Big Cap
MicroStrategy, a publicly traded company holding $13.3 billion in Bitcoin (BTC), has announced a private placement of $600 million in convertible bonds targeted at institutional investors. The company intends to utilize the proceeds to purchase additional BTC. MicroStrategy Issues $600 Million in Bonds to Acquire More Bitcoin. Image: Blockworks
Big Cap
Tether (USDT), the largest stablecoin in the crypto industry, has for the first time achieved a market capitalization exceeding $100 billion, driven by surging investment demand from the market. Tether (USDT) Supply Surpasses $100 Billion. Image: Decrypt On the morning of March 5th, amidst Bitcoin surpassing $68,600 and nearing
Big Cap
More than 31.5 million ETH, valued at $115 billion, is currently staked on the Ethereum Beacon Chain, equivalent to nearly 26% of the network's total supply. ETH staking on Beacon Chain continues to set new highs Data from Dune Analytics reveals that over 31.5 million Ether
Big Cap
The world's largest cryptocurrency, Bitcoin, faced a wave of profit-taking from investors immediately after reaching the all-time high (ATH) of $69,000 for the first time in over 2 years. Bitcoin dumps $5,500 after returning to ATH of $69,000 On the evening of March 5th, Bitcoin
defi
Liquid Restaking protocol ether.fi has recently secured an agreement to delegate $600 million worth of ETH to ensure the security of the Omni Network. Partnership Details Omni Network is designed to help Ethereum Rollups scale, communicate, and reduce latency. Both Omni and ether.fi have committed to using EigenLayer’
defi
In a recent development, Ethena, the project behind the USDe stablecoin, has announced a preliminary proposal to integrate sUSDe into the Aave V3 platform. Proposal Details The proposal, currently in the form of a Temperature Check (a preliminary opinion poll), was posted on the Aave discussion forum on the evening
Big Cap
Bitcoin is currently consecutively setting new all-time highs (ATH) when paired against various national fiat currencies, including the British pound, euro, South Korean won, Japanese yen, Chinese yuan, and even the Vietnamese dong. Bitcoin Hits New ATH in GBP, EUR, and Many Asian Currencies. Image: Reuters Bitcoin (BTC), the largest
defi
The price of Uniswap’s governance token UNI continues its impressive rally as the decentralized exchange (DEX) opens voting on a proposal to share revenue with users staking UNI. Background on the Proposal As reported by Coin68, Uniswap recently proposed a groundbreaking idea in the DeFi space: sharing fees with
NFT & GameFi
MixMob, the racing game, has announced the acquisition of rights to use the iconic Original Stormtrooper imagery from the 1977 film "Star Wars: A New Hope." MixMob secures rights to use Stormtrooper icon from Star Wars The license permits MixMob to integrate the iconic Star Wars imagery into
defi
Decentralized derivatives exchange SynFutures has announced the launch of its V3 version on the newly deployed layer-2 network Blast. This news, shared today (March 1), coincides with Blast's mainnet rollout, allowing users to withdraw staked ETH since November last year. Key Updates Alongside the V3 launch, SynFutures unveiled
Big Cap
Based on data from Token Unlocks, the cryptocurrency industry in March 2024 will witness over $2.8 billion worth of tokens being released into the market. Among these, Arbitrum (ARB), Aptos (APT), dYdX (DYDX), and ImmutableX (IMX) are the projects unlocking the largest amounts of tokens during this period. Noteworthy
Big Cap
JPMorgan has indicated that the price of Bitcoin could drop to around $42,000 after the upcoming halving event in April. JPMorgan Predicts Bitcoin to Fall to $42,000 after Halving. Photo: HWZ According to analysis from several JPMorgan experts, the upcoming halving event scheduled for April could significantly trigger
