3 key Bitcoin price metrics highlight traders’ lack of enthusiasm
Bitcoin price declines as stablecoin and futures market data show declining confidence among traders. Go to Source
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Coinbase Reports $1.4 Billion in Q2 Revenue Amid Industry’s Regulatory Advances
Coinbase posted $1.4 billion in total revenue for the second quarter of 2024, marking a period of continued growth and progress in the crypto industry. The company’s earnings report said it also made strides toward regulatory clarity in the U.S., a key development for the broader crypto economy. Coinbase Publishes Q2 2024 Earnings and Shareholder … Read more
Stablecoin growth soars as crypto global mass adoption ramps up
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market. Go to Source
Stablecoin Market Expands by $1.52 Billion in 7 Days, Driven by USDT and USDC Growth
The stablecoin economy is experiencing renewed growth. Over the past week, the market capitalization of all stablecoins increased by $1.52 billion. The growth over the past seven days was primarily driven by tether (USDT), the largest stablecoin by market valuation, with its supply expanding by 1.2 billion coins. Stablecoin Economy Sees Growth Again Over the … Read more
Oracle exploit drains $7.6 million from Rho Markets liquidity protocol
Rho Markets has already paused its platform in response to the security breach. Go to Source
Stablecoin Market Expands by $344M in 7 Days, Led by Paypal’s PYUSD Growth
While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth over the past 30 days, increasing 41.2% to reach $585.25 million. Stablecoin Economy Grows as Bitcoin and Ethereum Prices Rise Bitcoin and ethereum … Read more
Caliza Raises $8.5 Million to Ease Cross Border Payments Using USDC in Latam
Caliza, a fintech company headquartered in the U.S. but focused on Latam, has raised $8.5 million in a funding round led by Initialized, seeking to expand the reach of its foothold in Brazil. The company offers B2B solutions focusing on USDC, Circle’s regulated stablecoin, providing rails for easing cross-border payments for its customers. Caliza Raises … Read more
SEC Ends Investigation Into Paxos: BUSD Declared Not A Security
The SEC has officially ended its investigation into Paxos, concluding that BUSD is not a security. Back in 2022, BUSD was a major player among stablecoins, boasting a market cap of about $23 billion. However, an investigation by the SEC led Binance to delist BUSD and remove it from all trading pairs. 🚨BREAKING: 🇺🇸 SEC … Read more
Bitcoin price falls to 2-month low, but derivatives markets reflect traders’ interest
Bitcoin price is pinned below $60,000, but derivatives and stablecoin data show traders remain optimistic. Go to Source
Opera’s Minipay Expands Stablecoin Support: Adds USDC and USDT to Its Digital Wallet
Minipay, an integral feature of the Opera Mini browser, has announced a significant upgrade with the introduction of ‘Pockets’. This new feature now supports USDC and USDT, two of the most widely used stablecoins, thereby enhancing its existing digital asset management capabilities. The innovative ‘Drag & Swap’ feature simplifies the process of switching between USDC, … Read more
