Ripple CEO Brad Garlinghouse has highlighted Japan as a critical market for the company's stablecoin plans, emphasizing the country's supportive regulatory environment. In a recent interview with Bloomberg, Garlinghouse emphasized the global potential for stablecoins and Ripple's ambitions to...
Current State of Ethereum Exchange Reserves Ethereum’s exchange reserves—the amount of the cryptocurrency held on exchanges, centralized or decentralized—have hit historic lows over the past few months. Between May and June 2024, over $3 billion worth of Ether was...
Crypto ATMs were introduced as a promising solution to help boost the adoption of digital currencies by encouraging their use in day-to-day transactions. These machines allow users to buy and sometimes sell cryptocurrencies using cash or credit cards and...
Russia's largest bank, Sberbank, will start offering the country's central bank digital currency (CBDC), the digital ruble, to its customers by early 2025. Anatoly Popov, Deputy Chief Executive of Sberbank, reportedly confirmed the bank's involvement, alongside around 20 other...
21.co, the parent company of 21Shares, has launched its Wrapped Bitcoin product, 21BTC, on the Ethereum blockchain. This significant development, announced on September 3, comes through a collaboration with Flow Traders, a leading global market maker. According to the...
Since its inception in 2009, Bitcoin has grown from a digital curiosity into a global financial powerhouse. The incredible rise in its market value from just a few pennies to over $60,000 is a story that few could have...
The Universal Digital Payments Network has announced that the Australian Digital Dollar (AUDD) is now integrated into its platform. In a blog post published on September 3, UDPN revealed that the AUDD would be added to its list of...
IDA, a Hong Kong-based digital asset firm, has secured $6 million in seed funding to develop its inaugural fiat-backed and regulated stablecoin, HKD. The investment round was led by CMCC Global’s Titan Fund and Hashed. In a press release...
Japanese investment firm Metaplanet has announced a collaboration with SBI Holdings' crypto division, SBI VC Trade, to enhance both companies' Bitcoin trading, storage, and management capabilities. SBI VC Trade is a cryptocurrency exchange platform offering spot and margin trading...
The story of Bitcoin investment in 2024 so far can be told in these words: it is one of steadfastness and strategic hodling. According to data from Glassnode's HODL wave chart, about 75% of all circulating Bitcoin hasn't moved...
