Russia Looking at Using Stablecoins for International Payments: Russian State Media
Russia is reportedly considering using stablecoins to make international payments, according to state-run media. According to a new report by...
Month: July 2024
Blockchain Technology: Ensuring Security and Transparency in Online Betting
The rise of blockchain technology has brought about a wave of positive transformations across multiple sectors, including online gambling. This...
VanEck and 21Shares Have Filed for Solana ETFs; Approval Odds Are Uncertain
Each fund would invest in SOL, which is currently the fifth largest cryptocurrency by market cap. Two asset management firms,...
Unlock Financial Freedom with KK Miner: Generate $1,000 in Passive Income Every Day
KK Miner provides a straightforward way to mine without having to understand the complexities associated with traditional hardware. KK Miner...
Russia contemplating permanently legalizing stablecoins for cross-border payments
The Russian government is contemplating the official legalization of stablecoins for international transactions to simplify cross-border payments for Russian companies...
Low Bitcoin volatility marks potential market maturation amid steady prices
Onchain Highlights DEFINITION: Realized volatility is the standard deviation of returns from the mean return of a market. High values...
Europe’s largest Bitcoin miner Northern Data to launch IPO in the US
Europe’s largest Bitcoin miner, Northern Data AG, has announced plans for a substantial initial public offering (IPO) in the US...
UAE banks signal digital asset demand with Taurus, Zand collaboration
Swiss crypto firm Taurus Managing Director Bashir Kazour said traditional financial institutions in the UAE, like banks, are eager to...
Chainlink to handle on-chain NAV for Sygnum’s $50 million tokenized Matter Labs treasury
Fidelity International and Sygnum have partnered with Chainlink to bring Net Asset Value (NAV) data on-chain, as announced on July...
Bitcoin correlation to S&P 500 goes negative indicating potential bottom
Quick Take Bitcoin (BTC) has often mirrored the S&P 500 (SPX), with periods of positive correlation in the past five...
KuCoin to enforce 7.5% VAT on Nigerian trades amid regulatory changes
Crypto exchange KuCoin said it would start collecting a 7.5% value-added tax on trading fees from its Nigerian users on...
Lido sees around 100k increase in staked Ethereum amid SEC scrutiny
Lido has reported a rise in staked Ethereum on its platform despite the US Securities and Exchange Commission (SEC) classifying...
Layerzero Integrates Flare, Enabling Connectivity to 75 Blockchains
Layerzero has integrated with Flare, a layer one (L1) blockchain, to connect it with 75 other blockchains. This integration aims...
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The...
Marathon Digital Reports Increase in Hashrate, Holds 18,536 BTC
Marathon Digital Holdings, Inc. released its unaudited bitcoin production and miner installation updates for June 2024. The company’s operational hashrate...
