Auto Added by WPeMatico

Corporate Bitcoin Adoption Surges in 2024, River Report Reveals

Corporate adoption of bitcoin has experienced a significant surge in 2024, according to a recent report from River, a U.S.-based bitcoin-focused financial services company. The report highlights the growing role…

Continue ReadingCorporate Bitcoin Adoption Surges in 2024, River Report Reveals

Elon Musk Can’t Wait to Reform US Government Spending and Regulations

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for…

Continue ReadingElon Musk Can’t Wait to Reform US Government Spending and Regulations

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports

The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military…

Continue ReadingRussian Economy Sees Growth Despite Western Sanctions and Declining Imports

Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin

According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by…

Continue ReadingPaypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin

Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals

Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and…

Continue ReadingSeven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals

$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the…

Continue Reading$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized…

Continue ReadingStablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins.…

Continue ReadingSurge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With…

Continue ReadingTether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions 

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority…

Continue ReadingInflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says