A rise in stablecoin deposits on exchanges is generally viewed as a sign of increased buying interest in cryptocurrencies.While USDC dominance has increased, the buying momentum in the US remains absent.Consolidation Predicted Amid Market TurmoilLate
Some traders saw massive losses during the recent memecoin frenzy sparked by US President Donald Trump’s entry into the cryptocurrency space.On Jan. 24, blockchain analytics firm Lookonchain flagged how a trader who withdrew more than $1 million in S
By Angus BerwickCoinbase Global would remove stablecoin tether from its U.S. cryptocurrency trading platform if required by new legislation, CEO Brian Armstrong said in an interview at the Journal House in Davos, Switzerland.Tether, which is pegged 1
Stablecoin issuer Circle Internet Financial has acquired Hashnote, the issuer of US Yield Coin (USYC), a tokenized real-world asset (RWA) fund. In a Jan. 21 announcement, Circle said the deal “will enable USYC to emerge as a preferred form of yield-b
Stablecoin issuer Circle has acquired Hashnote, a tokenization startup incubated by Cumberland Labs, the web3 venture studio backed by institutional trading giant DRW.Circle did not disclose the financial terms of the deal. Hashnote was launched with
Opinion by: Advit Nath, founder and CEO at BlueBridge GlobalThe snow-capped peaks of Davos in 2023 witnessed blockchain technology being heralded as a transformative force for global good. Two years later, the landscape is radically different, yet fa
Winklevoss twins-founded cryptocurrency exchange Gemini is working to ensure compliance with Europe’s crypto regulations by setting up a dedicated hub in Malta.Gemini chose Malta as its hub for compliance with the European Union’s Markets in Crypto-A
MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million.The Miami-based company aims to expand its trading and marketplace vo
The circulating supply of Circle’s United States dollar-backed stablecoin, USD Coin , has risen 80% from cyclical lows as onchain activity picks up, according to data from Blockworks Research. As of Jan. 2, USDC’s circulating supply is approaching $4
Crypto exchange KuCoin introduced a point-of-sale (PoS) system allowing its users to pay businesses using their exchange balances.KuCoin said its KuCoin Pay tool will allow merchants to integrate crypto payments into their systems while letting custo
On Nov. 6, I wrote a memo to EY’s blockchain leadership team. The headline was simple: “Every single private blockchain just died.” Since November 2022, the crypto and blockchain markets have been defined by caution and gradual recovery. The directio
Top US cryptocurrency exchange Coinbase has yet again warned its users, announcing that it could delist stablecoins that have not complied with the Markets in Crypto-Asset Regulations (MiCA), including Tether's USDT stablecoin.Coinbase's warning come
US President-elect Donald Trump’s World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain anal
November 21, 2024 – Palo Alto, California Integration to enhance DeFi use cases on Aptos, expand interoperability and streamline global payment solutions for merchants. Aptos Foundation today announced the upcoming integration of Circle’s native USDC
dYdX Unlimited has introduced new features designed to change how decentralized trading operates. The Instant Market Listings feature allows users to create and trade markets immediately, removing the need for traditional approval processes. MegaVaul
Geneva, Switzerland, November 7, 2024 – TRON DAO has officially launched the TRON-Peg USD Coin on the TRON blockchain, an innovative cross-chain solution designed to streamline borderless transactions and broaden TRON’s stablecoin ecosystem. By facil
Circle has plans to expand to Hong Kong, drawing on the region’s regulatory clarity. The USDC issuer is also neck-deep in pushing for an IPO. Circle Internet Financial, the firm behind the USDC stablecoin, recently disclosed its plans to expand into
The two leading stablecoins are seeing increased inflows into centralized exchanges, suggesting a potential buying spree. According to data provided by IntoTheBlock, Tether (USDT) saw its exchange net flows rise from a net outflow of $43 million on N
Circle, the issuer of the second-largest stablecoin USDC has now declared its intentions to expand into the Asian market just as it gears for its IPO plans. The company is now eyeing an expansion into Hong Kong, amid plans for the region to become As
[PRESS RELEASE – Panama City, Panama, November 4th, 2024] Deribit, the world’s premier Bitcoin and Ethereum options exchange, in partnership with SignalPlus, a leading options trading dashboard and analytics hub, is excited to unveil the second editi