Ethena Labs’ USDtb Stablecoin Launches to Strong Market Reception
TL;DR Ethena Labs launched its BlackRock-backed stablecoin, USDtb, on December 16, 2024, amassing $65.4 million in TVL within the first 24 hours. USDtb is designed...
Tag : Market
Spot Bitcoin ETFs Inflows Hit $598M With 11-Day Streak
TL;DR Spot Bitcoin ETFs recorded $598 million in net inflows marking an 11-day streak of consecutive growth, with BlackRock’s IBIT contributing $432 million in a...
Tom Lee Asserts That Bitcoin Will Reach $250,000 in 2025
TL;DR Bitcoin leads the optimism in the crypto market for 2025, after reaching a new all-time high of $104,000 and recording an annual increase of...
XRP Under the Radar of Whales: What’s Happening?
TL;DR Whales have taken advantage of the recent XRP correction, purchasing more than 100 million tokens, showing confidence in its long-term potential. XRP has recovered,...
Russia Eyes Bitcoin Reserve to Enhance Financial Stability Amid Sanctions
TL;DR Russian Deputy Anton Tkachev has proposed establishing a strategic Bitcoin reserve to enhance financial stability and counter economic sanctions. Tkachev argues that Bitcoin’s decentralized...
Historic $200 Billion Milestone for Stablecoins Driven by High Onchain Yields
TL;DR The total market capitalization of stablecoins has surpassed $200 billion for the first time, driven by a 13% increase over the past month and...
Bitcoin’s Supercycle: Economist Alex Kruger Explains the Unique Market Cycle
TL;DR Economist Alex Kruger asserts that Bitcoin is in a “supercycle,” a prolonged period of sustained growth driven by fundamental changes rather than speculative hype....
Bitcoin: Massive Capital Flow into ETFs Following Trump’s Victory
TL;DR Nearly $10 billion has flowed into Bitcoin ETFs since Trump’s victory, boosting total assets under management to around $113 billion. Trump has changed his...
Ethereum Gaining Strength in the Crypto Market: Investors Aim for New Highs
TL;DR Interest in Ethereum grows, with expectations that it will surpass its all-time high from 2021, driven by Bitcoin’s rise to $100,000. ETH ETFs in...
Bitcoin ETFs Surpass Satoshi Nakamoto and Become the Largest BTC Holders
TL;DR US spot Bitcoin ETFs have surpassed Satoshi Nakamoto, becoming the largest BTC holders in the world with 1,104,000 BTC. These products have generated strong...