Yield-Bearing Stablecoin Pools: The New Frontier of Passive Income in DeFi

Similar to the practice of staking digital assets, yield-generating stablecoins and pools have garnered significant traction as a sophisticated mechanism for accumulating cryptocurrency holdings and generating passive income through prolonged holding periods. Below is an analytical snapshot of the top five stablecoin liquidity pools, ranked by total value locked (TVL) and their corresponding annual percentage …

Bitcoin Hoarder Stock That’s Up 2,689% in One Year Jumps Again Amid New 497 BTC Purchase

The Japanese hotel and investment firm, which saw its stock price surge by around 2,600% over the past year amid its Bitcoin pivot, is continuing to accumulate BTC. In a published statement, Metaplanet says it increased its BTC stack as part of its ongoing Bitcoin Treasury operations. Metaplanet CEO Simon Gerovich says the company bought …

‘All Outcomes Are on the Table’ – Crypto Trader Says Bitcoin Trend Unclear As Market Turns Highly Volatile

A widely followed crypto analyst says the future of Bitcoin (BTC) remains unclear as the markets continue to display heightened volatility. In a new thread, pseudonymous crypto trader Altcoin Sherpa tells his 242,200 followers on the social media platform X that all outcomes are possible for the crypto king, noting that BTC will likely land …

Reddit Co-Founder Wants To Acquire TikTok and Put the Social Media Giant ‘On-Chain’

Venture capitalist and Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to take over TikTok’s US operations. In January, McCourt’s internet advocacy organization Project Liberty announced a formal offer to acquire TikTok US with plans to allow users to control how their data will be used and shared. According to Reuters, Ohanian will …

Russian Crypto Exchange Garantex Halts Services As Tether Targets Sanctioned Wallets

Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform’s wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex’s wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news. Tether has entered the war …

President Nayib Bukele Says El Salvador Will Continue Accumulating Bitcoin Despite IMF Pushback

El Salvador President Nayib Bukele says his country will continue accumulating Bitcoin (BTC) despite rumors suggesting otherwise. El Salvador first adopted BTC as legal tender in 2021, but recent pressure from the International Monetary Fund (IMF) related to a recently approved $1.4 billion loan agreement has forced the Central American country to pull back on …

What Bitcoin reserve? BTC price slips back below $90K

Bitcoin is hardly giving bullish cues despite a BTC reserve potentially being announced by the US within 24 hours. Bitcoin (BTC) fell to intraday lows after the Mar. 6 Wall Street open as market discounted good news coming from the US’ first White House Crypto Summit. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph Markets …

Bitcoin, ETH, XRP, SOL, ADA charts versus US crypto reserve rumors — Which to trade?

Bitcoin and the altcoins selected for the US crypto strategic reserve could stay range-bound in the short term, barring a blockbuster announcement on March 7. The cryptocurrency community keenly awaits the first-ever White House Crypto Summit on March 7, which is expected to provide more details on the planned crypto reserve announced by US President …

New GOP bill aims to end debanking of crypto companies, ‘risky’ industries

The new GOP bill comes on the heels of congressional hearings into “Operation Chokepoint 2.0” and bipartisan agreement that debanking should end. South Carolina Senator Tim Scott, the leader of the US Senate Banking Committee, plans to introduce a bill on March 6 to end regulatory oversight of customer reputational risks toward banks, paving the …

Solana DEX volumes still rival Ethereum’s despite memecoin meltdown: VanEck

Solana trading volumes briefly topped the entire Ethereum ecosystem’s in February. Solana’s decentralized exchange (DEX) volumes still rival those of the entire Ethereum ecosystem despite a steep dropoff in memecoin trading activity, asset manager VanEck said.  In February, Solana’s share of total onchain DEX volume topped 43%, briefly surpassing the combined DEX volume of Ethereum …

Japan proposes crypto tax cut to boost investor appeal

Japan’s ruling Liberal Democratic Party (LDP) has proposed reducing the country’s crypto tax rates, signaling a shift in regulatory approach. On March 6, Akihisa Shiozaki, a member of Japan’s House of Representatives, shared details of the proposal on X, noting that it is open for public feedback until March 30. The initiative seeks to redefine …

Russia dismisses crypto for national reserves, citing volatility concerns

Russia’s Deputy Finance Minister Vladimir Kolychev has dismissed speculation about including cryptocurrencies in the country’s National Wealth Fund (NWF). Earlier in the week, local media outlet Interfax reported that Kolychev clarified that the Ministry of Finance has no plans to alter the NWF’s investment structure to accommodate crypto due to their high volatility. Kolychev explained …

US government missed $17B profit by liquidating Bitcoin instead of holding

The US government may have missed out on a staggering $17 billion by liquidating its Bitcoin holdings instead of holding them long-term, according to White House AI and Crypto Tzar David Sacks. In a March 6 post on X, Sacks referenced an AI chatbot Grok analysis, which showed that the federal authorities offloaded Bitcoin on …

SUI jumps 14% after it partners with Donald Trump’s World Liberty Financial

Sui, a prominent Layer 1 blockchain platform, has announced a collaboration with World Liberty Financial (WLFI), a DeFi protocol partly owned by President Donald Trump. This partnership aims to foster a more open and transparent financial ecosystem. The native SUI token is up 14% on the day. As part of this collaboration, WLFI plans to …

Traders are disproportionally favoring options over futures for Bitcoin compared to Ethereum

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: …

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