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…
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week. What to know: XRP surged 11% to lead growth among majors as of Thursday, led by $1.3 billion worth of trading volumes on…
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…
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum. What to know: MSTR's record call skew disappears in a…
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…