Binance Coin (BNB) has hit fresh record territory after Abu Dhabi-based MGX announced a historic $2 billion investment in Binance on August 12. The deal, entirely funded in stablecoins, marks the largest single investment ever made in a cryptocurrency company. Within 48 hours of the news, BNB surged more than 15%, breaking through key resistance…
A new report from CoinGate has revealed how Bitcoin and other cryptocurrencies compare in payments usage across the world. USDT Most Used Crypto On CoinGate Overall, Bitcoin Second Cryptocurrency payments processor CoinGate has shared new data breaking down digital asset payments preferences around the world. First, below is a table showing how the composition of…
Solana-based meme coin USELESS has surged more than 30% in the past 24 hours, emerging as one of the day’s top-performing digital assets. The rally stands out as major meme assets like Dogecoin (DOGE) and Shiba Inu (SHIB) have posted losses despite the broader market upswing. Coinbase, Binance US, Kraken Boost USELESS The recent rally…
Citigroup is showing an unexpected interest in stablecoins and crypto ETFs; it might offer custody services for these assets’ collateral. Stablecoins might be the more viable option, as Coinbase already has an overwhelming head start in the ETF collateral market. Even if these plans don’t work out, the firm is nonetheless considering other stablecoin pilot…
Bitcoin mining operators are putting less of a strain on Paraguay’s power grid than engineers initially feared, the nation’s power provider says. Per the Spanish-language news outlet Criptonoticias, the comments came from Félix Sosa, the President of the National Electricity Administration (ANDE). Speaking at a recent blockchain technology-related conference, the power chief said that crypto…
Bitcoin (BTC) surged to a new all-time high of $124,400 on early Thursday, fueled by strong institutional demand, bullish technicals, and favorable U.S. policy shifts. The move pushed the overall crypto market cap to a record $4.18 trillion. The rally followed a decisive breakout above key technical levels, including the 7-day SMA at $118,892 and…
The SEC keeps delaying Solana ETF applications, postponing four filings from Bitwise, 21Shares, Canary Capital, and Marinade Finance. There has not been any concrete explanation for this process. There are a few competing explanations for this setback, but there’s a simple and plausible answer. The Commission generally takes as much time as it can with…
Decentralized Physical Infrastructure Networks (DePIN) was one of the most talked-about sectors in crypto and experienced substantial growth in 2024. However, as crypto metas like meme coins, NFTs, and others regain traction, DePIN has struggled to maintain its momentum. This year, it has fallen behind in the race for investor attention. Nonetheless, Naman Kabra, CEO…
Dominating the $2.3 trillion crypto market, Bitcoin smashed a new all-time high (ATH) price record in the early hours of trading today UTC. It hit $124,128 before declining 2.1% to its current price of $121,100. The achievement has reignited speculation that a long-anticipated post-halving bull run may finally be underway. Investor interest has expanded beyond…
Bitcoin (BTC) created a fresh all-time high (ATH) yesterday, touching $124,474 on Binance before stabilizing around $118,000 at the time of writing. Meanwhile, BTC reserves on Binance have surged significantly, raising concerns about a potential price correction. Bitcoin Reserves Spike On Binance: Time To Worry? According to a CryptoQuant Quicktake post by contributor Arab Chain,…