Crypto

Enjoyed this article? Share it with your friends! Cango has secured $75.5 million in new funding as it prepares to shift its operations toward artificial intelligence (AI) and high-performance computing. The company plans to use its existing global Bitcoin BTC $68,134.66 mining sites to support distributed computing for AI workloads. The funding comes in two…

A Full Lifecycle Case Study of the PAXG/USDC Pool on Stabull By Jamie McCormick, Co-CMO, Stabull Labs The first article in the 15 part “Deconstructing DeFi” Series. ⸻ Tokenised gold presented a particularly demanding test. Gold is not a synthetic asset. Its price is discovered globally, across deeply liquid off-chain markets, and responds to macroeconomic…

Enjoyed this article? Share it with your friends! The National Credit Union Administration (NCUA) has released its first proposed rules under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The NCUA oversees more than 4,000 federally insured credit unions. These institutions serve about 144 million members and hold around $2.38 trillion in…

Key Takeaways: Ripple CTO Emeritus, David Schwartz, claimed that Bitcoin is a “technological dead end” and upgrades do not count towards its success. His words were made in the context of a discussion regarding decentralization, history of the XRP Ledger, and governance of Bitcoin. Schwartz cited previous incidents in Bitcoin and emphasized that market dominance…

Thailand is taking a major step toward integrating digital assets into its regulated financial markets.  The country’s Cabinet recently approved a proposal allowing digital assets, including cryptocurrencies and tokens, to be used as underlying assets in the derivatives and capital markets. The decision reflects a growing recognition that digital assets are evolving beyond speculative instruments…

Key Takeaways: Binance finished the implementation of Ripple USD (RLUSD) on XRP Ledger and open the deposit on February 12th Users still can not withdraw until the platform has significantly enough liquidity. This throws RLUSD into a wider open and appears to be the game increasingly crowded in the regulated stablecoin business. Another move to…

A major capitulation event  More pain?  The cryptocurrency market is reeling from one of the most violent capitulation events in its history. On-chain data confirms that Feb. 5 will go down as a historic day of pain for digital asset holders.  According to analytics firm CryptoQuant, investors locked in a staggering $3.2 billion in realized losses…

Today, a lot of people are starting to keep part of their savings in stablecoins. But there’s still a simple question many people have: how do you actually spend this crypto on everyday things like groceries, subscriptions, or travel? That’s where crypto cards come in. They let you spend stablecoins almost the same way you…

Bitcoin Cash price held near $500 as bulls battled intraday sell-off pressure. The altcoin could retest key resistance levels amid Bitcoin’s gains. However, Standard Chartered forecasts BTC could drop to $50k, and BCH will likely mirror this. Bitcoin Cash (BCH) price is demonstrating notable resilience, with bulls holding near the $500 mark as the broader…