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21Shares now has an active Solana staking ETP on the SIX Swiss Exchange. The product will enable access to SOL with staking rewards accruable. 21Shares is driving crypto ETP advancements with some related products under its management. 21Shares AG, a leading name in the crypto exchange-traded product (ETP) space, has unveiled a new product to…
Binance now supports purchasing BFUSD with USDC, alongside USDT. Users can redeem BFUSD for USDT or USDC, with applicable fees. Starting January 23, daily BFUSD rewards will be issued in USDC. Binance Futures has announced new updates to its BFUSD, including support for USDC . These updates will be effective from January 22 on both…
Binance Labs has changed its identity to YZi Labs. The new entity will focus on non-blockchain native innovations spanning AI and biotech. Binance Founder Changpeng ‘CZ’ Zhao will play a top role in the new entity. Binance Labs, the venture capital arm of the cryptocurrency exchange , has changed its name to YZi Labs. According…
RBI’s strategic partnership with Cred introduces fee-free merchant transactions and daily limits up to Rs 50,000, advancing digital payment accessibility. Integration with UPI bank accounts enables seamless transfers between CBDC wallets, positioning e-Rupee as a stable digital payment alternative. India prioritizes government-backed digital currencies over crypto, aiming to revolutionize cross-border payments and reduce remittance costs….
The Solana transaction delays on Coinbase have triggered an apology from Brian Armstrong. The CEO promised the platform would boost its infrastructure to handle more user load. The community remains skeptical, despite the current SOL transaction backlog being cleared. Coinbase CEO Affirms the Solana Problem We have the Solana backlog triaged, and transactions should generate…
The board decision sparked immediate market response with 3% stock price increase, despite recent volatility challenges for the company. The strategic move aligns with a broader institutional trend, as firms like Fathom Holdings commit significant portions of excess cash to Bitcoin. The timing coincides with Bitcoin’s remarkable market performance, having doubled in value to surpass…
A token christened after President Trump’s last son, Barron, jumped to a $60 million valuation. The association with Trump’s son was not established, fueling a massive valuation slump. In the past 4 days, TRUMP and MELANIA have emerged, and many are capitalizing on the hype. The Rumors Spark the Initial Barron Memecoin Surge A Trend…
The firm maintains London office but reduces European investments as US regulatory environment becomes more crypto-friendly under new administration. Bitcoin reaches the $109,000 milestone on Inauguration Day, reflecting increased investor confidence in US market direction. Strategic pivot follows successful UK investments in projects like Arweave and Aztec, marking a shift in global crypto investment priorities….
Crypto analysts, including Benjamin Cowen, foresee a potential spike in Bitcoin dominance above 60%. However, he noted that BTC.D could be heading lower after that paving the way for relief bounces in altcoin-to-Bitcoin pairs. Analyst Captain Faibik predicts the end of the current altcoin correction phase, setting the stage for a bullish wave with a…
Total stablecoin holdings on Solana jumped from $6.1 billion on January 17 to $9.8 billion, marking a significant milestone. Solana’s total value locked (TVL) surpassed $10 billion, its highest since the FTX collapse. Solana set consecutive daily records for decentralized exchange (DEX) volumes, reaching $28.2 billion on Saturday and $39.2 billion on Sunday. Crypto analyst…