TL;DR Record Surge: Stablecoin market cap skyrockets to $227.4B, up from $132B in January 2024. Top Tokens: Tether leads with $143B, followed by USDC at $57B and Ethena USDe at $5.45B. Solana’s Rise & Market Shift: Solana’s stablecoin volume jumps from $4B to $11.7B, reflecting a broader market move toward stable assets amid volatility and […]
YZi Labs Explores Investment Using BNB/BSC Payments
YZi Labs, potentially investing in projects that use BNB/BSC as main payment, was announced by Changpeng Zhao, former CEO of Binance, on Binance Square. This move could significantly impact the BNB ecosystem, potentially influencing its market value and adoption rates within the cryptocurrency sector. YZi Labs Considers BNB-Driven Project Investments YZi Labs, formerly known as […]
Unlocking Bitcoin’s Potential: How the End of the $36 Trillion US Debt Ceiling Suspension Could Spark a Major Rally
Bitcoin may be on the verge of experiencing a significant price surge, thanks to a potential catalyst known as the end of the $36 trillion US debt ceiling suspension. The cryptocurrency market is buzzing with excitement as investors anticipate the impact of this pivotal event on Bitcoin’s value. As the US government approaches the deadline […]
MEXC Ventures Invests $36 Million in Ethena & USDE to Accelerate Stablecoin Innovation and Mass Adoption of Cryptocurrency
Victoria, Seychelles, March 12, 2025 – MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has made a strategic investment of $16 million in Ethena, a leading innovator in the stablecoin space. In addition to this investment, MEXC has purchased $20 million in USDe, Ethena’s synthetic dollar, in a move aimed at promoting […]
Breaking: Bitcoin Price Nears $85K as US CPI Crashes to 2.8% in February
Bitcoin price today rose to $83,500 after the US published encouraging February Consumer Price Index (CPI) data. Ethereum (ETH) approached $2,000, while XRP, Solana, and Cardano jumped by over 5% after the CPI report. American equities also rebounded after the CPI report, with the futures tied to the Dow Jones and Nasdaq 100 indices rising […]
Bitcoin Hits Record High Amid Institutional Interest
Bitcoin reached a new all-time high today, driven by substantial institutional interest. This milestone occurred in global markets as major financial entities increasingly integrate Bitcoin into their investment portfolios. The surge in Bitcoin’s value underscores growing institutional confidence in the cryptocurrency market, suggesting potential long-term benefits for digital asset adoption. Market reactions indicate continued volatility, […]
Investors in Web3 Gaming shifting focus away from ‘Axie killers’ and seeking new opportunities
The world of Web3 gaming is seeing a surge in capital investments, with new projects aiming to take on popular games like Axie Infinity. These so-called “Axie Killers” are positioning themselves to disrupt the digital gaming market by offering innovative gameplay, unique features, and decentralized ecosystems. Investors are flocking to these projects, seeing the potential […]
Glassnode Report Reveals that Bitcoin Selling Intensifies as Panic Grips Recent Buyers
TL;DR Bitcoin has faced intense selling pressure since January, mainly among recent investors panicking as they realize losses. Metrics like STH-SOPR indicate fear-driven selling, reminiscent of the August 2024 collapse when BTC fell to $49,000. Investor confidence has declined due to external events such as the Bybit hack and trade tensions between the US and […]
Starknet to Bridge Bitcoin and Ethereum – Establishes BTC Reserve, and Partners with Xverse Wallet
Starknet has unveiled a bold plan to bridge Bitcoin and Ethereum. Here’s How. Many of you likely entered the Web3 world through your exposure to Bitcoin. Well that’s understandable since it remains the largest cryptocurrency by market cap, currently standing at approximately $1.6 trillion, followed closely by Ethereum. However, what if I told you that […]
Bitwise Launches ETF Focused on Companies With Large Bitcoin Reserves
TL;DR New ETF Launch: Bitwise Asset Management introduces the Bitcoin Standard Corporations ETF (OWNB) to track companies with significant Bitcoin reserves. Key Portfolio Details: The ETF comprises 21 publicly traded companies, each holding at least 1,000 Bitcoin, with weights capped at 20% per entity. Strategic Market Entry: Launched amid corporate Bitcoin reserves exceeding $54 billion, […]