The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization of stablecoins across all networks hit $212.99 billion, setting a new record. This is according to data from Defillama, a decentralized finance total […] Source: https://news.bitcoin.com/stablecoin-market-cap-hits-historic-high-of-213-billion/
Month: January 2025
Trump meme craze pushes new Solana addresses to all-time high: Report
The TRUMP memecoin shattered records before Inauguration Day, eventually reaching a total market cap of more than $12 billion. Source: https://cointelegraph.com/news/trump-meme-craze-solana-addresses-all-time-high?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin Dumps as Elon Musk’s DOGE Agency Website Removes Meme Imagery
The Department of Government Efficiency is still the DOGE, but the DOGE agency website no longer features the iconic Doge meme imagery shared with Dogecoin—and the original meme coin is now sinking. The price of Dogecoin jumped Tuesday once fans and investors noticed that the website for the Elon Musk-led government initiative featured the likeness of Kabosu, the late Shiba…
Pension Funds Could Push Bitcoin to $200K This Year: Standard Chartered
More money than last year is expected to flow into the Bitcoin space from institutions, according to a report from multinational bank Standard Chartered. And the continued flow of such money will push the biggest cryptocurrency to $200,000 per coin by the end of this year, one of the bank’s analysts said in the Wednesday note. The report said that…
Buy Bitcoin, stock price goes up 80%: Rumble follows 'MicroStrategy' strategy
Many public-traded companies are adopting a “MicroStrategy” strategy of buying Bitcoin after Donald Trump’s reelection. Source: https://cointelegraph.com/news/buy-bitcoin-stock-price-goes-up-80-rumble-microstrategy-strategy?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galaxy Asset Management: December 2024 Month End AUM
NEW YORK, Jan. 21, 2025 /CNW/ – Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy”) announced that its affiliate, Galaxy Asset Management, (“GAM”), reported preliminary assets under management of $5.7 billion as of December 31, 2024. The 6.5% decrease in preliminary AUM compared to the prior month was primarily driven by market depreciation and net outflows from GAM’s Passive Funds. Note –…
What Is ‘Trump’s Empire’? The Presidential Telegram Crypto Game and Airdrop Details
Trump’s Empire is yet another Telegram game promising an airdrop for a relatively small time investment while using the name and likeness of a right-wing icon—with no direct involvement from the person himself. Sound familiar? Of course, that sentence could also describe X Empire, the Elon Musk-themed Telegram game that blew up in popularity last year only to disappoint many…
Does Ross Ulbricht’s pardon change the narrative of Bitcoin as a crime tool?
The community is celebrating Ross Ulbricht’s pardon, with many discussing how it could impact the public image of Bitcoin around the world. Source: https://cointelegraph.com/news/ross-pardon-bitcoin-narrative-crime-tool?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase fixes Solana transaction backlog after 48-hour delay
The backlog issue led to pending transaction times of up to 21 hours on the crypto exchange following President Donald Trump’s memecoin launch. Source: https://cointelegraph.com/news/coinbase-ceo-solana-transaction-delay-fixed?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
They solved crypto’s janky UX problem. You just haven’t noticed yet
Crypto has finally become user-friendly thanks to intents, chain abstraction, passkeys and other new tech — and it’s already live. Source: https://cointelegraph.com/magazine/solved-crypto-janky-ux-problem-intents-passkeys-chain-abstraction/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound