Tag: stablecoin

Ethena’s USDe stablecoin has experienced remarkable growth, with its market cap surging by 73% over the past month to reach a new high of $4.82 billion.

The CEO of CryptoQuant, a blockchain analytics firm, has shared insights into why the anticipated altseason has been delayed, attributing it to a change in Bitcoin (BTC) accumulation patterns.

Shiba Inu surpasses $0.00003, Ripple hits $2, and now the question is—which new coin will be the next to reach $1? 

DTX Exchange (DTX) goes viral after its CoinMarketCap listing draws millions from Solana whales. Analysts think it might breakout like Ripple’s XRP in 2025.

Coinbase’s CEO, Brian Armstrong, has issued a strong message to law firms hiring former U.S. SEC officials involved in anti-crypto actions.

As the crypto landscape becomes increasingly complex, many investors are turning to AI-powered trading bots to help simplify decision-making and optimize their strategies.

XRP has captured significant attention in the crypto market, climbing past Tether (USDT) to secure its position as the third-largest cryptocurrency by market capitalization, now valued at $137.65 billion.

Coinbase has notified its European customers about upcoming restrictions on certain stablecoins, which will be enforced due to the upcoming Markets in Cryptoassets (MiCA) regulatory framework.

Brazil’s Central Bank (BCB) has unveiled a draft proposal aiming to restrict the withdrawal of foreign currency-backed stablecoins to self-custody wallets.

Ripple Labs is preparing to launch its RLUSD stablecoin, which is pegged to the US dollar and backed by overcollateralized reserves.

Tether has recently bolstered its reserves with an additional 1 billion USDT, following a 3 billion USDT mint just days earlier.

Cryptocurrency platform OKX has unveiled its latest proof of reserve, marking its 25th report, which highlights notable growth in both user and platform assets.

The stablecoin market is rapidly growing, reaching a record $190 billion in market capitalization.

Coinbase is set to end its USDC rewards program for users in the European Economic Area (EEA) starting December 1, a move driven by compliance with the upcoming Markets in Crypto-Assets (MiCA) regulation.

Recent analysis from market insights provider IntoTheBlock shows that the vast majority of Ethereum (ETH) holders are currently in profit.

In the fast-paced world of cryptocurrencies, a select few altcoins are emerging as potential catalysts for significant portfolio growth this year.

Uniswap has just set a new record, reaching an unprecedented level in monthly trading volume across Ethereum’s layer-2 networks.

The increasing popularity of cryptocurrency continues to present attractive investment opportunities, but it has also opened doors for fraudsters targeting inexperienced investors.

Jan van Eck, CEO of global investment firm VanEck, has forecasted that Bitcoin could reach a price between $150,000 and $180,000 during the current market cycle.

USDT issuer Tether has announced that it will discontinue its euro-pegged stablecoin, EURT.

Schuman Financial, a cryptocurrency startup founded by former Binance executives Martin Bruncko and Eduardo Morrison, has officially unveiled a new euro-backed stablecoin, EURØP, as it emerges from stealth mode.

The U.K. is setting its sights on a robust cryptocurrency regulatory framework, with plans to introduce comprehensive rules by 2026.

Binance has unveiled BFUSD, a new reward-bearing asset designed to provide returns on qualifying futures account balances.

Singapore Gulf Bank, a digital-forward financial institution backed by the Singapore-based Whampoa Group and Bahrain Mumtalakat Holding Co., is preparing to raise $50 million in early 2025.

Are you ready to capture top cryptocurrency opportunities? Bitcoin’s recent spike paves the way for significant market growth.

Ripple’s co-founder and the architect behind Stellar, Jed McCaleb, recently shared his thoughts on why he considers Stellar (XLM) to be one of the most underappreciated cryptocurrencies in the market.

Cantor Fitzgerald is reportedly working on a new initiative to offer dollar loans backed by Bitcoin as collateral, starting with $2 billion and potentially expanding to tens of billions, Bloomberg reported.

Cantor Fitzgerald, a prominent Wall Street firm, is reportedly set to acquire a 5% stake in Tether, the largest issuer of stablecoins globally.

DTX Exchange (DTX), Sui (SUI), Ripple (XRP), and Cardano (ADA) are set for massive gains in the current bull run.

Deribit, the top global exchange for crypto options and futures, is preparing to introduce Ethena’s synthetic dollar, USDe, as a margin collateral option.

