Automated trading bots accounted for 70% of stablecoin transaction volume in 2024, according to a recent survey by crypto exchange CEX.IO. The survey, which analyzed blockchain activity across Ethereum, Base, and Solana, highlighted the increasing role of bots...
USDT is now live on Bitcoin’s base layer and Lightning Network, marking a major milestone for stablecoin integration within the Bitcoin ecosystem. Tether announced this development on January 30 at the Plan B conference in El Salvador, where...
Kraken has reported a significant financial performance for 2024, with revenue surging to $1.5 billion, a 128% increase from the previous year. The company also recorded $380 million in adjusted EBITDA, reflecting its strong market position and operational...
Open House Group has announced it will now accept cryptocurrency payments for real estate transactions, initially supporting Bitcoin and Ethereum according to the press release. The move aims to enhance accessibility for international buyers looking to invest in...
Grayscale Investments has launched the Grayscale Dogecoin Trust, offering accredited investors direct exposure to DOGE, the meme-based cryptocurrency that has gained global adoption due to its speed and affordability. Announced on January 31, the trust functions like Grayscale’s...
The cryptocurrency options market is showing signs of recovery after a sharp sell-off earlier this week, according to the latest report from Bybit and Block Scholes. The downturn, triggered by DeepSeek’s LLM announcement, caused significant declines across major...
BlackDuckRWA has launched its BD token on the Solana network, aiming to bridge traditional finance with Web3 according to the press release. The token debuted on January 24, attracting 2,000 wallet holders within five minutes and reaching a...
Bitcoin’s future may be breaking away from its traditional cycle, with analysts suggesting that the steep corrections of previous years could be a thing of the past. In a January 31 post on X, analysts from Singapore-based blockchain...
Bitwise Asset Management has secured initial approval from the U.S. Securities and Exchange Commission (SEC) for its Bitcoin and Ethereum exchange-traded product (ETP). On January 30, the SEC granted "accelerated approval" for Bitwise's 19b-4 filing, marking a key...
Elliott Management has warned that the U.S. government's new support and push for cryptocurrencies is fueling a speculative bubble that could end in financial havoc. In an investor letter seen by the Financial Times, the $70 billion hedge...
