The digital asset XRP has reclaimed its position as the third-largest cryptocurrency by market capitalization, displacing the stablecoin tether (USDT). As of Friday, Jan. 3, 2025, XRP has climbed back to third place in valuation, trailing only bitcoin (BTC) and…
Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process a block in every two and a…
The Frax community has approved a proposal to use BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) as collateral for its upcoming frxUSD stablecoin. The proposal, known as FIP-418, passed unanimously after six days of voting, the team said in an…
Crypto majors zoomed higher in the past 24 hours as the market entered a widely expected bullish year, with bitcoin (BTC) inching above $95,000 to shake off losses from last week. A CoinDesk analysis from Tuesday flagged unusually high trading…
Foundry USA Pool – the largest Bitcoin mining pool by hash rate – recently took action to return an 8.18 BTC transaction fee, which is roughly worth $777,000, that had been accidentally overpaid. The error occurred on December 19 during…
BlackRock’s iShares Bitcoin Trust (IBIT) experienced a historic outflow of $332.6 million on January 2, marking the largest withdrawal since its inception a year ago. The move follows the resumption of U.S. trading after the New Year’s Day market closure…
Traders are no longer chasing upside in Nasdaq-listed MicroStrategy (MSTR), a leveraged play on bitcoin (BTC), signaling a cautious shift in market sentiment. MSTR’s 250-day put-call skew, which shows the difference in implied volatility between puts (options to sell) and…
According to data provided by CoinWarz, Bitcoin mining difficulty has reached a new record high of 109.78 trillion. The latest positive difficulty adjustment took place on Sunday. The widely tracked metric has increased by 1.16%. Bitcoin mining difficulty has now…
American multinational investment bank Morgan Stanley is reportedly exploring launching crypto trading services through its E-Trade platform. On Jan. 2, The Information reported that the bank’s decision to launch this service is based on the second Trump administration’s promise of…
Ether (ETH), the second-biggest cryptocurrency by market cap, is likely to outperform larger rival bitcoin (BTC) in 2025, Steno Research said in a report Sunday, citing historical trends and Donald Trump’s U.S. election victory. Bitcoin is predicted to reach a…