Markets
Ethereum spot exchange-traded funds (ETFs) have set a remarkable milestone, marking 16 consecutive days of positive inflows. This surge in investor confidence has reignited optimism for Ethereum’s potential to achieve a new all-time high (ATH) in the coming weeks. However, Ethereum must first conquer the critical resistance level of
Regulation
Representative French Hill, a seasoned banker and former Treasury official, is set to lead the Financial Services Committee as its new chairman during a pivotal political shift under President-elect Donald Trump. Tasked with addressing the rapidly evolving digital asset landscape, Hill aims to prioritize cryptocurrency regulation and banking reform. Known
Markets
Bitcoin exchange-traded funds (ETFs) in the United States have surpassed gold ETFs in total assets, reaching $129.3 billion compared to gold’s $128.9 billion, according to K33 research. This milestone, achieved in under a year since Bitcoin ETFs debuted, highlights a remarkable shift in investor preferences and Bitcoin&
DeFi
Remote, a global human resources and payroll services provider, has announced a new stablecoin payment option that allows U.S.-based employers to compensate contractors in 69 countries using digital currency. The feature, which leverages USDC stablecoin on Base, Coinbase’s Layer 2 blockchain network, aims to deliver faster, near-instant
Cryptocurrency
Sui Bridge has taken a significant step forward by introducing Circle’s Cross-Chain Transfer Protocol (CCTP), allowing users to seamlessly transfer the USDC stablecoin between Sui and eight other supported chains. By embracing CCTP, Sui Bridge becomes a more versatile tool for cross-chain liquidity, simplifying how users move value throughout
Finance
The renowned Pudgy Penguins NFT project has introduced its new PENGU token on the Solana blockchain, granting holders of certain ecosystem assets 88 days to claim their tokens before any unclaimed portions are permanently removed from circulation. The PENGU token’s initial release on Solana comes with plans to later
Markets
Tether, the world’s largest stablecoin issuer, has announced a strategic investment in StablR, a European stablecoin provider, in a move to accelerate the adoption of regulated digital assets across the European market. The collaboration comes at a pivotal time, as the EU’s Markets in Crypto-Assets (MiCA) regulation is
Cryptocurrency
Solana’s explosive growth as a high-speed, low-cost blockchain has catapulted its native token, SOL, into the spotlight. From staking rewards to transaction fees, the SOL token forms the backbone of Solana’s thriving ecosystem—yet many newcomers overlook the mechanics that dictate its value and function. In this article,
Markets
FTX has announced that creditor payouts will begin by March 2025 as part of its court-approved restructuring plan, effective January 3, 2025. To facilitate a smooth and secure distribution process, FTX has partnered with BitGo and Kraken to manage fund distributions, including stablecoin payments, for retail and institutional creditors. FTX
Markets
Mt. Gox, the defunct crypto exchange, has once again moved a significant amount of Bitcoin, sparking curiosity and speculation across the crypto community. This latest transaction comes as Bitcoin hovers close to its all-time high near $108,000. On December 17, Mt. Gox transferred 1,620 BTC—valued at approximately
Markets
Bitcoin continued its remarkable rally on Monday, reaching a record high of $107,822, while Ethereum climbed to its highest level in three years, signaling renewed strength across the crypto market. Both leading cryptocurrencies have gained significant momentum, leaving short sellers reeling as liquidations pile up. The price of Bitcoin
Cryptocurrency
Ripple will introduce its new U.S. dollar-backed stablecoin, RLUSD, to the market on Tuesday, following the green light from the New York State Department of Financial Services earlier this month. The company plans to roll out the asset on both the Ethereum blockchain and the XRP Ledger, offering it