News

Stablecoins Disrupt SWIFT in Cross-Border Payments and Remittances

Stablecoins are revolutionizing financial systems, evolving beyond a crypto niche to become crucial in global commerce. The dominant players, USDT...
CoinDesk · 6d ago

Ethena Labs, Jupiter to Launch JupUSD Stablecoin on Solana

Ethena Labs and Jupiter announced the upcoming launch of JupUSD, a Solana-native stablecoin supported by USDtb. It is expected to be released...
Coinspeaker · 6d ago

North Dakota Bank Partners With Fiserv to Launch Roughrider Coin

The Bank of North Dakota is collaborating with Fiserv to introduce "Roughrider Coin," a U.S. dollar-backed stablecoin targeting financial...
CoinDesk · 6d ago

DeFi Sector Achieves 90% Reduction in Exploit Losses Since 2020

The DeFi sector has achieved a significant security transformation, with a 90% reduction in exploit losses since 2020. By 2024, daily loss rates...
CoinDesk · 6d ago

XRP Price Could Reach $1,000 with Global Bank Adoption

Crypto analyst BarriC suggests that XRP could reach $1,000 if it gains extensive global use by banks and financial institutions. He argues that...
NewsBTC · 6d ago

BTCFi Usage Low: 77% of Bitcoin Holders Unengaged, Survey Finds

Network News Bitcoin DeFi Adoption Lag: A survey by GoMining reveals 77% of Bitcoin holders have not used BTC decentralized finance (DeFi)...
CoinDesk · 6d ago

Stellar's XLM Token Experiences Volatility Amid Institutional Interest

The native token of Stellar, XLM, has shown significant volatility, fluctuating between $0.38 and $0.39 over the past 24 hours. The swift...
CoinDesk · 6d ago

Solana's Jupiter to Launch JupUSD Stablecoin Backed by Ethena Labs

Jupiter, a Solana-based DEX, will introduce its stablecoin, JupUSD, by year's end. JupUSD will be integrated within Jupiter's ecosystem,...
CoinDesk · 6d ago

Bitcoin Reaches New Highs Driven by Institutional and On-Chain Demand

Recent data from Glassnode indicates that Bitcoin's latest price surge is driven by institutional activity and consistent on-chain demand rather...
CoinDesk · 6d ago

Short-Term Holders Add 450,000 BTC Since July, Total 2.6 Million

Short-term holders (STHs) have increased their supply by approximately 450,000 BTC since July, currently holding around 2.6 million BTC. ...
CoinDesk · 6d ago

BNB Surpasses XRP as Third-Largest Crypto, Eyes Ethereum's Position

BNB has experienced significant growth, increasing by 6.3% over the past 24 hours and 26.5% in the last week, reaching a market value of...
Coinspeaker · 6d ago

Ethereum's Fusaka Upgrade Aims to Enhance Scalability and Efficiency

Ethereum's Upcoming Fusaka Upgrade Ethereum is preparing for the Fusaka upgrade, expected by end of November or early December, following...
CoinDesk · 6d ago

- XRP's 4,455% liquidation spike causes $8.14M bullish loss - XRP drops from $3.05 to $2.88 in sudden reversal - Traders shift focus to Bitcoin Hyper, Maxi Doge, and Aster - Bitcoin Hyper raises $22.6M with Layer 2 scaling solution - Maxi Doge offers 120% staking APY and meme-driven liquidity - Aster boasts $3.47B market cap and MEV-free trading

XRP Liquidation Spike: A sudden 4,455% increase in XRP's hourly liquidation led to $8.14M in bullish bets being wiped out. This drop saw...
NewsBTC · 6d ago

HBAR Breaks Consolidation Amid ETF Prospects and Investor Interest

HBAR demonstrated resilience between Oct. 7 and Oct. 8, increasing by approximately 2% from its session lows near $0.22, maintaining this level. ...
CoinDesk · 6d ago

