DeFi players launch alliance to champion Ethereum to policymakers
In recent developments, major DeFi protocols on Ethereum have banded together to counter the so-called “outsized influence” of centralized crypto firms on US policymaking. Looking closer, market participants highlight key…
Bitcoin Stabilizes, But Galaxy Research Cuts Year-End Forecast to $120K
In recent developments, the digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday…
Circle Updates Terms of Service to Allow ‘Legal’ Firearm Purchases With USDC
In recent developments, the USDC policy reversal on firearm purchases suggests that “stablecoins are at the whims of politicians,” an industry expert told Decrypt. Looking closer, market participants highlight key…
‘Ethereum is scaling’ — ETH maxis cheer as TPS hits record 24K with Lig…
In recent developments, an explosion in transaction activity on Ethereum layer 2 Lighter since launching last month has pushed Ethereum’s transaction per second count to a record of 24,192. Looking…
$72M Equity Investment From Top Firms Bolsters Canaan’s Bitcoin Mining Infr…
In recent developments, nasdaq-listed bitcoin mining rig manufacturer Canaan Inc. has secured a $72 million strategic investment from BH Digital, the crypto division of Brevan Howard, alongside Galaxy Digital and…
Rural Texas community fails plan to become a city to curb BTC miner noise
In recent developments, residents of a small area in Hood County have attempted to form a municipality to exercise authority over a Bitcoin mining site they claim is generating excessive…
Ripple Doubles Down on XRP as It Bets Big on Crypto’s Future
In recent developments, ripple CEO Brad Garlinghouse is championing a breakthrough year marked by record growth, a $500 million strategic investment, and surging XRP momentum, underscoring crypto’s rapid ascent as…
Robinhood isn’t rushing into crypto treasuries, exec says
In recent developments, robinhood executive Shiv Verma says buying crypto could align it with the community more, but questions if it’s “the right thing for shareholders.” Looking closer, market participants…
Robinhood’s Q3 crypto revenue surges 300% as earnings beat forecasts
In recent developments, robinhood Markets’ crypto revenue jumped over 300% in Q3, helping to double its revenue from last year to surpass analyst expectations. Looking closer, market participants highlight key…
Miami mayor Francis Suarez claims he’s up 300% on his Bitcoin salary
In recent developments, miami Mayor Francis Suarez started receiving his salary in Bitcoin four years ago, when Bitcoin was valued at around $64,000. Looking closer, market participants highlight key drivers…
