Dec 21 2024
Arkansas Republican will succeed North Carolina’s Patrick McHenry, who is retiring after a 20-year stint in Congress. The position means Hill will be key for legislative initiatives for the crypto industry that will take shape in the coming year. In a formal , the 68-year-old highlighted his promise to work closely with Speaker Mike Johnson, …
Dec 20 2024
Japanese-listed company Metaplanet announced on December 18 that it will formally run Bitcoin Treasury Operations as a new business line. This move, approved by the firm’s board of directors, is part of its broader strategy to integrate Bitcoin into its financial framework. The document also reveals Bitcoin purchases and accumulation will be conducted with BTC …
Dec 20 2024
The TRON network processed $587.2 billion in USDT transfers during November 2024. This all-time high (ATH) reflects significant growth compared to $424.4 billion in September and $489.3 billion in October. The figure, by CryptoQuant analyst Maartunn, is noteworthy, considering in July 2019, the network only managed to move about $73.8 million. The number of USDT …
Dec 20 2024
Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football and he is a keen fan of …
Dec 20 2024
Exodus Movement Inc., the financial technology company behind the Exodus self-custodial crypto wallet, has officially entered Wall Street. The firm’s first full day on the market was eventful, with its stock surging 36.33% to close at $53.50 while registering an impressive intra-day high of $67.00. It joins a select group of crypto-centric companies making their …
Dec 20 2024
Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, says the crypto market may face a significant downtrend around January 20th. The same day Trump will be inaugurated as the 47th United States President. Hayes says the president-elect cannot quickly make policy modifications upon inauguration as crypto investors will not be able to …
Dec 14 2024
Over the past month, Tether issued $20 billion in USDT on the network. Some analysts imply it is a nod to the reputation of the platform co-founded by Vitalik Buterin as a “trusted” and socially reputable network. Tether has been issuing between $1 billion and $2 billion of stablecoins every few days across Ethereum and …
Dec 14 2024
Crypto exchange-traded fund (ETF) issuer Bitwise predicted that 2025 will usher in the Golden Age of Crypto. In its latest report, Bitwise outlined a stellar 2025 for Bitcoin, Ethereum, and Solana, building on their impressive 2024 performances. Among other things, AI-driven meme coins are also expected to gain traction in the coming year. Bitcoin led …
Dec 13 2024
Crypto.com, a leading Singaporean digital asset trading platform, has announced a partnership with Deutsche Bank. Deutsche Bank is a German-based multinational investment bank and financial services company. Crypto.com’s corporate banking services will be available for the exchange in Singapore, Australia, and Hong Kong for starters. The crypto company and banking entity intends to expand the …
Dec 13 2024
Binance and Circle announce a strategic partnership to promote USDC. USDC is a stablecoin jointly owned by Circle and Coinbase. Binance will incorporate USDC into its full suite of products and services, offering 240 million global users access to the stablecoin for trading, saving, and payment applications. Details about revenue sharing in this arrangement remain …