MetaMask Adds Polymarket Prediction Markets and Perp Trading with Hyperliquid

Key Developments in MetaMask: MetaMask is enhancing its platform by integrating perpetual swaps trading and Polymarket prediction...
CoinDesk · 6d ago

Ripple Moves $600 Million in XRP Tokens Amid Market Speculation

Recent activity in the XRP community centers on a $600 million transfer from a Ripple wallet, raising speculation about its impact on XRP's...
NewsBTC · 6d ago

BlackRock Bitcoin ETF Tops with $3.5B Inflows, Surpassing S&P 500 ETFs

Key Highlights: BlackRock's iShares Bitcoin Trust (IBIT) leads spot Bitcoin ETF inflows, reaching $3.5 billion in weekly inflows,...
Coinspeaker · 6d ago

CruTrade Launches $60M Tokenized Fine Wine Marketplace on Avalanche

CruTrade Launches on Avalanche Blockchain with $60M in Tokenized Fine Wine CruTrade, a marketplace on the Avalanche blockchain, has...
CoinDesk · 6d ago

Kerrisdale Capital Takes Short Position Against BitMine Immersion

Kerrisdale Capital has taken a short position in BitMine Immersion (BMNR), critiquing its business model as outdated. BitMine, led by...
CoinDesk · 6d ago

Coinflow Raises $25M to Scale Stablecoin Payments, Led by Pantera

Coinflow, a stablecoin payments startup, raised $25 million in a Series A round led by Pantera Capital. The company aims to expand its...
CoinDesk · 6d ago

Bitcoin and Ether ETFs See $2.6 Billion Inflows Despite Price Drop

Despite a sharp decline in prices, investments in crypto funds surged: Bitcoin (BTC) ETFs attracted $876 million on Tuesday. Combined with...
CoinDesk · 6d ago

Reliance Global Group Acquires $17 Million XRP for Treasury Holdings

Reliance Global Group Acquires $17 Million in XRP Nasdaq-listed Reliance Global Group purchased $17 million worth of XRP, adding to...
Coinspeaker · 6d ago

Polkadot's DOT Sees Volatility with 4% Drop and Recovery

Key Points on Polkadot (DOT) Volatility: Polkadot's price declined by 4% over the past 24 hours, reaching a low of $4.07 with high trading...
CoinDesk · 7d ago

Anthea Raises $22M to Launch Ethereum-Denominated Life Insurance

Anthea, a Bermuda-based crypto life insurer, raised $22 million in Series A funding led by Yunfeng Financial Group. The funds will be used...
CoinDesk · 7d ago

1inch Protocol Reaches $500B Trading Volume Milestone on Ethereum Network

1inch Network Milestone 1inch Network, a DEX aggregator, announced it routed $500 billion in trades on the Ethereum network since 2019. ...
Coinspeaker · 7d ago

XRP Price Could Reach $6–$11 If It Stays Above $2.68

XRP Price Analysis Caleb Franzen, founder of Cubic Analytics, suggests XRP is in a crucial phase with potential price targets between...
NewsBTC · 7d ago

Four.Meme Tops Pump.Fun in Revenue as BNB Meme Coins Surge

BNB Chain's meme coin generator, four.meme, surpassed Solana's pump.fun in 24-hour revenue with $1.4 million compared to pump.fun's...
Coinspeaker · 7d ago

CoinDesk 20 Index Gains 0.4% Led by Bitcoin and AAVE

The CoinDesk 20 Index is trading at 4230.81, showing an increase of 0.4% (+15.88) since the previous day. Five out of 20 assets in the...
CoinDesk · 7d ago

Ethereum Faces Potential Price Drop with $10B Validator Exits

Ethereum is seeing significant changes as validators exit, with over 2.4 million ETH ($10 billion) queued for withdrawal from the Proof-of-Stake...
Coinspeaker · 7d ago

Brevan Howard-Backed Tokenization Firm Expands Funds to Sei Network

KAIO, supported by Brevan Howard and Nomura Bank's Laser Digital, is expanding its tokenized funds to the Sei network due to rising real-world...
CoinDesk · 7d ago