Frax Finance launched frxUSD stablecoin backed by BlackRock BUIDL

The post Frax Finance launched frxUSD stablecoin backed by BlackRock BUIDL appeared on BitcoinEthereumNews.com. Frax Finance has launched the frxUSD stablecoin, backed by BlackRock’s BUIDL fund, merging traditional finance stability with blockchain transparency. This collaboration offers users yield-bearing opportunities and bridging decentralized finance (DeFi) with institutional financial systems. Recently, the newly launched stablecoin by Frax […]

Best Crypto to Buy Now (January, 2025) Top Crypto to Invest In

The post Best Crypto to Buy Now (January, 2025) Top Crypto to Invest In appeared on BitcoinEthereumNews.com. The cryptocurrency market closed out the year with high volatility and exciting opportunities, making January 2025 an ideal time for investors to reassess their portfolios. While market leaders like Bitcoin (BTC) and Ethereum (ETH) remain strongholds, emerging projects […]

Bitcoin Stabilizes Near $97,000 Amid Market Rebound and ETF Inflows Despite BlackRock’s Outflows

The post Bitcoin Stabilizes Near $97,000 Amid Market Rebound and ETF Inflows Despite BlackRock’s Outflows appeared on BitcoinEthereumNews.com. On January 3rd, COINOTAG reported significant **market movements** as the US stock market opened sharply lower after a positive start. Despite the overall negative performance of the three major indexes, the **cryptocurrency market** displayed resilience, rebounding in […]

Do Kwon Rejects Fraud Claims in Court

The post Do Kwon Rejects Fraud Claims in Court appeared on BitcoinEthereumNews.com. Do Kwon, the former CEO and co-founder of Terraform Labs, made a strong stand in a Manhattan federal court on Thursday, firmly denying all allegations of fraud. This court appearance follows Kwon’s extradition from Montenegro, where he was apprehended in March 2023 for […]

BlackRock’s iShares Bitcoin Trust Sees Significant Outflows Amid Speculation on Future ETF Growth

The post BlackRock’s iShares Bitcoin Trust Sees Significant Outflows Amid Speculation on Future ETF Growth appeared on BitcoinEthereumNews.com. BlackRock’s iShares Bitcoin Trust (IBIT) recently faced unprecedented outflows, raising questions about the future dynamics of cryptocurrency ETFs. The recent outflow of over $330 million is significant, particularly as the market appears to be recalibrating following the […]

Only Two Cryptos Matter, Says BlackRock – Here’s What They Are

The post Only Two Cryptos Matter, Says BlackRock – Here’s What They Are appeared on BitcoinEthereumNews.com. BlackRock’s $56.41 billion crypto portfolio overwhelmingly favors Bitcoin and Ethereum, making up over 99% of its holdings. CEO Larry Fink’s focus on Bitcoin and Ethereum highlights limited institutional interest in altcoins, reflecting concentrated investor sentiment. BlackRock, the world’s largest […]

BTFS Protocol v3.2.0 Mainnet Launched By BitTorrent: Redefining Decentralized Storage

The post BTFS Protocol v3.2.0 Mainnet Launched By BitTorrent: Redefining Decentralized Storage appeared on BitcoinEthereumNews.com. BitTorrent has recently launched the new BTFS v3.2.0 mainnet. The BitTorrent File System (BTFS) offers decentralized file storage and proves sharing can be achieved efficiently on different platforms. As a product of BitTorrent, this new protocol is introducing substantial updates […]

AI Meme Token Market Cap Surpasses $10 Billion, ai16z Leads Rally

The post AI Meme Token Market Cap Surpasses $10 Billion, ai16z Leads Rally appeared on BitcoinEthereumNews.com. The AI meme coin market has crossed a major milestone, reaching $10.3 billion in total market capitalization on January 2, 2025. Data from CoinGecko shows the sector gained 18.4% in 24 hours, with trading volume hitting $2.86 billion. The […]

Arkham Partners with Sui to Enhance Blockchain Data Integration

The post Arkham Partners with Sui to Enhance Blockchain Data Integration appeared on BitcoinEthereumNews.com. Terrill Dicki Jan 03, 2025 02:35 Arkham Intelligence announces a partnership with Sui to integrate blockchain data, enhancing features for millions of users. The collaboration aims to provide advanced analytics and real-time alerts. Arkham Intelligence has announced a strategic partnership with […]

Man Charged for Stealing Crypto Worth 1.6M Yuan

The post Man Charged for Stealing Crypto Worth 1.6M Yuan appeared on BitcoinEthereumNews.com. A court in China has prosecuted a man who stole cryptocurrency from a friend and cashed in more than 1.6 million yuan from the crypto crime. Recently, the Huli District Procuratorate of Xiamen, China, investigated the case and has filed a public […]