According to Kaiko’s data, Tether’s euro-pegged stablecoin (EURT) has consistently traded at a discount to the euro since November 2023. This has hindered its ability to compete with Circle’s EURC.
Discover how DeeStream (DST) is set to outperform Binance Coin (BNB) and XRP as investors analyze its potential impact on the industry.
Chainlink Labs and Protocol Labs have joined forces to enhance the Chainlink BUILD program, which aims to boost dApp development by aligning incentives across ecosystems. This partnership will provide members of the Chainlink BUILD program with a range of exciting perks and opportunities.
Invesco and Galaxy Digital have announced a reduction in fees for their spot Bitcoin ETF (BTCO). The fee has been lowered by 14 basis points, from 0.39% to 0.25%, in response to increasing competition. This move aims to attract more investors to their ETF and stay competitive in the market.
Despite a 22% dip in global NFT sales, Trump NFTs continue to gain popularity. The trading volumes for NFTs have been consistently declining for the third week of January, as reported by CryptoSlam.io. However, Trump NFTs remain in high demand, defying the overall market trend.
Examining the current pressures on XRP, alongside the increasing interest in Celestia and NuggetRush as revealed by data from whales.
In order to tackle regulatory reporting challenges, Binance, the primary shareholder of Korean cryptocurrency exchange Gopax, has announced plans to reduce its stake in the exchange within the next two months.
Polygon Labs, in collaboration with Arktouros law firm, has proposed a new regulatory framework that seeks to designate certain decentralized finance (DeFi) protocols as critical infrastructure crucial to the national and economic security of the United States. This groundbreaking proposal aims to recognize the importance of DeFi in the modern financial landscape and ensure its protection and stability within the regulatory framework.
According to Defi Llama’s data, Maker Protocol has emerged as the top revenue generator in the past month, with $14.22 million in revenue. Additionally, the Total Value Locked in the protocol has seen significant growth.
Coinbase, the popular cryptocurrency exchange, has announced that it will now charge a fee for converting the stablecoin USD Coin (USDC) into USD. This new fee will apply to institutional clients and will be implemented in order to cover the costs associated with the conversion process. The fee was introduced in a recent post on Coinbase’s website, dated January 29, 2024.
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