According to a report released on November 27 by CCData, stablecoin trading volume surged 77.5% this month, reaching $1.81 trillion as of November 25. This figure places November as the most active month for stablecoin trading on centralized exchanges this year.
Cryptocurrencies, including stablecoins, still only pay for 0.2% of online commerce transactions globally, according to the report.
21Shares added four ETPs to its Europe offerings as crypto fund issuers flooded the region with more digital asset investment products.
Paradoxically, one of crypto's biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies.
Stablecoins trading volume saw a sharp increase, placing monthly volumes on exchanges on track to new highs in 2024.
Animoca Brands joined the second strategic round for Igloo, Inc., the parent company of the Pudgy Penguins NFT collection and physical items brand.
The stablecoin market has not only recovered but thrived, showcasing remarkable resilience and adaptability.
The market cap for stablecoins surged 9.94% in November, according to CCData report. This marks the fourteenth consecutive monthly increase in the stablecoin market cap and the highest month-to-month increase since November 2021.
In the rapidly evolving world of crypto marketing, flashy campaigns are no longer enough.
OKX collaborates with Forteus and Komainu to facilitate 24/7 crypto trading. Komainu ensures secure custody and off-exchange settlements for Forteus on OKX.
Stablecoins have achieved a record market value amid optimism about their use in cross-border payments. The market capitalization for the digital, dollar-pegged currencies has jumped 46% this year to a record $190 billion, Bloomberg News reported Wednesday (Nov. 27), citing DeFiLlama data.
Morocco, which banned cryptocurrencies in 2017, is preparing to reverse course with a bill aimed at legalizing and regulating all digital assets. This historic decision, announced by the governor of Bank Al-Maghrib, Abdellatif Jouahri, marks a major turning point in the kingdom's policy toward digital currencies.
The tripartite agreement ensures Forteus can trade 24/7 on OKX's platform while maintaining segregated custody of its digital assets with Komainu.
Zhao urged the community to prioritize building real-world applications rather than speculative tokens.
U.S. Securities and Exchange Commission Chair Gary Gensler is all set to step down in January 2025. Gensler, known for his tough stance on cryptocurrencies, led a crackdown on the industry, but his departure signals a potential shift in regulatory direction.
TL;DR The stablecoin market capitalization reached $190 billion in 2024, growing 46% and surpassing pre-TerraUSD collapse levels. Tether leads the market with $133 billion in circulation, while expanding USDT usage in traditional sectors like commodities.
Amid the renewed meme coin boom, former Binance CEO and founder Changpeng “CZ” Zhao has dished out stunning criticism for the asset in a new tweet. Zhao described meme coins as growing a “little weird” and urged the blockchain community to focus on building “real applications using blockchain.
Heavyweights like Coinbase, Andreessen Horowitz, and Ripple donated tens of millions of dollars to the Fairshake PAC to defeat anti-crypto legislators.
The crypto market is experiencing a robust surge, sparking investor optimism. Amid this bullish momentum, several affordable crypto to buy are potential opportunities for substantial gains.
As Bitcoin price trades above $94,000, several altcoins are poised to deliver massive returns in the near future. With December on the horizon, the following five altcoins to watch —Fantom (FTM), Minotaurus (MTAUR), CHILLGUY, THENA (THE), and XRP—are gaining significant attention due to their strong fundamentals, key partnerships, and market momentum.
Held in Malta, the awards bring together artists and NFT pioneers to celebrate the “fusion of creativity and intellect” in the space.
The VC firms sued in a California case were active in DAO management, much like general partners, said the court. They could face hefty lawsuits.
TL;DR Cryptocurrency gains are enabling low-income households to access larger mortgages, particularly in areas with high exposure to crypto assets. Between 2020 and 2024, the average mortgage balance in these areas increased from $172,000 to $443,000, accompanied by higher debt levels in loans and credits.
Rarimo, a zero-knowledge identity protocol, has secured $2.5 million in funding, with backing from Ethereum co-founder Vitalik Buterin. With $2.
