Author: Digicoinvision
The partnership between Aptos and Bitso will allow the blockchain, which caters to cost-conscious users, to access Latam stablecoin markets that handle billions in transactions. Aptos aims to capture a share of the U.S.-Mexico corridor activity, which involves millions of transactions made by numerous users. Aptos Partners With Bitso to Enter the Stablecoin Market in […]
Rapper Kanye West’s newly launched YZY token on Solana rocketed up to $3 billion in value just 40 minutes after its launch, but concerns over insider sales dented a large portion of the gains. In a Thursday X post, West, who officially goes by Ye, shared the contract address along with the website for Yeezy Money, which he describes as “A NEW ECONOMY, BUILT ON CHAIN.”The website describes YZY as a currency to power transactions within “YZY MONEY,” a ”financial system built on crypto rails.” In a later post, West was seen saying, “the official YZY token just dropped.”Source: Kanye WestWithin…
In a recent address, pro-crypto Senator Cynthia Lummis revealed her efforts to expedite the passage of a crucial piece of legislation known as the Market Structure Bill. This initiative follows the recent enactment of several significant laws, including the GENIUS Act, the CLARITY Act, and the Anti-CBDC bills, all aimed at shaping the future of digital assets in the United States. Keys Behind The Responsible Financial Innovation Act Since the House of Representatives passed these key crypto bills last month, the Senate Banking Committee has been crafting its version of a comprehensive regulatory framework for cryptocurrencies. Under the leadership of…
Join Our Telegram channel to stay up to date on breaking news coverage Wyoming has become the first US state to issue a stablecoin with the launch of its Frontier Stable Token (FRNT). FRNT will be backed by short-duration US Treasury bills and dollars, with a statutorily mandated 102% reserve requirement ensuring the stablecoin is overcollateralized. “This historic move marks Wyoming as the first public entity in the United States to issue a blockchain-based stable token,” the Wyoming Stable Token Commission, a body authorized by the state to issue the stablecoin, said in an Aug. 19 announcement. Wyoming Stablecoin Has…
Chainlink (LINK) is attempting to reclaim a crucial area after recovering 10%, surpassing most of the market in the past day. Some analysts suggested that the altcoin is ready to break out to new highs, but warned that a rejection from the current levels could lead to volatile retests. Related Reading Chainlink Reclaims Key Levels On Wednesday, Chainlink led the crypto market as it started to recover from the recent pullback, which saw most cryptocurrencies retest their range lows for the first time in two weeks. LINK recorded the second-best performance among the top 100 cryptocurrencies, with an 11% increase…
1. Introduction Ethereum Community, Ethereum’s future is bright. Over the last 12 months the Ethereum community — a global collection of developers, entrepreneurs, researchers, and passionate users — has made tremendous progress. Every week, new applications built on Ethereum launch to mainnet, scalability solutions come online, and ETH 2.0 moves closer to key milestones. Ethereum remains the de-facto platform for decentralized applications, and is used every day to secure billions of dollars in digital assets. The Ethereum Foundation’s team is thrilled to see the progress happening across the community. We have worked to support the ecosystem since Ethereum’s earliest days…
Key Takeaways HYPE dropped by 16%, with technicals suggesting that an extended pullback could offer more shorting opportunities. Hyperliquid [HYPE] has been offering juicy swing trading opportunities within its $36-$50 price range in Q3. In fact, at the time of writing, short sellers were up 16% after a price rejection at the range-high of $50 in mid-August. Still, the bears could pocket extra 16% gains if HYPE’s pullback extends to the range lows at $36. There may be nuances for bears and long-term spot buyers seeking a discounted window though. Supertrend flashes firm ‘sell’ Source: HYPE/USDT, TradingView On the 4-hour…
Bitcoin Magazine The Secrets Behind Matt Odell’s Bitcoin Empire Matt Odell, Bitcoin entrepreneur, podcaster and venture capitalist, sat down with Bitcoin Magazine for an exclusive interview to discuss the future of the industry and the insights behind his success. Famous for having deleted his Twitter account with over 250,000 followers to move full-time to Nostr, the open source Bitcoin-powered social media protocol, Odell has had a long-lasting impact in Bitcoin culture and the industry. Having started a popular Bitcoin podcast called Citadel Dispatch, where he has interviewed industry leaders weekly since late 2020, Odell is credited with iconic Bitcoin memes…
A major Bitcoin whale who has diamond-handed Bitcoin for the last seven years sold off some of its bag to open a long position in Ether (ETH), joining a recent wave of Bitcoin whales opening up to Ethereum. The OG whale sold 670 Bitcoin (BTC) for $76 million on Wednesday, then used those funds to go long across four positions, totaling 68,130 ETH, Lookonchain said in an X post on Thursday.Before the sale, the whale had 14,837 Bitcoin worth over $1.6 billion, dating back to purchases from crypto exchanges Binance and HTX over seven years ago.It came only a week after…
The Trump family’s decentralized finance project, World Liberty Financial, has minted more than $200 million worth of its stablecoin hours after a speech by Federal Reserve Governor Christopher Waller praising stablecoins. World Liberty posted to X on Thursday that it minted $205 million worth of the platform’s stablecoin, USD1, for its treasury, boosting its supply to a record high of $2.4 billion in the token’s first significant increase since late April.Since it was launched in early April, the Trump family-backed stablecoin has become the world’s sixth-largest in terms of market capitalization, led by Tether’s $167 billion-strong Tether (USDT) with a 60%…