Insights
Fidelity Investments has introduced zero-fee retirement plans that offer exposure to major cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. These plans are available to US citizens over 18 in states supported by Fidelity Digital Assets for…
Ripple has recently integrated RLUSD into its cross-border payments platform, Ripple Payments, following a 118% monthly growth in its market cap. This move expands the utility of US-pegged RLUSD within Ripple’s global transaction infrastructure and…
Following President Donald Trump’s announcement of reciprocal tariffs against every country with a trade relationship with the US, major markets experienced a significant spike in volatility. This included the crypto market, where Bitcoin initially climbed…
Pump.fun, the Solana-based launchpad known for its viral token launches, has unveiled a new onchain lending protocol called Pump.Fi. This platform allows users to borrow crypto to purchase memecoins and NFTs, with an upfront payment…
Compound Finance, a popular DeFi lending protocol on Ethereum, is considering creating a dedicated foundation to enhance operations and support long-term development. With $2.5 billion in total value locked, Compound is a significant player in…
First Digital Trust (FDT) has denied the insolvency allegations made by Tron founder Justin Sun regarding its stablecoin, FDUSD. FDT stated that its stablecoin is fully backed with US Treasury bills and that all FDUSD…
Grayscale has recently introduced two new Bitcoin exchange-traded funds (ETFs) aimed at generating income from Bitcoin’s volatility. The Grayscale Bitcoin Covered Call ETF (BTCC) focuses on writing call options close to Bitcoin’s spot price to…
The Chinese government is looking to enhance the security of its credit information systems by integrating blockchain technology. This move is part of a broader effort by the National Development and Reform Commission (NDRC) to…
The United States federal deficit is on track to reach $1.9 trillion in fiscal year 2025, a figure that is 2.4 times larger than China’s projected shortfall. The US Treasury recorded a $1.15 trillion deficit…
BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has experienced rapid growth, surpassing $1.92 billion in assets under management within a short period of time. This achievement places it among the top stablecoins in the market,…