Rolling crypto market coverage, DeFi developments, Bitcoin and Ether moves, ETF demand, policy updates, and infrastructure launches.
New data from Dune Analytics reveals a clear specialization within the stablecoin market: Tether's USDT has cemented its position as the dominant force in payments and cross-border transfers, while Circle's USDC remains the preferred choice for decentralized finance (DeFi) applications and institutional engagement.
Institutional crypto exchange EDX Markets has successfully closed a $76 million funding round led by Japanese financial giant SBI Holdings, signaling robust and sustained confidence from traditional finance in digital asset infrastructure.
Crypto mining giant Bitmine has allocated $74 million to Ether, a strategic treasury move that diverges from peers and signals growing institutional confidence in ETH, particularly amid expectations for the Clarity Act.
A Bitcoin address, inactive since the network's earliest days, has suddenly moved $1.9 million in BTC, drawing attention amidst a New York lawsuit targeting dormant crypto holdings.
While yield-bearing stablecoins surge, industry expert Artem Tolkachev argues that true utility and market acceptance hinge on collateral frameworks, not just attractive returns.
Circle's CRCL token saw a significant sell-off following news of a potential new 'Open USD' stablecoin, but market analysts believe the reaction was disproportionate, with Circle's CEO stepping in to reassure investors.
For the first time this cycle, Glassnode data reveals that more Bitcoin is now held at a loss than at a profit, a historical indicator of market capitulation and a potential turning point for BTC holders.
Fintech giant Revolut is set to delist Tether's USDT stablecoin for its U.S. customers after August 31st, citing escalating regulatory and risk concerns. This move highlights the growing pressure on stablecoin issuers and platforms operating in the U.S. market.
Global banking giant Standard Chartered has become the first Systemically Important Bank to offer direct access to Circle's USDC stablecoin for institutional clients, signaling a significant milestone for crypto adoption in traditional finance.
Despite regulatory geoblocks, new data reveals that users in the United States remain the primary drivers of activity on decentralized prediction market Polymarket, particularly in political betting.
Bitcoin mining firm American Bitcoin saw its stock price hit a new all-time low just before executing a 1-for-15 reverse stock split, raising questions about its market valuation and the health of the crypto mining sector.
Robinhood has officially launched its "AI-Native" Ethereum Layer-2 network, built on Arbitrum, marking a significant expansion into DeFi and tokenized real-world assets for the brokerage giant.