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Ethena Labs, the creators of the synthetic dollar-pegged asset USDe, have taken a significant step to enhance the product’s stability and scalability by integrating Bitcoin (BTC) into its collateral mix. This strategic…
Bitcoin’s trading dynamics have seen a notable shift following the introduction of spot Bitcoin ETFs in the United States, reversing a longstanding trend where the majority of gains occurred during U.S. trading…
In a significant shift in its product strategy, cryptocurrency exchange Binance has announced it will stop supporting Bitcoin-based non-fungible tokens (NFTs), citing the need to streamline its offerings. Binance users have been…
The competitive landscape among investment banks is heating up with Morgan Stanley and UBS vying for the title of the first wirehouse to offer a spot Bitcoin exchange-traded fund (ETF) in the…
In a groundbreaking move, Coinbase is partnering with Lightspark to integrate the Bitcoin Lightning Network, promising to enhance transaction speed and efficiency for its massive user base. This collaboration signifies a monumental…
Bitcoin’s price movement remains uncertain as it hovered below the $66,000 mark late Wednesday during U.S. trading hours, despite experiencing minor rallies that faced swift selling pressure. With the price standing at…
As Bitcoin’s recent rally shows signs of slowing, the growing supply of stablecoins suggests continued investor confidence and capital inflow into the cryptocurrency market. The total supply of leading stablecoins — USDT…
March saw an extraordinary surge in trading volumes for U.S.-listed Bitcoin (BTC) exchange-traded funds (ETFs), reaching over $110 billion—tripling the figures observed in the preceding months. This remarkable increase coincides with Bitcoin…
In a notable shift within the Bitcoin exchange-traded fund (ETF) landscape, the ARK 21Shares Bitcoin ETF (ARKB) recorded an unprecedented outflow, exceeding that of Grayscale’s Bitcoin Trust (GBTC) for the first time.…
In a significant move that has caught the attention of the cryptocurrency community, the U.S. government has transferred approximately 30,175 bitcoins, valued at around $2 billion, to what is believed to be…
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