Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin
According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD
Bitcoin's recent price volatility has led many to wonder if large-scale bitcoin hodlers are taking advantage of price dips to accumulate more bitcoin. While some metrics may initially suggest an increase in long-term holdings, a closer examination…
Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
Bitcoin Still At Risk Of Further Correction, CryptoQuant Head Says
The Head of Research at the on-chain analytics firm CryptoQuant has explained why Bitcoin may be at risk of seeing a further drawdown. Bitcoin Is Still On Verge Of Bear Market In This Indicator In a new post on X, CryptoQuant Head of Research Julio…
Texas Senator discloses up to $100K BTC after blockchain endorsement
After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
Nigeria Seizes $37.5M in Digital Assets After Court Grants Freezing Order
The Nigerian government has seized approximately $37.5 million in digital assets from the organizers of the Endbadgovernance protests. The funds were frozen by a court order based on a claim by the Economic and Financial Crimes Commission, which…
Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
Bitcoin Non-Profit ₿trust Announces Q3 Grants For Open-Source Developers
₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort.1/ Announcing the ₿trust Q3…
Cosmos Price Analysis: Why This Analyst Says ATOM Has ‘A Great Chart’
Cosmos is presently held between a rock and a hard place in the market, according to crypto analyst Alan Santana. To him, this is a very opportunistic time for long-term investors, most especially those with a bullish outlook. He feels that ATOM is…
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a "promising indicator" for the Bitcoin market. The 13-F filings, released on…
Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets
According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billion, while…
Solana’s GambleFi Star Mega Dice Token Raises $1.7M in Trending Presale Event
Mega Dice, the popular Solana-based casino, has just hit a huge milestone. The presale for its native Mega Dice Token (DICE) has now passed $1.7 million – with many early backers believing it could be the next big thing in GambleFi. Mega…
Lava Loans Protocol v2: DLC Based Bitcoin Collateralized Loans
The Lava Loans protocol (v2) is a scheme designed by Lava building upon Discreet Log Contracts (DLCs) to facilitate a trustless Bitcoin collateralized loan system. The huge implosion in the market last cycle caused by centralized platforms…
MATIC Set For Rebranding In Early September: Will Polygon Prices Recover After Sinking 65%?
MATIC, the native token of the Ethereum sidechain Polygon, has had it rough in the past five months. After soaring above $1.2 in March, the token has been in freefall, dumping over 65%. For now, MATIC faces strong rejection at $0.45 and continues…
US Bitcoin ETFs Gain $11M, Ether ETFs Slip by $39M on Thursday
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thursday’s Crypto…
75% of Bitcoin Hasn't Moved in 6+ Months, Signaling Strong HODLing Trend
Recent data from Bitcoin Magazine Pro shows a significant trend among Bitcoin holders: nearly 75% of all circulating Bitcoin has remained dormant for over six months. This strong HODLing behavior reflects a steadfast belief in Bitcoin's long-term…
New P2E Meme Game PlayDoge Raises $6M in Presale – Will PLAY Rally After DEX Listing?
PlayDoge (PLAY) is proving that even in the meme coin world, it’s possible to shake things up. This new Play-to-Earn (P2E) project has just passed the $6 million mark in its presale. But does PlayDoge have what it takes to make a real impact…
$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark
As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock’s BUIDL continues to lead the…
Silk Road Bitcoin Are ‘Almost Certainly’ Sold By US Gov, Claims Lawyer
Another transfer by the US government of originally seized Bitcoin from the notorious Silk Road has sparked widespread speculation on Wednesday, August 14. Blockchain analytics firm Arkham reported yesterday that 10,000 Silk Road BTC, valued at…
Dormant Bitcoin Wallet From 2014 Moves $10.2M—After a Decade
On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially secured by the P2PKH (Pay to…
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Announcing the ₿trust Q3…