Agora, a prominent player in the blockchain governance sector, has announced its acquisition of Boardroom, a move that underscores its commitment to enhancing governance within the Ethereum ecosystem. This strategic acquisition comes amid a wave of optimism driven by President Trump’s promise of regulatory clarity for the blockchain industry, which is expected to spur renewed…
Bitcoin’s Unprecedented Trading Activity Bitcoin continues to make waves in the financial markets, achieving remarkable trading volumes that are capturing the attention of investors and analysts alike. On Wednesday, Bitcoin (BTC) recorded an astounding $130 billion in trade volume, marking one of the highest levels in its trading history. This surge in activity can be…
In this edition, Alec Beckman from Advantage Blockchain delves into the fascinating realm of stablecoins and their increasing relevance for financial institutions and advisors. Additionally, CK Zheng from ZX Squared Capital offers valuable insights on preparing for tax season in our “Ask an Expert” section. – Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly…
The Impact of Bridge.xyz’s Acquisition The recent acquisition of stablecoin platform Bridge.xyz by payment giant Stripe for a staggering $1.1 billion has created ripples in the crypto payments arena. This development has sparked interest in the next wave of stablecoin payment infrastructure providers ready to make their mark. One such contender is BlindPay, a company…
Daily Market Performance Snapshot In today’s update from CoinDesk Indices, we delve into the performance dynamics of the CoinDesk 20 Index, which showcases the leading cryptocurrencies and their recent price movements. As of the latest trading session, the CoinDesk 20 Index stands at 3809.52, reflecting a decline of 4.3% (-172.06) since the previous day’s closing…
Introduction to Animecoin Animecoin, the newly launched governance token associated with the popular NFT project Azuki, has made an impressive entrance into the cryptocurrency market. With a fully diluted valuation (FDV) of a staggering $1.2 billion, the token is currently trading at $0.12 on the HyperLiquid platform. Token Supply and Airdrop Details The total supply…
Positive Outlook for Bitcoin in 2025 In a recent report, Deutsche Bank (DB), one of Germany’s leading financial institutions, has expressed a bullish outlook for Bitcoin (BTC), the premier cryptocurrency. Analysts anticipate that Bitcoin’s price will remain elevated into 2025, bolstered by several key factors. Key Drivers Behind Bitcoin’s Surge Three major elements are expected…
Unprecedented Growth in Transaction Speed Ethereum layer-2 protocols are experiencing an extraordinary surge in transaction processing speeds, with Coinbase’s BASE leading this remarkable advancement. Recent data reveals that these protocols are achieving record levels of efficiency, allowing for swifter and more economical transactions. Record-Breaking Throughput Numbers According to insights from growthepie.xyz, the total transaction throughput…
Bitcoin’s Surge: A Promising Outlook Bitcoin (BTC), the leading cryptocurrency by market capitalization, is set to make waves in 2024. Analysts predict that Bitcoin could reach record highs on more than 70 days this year, a remarkable increase from last year’s figures, which saw just 23 record-setting days. If the current price trends continue to…
The Shift in the Digital Asset Landscape The recent election of Donald Trump heralds a transformative period for digital assets, marked by an increase in regulatory clarity and a notable uptick in market activity. Financial experts and investors alike are keen to discern whether this momentum is a lasting shift or merely a transient reaction…
