Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, have posted only 2% and 1% gains in the last 24 hours. Over the last seven days, both cryptocurrencies have dropped by 5% and 4% respectively.
Earlier this week, Compound was one of several new cryptocurrencies listed by Robinhood, a popular stock and crypto trading platform, including popular meme coin Shiba Inu (SHIB).
Just yesterday, the THORchain team announced a new user interface—THORSwap V2—had gone live at the open beta stage.
“Our fresh new user interface delivers the elegant, user-friendly cross-chain trading and LP experience you’ve been waiting for,” the tweet reads.
THORSwap V2’s Open Beta is live! Our fresh new user interface delivers the elegant, user-friendly Cross-chain trading and LP experience you’ve been waiting for.
The Synthetix boost can also likely be attributed to the protocol listing Solana (SOL), Avalanche (AVAX) and Uniswap (UNI)—among others—for futures trading earlier this week.
Circle USDC stablecoin market cap has hit a new all-time high, surpassing $60 billion for the first time.
Artemis Analytics data shows USDC now has a 25.4% share of the stablecoin market, compared with 20.7% three months ago.
But the digital dollar, which is issued by Circle, remains streets behind Tether. The total value of USDT currently stands at $144 billion—representing about 63% of this still-nascent sector.
All of this comes against a backdrop of growing demand for stablecoins, not to men...
Ethereum may be entering a period of heightened volatility, according to the latest outlook from decentralized options platform Derive, which sees signs of a breakout despite bearish indicators in the near term.
Nick Forster, founder of Derive, told Decrypt Ethereum’s implied volatility is currently near monthly lows, with 7-day and 30-day tenors sitting at 59% and 45%, respectively.
“Historically, such low levels rarely hold,” he said, adding that April could mark the beginning of a sharp upsw...
Meme stock GameStop updated its Investment Policy on Tuesday to add "certain crypto-currencies, including Bitcoin" as "permissible investment instruments."
The company made the announcement in its 2024 annual report, which it filed with the Securities and Exchange Commission after the closing bell.
GameStop also followed up the filing with a message on X, formerly known as Twitter, saying that it is now permitted to use Bitcoin "as a Treasury Reserve Asset."
The video game retailer, which trades...
