According to Hayes, the 90-day correlation between Bitcoin and the Nasdaq-100 rose to a new record peak.
Musk has shown how much value he places on meme coins with his advocacy for Dogecoin to be added as a payment option to the social media giants’ exclusive services.
Terra has accumulated a total of 39,897.98 Bitcoin worth $1.7 billion over the last month as part of its strategy to build a $10 billion BTC reserve for its UST stablecoin.
This initiative means that users will be able to directly trade UST against the Avalanche tokens on the Avalanche blockchain.
Robinhood said that it will be activating crypto wallets for its 2 million waitlisted customers widening its wallet access and crypto transfers.
The Synapse Network team has compared its token burn to the famous Crypto.com event that saw billions worth of CRO removed from circulating supply.
As per the deal, Bakkt will allow American Bank customers to buy, sell, and hold the two biggest digital assets – Bitcoin and Ethereum.
Linqto, a company that trades private equity for crypto companies, before public listing, said that it has sold $50 million of stocks for Ripple Labs. This happened despite Ripple’s ongoing case with the US SEC.
OpenSea is committed to bringing more global NFT users together under one platform.
The Sandbox plans to hire and acquire in large numbers, as Sebastien Borget, Chief Operating Officer and co-founder, asserted in a press conference in Lisbon.
It does not come as a surprise that Goldman Sachs is lending support for Ethereum as the digital currency is arguably one of the most revolutionary digital tokens around today.
Boba Network has now entered unicorn status with a valuation more than $1.5 billion from a recent funding round without a lead investor.
The new Celo Connect campaign seeks to offer the development of high-quality Celo on- and off-ramps globally.
The inclusion of Shiba Inu in BTMs has been touted as a huge step for the adoption and popularity of the meme coin.
US regulators’ attention has been focusing on stablecoins for some time. The regulatory attention grew when the President’s Working Group on Financial Markets issued a report that called for the restriction of the stablecoin issuance.