Crypto exchange Binance has expanded trading support for the Telegram-based play-to-earn game Hamster Kombat, generating excitement across the crypto market. The leading exchange announced it would add the HMSTR token to several of its products including Earn, Buy Crypto, Convert, and Margin trading. Meanwhile, HMSTR also launched for trading on other global crypto exchanges today.…
Ethena Labs Unveils UStb Stablecoin Backed by BlackRock and Securitize Ethena Labs announced on Thursday the launch of UStb, a new stablecoin fully collateralized by BlackRock’s BUIDL fund in partnership with Securitize. This offering will exist alongside their existing USDe stablecoin as a separate product with a distinct risk profile. The company revealed on X…
Bitcoin miner Marathon Digital (NASDAQ: MARA) has faced significant challenges in 2024, with the Bitcoin halving event reducing mining rewards by half and doubling mining complexity. The MARA stock has suffered a 30% decline year-to-date as a result. However, market analysts believe the downside for MARA stock is limited in the near term and could…
BlackRock Expands Crypto Holdings with BTC and ETH Purchases Asset management giant BlackRock has increased its cryptocurrency exposure, adding 529 Bitcoin (BTC) and 2,420 Ethereum (ETH) to its portfolio. This brings BlackRock’s total holdings to 359,606 BTC valued at approximately $22.82 billion and 350,000 ETH worth an estimated $23 billion. The continued accumulation by BlackRock…
Vice President Kamala Harris has made a bold commitment to position the United States as a global leader in blockchain and artificial intelligence technologies. Speaking at The Economic Club of Pittsburgh, Harris emphasized the critical importance of maintaining America’s edge in cutting-edge fields like blockchain, AI, and quantum computing. Harris outlined her vision for an…
PayPal Expands Crypto Services to U.S. Business Accounts In a significant move, PayPal has announced the expansion of its cryptocurrency services to U.S. merchants, allowing them to buy, hold, sell, and transfer digital assets directly from their PayPal business accounts. This development marks a crucial step in bringing cryptocurrencies into mainstream business operations. The new…
Bitcoin price has surged to nearly $65,000, marking a 30-day high and sparking optimism about further upside potential. Several macroeconomic factors and market trends are supporting this bullish outlook, with experts anticipating a potential rally for the leading cryptocurrency in the coming days. Prominent crypto investor Anthony Pompliano recently outlined some key reasons that could…
The blockchain revolution is reshaping industries worldwide, and the media sector is no exception. As regulatory landscapes evolve and companies pivot their strategies, blockchain technology is emerging as a powerful solution to longstanding challenges in the media industry, including security, efficiency, and transparency concerns. With the blockchain market valued at approximately $2 trillion, media companies…
JPMorgan CEO Backs Elon Musk’s Government Efficiency Commission Proposal Jamie Dimon, CEO of JPMorgan Chase, has expressed support for Elon Musk’s proposed government efficiency commission. During the India Investor Summit, Dimon praised the initiative, emphasizing the importance of enhancing government accountability and operational competence. The JPMorgan chief stressed the need for improved scrutiny of government…
Circle, the prominent stablecoin issuer, has unveiled its new Compliance Engine as part of a suite of products aimed at attracting developers building on-chain financial services. This tool is designed to help companies achieve regulatory compliance while focusing on innovation, addressing recent regulatory challenges in the crypto space. The announcement has been well-received by the…