John Carvalho Wants to Get Rid of ‘Sats’
The Synonym CEO suggested the change via a Bitcoin Improvement Proposal (BIP) last week. Longtime Bitcoiner Seeks to Redefine Bitcoin Units John Carvalho, CEO of Bitcoin software company Synonym wants…
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Tether’s Market Cap Taps $140B as Stablecoin Dominates Crypto Trading
The market valuation of tether (USDT) has now ballooned to a staggering $140 billion. On Dec. 16, this stablecoin’s market cap makes up 3.75% of the colossal $3.73 trillion crypto…
Bitgo, Kraken Partner With FTX for Jan. 3 Payment Distribution
FTX Trading Ltd. (FTX) and its affiliated debtors have locked in Jan. 3, 2025, as the kickoff day for their court-endorsed Chapter 11 Reorganization Plan. FTX Creditor Distribution Is Coming…
Ethena Labs Launches Stablecoin Backed by Blackrock’s BUIDL Fund
Ethena Labs has introduced USDtb, a stablecoin that’s got the backing of Blackrock’s USD Institutional Digital Liquidity Fund (BUIDL). Ethena Unveils USDtb, a New Stablecoin With Blackrock Support Crafted in…
With BTC Firmly Above $100K, Forgotten Sleeping Bitcoin Wallets Spring to Life
With bitcoin dancing well above the $100,000 mark since Dec. 11, occasionally dipping its toes below, a slew of long-sleeping bitcoin wallets have been springing back to life. Bitcoin’s $100K…
Latam Insights: El Salvador’s Gold-to-Bitcoin Power Trade, Argentina Opens to Foreign Crypto ETFs
Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this issue, El Salvador could make a gold-to-bitcoin…
Strike CEO Drops Bombshell: Trump Eyeing US Bitcoin Reserve on Day One via Executive Order
This week, Jack Mallers, the CEO and founder of Strike, dished on President-elect Donald Trump’s plan to establish a strategic bitcoin reserve on his very first day in office via…
Crypto Boom: ENA Rockets, DOG Howls Higher, and Bitcoin Nears All-Time Highs
On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today’s star performer is Ethena’s ENA, which skyrocketed by…
Crypto Cons Strike Again as Drake’s X Account Promotes Fake ANITA Meme Token
Hip-hop icon Drake’s X account faced a cyber intrusion on Saturday, with the hacker using the platform to advertise a Solana-based meme coin called “$ANITA.” Drake’s X Account Used in…
NFT Buyers Vanish, but Sales Spike: Ethereum Dominates $224M Week
Over the past week, non-fungible token (NFT) sales grew by 16.27% compared to the previous week, totaling $224.41 million across 22 different blockchains. Pudgy Penguins Lead NFT Charge, BNB Chain…
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