Sonic Labs has canceled plans to launch a US dollar-pegged algorithmic stablecoin, opting instead to develop a United Arab Emirates dirham-denominated alternative. On March 22, Sonic Labs co-founder Andre Cronje said the... Read more »
On Friday, Bitcoin’s computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 EH/s set when February kicked off. Bitcoin’s Network Muscle Flexes... Read more »
Fidelity Investments director of global macro Jurrien Timmer believes that Bitcoin (BTC) has a “possible” path to surpassing gold in market value — but “not any time soon.” In a detailed social... Read more »
Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW... Read more »
Coinbase reactivates staking in South Carolina after the state drops its case, marking another major win as regulatory barriers to crypto innovation continue to collapse. Coinbase Resumes Staking in Another State as... Read more »
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and... Read more »
On-chain data shows that Ethereum’s continued price slide has pushed hundreds of millions in leveraged DeFi positions to the edge of liquidation. According to data from the DeFi analytics platform DefiLlama, around... Read more »
Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as... Read more »
Bitcoin (BTC) risks falling into a fresh bear market as a large collection of BTC price metrics has produced a “bearish divergence.” In a social media discussion on March 27, Bitcoin commentators... Read more »
Key Takeaways BlackRock’s Global Allocation Fund increased its holdings in IBIT by 91% to 821,664 shares as of January 31. The BlackRock Strategic Income Opportunities Fund also holds a significant number of... Read more »