Sui has forged a significant partnership with Franklin Templeton Digital Assets, aimed at accelerating innovation within its blockchain ecosystem.

Seven years ago, a $750 investment in Cardano (ADA) would now be worth a staggering $20,804—proof of the explosive potential in the crypto market.

The UK is set to unveil a new regulatory framework for cryptocurrency assets early next year, according to a Treasury official.

Switzerland’s Financial Market Supervisory Authority (FINMA) has issued a stern warning about the growing threat of money laundering in the cryptocurrency industry.

Ethereum (ETH) has struggled to keep up with Bitcoin’s impressive rally in this cycle, failing to reach its yearly highs while Bitcoin continues to set new records.

Ripple Labs is intensifying its efforts to support entrepreneurs and small businesses in emerging markets through its expanded partnership with Mercy Corps and the launch of the “Unlocking Opportunity” program.

Dutch fintech company Quantoz Payments has launched two Ethereum-based stablecoins, EURQ and USDQ, aiming to stand out in the competitive market by adhering to evolving European regulations.

Binance has addressed concerns regarding its upcoming “BFUSD” token, clarifying that it is neither a stablecoin nor a product that has been launched yet.

Wintermute has gained approval from the Ethena Foundation to implement a plan that allocates a portion of Ethena’s revenue to stakers of its native token, ENA.

Tether recently issued a massive $1 billion worth of USDT stablecoins on the Tron blockchain, a move that attracted attention due to the absence of transaction fees, as revealed by blockchain analytics firm Arkham Intelligence.

Societe Generale’s crypto-focused subsidiary, SG-FORGE, has revealed plans to integrate its EUR CoinVertible (EURCV) stablecoin with the XRP Ledger (XRPL).

Crypto analyst Benjamin Cowen predicts that Bitcoin (BTC) is poised to outperform altcoins for the remainder of 2024.

CYBRO, a little-known digital coin, is stirring excitement with whispers of skyrocketing from mere cents to $100.

An incredible chance is emerging in the crypto world. With a small sum invested today, there’s potential to reap massive rewards by 2025.

Tether, the leading issuer of stablecoins, has unveiled a new open-source wallet development kit (WDK), aimed at helping businesses and developers integrate non-custodial wallets into their platforms.

Coinbase shares soared over 20% on November 11, breaking the $300 mark for the first time since 2021.

Bitcoin’s political importance is expected to grow significantly after Donald Trump and the Republican Party secured key election victories, according to the New York Digital Investment Group (NYDIG).

In October, the 20 largest crypto exchanges saw an 8% rise in traffic, signaling increased investor engagement as the 2024 U.S. elections drew nearer and retail trader participation grew.

Norway’s central bank, Norges Bank, has backed the EU’s Markets in Crypto-Assets Regulation (MiCA) as it considers a central bank digital currency (CBDC).

Coinbase analysts maintain a positive outlook for the cryptocurrency market as 2024 nears its end, underscoring how economic and political shifts may drive growth in the coming months.

Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, predicts that the global cryptocurrency market could soar to $10 trillion by 2026 if the Republican Party secures control of both chambers of the US Congress.

Despite the ongoing cryptocurrency ban in China, the digital asset landscape in both the most populated country in the world and Hong Kong is expanding, with innovative solutions opening new avenues for crypto adoption in the region.

In the third quarter of 2024, NFT trading volumes on the BNB Chain surged, seeing a 283% increase to an average of $600,400 per day, according to Messari’s analysis.

With Donald Trump’s latest election victory, the US and the crypto world are once again turning their attention to new opportunities and possible changes in cryptocurrency regulation.

Ethereum (ETH) experienced a significant price surge on Thursday, following Bitcoin’s new all-time high after Donald Trump’s major win.

The Avalanche Foundation has reportedly reclaimed $52 million in AVAX tokens from the now-bankrupt Luna Foundation Guard (LFG), effectively ending its ties with Terra’s failed blockchain network.

Crypto.com has outlined ambitious plans for 2025, aiming to expand its crypto offerings and integrate traditional financial products.

Binance has announced that it will be delisting two spot trading pairs from its platform on November 8, 2024, at 06:00 UTC.

Circle CEO Jeremy Allaire believes that stablecoins are on track to become a globally regulated financial infrastructure.

Anthony Pompliano, a well-known Bitcoin advocate, sees Bitcoin as a “supercharged” version of gold.