USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $212 billion stablecoin market is currently dominated by Tether (USDT) and USDC, but a new entrant has quietly …
Continue reading “Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue”
The latest $5 million purchase of bitcoin has boosted Genius Group’s “bitcoin first” strategy with the company on track to reach its $120 million goal. Genius Group Makes Progress With Goal to Hold $120 Million Worth of Bitcoin Genius Group, an AI-based educational tech company announced that it has added to its bitcoin treasury with …
Continue reading “Genius Group’s Bitcoin Holdings Rise to 372 BTC With New $5 Million Purchase”
Administrators of Bonbast.com, Iran’s leading website for tracking the rial’s open-market exchange rate, took it offline due to severe distributed denial-of-service (DDoS) attacks and security concerns after criticism from Central Bank Governor Mohammad Reza Farzin. The shutdown removes a crucial data source for foreign exchange traders and citizens as the rial hits record lows against …
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According to Bitmart Research’s 2025 crypto outlook, bitcoin ETFs are expected to attract a large amount of capital inflows. Crypto Inflows Set for Record Year Bitmart Research has predicted that net inflows for bitcoin spot exchange-traded funds (ETFs) could exceed $50 billion in 2025 with assets under management (AUM) expected to exceed $150 billion. This …
“Due to its verifiable fixed supply, Bitcoin is the most inflation-resistant store of value available,” the proposal read.
The Bitcoin Act’s passage could eventually send BTC’s price past $1 million per coin, industry executives say.
On-chain metrics suggest Bitcoin (BTC) could be headed for sideways movement or more correction amid weakening buying pressure, according to the crypto analytics firm Glassnode. Glassnode says on the social media platform X that BTC’s short-term demand momentum has dwindled. “One key indicator: Hot Capital (capital revived over the last 7 days) has plunged 66.7% …
A widely followed crypto analyst says that there’s a high chance that Bitcoin (BTC) reverses course after its latest pullback. In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 529,900 followers on the social media platform X that based on historical precedence, the crypto king should mount a recovery. “Bitcoin started its …
Losses from crypto hacks and scams surged in 2024, according to the blockchain security firm PeckShield. The firm says the total value loss in the crypto sector last year exceeded $3.01 billion, a 15% increase from the 2023 total. That number includes $2.15 billion stolen in hacks and $834.5 million purloined via scams. PeckShield also …
A British judge has rejected a Welsh IT worker’s bid to search a landfill for a discarded hard drive containing Bitcoin (BTC) worth over $600 million, ending a 12-year quest to recover the lost cryptocurrency. According to a new report from the BBC, James Howells lost the device containing 8,000 Bitcoin during a 2013 house …
According to Satoshi Action Fund CEO Dennis Porter, the North Dakota BTC bill “already has 11 sponsors.”
“Our mascot will make appearances at major events, providing unique experiences for our users,” the DOGS team announced.
Standard Chartered is opening a new entity in Luxembourg after obtaining approval to offer digital asset custody services in the European Union. In a statement, the world’s 45th-largest bank says the entity will serve as its regulatory entry point for offering crypto and digital asset custody services to clients in the EU following the region’s …
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …
Continue reading “86% of Bitcoin’s sell-off driven by short-term retail traders”
Over the past 24 hours, AI agent tokens have emerged as standout performers in the crypto market, overshadowing Bitcoin and Ethereum. CryptoSlate’s top gainer list highlights impressive growth among the top AI tokens, including ChainGPT, Freysa, aixbt by Virtuals, Swarms, and AI Rig Complex. These tokens recorded double-digit gains over the last 24 hours, with …
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