Key takeaways:September’s 44,000 BTC net withdrawals reduced the available supply, easing the potential short-term selling pressure.US-listed spot Bitcoin ETFs added $2.2 billion, delivering persistent daily demand that far exceeds the mined supply.Bitcoin (BTC) has traded in a narrow...
Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote.The project will deploy the inaugural...
Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC)...
Artificial intelligence company OpenAI has signed a non-binding memorandum of understanding with its largest investor, Microsoft, to restructure its business.In a Thursday notice, OpenAI said the move, first proposed in May, would allow its for-profit arm to transition...
BlackRock, the world’s largest asset manager, is reportedly exploring ways to tokenize exchange-traded funds (ETFs) on the blockchain, following the strong performance of its spot Bitcoin ETFs.Citing sources familiar with the discussions, Bloomberg reported Thursday that the company...
Key takeaways:XRP exchange reserves surged by 1.2 billion tokens in a single day, led by Binance’s 610 million inflow.Futures demand rose with CME open interest up 74%, but XRP underperformed peers despite the ETF optimism.XRP (XRP) witnessed one...
Metaplanet, the Japanese hospitality and real estate group turned Bitcoin treasury company, said Tuesday it will issue 385 million new shares to expand its Bitcoin holdings and related businesses.The shares will be sold through an international offering outside...
NFT marketplace turned trading platform OpenSea on Monday said it launched a $1 million reserve dedicated to buying “culturally relevant" non-fungible tokens (NFTs).OpenSea kicked off its NFT reserve by buying a piece of digital art from the CryptoPunk...
El Salvador’s Bitcoin Office is celebrating “Bitcoin Day,” the anniversary of the Bitcoin (BTC) legal tender law taking effect in September 2021.The Bitcoin Office highlighted the country’s Bitcoin strategic reserve, which now holds 6,313 BTC, valued at over...
