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During a CNBC interview, Paolo Ardoino, Tether’s chief executive, disclosed that the firm intends to introduce a new stablecoin for the U.S. market this year. Tether Preps U.S. Stablecoin Launch, CEO Says It Outpaces TradFi in Enforcement Commanding the world’s largest stablecoin, with $148.94 billion in circulation, Tether has plans to launch yet another stablecoin … Read more
The Ninjatrader purchase, originally announced in March, has now been finalized and Kraken has also disclosed a 19% increase in year-over-year revenue during the first quarter. Kraken Finalizes Ninjatrader Purchase, Discloses 19% Jump in Earnings Cryptocurrency exchange Kraken, has wrapped up its $1.5 billion acquisition of retail futures platform Ninjatrader, according to a press release … Read more
A new study finds that 68% of Americans have purchased bitcoin since President Trump announced reciprocal tariffs, surpassing gold buyers by nearly 24%. Americans Allocate More Funds to Bitcoin According to a new NFT Evening study, 68% of Americans have bought bitcoin ( BTC) since the U.S. President Donald Trump announced reciprocal tariffs. This figure … Read more
The $300 million ecosystem development fund by MEXC will drive blockchain innovation, support early-stage Web3 projects, and expand its role from crypto exchange to full-scale ecosystem builder. MEXC Advances Push Into Web3 Development With $300 Million Fund MEXC, a global crypto exchange, has announced a bold leap forward in its evolution by launching a $300 … Read more
The new entity will raise up to $250 million in capital with the sole purpose of accumulating bitcoin. Metaplanet Launches U.S. Operations With New Subsidiary Metaplanet, the Japanese bitcoin treasury firm that pivoted away from hotel development last year, has entered the U.S. market and set up a new wholly-owned subsidiary in Miami, Florida, according … Read more
Strategy, the corporate bitcoin treasury firm formerly known as Microstrategy, revealed plans for a $21 billion at-the-market (ATM) common stock offering to acquire additional bitcoin ( BTC), even as it reported a first-quarter net loss of $4.2 billion, or $16.49 per diluted share. Strategy Wants More Bitcoin The company’s net loss included a $5.9 billion … Read more
The bitcoin development community is divided over a proposal to remove certain guardrails designed to deter the use of its blockchain for storing arbitrary data (or ‘spam’). Some developers argue that this change will impact the future of bitcoin, while others assert that it is already happening. ‘Spam’ Drama Grows: Is Bitcoin Destined to Save … Read more
Ethena Labs will bring its USDe synthetic dollar and its staking counterpart, tsUSDe, to The Open Network (TON) blockchain, unlocking access to dollar-denominated savings for Telegram’s 1 billion users through self-custodial wallets starting in May 2025. TON Ecosystem to Support Ethena’s USDe for Dollar Savings and Staking Through a collaboration with the TON Foundation, USDe … Read more
Although bitcoin experienced pronounced price fluctuations in April, a long-dormant entity moved 200 BTC—marking its first transaction since Dec. 27, 2012. While that milestone alone is notable, what elevates the event’s intrigue is the origin of the coins: two separate Casascius physical bitcoin bars, each containing precisely 100 BTC. Historic Bitcoin Peel: Two Rare Casascius … Read more
The Stacks Asia DLT Foundation has partnered with EVG and Aspen Digital to accelerate the adoption of Stacks, the bitcoin layer two (L2) protocol, across Asia by tapping into high-growth markets, institutional networks, and localized outreach. New Alliance Aims to Ramp Up Bitcoin Adoption in Asia In a strategic move to deepen its reach across … Read more