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Avalon Labs is evaluating the launch of a bitcoin-backed public debt fund, exploring its alignment with SEC Regulation A. U.S. SEC Framework Could Provide Structure for Bitcoin-Backed Debt Fund Avalon Labs is pioneering efforts to expand bitcoin’s role in the financial sector by exploring a regulated bitcoin-backed public debt fund. According to a post on … Read more
Metrics reveal Ripple’s newly minted stablecoin, RLUSD, has eclipsed the $100 million threshold mere weeks after its mid-December 2024 debut. RLUSD Supply Climbs to 108M As of Feb. 12, 2025, the broader stablecoin arena boasts a valuation of $224.367 billion. While RLUSD’s slice of this financial pie remains extremely modest, its trajectory shows steady momentum, … Read more
Much of the revenue was generated in November which topped $367 million or nearly $100 million more than the revenue generated in the entire previous quarter. Application Revenue on Solana Shoots up 213% Several so-called “Ethereum Killers” like Cardano and EOS have come and gone, but thus far, only Solana has given the “world computer” … Read more
Alexander Vinnik, a jailed Russian IT specialist and operator of the defunct crypto exchange BTC-e, is set to return to Russia as part of a prisoner exchange that has allowed school teacher and former diplomat Marc Fogel to return to the U.S. Vinnik Avoids 20-Year Prison Sentence Jailed Russian IT specialist and operator of the … Read more
The altcoin market has shed $234 billion over the past two weeks, marking one of the largest devaluations in history. While bitcoin has remained volatile, it has shown resilience compared to the widespread sell-off across the broader crypto landscape. Altcoin Market Cap Sees Historic Drop The altcoin sector has suffered a severe downturn, with its … Read more
Bitcoin ETFs faced a net outflow of $56.76 million, while ether ETFs enjoyed a net inflow of $12.57 million, highlighting divergent investor sentiments. Bitcoin ETFs See $56.76 Million Outflow With Ether ETFs Attracting $12.58 Million Inflow The daily trading action of crypto exchange-traded funds (ETFs) on Tuesday, Feb. 11 saw contrasting fortunes for bitcoin and … Read more
Bitcoin ETFs saw $186 million in outflows on February 10, while ether ETFs recorded $22 million in withdrawals after a strong run of inflows. Bitcoin and Ether ETFs Experience Notable Outflows The start of the week brought a shift in sentiment for crypto exchange-traded funds (ETFs). On Monday, Feb. 10, bitcoin ETFs recorded a net … Read more
NYSE Arca has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Cardano Trust, paving the way for the first U.S. exchange-traded fund (ETF) tied to Cardano’s ADA cryptocurrency. Proposed Grayscale Cardano ETF Moves Forward With NYSE Arca Filing The 19b-4 form filing, submitted under … Read more
Crypto exchange, Gate.io has signed a multi-year partnership with Oracle Red Bull Racing, with the collaboration aiming to accelerate crypto adoption. Gate.io Partners with Red Bull Racing for Increased Crypto Visibility in Formula 1 Gate.io, a global crypto exchange has announced an exclusive partnership with Oracle Red Bull Racing, the eight-time championship-winning Formula 1 team. … Read more
Not too long ago, transaction fees on the Bitcoin blockchain stood notably higher than they do now. A low-fee window is prime for consolidating or moving UTXOs (unspent transaction outputs) to optimize costs and ready yourself for times when fees increase. Now’s the Moment to Optimize Your Bitcoin UTXOs Before Fee Hikes In a high-fee … Read more
