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Read More »Arthur Hayes’ Maelstrom Launches Bitcoin Grant Program to Boost Technical Development
BitMEX co-founder Arthur Hayes’ crypto investment fund Maelstrom announced the launch of the Bitcoin Grant Program that aims to help with the technical development of the largest blockchain network. The focus will also be to improve its resilience, scalability, censorship resistance, and privacy characteristics. On its official website, Maelstrom said that it can support Bitcoin developers and is committed to an “open and transparent grant process.” Bitcoin Grant Program to...
Read More »Tether (USDT) Loses Ground on Centralized Exchanges, Down to 74% Market Share
Even with several high-profile collapses and de-pegging events in recent years, stablecoins have continued to capture market share from fiat, reflecting strong demand increasingly. Although the stablecoin market is still highly concentrated, with Tether’s USDT at the forefront, its dominance has been eroding over the last two years. In fact, Kaiko’s latest data shows a decline in USDT market share. Tether (USDT) is Slowly Losing Market Share In 2024, USDT’s market share on...
Read More »Asset Manager DWS Plans to Release First EUR Stablecoin by 2025
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Read More »Circle’s USDC Emerges as Top Beneficiary of EU’s Push for Compliant Stablecoins
The MiCA regulation has created an increased demand for compliant stablecoin, with Circle’s USDC emerging as a primary beneficiary of the trend. In fact, USDC is leading the demand for regulated stablecoins, according to French blockchain analytics firm Kaiko. Increased Demand For USDC After MiCA In its latest report, Kaiko revealed that non-compliant stablecoins account for 88% of the total stablecoin volume, at present. But Europe’s Markets in Crypto-Assets Regulation...
Read More »Bank of Italy to Issue New Guidelines for Crypto Regulation in Preparation for MiCA
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Read More »Number of Bitcoin Wallets Holding 10+ Coins Hits All-Time High
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Read More »Kraken Co-founder Jesse Powell Donates $1M in Crypto to Trump’s Campaign
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Read More »Bullish? USDC Stablecoin Hits One-Year High in Net Inflows on Crypto Exchanges
Stablecoins have witnessed significant growth this year. Among them, USDT remains a leader, but other ones, such as Circle-backed USDC, are also seeing considerable activity. As such, USDC’s recent deposits to centralized crypto exchanges could signal investors buying the dip amidst several market corrections in recent weeks. USDC Deposits Surge According to IntoTheBlock’s Head of Research, Lucan Outumuro’s latest findings, USDC’s net inflow into centralized crypto exchanges...
Read More »Maple Finance Launches Syrup to Kickstart New Era in Institutional Lending
CoinspeakerMaple Finance Launches Syrup to Kickstart New Era in Institutional Lending Maple Finance also introduced the Syrup (SYRUP) token, which allows holders to stake in and participate in the ecosystem. Maple Finance Launches Syrup to Kickstart New Era in Institutional Lending
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