Month: August 2025

XRP Knocked Out of Top 3 by USDT Following Sharp Drop

Ripple’s native cryptocurrency continues its downward trend, causing it to lose the third spot in terms of market capitalization. Tether’s USDT has taken it back after a few months of being fourth, as its own market cap has grown to $167,613,338 on CoinGecko. Recall that XRP skyrocketed to a...
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PetroChina Eyes Stablecoin Integration As Eric Trump Praises China’s Crypto Power

Following the recent regulatory developments in Hong Kong, Asia’s largest oil and gas producer, PetroChina, is reportedly evaluating the adoption of stablecoins for cross-border payments. PetroChina Considers Stablecoin Adoption On Friday, local news media outlets reported that PetroChina, the listed arm of state-owned China National Petroleum Corporation (CNPC), will...
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Tether Reclassifies USDT on Older Networks as “Unsupported”

Tether is making a change to how it handles USDT on some of the older blockchains it once supported. Instead of freezing these tokens, the company is marking them as “unsupported.” This applies to networks like Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Transfers Will Still Work...
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EtherFi Channels $500 Million Into Bitfinex-Backed Plasma

Plasma is gathering serious traction in the DeFi space. Backed by Bitfinex, the stablecoin-focused Layer 2 just landed a major partner. EtherFi, the leading liquid restaking platform, is integrating its $500 million ETH vault directly into Plasma. This positions the network for a strong launch and gives users immediate...
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DeFi vs. CEX? CZ Says the Winner Is Clear – and It’s Not Centralization

At the recent BNBDay event in Tokyo, Binance founder Changpeng “CZ” Zhao said decentralized exchanges (DEXs) will eventually surpass their centralized counterparts (CEXs) in trading volume. CZ noted that while CEXs currently dominate the market due to their liquidity and user-friendly experience, the momentum is shifting toward decentralized finance...
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Are ETFs Taking Over Bitcoin Trading Volume? Data Says No

On-chain data shows exchanges are still the main venue of Bitcoin trading, with Binance alone observing volume double that of the spot ETFs. US Bitcoin Spot ETFs Still Account For Just 13% Of Trading Volume In a new post on X, on-chain analytics firm CryptoQuant has talked about how...
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