Monday, May 6, 2024

Monday, May 6, 2024

Visa reveals 90% of stablecoin transactions come from bots and big traders
A new Visa study finds over 90% of stablecoin transaction volumes are from bots and large-scale traders, not genuine users, suggesting stablecoins are still far from mainstream adoption. The post Visa...

GBTC shares jump 5% after first inflow since January
GBTC sees a positive shift with a 5% premarket surge and $63 million inflows, challenging BlackRock's iShares Bitcoin Trust. The post GBTC shares jump 5% after first inflow since January appeared firs...

SEC targets Robinhood for alleged securities law breaches
Robinhood Crypto received a Wells Notice from the SEC, indicating a potential lawsuit over alleged violations of securities laws. The post SEC targets Robinhood for alleged securities law breaches app...

Country meme coins rally up to 74,000% ahead of Paris Olympics
Investors are capitalizing on Olympic meme coins, with country-themed tokens like USA and CHINA seeing massive gains ahead of the Paris Games. The post Country meme coins rally up to 74,000% ahead of ...

Jack Dorsey parts ways with Bluesky, leaves board of directors
As Jack Dorsey bids farewell to Blueskys board, the social network seeks new leadership aligned with its vision of user-driven experience. The post Jack Dorsey parts ways with Bluesky, leaves board of...

Bitcoin price shows stabilizing signs as volatility drops: Bitfinex
Bitcoin's volatility has decreased post-halving, indicating a trend towards price stability, as reported by Bitfinex The post Bitcoin price shows stabilizing signs as volatility drops: Bitfinex appear...

MetaMask introduces Smart Transactions to address MEV front-running
MetaMask has introduced Smart Transactions, using a virtual mempool to protect users against Ethereum front-running and other predatory MEV techniques. The post MetaMask introduces Smart Transactions ...

Hermetica Labs launches USDh, the first Bitcoin-native synthetic USD
Hermetica has launched USDh, the first Bitcoin-backed synthetic US dollar with a 25% APY for holders. The post Hermetica Labs launches USDh, the first Bitcoin-native synthetic USD appeared first on Cr...

More liquidity: stablecoin market cap grows $4 billion despite Bitcoin’s pullback
Investors remain bullish as stablecoin market cap hits $161 billion, reflecting strong liquidity and smart money movements. The post More liquidity: stablecoin market cap grows $4 billion despite Bitc...

Meme coins dominate altcoin leverage, Kaiko reports
Kaiko's analysis reveals meme coins like Pepe (PEPE) and Dogwifhat (WIF) lead in leverage use among altcoins traders. The post Meme coins dominate altcoin leverage, Kaiko reports appeared first on Cry...

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