Tag: Crypto

Ethena’s governance has approved Kraken Custody to safeguard the assets backing USDe, the protocol’s dollar-pegged stablecoin. This decision follows a comprehensive review by the Ethena Risk Committee (ERC), an independent group appointed by the Ethena DAO to assess core protocol risks. The ERC’s endorsement underscores Ethena’s disciplined approach to crypto risk...

The crypto market is looking calm today. Bitcoin is steady just under $90,000. Ethereum crypto, although it drops by 10% this week, looks ready to benefit from the Davos talks of tokenization. Davos is exposing cracks in the old system while accidentally advertising the new one. Bitcoin talk engagement...

There’s something special that happened in January 2024. After years of hope and pain, the US Securities and Exchange Commission (SEC) approved the first nine spot Bitcoin ETFs. When this approval went through, Bitcoin, and by large, crypto as an industry, ushered in a new era. No longer will...

The Circle Foundation recently announced a significant grant to support the United Nations’ Digital Hub of Treasury Solutions (DHoTS). Circle stablecoin will be used to deliver aid. This initiative aims to use regulated stablecoins to make humanitarian aid payments faster, cheaper, and more transparent. This announcement took place at...

Maple Finance has launched its yield‑bearing stablecoin, syrupUSDC, on Coinbase’s Base network and is claiming an Aave Crypto V3 listing is up next. Base has become one of the fastest‑growing Ethereum Layer‑2 networks, as DeFi activity rises amid users seeking cheaper fees. The increase in DeFi activity comes as...

Bitcoin rebounded sharply after President Donald Trump said the US would not move forward with new tariffs reportedly planned for February. BTC jumped from around $87,300 to reclaim $90,000 in hours. The move fits a growing pattern where Bitcoin trades less like digital gold and more like a fast-moving...

A massive Ethereum (ETH) trade that once made over $100 million is now under pressure, according to on-chain data. ETH traded near $2,900 as the wallet’s liquidation level sits around $2,268, close enough to matter if volatility spikes. This comes as leverage builds again across crypto markets after months...

Bitcoin reportedly sits on a $6 billion pressure point as new institutional whales replace early holders as the main price drivers. BTC hovered near recent highs as volatility spiked, even without heavy retail trading. This fits a bigger trend where Wall Street money, not crypto natives, now sets the...

Circle Foundation announced new funding for a United Nations digital payments hub to expand the use of regulated stablecoins in humanitarian aid. Bitcoin barely reacted, but stablecoin activity stayed high as real-world payment use continues to grow. It is another sign that governments and large institutions are testing blockchain...

Ripple’s token is trading around $1.91 at press time, with a 24-hour trading volume of over $2.3 billion. It has declined 2% in the past day and 8% over the last week. As traders monitor key support levels, new technical setups are gaining attention, including a chart pattern that...