Watford's collaboration with Cointelegraph reinforces the club's commitment to crypto, marking a new milestone in its crypto journey, which began in 2019.
Today, as promised we continue on the Altcoin Buzz investment philosophy. It's helped many people, including many of you, match or beat the market.
The CFTC is poised for a leadership change, with candidates being considered to replace Rostin Behnam as chair under the Donald Trump administration.
A summary of the Fed's November meeting minutes was published on Tuesday, with Fed officials expressing confidence that inflation is falling and that future interest rate decreases might be gradual.
Oracle Corporation has initiated legal action against Crypto Oracle LLC and its owner, Louis Kerner, in a California federal court.
In a recent X post, the Changpeng ‘CZ' Zhao shares his thoughts on the use of AI tagging on-chain and why AI integration would be beneficial for crypto moving forward. On Nov.
Reports indicate that President-elect Donald Trump's incoming administration is considering a significant shift in crypto regulation.
Blockchain payments firm Partior has added Deutsche Bank as an investor in its Series B round, raising the total funding to $80 million.
Iran is gearing up to launch its digital rial CBDC to modernize its financial system and counter international sanctions, leveraging blockchain technology and strategic partnerships.
Blockchain aggregators like Layer3, Intract and Playa3ull aim to break up the power of centralized social media and search.
Starting on November 27th, 2024, traders can buy BFUSD and enjoy rewards on their balances. Think of it as earning while you trade.
TL;DR Kraken is closing its NFT marketplace, transitioning to a withdrawal-only mode from November 27, 2024, until the final shutdown on February 27, 2025. The closure is part of Kraken's strategy to reallocate resources towards new and more promising initiatives, reflecting its commitment to innovation.
Jim Cramer, the outspoken host of CNBC's “Mad Money,” took time on November 26 to address the public's reaction to his recent comments about cryptocurrencies. Opening with reflections on his recent series about market froth and excess, Cramer reminded viewers of the importance of securing gains in a volatile market.
To facilitate a smooth rollout, Russia's Ministry of Industry suggests a two-year transition period for retailers to adopt digital ruble payments due to infrastructure concerns. The post Russian Ministry of Industry Proposes Two-Year Transition Period for Digital Ruble Adoption appeared first on Cryptonews.
Oracle Corporation has filed a lawsuit against Crypto Oracle for trademark infringement allegations. The two firms initially faced a legal battle for similar reasons in 2019.
Stablecoin market capitalization rose to $190 billion this month, surpassing the pre-crypto winter peak of April 2022, CCData reported. The crypto rally this year and particularly since the U.S. presidential election fueled demand for stablecoins, which are widely used for trading.
Attorneys representing Jones Eagle LLC, the operator of a crypto mining center, filed for a temporary restraining order (TRO) along with a preliminary injunction. US authorities began to listen to the crypto entity even before Trump's January inauguration.
iFi Map, a leading decentralized physical infrastructure network (DePIN) company, has reached 190 million users globally
The UK's Financial Conduct Authority (FCA) plans to implement comprehensive cryptocurrency regulations by 2026, focusing on transparency, market abuse, and decentralized data disclosure while fostering innovation in the growing digital asset sector.
Donald Trump's incoming administration is mulling handing over the regulation of crypto exchanges and spot markets for cryptocurrencies deemed commodities to the Commodity Futures Trading Commission (CFTC).
From August till November, the short-term exponential moving averages (13 and 25) showed positive spreads. Ever since September, the medium-term exponential moving average (50) has served as a support amid pullbacks.
Low-income households in the United States are turning crypto profits into opportunities for homeownership, as revealed by a Nov. 26 report from the Office of Financial Research (OFR), a US Treasury Department research arm. Samuel Hughes, Francisco Ilabaca, Jacob Lockwood, and Kevin Zhao conducted the study based on tax data.
The altcoin season index grew by 10 points overnight, as Bitcoin (BTC) simultaneously stepped back from its record range. With BTC now down to $92,000, altcoins have automatically claimed a larger share of the market.