Binance Stablecoin Reserves Hit $28B As Institutional Interest Surges

Binance’s stablecoin reserves on ERC-20 have reached an all-time high of $28 billion, signaling increased confidence and activity in the cryptocurrency market. This milestone reflects broader trends in 2024, a year marked by significant institutional participation and rising average deposit sizes across major exchanges. Stablecoin Reserves (ERC-20) on Binance Hit All-Time High by $28.0B “Rising … Read more

US Spot ETFs: A Game-Changer For Bitcoin And Ethereum

The launch of Spot ETFs for Bitcoin and Ethereum in 2024 has provided traditional investors with a seamless way to access the cryptocurrency market. This development has driven significant wealth inflows, but the impact varies between the two leading digital assets. Assets Under Management (AUM) Growth   Bitcoin Spot ETFs have seen remarkable growth in Assets … Read more

Whales Capitalize On $LINK And $ONDO As Prices Soar

The price of $LINK surged by an impressive 36% today, drawing significant activity from crypto whales. In the past 12 hours, one whale purchased 269,861 $LINK tokens worth $6.68 million. This included a $2.6 million buy of 107,838 $LINK at $24.1 on decentralized exchanges, while an additional 162,024 $LINK ($4.08 million) was withdrawn from Binance. … Read more

Australian Fortlake Asset Management Taps Chainlink, Backed, and Sonic for Inaugural Fund Tokenization

The three crypto firms are gearing up to tokenize Fortlake’s Sigma Opportunities Fund. Chainlink, Backed, and Sonic To Collaborate With Australian Fortlake for Fund Tokenization Australian investment firm Fortlake Asset Management is seeking to enter the digital asset space by recruiting three crypto firms – Chainlink, Backed, and Sonic (formerly Fantom) – to tokenize its … Read more

Cryptocurrency Pioneer Bitcoin Taps $100,000

Bitcoin (BTC), the first and leading cryptocurrency, has crossed the $100,000 threshold, marking a pivotal moment in its 15-year history. From Pennies to $100,000: Bitcoin’s Remarkable Evolution Since its inception in 2009, bitcoin has seen dramatic price fluctuations and a steady rise in adoption. Initially traded for less than a penny, bitcoin’s value journey has … Read more