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bitcoinmagazine.com Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs

Bitcoin Magazine Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs Bitcoin price is settling near $113,000 today, as the market stabilizes from one of its most violent corrections in years.  This post Bitcoin Price Settles at $113,000 a Week After Hitting All-Time Highs first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Circle and Safe Partner to Cement USDC as DeFi’s Institutional Backbone

TLDR: Safe secures $60B in assets and will integrate USDC as its primary stablecoin for onchain institutions. The partnership positions Safe as the top institutional custody provider for USDC in self-custody and DeFi. Over $2.5B in USDC is already held in Safe smart accounts across Ethereum and other chains. Safe processed $1T in volume this [...] The post Circle and Safe Partner to Cement USDC as DeFi’s Institutional Backbone appeared first on Blockonomi.

blockonomi.com Binance Rolls Out $400M Recovery Plan Following $19B Crypto Crash

TLDR Binance has launched a $400 million recovery initiative to support users impacted by the recent crypto crash. The compensation will be distributed to users who experienced forced liquidations between October 10 and 11. Binance plans to offer amounts ranging from $4,000 to $6,000 based on the user’s liquidation loss. The company will also provide [...] The post Binance Rolls Out $400M Recovery Plan Following $19B Crypto Crash appeared first on Blockonomi.

bitcoinmagazine.com New GOP Bill Wants to Solidify Trump’s Bitcoin-Friendly 401(k) Order

Bitcoin Magazine New GOP Bill Wants to Solidify Trump’s Bitcoin-Friendly 401(k) Order A bill wants to lock in President Donald Trump’s August executive order directing the Labor Department to open retirement plans to bitcoin. This post New GOP Bill Wants to Solidify Trump’s Bitcoin-Friendly 401(k) Order first appeared on Bitcoin Magazine and is written by Micah Zimmerman.