense Secretary

President-elect Donald Trump has nominated Pete Hegseth, a seasoned military officer, Harvard-educated policy expert, and cryptocurrency enthusiast, as his Secretary of Defense. The announcement came via a Trump-Vance transition statement on Tuesday, marking a significant shift in potential defense leadership. Hegseth, 44, brings a diverse background spanning military service, veterans' advocacy, and media influence.

Negative
cover-imageBenzinga
November 14, 2024

Bitcoin Stays Above $91,000—But One Technical Indicator Spells Trouble

Bitcoin's (CRYPTO: BTC) relentless climb over the $90,000 level has investors cheering, yet a specific technical indicator is sparking caution among experts, suggesting potential vulnerability in the current rally. What Happened: The stochastics indicator, which has reached 90%—a level typically associated with overbought conditions—is prompting market watchers to advise caution, even as the bull market remains intact.

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