Onchain Revenue on Track for $20 Billion as Crypto Market Grows Up According to fresh analysis from 1kx, a venture firm focused on crypto, blockchain fees are expected to soar to $19.8 billion in 2025. This major leap in revenue is being hailed as a clear sign that crypto and decentralized finance (DeFi) networks are…
Bybit Ramps Up Latin America Expansion Amid Explosive Stablecoin Growth Global crypto exchange Bybit is making a bold move in Latin America by appointing fintech veteran Patricio Mesri as Head of the region, according to CCN. This strategic hire comes as demand for stablecoins—cryptocurrencies designed to minimize price volatility by pegging their value to assets…
Google search data now shows that curiosity about cryptocurrencies has dropped to its lowest point in 2024, echoing levels last seen during the turbulent days of the 2018-2019 Trump-China trade war. According to Google Trends, searches for “crypto” and related terms have plummeted, signaling that retail and new investor interest may be fizzling out after…
Bitcoin Spot Volume Rockets Beyond $300B in October Amid Shifting Market Strategies According to fresh analysis by Cointelegraph, October was a record-setting month for spot trading volume in the Bitcoin market. Volumes soared past the $300 billion mark, fueled by traders adapting to turbulence after “Uptober” saw a temporary dip in BTC price. Unlike derivatives,…
Chinese Court Sends Five to Jail for USDT Transfers—Highlighting Nation’s Strict Crypto Crackdown In a headline-making move, a Beijing court has sentenced five individuals to prison for using the popular stablecoin USDT (Tether) in a series of “illegal” transactions, according to reports from CCN. The group’s “crime”? Converting Chinese yuan (RMB) into USDT and then…
Altcoin ETFs Launch on Canary Exchange, Met with Investor Apathy On October 28th, a fresh batch of exchange-traded funds (ETFs) representing hot altcoins like Litecoin (LTC), Hedera (HBAR), and Solana (SOL) made their grand entrance on the Canary Exchange. But instead of excitement and a rush of trades, the ETFs’ launches were eerily quiet. As…
Crypto Markets Braced for Fed’s Next Move as Bitcoin and Altcoins Face Key Trend Test Bitcoin traders are on edge as the crypto market rides a wild wave of volatility. Bitcoin (BTC) recently saw a rush of swing traders cashing out profits, while bearish investors ramped up fresh short positions after BTC failed to hold…
Why Yen Stablecoins Are Gaining Popularity in Asia The rise of stablecoins pegged to established currencies is hardly news for crypto fans. But lately, the spotlight in Asia has turned to yen-based stablecoins. At first glance, a digital token tied to the Japanese yen (JPY) might not sound as flashy as Bitcoin. So what’s the…
Ondo Finance Pushes Wall Street Closer to Blockchain with BNB Chain Move The worlds of traditional finance and blockchain tech are colliding faster than ever before. Ondo Finance, a trailblazer in the tokenization game, just announced it’s expanding its tokenized U.S. stocks offering to the BNB Chain, making it easier than ever for everyday investors…
Wealthy Americans Lead the Crypto Wallet Revolution, but Everyday Users Remain on the Sidelines Americans with annual incomes over $100,000 are currently three times more likely to own a self-custody crypto wallet than those earning $40,000 or less. This insight, revealed by Mercuryo CEO Petr Kozyakov, highlights a significant disparity in digital asset adoption across…
