Tag: Crypto

Ethereum Wallets Hit Record Growth as Network Use Climbs

Ethereum just recorded its highest level of new wallet creation so far, with more than 327,000 new addresses being opened each day last week. Even with that surge, the price of ETH stayed fairly steady, which suggests people were using the network rather than rushing in to trade. This...
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Visa Brings Stablecoins To $1.7 Trillion Platform In BVNK Partnership

Visa has partnered with BVNK to bring stablecoin payments to the Visa Direct platform, expanding its digital payments infrastructure. BVNK Will Power Visa Direct’s Stablecoin Infrastructure As announced in a Wednesday press release, BVNK and Visa have formed a strategic partnership to enable stablecoin payments on the latter’s Visa...
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U.S. SEC closes Zcash Foundation probe with no enforcement action

The U.S. Securities and Exchange Commission has closed its investigation into the Zcash Foundation without taking enforcement action, ending a probe that began in 2023. The U.S. Securities and Exchange Commission has closed its investigation into the Zcash Foundation without…...
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Ethereum Open Interest Breaks October 9 Threshold: Traders Return Post-Shakeout

Ethereum is showing tentative signs of relief after weeks of downside pressure, but the recovery remains fragile. The price is currently struggling to push decisively above the $3,400 level, a zone that has repeatedly acted as resistance during recent attempts to rebound. While short-term sentiment has improved alongside broader...
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Bitwise launches 7 physically backed crypto ETPs in Sweden

Bitwise has entered the Swedish market by listing seven physically backed crypto exchange-traded products on Nasdaq Stockholm, expanding regulated access to digital assets for local investors. Bitwise is growing its presence in Europe by listing new physically backed crypto ETPs…...
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What The Digital Clarity ACT Means For The Likes Of Dogecoin And XRP

Dogecoin and XRP have come under heightened regulatory scrutiny following the release of new draft language in the Digital Asset Market Clarity Act, which proposes a framework that could classify them alongside Bitcoin and Ethereum. Rather than relying on subjective debates over network decentralization or token utility, the draft...
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