In a major update to the decentralized finance (DeFi) world, MakerDAO has rebranded its Maker Protocol as “Sky,” signalling a fresh direction for the prominent DeFi platform. This rebranding introduces key changes, most notably the renaming of the decentralized stablecoin Dai (DAI) to USDS and the transformation of the governance Continue Reading
Billion
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Crypto News
MakerDAO has rebranded its Maker Protocol as “Sky,”
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crypto crime
Leader of $14 Billion Crypto Pyramid Scheme Finally Caught!
China extradites $14 billion crypto scam mastermind Zhang Moumou, who led a scheme defrauding 10 million victims. A significant win in China’s crackdown on crypto fraud.
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Crypto News
Mt. Gox Bitcoin Holdings Decline Significantly Since 2021
According to PANews, monitoring data from Arkham reveals that since early 2021, the Mt. Gox wallet has seen a substantial reduction in its Bitcoin holdings. Initially, the wallet held 141,690 Bitcoins, reaching a peak market value of $10.12 billion in March 2024. Currently, the Mt. Gox wallet holds 32,900 Bitcoins, Continue Reading
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Crypto News
BTC And ETH Options Set To Expire Amid Market Calm
According to Odaily, Greeks.live macro researcher Adam posted on the X platform that 18,000 BTC options are about to expire, with a Put Call Ratio of 0.83 and a maximum pain point of $60,000, amounting to a nominal value of $1.12 billion. Additionally, 140,000 ETH options are nearing expiration, with Continue Reading
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Crypto News
Crypto Market Surges as Bitcoin Dominance Rises
The global crypto market cap hits $2.25T with a 4.68% increase. Bitcoin dominance rises as trading volumes surge across the board
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Crypto News
Tether’s $3B USDT Mint in a Week: Where Did It Go?
Tether minted $3 billion USDT in a week, with $3.22 billion flowing to major exchanges. Discover where the liquidity went and what it might mean for the market.
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Crypto News
Stablecoin Market Cap Reaches Record High Of $165 Billion
According to BlockBeats, on August 21, CryptoQuant announced on social media that the total market capitalization of stablecoins has reached a historic high of $165 billion. This increase is often seen as an indicator of potential price rises in Bitcoin and other cryptocurrencies.
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Crypto News
Bank Of Japan Plans Significant Bond Purchases
According to Odaily, the Bank of Japan has announced its intention to purchase a substantial amount of Japanese government bonds. The central bank plans to acquire 375 billion yen worth of 3-5 year government bonds, 350 billion yen of 1-3 year government bonds, and 400 billion yen of 5-10 year Continue Reading
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Crypto News
AI-Themed Crypto Tokens Experience Significant Decline
According to Bloomberg, the artificial intelligence (AI) trade in the cryptocurrency market has experienced a significant downturn after showing substantial gains earlier in the year. This decline contrasts sharply with the ongoing strength of AI-related investments in the equity market. Vice Tokens associated with AI-themed blockchains, such as Near Protocol, Continue Reading
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Crypto News
Tether Treasury Mints 1 Billion USDT on Tron Blockchain
According to Odaily, blockchain data tracking service Whale Alert has reported that Tether Treasury has minted an additional 1 billion USDT on the Tron blockchain. Tether’s CEO, Paolo Ardoino, clarified that this minting is an authorized but unissued transaction. This means that the newly minted USDT will be used for Continue Reading
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BITCOIN
Bitcoin ETFs Pull In $32.58M Despite GBTC’s Huge Outflow
Bitcoin ETFs saw a $32.58M net inflow, with Fidelity’s FBTC leading the charge. Despite a $195.22M outflow from GBTC, the market remains strong with $7B traded
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Trading
$LEVER Rockets Over 20% Amidst Surging Volume
LEVER Perpetual (LEVER/USDT), experienced a dramatic surge in its price on the 1-hour chart today. The cryptocurrency jumped by over 20%, from 0.0016000 to 0.0019939,
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Crypto News
Crypto Market Rises to $2.08T, Bitcoin Dominance Hits 56.31%
The global crypto market is showing positive momentum, with the total market capitalization climbing to $2.08 trillion, reflecting a 0.66% increase in the last 24 hours.
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Ethereum
Ethereum ETFs See $15M Outflow as ETHE Takes a Major Hit
Ethereum ETFs saw a significant shake-up on August 16, with total net outflows reaching $15 million. The day’s trading activity highlighted the volatility in the crypto ETF market
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Altcoin
DOGS Tokens Ready for Redemption on Telegram and CEX
DOGS tokens are now available for redemption on Telegram wallets and CEX, with trading on OKX starting August 20. Discover the key details and deadlines.
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Crypto News
Trump’s 2024 Plan Includes Crypto Advocate Howard Lutnick
Donald Trump’s choice of Howard Lutnick, a crypto advocate, for his 2024 transition team hints at a potential pro-crypto administration. Here’s what it means.
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CRYPTO Regulation
Binance Re-enters India with $2.25 Million Compliance Fine
Binance settles a $2.25M fine with Indian authorities, paving the way to re-enter India’s $4B crypto market. This move signals big changes ahead.
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Crypto News
Goldman Sachs Bets $418M on Bitcoin ETFs
Goldman Sachs Makes a Big Bitcoin Bet Bitcoin When you think of Goldman Sachs, Wall Street, and traditional finance come to mind. But the financial titan is making a significant pivot, diving headfirst into the cryptocurrency world. In a surprising turn, Goldman Sachs recently disclosed that it holds a staggering Continue Reading
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BITCOIN
Bitcoin is up over $10K from it’s recent low of $49K
#Bitcoin is already up over $10,000 from it’s recent low of $49,000. Discover the factors, trends, and future predictions driving this surge.
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Blockchain
The Ins and Outs of NFT Market Growth Rate
Discover the explosive NFT market growth rate, key players, and factors driving adoption. Learn about future trends and investment opportunities.
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BITCOIN
Bitcoin Soars to $61K, Filling Key CME Gap Midway
Bitcoin Breaks $61K as Japanese Firm Secures ¥1 Billion Loan for BTC Bitcoin continues its bullish momentum, soaring past $61,000 with a 10.67% rise today. This rally follows the successful partial filling of the CME Gap, which lies between $59,400 and $62,550. ORDI The CME Gap’s Significance The CME (Chicago Continue Reading
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Altcoin
How the Court Decided: XRP is Not a Security
Discover how the court ruled on “is xrp a security” and its impact on cryptocurrency regulation and the crypto industry.
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Altcoin
Experts Reveal How to Predict Cardano Price in 2025
Discover expert insights on cardano price prediction 2025, factors influencing price, and potential scenarios for ADA’s future value.
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Crypto News
XRP Rockets Up: Ripple’s Court Victory Sparks Rally
Ripple Labs, the company behind the XRP token, has finally seen a significant ruling in the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The court’s decision to slash the SEC’s claims from a staggering $2 billion to $125 million is seen as a major victory for Continue Reading
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Altcoin
Ripple’s Big Win: Court Ruling Slashes SEC’s Claims
Discover the latest ripple news sec: Ripple’s big win in court slashes SEC’s claims, impacting XRP price and future regulatory clarity.