Introduction of the Executive Order U.S. President Donald Trump has officially issued a long-anticipated executive order aimed at shaping the future of cryptocurrency in America. This directive instructs his administration to create favorable policies that support the growth of the digital assets sector and to work towards building a “digital asset stockpile.” A New Era…
Introduction to YZi Labs Binance Labs, the investment arm of the cryptocurrency powerhouse Binance, has undergone a significant transformation. Now rebranded as YZi Labs, this new venture marks a shift in focus and leadership, with Changpeng “CZ” Zhao, the former CEO of Binance, taking an active role in its operations. A Shift from Venture Capital…
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…
