Trend Digest – Your Reliable Guide to Cryptocurrency News
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The platform’s expansion goes beyond cryptocurrencies, incorporating futures contracts for commodities and major market indices to attract institutional traders. Despite regulatory challenges in crypto markets, Robinhood maintains a strategic approach by carefully selecting assets and ensuring compliance. The move aligns with industry trends as major platforms diversify their offerings to include advanced trading tools and…
Chain denies involvement in XCN trading, emphasizing OnyxDAO’s management role while exploring legal action against Sun’s accusations. Despite controversy, XCN maintains momentum with 31.72% daily gain and $1.42B trading volume, signaling market confidence. Sun calls for SEC and DoJ investigation while TRX faces consolidation concerns despite his optimistic stance on network value. Tron Network founder…
Italians can offset electricity bills by owning tokenized solar panels on the Algorand blockchain. Real world asset tokenization is taking over industries, from energy to real estate worldwide. Italian green energy company Enel Group has tapped crypto wallet provider Conio in a bid to hasten its tokenization plans. Enel is hoping that this partnership will…
Ripple’s RLUSD stablecoin is now listed on Margex, strengthening its role in cross-border payments and crypto trading. CEO Brad Garlinghouse and SVP Jack McDonald foresee RLUSD’s expansion to major exchanges like Coinbase and Binance in 2025. Billionaire Peter Thiel-backed Bullish already offers RLUSD in seven trading pairs, signaling strong market demand and adoption. Ripple’s RLUSD…
Crypto.com is stepping up its US presence, launching institutional-grade services to cater to corporate investors and advanced traders. After years of sitting on the sidelines due to regulatory uncertainty, Crypto.com is now embracing the US market, leveraging the growing demand for digital assets among institutional players. Crypto.com, a Singapore-based cryptocurrency exchange, has officially strengthened its…
Bitcoin is struggling at the $103K price level after failing to break above its all-time high of $109K. BlackRock CEO Larry Fink predicted that Bitcoin could reach $700K if fears of economic instability increases. Sovereign Wealth Funds are considering allocation of 2-5% of their capital for buy Bitcoin, Fink said. As the pro-crypto administration of…
Rumble has purchased its first set of Bitcoin after disclosing its intention to add the crypto asset to its treasury in November. The company sees Bitcoin as protection against inflation. Rumble’s shares surged nearly 6% after the Bitcoin purchase . Rumble, a leading video-sharing platform based in Canada, has officially made its first Bitcoin purchase since…
Deribit’s trading volume skyrocketed to $1.185 trillion in 2024, nearly doubling 2023’s $608 billion, showing strong institutional interest. Options trading hit $743 billion with 99% growth, solidifying Deribit’s dominance since launching Bitcoin options in 2016. Spot trading surged 810% to $7.6 billion, driven by rising Bitcoin prices, ETF launches, and regulatory advancements. Deribit, a crypto…
Trump signed an order to create a federal group led by David Sacks to regulate digital assets. The US strategic Bitcoin reserves have been basically confirmed by Binance CEO Changpeng Zhao. Senator Cynthia Lummis proposed buying 1 million BTC for a US national bitcoin reserve worth $108 billion. President signed an executive order to establish…
Chainlink consolidates above $24 with strong support from the 20 EMA and rising on-chain activity. A bullish breakout above the $26.62 resistance could target the 67.80% Fibonacci level at $31.13. Transaction volumes surged 3x in recent days, with large transactions reaching $222.9M, signaling whale activity. Daily active addresses climbed from 3.91K to 5.31K, showcasing a…