AAVE, the native token of the decentralized crypto lending platform Aave, has rallied over 45% to $135 in four weeks, outperforming every other top 100 cryptocurrencies by market value, including market leaders bitcoin (BTC) and Ethereum's ether (ETH). Such has been the investor bias for AAVE that Helium's HNT is at a distant second position
VanEck has predicted that the United States could reduce its national debt by $21 trillion in the next 24 years. The firms analysts believe that this could be achieved by creating a one million Bitcoin reserve over the next five years. According to the asset management company, a U.S. BTC reserve could slash the national
Rosseti Group, Russia’s power grid company, reported losses exceeding 1.3 billion rubles – which is worth around $14.2 million – in 2024 due to unauthorized cryptocurrency mining operations, also known as “black” mining firms. As per a report by state-owned news agency TASS, damages were widespread across the company’s electrical networks. The most significant impact
AAVE, the native token of the decentralized crypto lending platform Aave, has rallied over 45% to $135 in four weeks, outperforming every other top 100 cryptocurrencies by market value, including market leaders bitcoin (BTC) and Ethereum's ether (ETH). Such has been the investor bias for AAVE that Helium's HNT is at a distant second position
Tether co-founder Reeve Collins is launching a decentralized stablecoin that will compete with USDT in an increasingly crowded space that is still dominated by two players. The project will debut a stablecoin called USP on Ethereum and Solana blockchains in the second half of 2025, according to Bloomberg. Pi will use smart contracts to mint
The Ethereum Foundation has announced the Open Intents Framework (OIF), a modular and open framework designed to improve interoperability across the Ethereum ecosystem. The new standard is developed with the collaboration of over 30 teams which includes Layer 2 networks, wallets, and infrastructure providers. According to the official announcement on February 19th, the main objective
A number of recent economic reports revealed cracks in the US economys resilience last week, with the lowest service-sector PMI reading in over two years. This week will see key GDP and PCE inflation data released which could rattle markets even further. PCE inflation will be the final piece to the puzzle as both PPI
One of the most famous sayings on Wall Street is that a bull market tends to stay in motion unless an external force acts upon it. Bitcoin [BTC] has historically lived up to the adage modeled along Sir Isaac Newtons third law of motion and could do so again, rising as high as $56,000 by
Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse
Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three
Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
AAVE, the native token of the decentralized crypto lending platform Aave, has rallied over 45% to $135 in four weeks, outperforming every other top 100 cryptocurrencies by market value, including market leaders bitcoin (BTC) and Ethereum's ether (ETH). Such has been the investor bias for AAVE that Helium's HNT is at a distant second position
The US Securities and Exchange Commission (SEC) announced the launch of the Cyber and Emerging Technologies Unit (CETU) to combat cyber-related fraud and protect retail investors from risks in emerging technologies. Headed by Laura D’Allaird, CETU replaces the Crypto Assets and Cyber Unit and includes a team of roughly 30 fraud specialists and attorneys working
Brazil has made history as the first country to approve a spot XRP exchange-traded fund (ETF), signaling its growing influence in the crypto market. The fund, managed by Hashdex, will soon be available on the B3 stock exchange, with Genial Investimentos overseeing administration. According to the report by Portal do Bitcoin, the new XRP ETF
Bitcoins price remains below the $100,000 mark, trading at $98,000 at the time of writing. While this positions its daily performance in positive territory, the larger picture suggests continued bearish pressure. Over the past month, Bitcoin has declined by 6%, and its current price represents a 10% decrease from the all-time high above $109,000 recorded
Metaplanet has announced that its total Bitcoin holdings have reached 2,100 BTC, now worth $196 million. The firm revealed it recently bought an additional 68.59 BTC for $6.6 million at an average price of $96,335. In a February 20 X post, the company highlighted that its BTC reserves now make up 0.01% of total Bitcoin
Around 16,500 Bitcoin options contracts will expire on Friday, Feb. 21, and they have a notional value of roughly $1.6 billion. This weeks expiry event is smaller than last weeks and one of the tiniest of the year, which means there will be virtually no impact on spot markets, which have been range-bound for most
Bybit CEO Ben Zhou has doubled down on his stance against Pi Network, calling it a scam and confirming that his exchange will not list its token. As Pi Network remains embroiled in controversy over its practices, tensions between Zhou and the project continue to intensify. He has repeatedly challenged its legitimacy and has refused
On-chain data shows the cost of making a transfer on the Ethereum network has plunged recently. Here’s what this could mean for the ETH price. In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the Average Fees of Ethereum. The “Average Fees” here refers to an
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