Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin’s ‘Unmatched’ Decentralization Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. The company said the integration combines Bitcoin’s “unmatched” […] Original
The second-largest US-based crypto exchange by trading volume is announcing huge upticks in revenue and trading volume last year. According to a new blog post, Kraken says that its revenue and trading volumes doubled in 2024 compared to what it did in 2023. Kraken attributes its growth last year to the company’s focus on improving execution. “Our relentless execution is evidenced by our 2024 financial highlights, which we are releasing for the first time in Kraken history. In 2024, we saw revenue of $1.5 billion (up 128% year-over-year) and $380…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
The father of the world’s richest man hopes to raise $200 million from a crypto project dubbed “Musk It” to fund a think tank. ‘Musk It’ Memecoin Endorsed By Elon Musk’s Father Elon Musk’s father Errol Musk has endorsed ‘Musk It,’ a Solana memecoin that Errol hopes to profit from to the tune of $200 […] Source CryptoX Portal
Este artículo también está disponible en español. The Shiba Inu burn rate has experienced a dramatic surge, exploding by an astonishing 7,240% in just one day. This massive surge has led to the removal of over 1.1 billion tokens from circulation, effectively reducing the token’s significant supply. The latest sharp increase in SHIB burns have also caught the attention of the crypto market, bringing focus to the factors driving this substantial surge and its potential impact on the meme coin. What’s Driving The Surge In Shiba Inu Burn Rate Shibburn,…
The digital asset industry stands at a critical, hopeful juncture. After years of fragmented approaches to regulation and legislation, we’ve reached a moment where clarity is both urgent and achievable. Blockchain Association’s consensus-driven market structure principles, which represent the perspective of the leading companies in the industry, offer a framework for the path forward. The market structure principles that emerged from this collaborative effort reflect the maturation of the industry and the focus required to enact meaningful legislation and achieve smart regulation. The principles tackle twelve key areas – at…
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […] Original
The cryptocurrency market appears primed for an extended rally as stablecoin liquidity reaches unprecedented levels, fueled by the rapid expansion of tether (USDT) and Circle’s USDC, according to an end-of-the-month analysis from blockchain analytics firm Cryptoquant. Cryptoquant Report Examines Stablecoin Growth and Market Implications Cryptoquant analysts disclosed that the total market capitalization of USD-pegged stablecoins […] Source CryptoX Portal
Este artículo también está disponible en español. Renowned technical analyst Peter Brandt stirred up the XRP community on January 30 by posting a daily price chart (XRP/USDT) suggesting a “bull flag” continuation pattern. Brandt, whose reputation in charting spans decades, highlighted $4.39541 as the upper price objective based on the current market structure. “Hey XRP_pill_poppers. To be clear: I could care less what XRP is going to do. If it goes up I want to be long. If it goes down I’ve never shorted it, but prefer to troll the…
The positive momentum on bitcoin ETFs continued with another day of net inflows worth $588 million, while ether ETFs bounced back with a net inflow of $67.77 million. Bitcoin and Ether ETFs Record Significant Inflows As Market Confidence Strengthens U.S. spot bitcoin exchange-traded funds (ETFs) recorded a significant net inflow of $588.22 million on Thursday, […] Original