Tether Issues Another $3 Billion in USDt Stablecoins
Tether, the issuer of the popular stablecoin USDt, minted an additional $3 billion in tokens on November 23 across the Ethereum and Tron networks. This move comes in response to a surge in trading activity, particularly in Bitcoin, as it nears the $100,000 mark. According to Arkham Intelligence data, $2 billion in USDt was minted […]
Sui’s Growth Driven by Exceptional Developer Experience — Router CEO
The Sui blockchain ecosystem has witnessed remarkable expansion in recent months, with its native SUI token enjoying a notable and sustained rally. Ramani Ramachandran, co-founder and CEO of Router Protocol, attributed this growth to an exceptional developer experience and a vibrant community within the Sui ecosystem. Ramachandran emphasized that Sui stands out by blending the […]
Who will fill Gary Gensler’s seat in 2025?
Mark Uyeda, a Republican commissioner at the U.S. Securities and Exchange Commission (SEC), has signaled that he might focus on providing clearer rules for the cryptocurrency industry if he were chosen to lead the regulatory agency. In a Nov. 22 interview with Fox Business, Uyeda expressed views aligned with President-elect Donald Trump’s stance on digital […]
Van Eck Reaffirms $180K Bitcoin Price Prediction for This Market Cycle
Global investment firm VanEck has once again set its sights on Bitcoin reaching $180,000 at the height of this market cycle. In a recent report published on Nov. 21, VanEck digital asset strategists Nathan Frankovitz and Matthew Sigel shared their view that the crypto bull market is still in its early stages. The analysts cited […]
US Bitcoin ETF Assets Surpass $100 Billion Mark
For the first time, Bitcoin (BTC) exchange-traded funds (ETFs) in the United States have surpassed $100 billion in net assets as of November 21, according to Bloomberg Intelligence data. The explosive growth of Bitcoin ETFs began with the introduction of spot BTC ETFs in January and has been further fueled by renewed investor confidence following […]
SEC Chair Gary Gensler Announces Resignation
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission (SEC), will step down from his role on January 20, 2025, according to a statement released by the regulatory agency on November 21. Gensler has been a prominent figure in financial oversight, particularly for his strict approach to cryptocurrency regulation. His resignation coincides with […]
UK Plans to Implement Robust Crypto Regulation Framework by Early 2025
The United Kingdom is preparing a regulatory framework for crypto assets, expected to be unveiled early next year. This commitment was reaffirmed at the City & Financial Global’s Tokenisation Summit in London on Nov. 21 by a senior Treasury official. Initial plans for regulation were anticipated last summer but were disrupted following a general election […]
Nvidia Predicts Promising Future for Agentic AI Following Record-Breaking Q3 Revenue
Nvidia CEO Jensen Huang underscored the company’s commitment to leading the development of autonomous, or agentic, artificial intelligence as it reported record-breaking earnings for the third quarter. “The era of AI is fully underway, driving a global transition to Nvidia computing,” Huang stated on Nov. 20. Nvidia revealed that its Q3 revenue surged by 17% […]
MicroStrategy Shares Skyrocket 94% YTD Amid Bitcoin’s Surge Toward $100K
MicroStrategy, the leading corporate holder of Bitcoin, has experienced a stunning 94% surge in its stock year-to-date (YTD), driven by Bitcoin’s ascent toward the $100K milestone. The company holds an impressive 331,200 Bitcoin, valued at approximately $32 billion, resulting in $15.51 billion in unrealized gains, according to Dropstab data. Performance beyond crypto As Bitcoin’s price […]
Trump Considers Establishing First-Ever White House Crypto Post
President-elect Donald Trump is reportedly exploring the creation of a dedicated White House position to oversee cryptocurrency policy, according to a Bloomberg report published on Nov. 20. Discussions are said to be underway with industry leaders to evaluate the necessity of such a role, and potential candidates are being vetted, with meetings reportedly taking place […]