On Tuesday, two Bitcoin-focused Layer Two (L2) ventures successfully secured funding from strategic investors. Botanics Labs, a startup focused on developing decentralized Turing-complete L2 EVMs (Ethereum Virtual Machines), raised $11.5 million. Meanwhile, Bitcoin L2 ZKM attracted $5 million in...
“In addition to passively boosting BTC due to de-dollarization, we expect a second Trump administration to actively support BTC (and digital assets more broadly) through relaxed regulation and approval of US spot ETFs,” the report added. Standard Chartered reiterated...
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company officials to a meeting before taking over.
More than 90% of stablecoin transactions are not from real users, a recent study by Visa and Allium Labs has revealed. Despite optimism from industry leaders and overall positive market sentiment, the findings raise questions about the potential of...
The Shiba Inu has gained over 19% from its $0.00002081 price point at the beginning of the month. The current price action indicates that the cryptocurrency is on track for an interesting price rally in the coming weeks. According...
Although there was some progress last week compared to the previous week, Bitcoin only gained 2%, while Ethereum lost 1.6% over the same period. Among alternative cryptocurrencies, WorldCoin (WLD) emerged as the standout performer, rising 32.4% against the US...
According to new findings from Visa and data platform Allium Labs, less than 10% of stablecoin transaction volume is organic or comes from real people, Bloomberg reported.
This is the first time since late 2022 that the industry has recorded more than $1 billion in funding for two consecutive months.
Coinbase has released its first quarterly report for 2024, showing a 72% quarter-over-quarter increase in total revenue to $1.6 billion. This growth was accompanied by significant net income of $1,176 billion, representing a 1,588% year-over-year increase. This figure represents...
Cardano (ADA) may be going through low cost action At the moment, however, analyst Ali Martinez believes crypto may be poised for a parabolic run. Taking to social media platform X, Martinez talked about the complex pricing analysis that...