Based on current data, the stablecoin market has seen a notable expansion. This week, Ethena’s yield-bearing token, USDE, has reached a peak valuation of over $4.12 billion. Ethena’s USDE Tops $4.12 Billion: Is the Stablecoin Market Shifting Toward Yield? Yield-bearing…
Category: Bitcoin News
Auto Added by WPeMatico
Phantom Money: Counterfeit Dollar Bills Haunt Istanbul Bazaar
Fears of counterfeit $50 and $100 bills have disrupted foreign-exchange trade at Istanbul’s Grand Bazaar, with some bureaus halting the purchase of these bills due to issues with identifying fake notes. There are conflicting views on the extent of the…
CHILLGUY Price Slides Amid Legal Dispute but Catslap Could be the Next Meme Coin to Explode
The massive hype around Chill Guy (CHILLGUY) from last week is dying down. CHILLGUY has taken another 12% hit in the past 24 hours as legal troubles mount over its use of the “chill guy” character. But while this token…
Bitcoin ETFs Reel in $103M in a Day, Pushing Cumulative Inflows to $30.38B
The 12 spot bitcoin exchange-traded funds (ETFs) had a standout Wednesday, capitalizing on BTC’s latest price climb. Collectively, these funds attracted $103.09 million in inflows, pushing their cumulative net inflows since Jan. 11 to an impressive $30.38 billion. Bitcoin and…
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council,…
Ripple Drops $25M to Champion Crypto-Friendly Policies
Ripple boosts Fairshake with another $25M, amplifying its push for crypto-friendly policies and challenging regulatory overreach to solidify its leadership in innovation advocacy. Ripple Doubles Down on Fairshake With Third $25M Contribution Ripple has reaffirmed its dedication to fostering innovation-friendly…
Dogecoin and Pepe Growth Stalls, Expert Says Buy Flockerz for Big Gains in the Next Bull Rally
It’s been a rough week for crypto, with most meme coins feeling the heat. Dogecoin has plummeted below key support levels, while Pepe has also seen a sizable price slide. However, one expert thinks a new presale project, Flockerz, could…
BTC Miner Cipher Expands Texas Operations With 100 MW Data Center
Cipher Mining Inc., a bitcoin mining company listed on Nasdaq, has announced the acquisition of a 250-acre site in West Texas. Cipher Mining Secures Strategic Site for Bitcoin Mining Expansion According to Cipher Mining’s (Nasdaq: CIFR) announcement, the new facility,…
Jim Cramer Mocks ‘Time to Dump Crypto’ Narrative, Defends Long-Term Support
On Tuesday, CNBC’s Mad Money host Jim Cramer shared on X: “I always find it hilarious when I read ‘time to dump crypto’ when I have owned and backed crypto since Thestreet.com days. Remember that?” As co-founder of the financial…
Morocco’s Crypto Framework Advances Amid Rising Public Interest in Digital Assets
Morocco is advancing a draft law to regulate cryptocurrencies, aiming to balance risks and opportunities amid growing adoption. A New Chapter Unfolds: Morocco’s Journey Toward Crypto Regulation Gains Momentum Morocco’s central bank governor, Abdellatif Jouahri, revealed Tuesday at a conference…