DeFI News by Thebittimes.Com

Bitcoin (BTC) made its debut back in 2009. Today, the asset stands tall with enormous support from across the globe. But the path to this level wasn’t as easy. The king coin faced several hurdles along the way. From being linked to the dark web to being widely criticized by global leaders, BTC has endured it all. Things took a major turn for the asset towards the end of 2024. The impact of the halving event and Donald Trump’s endorsement pushed BTC beyond $100,000. This article dives into the growth of the world’s largest cryptocurrency over the span of two years. Also Read: Cardano Founder Predicts Ethereum’s Demise Within 15 Years Bitcoin’s Rise To Its All-Time High Source: Watcher Guru Bitcoin witnessed one of its best years yet in 2024. The asset jumped from a low of $49,121.24 to its all-time high of $109,114.88 within a span of 12 months. Sadly, the past two months have been challenging for the cryptocurrency. BTC dipped below the $70,000 mark, causing pani...

Wylie Aronow, the co-founder of the Bored Ape Yacht Club, addressed rumors about his potential return to a leadership role in Yuga Labs and shared his confidence in the current leadership team.  Aronow acknowledged the public’s interest in his comeback but emphasized his ongoing health challenges, which have led to fluctuating levels of involvement in the company’s operations. Aronow detailed his health journey, highlighting the severity of his condition, which included emergency medical situations. Despite steady progress, the Bored Ape Yacht Club co-founder expressed that his health remains a priority, precluding him from resuming even part-time work responsibilities. Hey so I’ve seen a bunch of tweets this week asking / hoping I’ll come back to a leadership role at Yuga. I get where that sentiment is coming from. Couple of things on that: There’s days where I want to throw myself into the deep end, and there’s days, like yesterday, where I… — GordonGoner...

Bitcoin ETF talk is accompanied by a snap return to the top of the recent BTC price trading range. Bitcoin (BTC) took fresh aim at $38,000 into Nov. 23 as an “ aggressive bid” dispelled cold feet over Binance’s $4.3 billion fine. BTC/USD 1-hour chart. Source: TradingView Bitcoin analysis: "Something is cooking" Data from Cointelegraph Markets Pro and TradingView showed BTC price strength making a striking comeback to top out at $37,870. A subsequent cooling off kept the market near $37,500, with the mood markedly different to just 24 hours prior. Then, concerns over United States legal action against largest exchange Binance had sparked a cascade of long liquidations, which only ended at one-week lows. #Bitcoin Almost back to the top of the range. The $38K level remains my main level of interest. https://t.co/N0K3DHIV4w pic.twitter.com/J9ZTWbusu3 — Daan Crypto Trades (@DaanCrypto) November 23, 2023 The bounce ended up equally impressive, however, and appeared to catch so...