Memecoin Market Faces $1.2B Selling Pressure Post-Bitcoin Peak
Memecoins experience $1.2 billion in selling pressure on Binance following Bitcoin's peak, as the market drops from $150 billion to $47 billion amid scams and saturation.
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Memecoins experience $1.2 billion in selling pressure on Binance following Bitcoin's peak, as the market drops from $150 billion to $47 billion amid scams and saturation.
Venezuela's USDT trading on Binance P2P reached $1.39 billion, surpassing 75% of the country's monthly oil export value, highlighting a shift in economic activity.
Morgan Stanley now offers Bitcoin, Ethereum, and Solana trading on E*Trade, allowing eligible customers to buy, sell, and hold these cryptocurrencies.
T. Rowe Price has introduced a new ETF providing exposure to Bitcoin and other cryptocurrencies, expanding its offerings in the digital asset space.
Visa has introduced a stablecoin platform supporting Open USD, allowing banks and fintechs to issue and manage digital dollars, intensifying competition with Circle.
A Bitcoin wallet inactive since 2017 has moved $383 million to a new address, with no coins sold yet.
Ether has surged, outpacing Bitcoin, as ETF investments return, primarily from BlackRock's fund. This marks a significant shift in crypto market dynamics.
Coinbase has integrated Solana trading on its platform, leveraging on-chain technology as the crypto market shows signs of recovery following a significant inflow.
SBI Global Asset Management has introduced the first tokenized Japanese equity fund on Solana, partnering with DigiFT to offer a high-dividend strategy for institutional investors.
Avalanche has signed an $11 billion tokenization deal with Bridgetower, boosting its real-world asset value to $2.1 billion, marking significant growth in the RWA sector.
Tether is entering the $11 trillion payroll market by leading a $7 million funding round for Pact Labs, aiming to integrate its USAT stablecoin into payroll systems.
JCB has signed an MOU with Circle to explore using USDC for cross-border treasury operations and merchant payments in Japan, marking a step towards regulated stablecoin adoption.