Crypto Exchanges

July 2, 2024

The Growth of Solana’s Liquid Staking Ecosystem


As Solana rises to fifth place among global cryptocurrencies, its liquid staking environment is expanding rapidly, reflecting its growing usage. The liquid staking ratio increased by 1.76% this quarter, with the quantity of Liquid Staking Tokens (LSTs) doubling, indicating market diversification. This transition is shown by the decline in dominance of the top three liquid […]

Crypto Exchanges

June 19, 2024

Crypto Market Narratives: Telegram’s Blockchain and the Coming Summer Chill


Telegram’s blockchain, TONNE, is gaining traction in the cryptocurrency industry, carving out its own story in an environment dominated by Bitcoin and Solana. While many cryptocurrencies need help to maintain their value, TONNE defies the trend with its unique projects and increasing usage. Despite the more significant market’s possible troubles this summer, TON’s progress provides […]

Crypto Exchanges

June 18, 2024

Tether Introduces Alloy: A Gold-Backed, Dollar-Pegged Stablecoin


Tether is breaking new ground with the introduction of Alloy (aUSDT), a stablecoin linked to the US dollar and backed by gold. Alloy is over-collateralised by Tether Gold (XAUt), which reflects physical gold ownership and is intended to function as a synthetic dollar. This novel technique lets holders keep their gold exposure while employing a […]

altcoins

Crypto Exchanges

June 10, 2024

$215 Million Boost: ARB Foundation’s Big Bet on Gaming Innovation through Arbitrum


The ARB Foundation has approved a $215 million funding campaign to support gaming companies on the Ethereum rollup-based Layer 2 network, Arbitrum. The issue of 225 million ARB tokens will power the newly created Gaming Catalyst Programme (GCP), supporting growth within the thriving developer and player ecosystem. This intelligent step will likely strengthen Arbitrum’s position […]

Crypto Exchanges

May 27, 2024

Nomura and GMO Join Forces with Laser Digital to Pioneer Stablecoin Issuance in Japan


Nomura, one of Japan’s largest banks, and its digital asset unit, Laser Digital, have partnered strategically with GMO Internet Group to explore stablecoin issuance in Japan. The alliance intends to make creating, redeeming, and circulating stablecoins in Japanese yen and US dollars easier. The alliance will provide “stablecoin-as-a-service” products to assist businesses with regulatory compliance, […]

Crypto Exchanges

May 22, 2024

UK Approves First Physical Bitcoin and Ethereum ETFs


The UK Financial Conduct Authority (FCA) has approved the country’s first physically-backed Bitcoin and Ethereum exchange-traded funds (ETFs). WisdomTree has been awarded the regulatory green light to list its products—WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum—on the London Stock Exchange. These ETFs are already available on exchanges such as Deutsche Börse Xetra, Swiss Exchange SIX, […]

Crypto Exchanges

May 7, 2024

Robinhood’s SEC Challenge Over Crypto Trading


The US Securities and Exchange Commission (SEC) recently issued a procedural “Wells notice” to Robinhood Markets, indicating that the company may face enforcement action for its cryptocurrency trading activity. This notification, sent on May 4, does not imply any misconduct by Robinhood but indicates the SEC’s willingness to pursue legal action potentially. This incident adds […]

Crypto Exchanges

May 6, 2024

Potential Expansion of Hong Kong’s Bitcoin ETFs


Recent remarks by Richard Byworth, Managing Partner at SyzCapital, have ignited social media discussions concerning the prospective accessibility of Bitcoin ETFs, now listed in Hong Kong, to mainland Chinese investors. Byworth’s tweet alluded to discussions on including these ETFs in the Stock Connect system, which may significantly expand investment opportunities for mainland Chinese capital into […]

Crypto Exchanges

April 29, 2024

The Rise of Bitcoin ETFs Down Under: Australia’s Crypto Shift by 2024


Australia is poised for a meaningful financial transformation as exchange-traded funds (ETFs) backed by Bitcoin are expected to be approved by the end of 2024. As a result of the successful launch of comparable financial products in the US and Hong Kong, Australian financial institutions and market authorities are prepared to embrace this new source […]

Crypto Exchanges

April 23, 2024

Crisis at the SEC: Resignations and Reprimands


The U.S. Securities and Exchange Commission (SEC) is facing internal discord and public scrutiny in an unexpected turn of events. This comes after the agency was severely sanctioned by a federal judge, which led to the departure of two well-known solicitors, Michael Welsh and Joseph Watkins. The SEC was accused of making false claims and […]

Crypto Exchanges

April 22, 2024

Runes Protocol Ignites Economic Boom for Bitcoin Miners


A significant financial boost for Bitcoin miners has resulted from the recent halving of Bitcoin and the concurrent creation of Casey Rodarmor’s Runes protocol. Network activity has surged dramatically thanks to the Runes protocol, which improves Bitcoin’s functionality by permitting the creation of digital tokens like those on Ethereum’s network. Record transaction fees have resulted […]

Crypto Exchanges

April 17, 2024

Korean Won Edges Out US Dollar as Top Fiat Currency in Crypto Trading


The South Korean Won (KRW) has lately eclipsed the US Dollar (USD) as the main fiat currency regarding trading volume on centralised exchanges, marking a significant shift in the global cryptocurrency industry. The Korean Won enabled transactions totalling more than $456 billion in the first quarter of 2024, according to recent research by the financial […]

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