[ad_1] While the broader crypto market enjoyed steady gains last week, the stablecoin sector expanded notably, contributing an additional $4.581 billion to the fiat-linked crypto ecosystem. Fiat-Linked Tokens Expand Amid Market Volatility As of press time on Sunday, the stablecoin economy holds a valuation of $239.108 billion, requiring an additional $892 million to surpass the $240 billion threshold. According to defillama.com data, the stablecoin sector expanded by 1.96% this week, measured since April 20, 2025. Top five stablecoins by market cap as of April 27, 2025, according to defillama.com metrics. This jump reflected a $4.581 billion increase in value over…
Author: NBTC
[ad_1] The $TRUMP memecoin surged after organizers announced an exclusive dinner with Donald Trump for the top 220 token holders. The event is scheduled for May 22, 2025, at the Trump National Golf Club in Washington, D.C., and is open to those ranked within the top 220 by token holdings. A sharp rise followed the announcement in the price of the TRUMP (TRUMP) token, as holders rushed to secure a spot in the top ranks. The token was trading near $9.00 but spiked to $16.03, according to crypto.news data. Source: https://trumpdinner.gettrumpmemes.com/ While an original tweet about the dinner incorrectly referenced…
[ad_1] Celsius Network founder Alex Mashinsky’s customers want him behind bars for life. More than 200 victim impact statements, many reviewed by Decrypt, have been submitted to U.S. District Judge John G. Koeltl ahead of Mashinsky’s May 8 sentencing, with the overwhelming majority demanding the severest possible punishment for the mastermind behind the failed crypto lender. “He devastated numerous lives, and there are those who have taken their own lives because of him,” wrote Brandon Lawrence, an investor who says he lost 1.5 Bitcoin (about $141,000 today). “He should face consequences akin to Bernie Madoff and be incarcerated for life.”…
[ad_1] Bitcoin’s performance versus gold is back in focus this week. Today, Crypto Rover shared a chart on X, comparing prices since 2019 showed gold initially led, but Bitcoin caught up and impressively surpassed it by early 2025, an unprecedented feat, to even think of until a few years back. After a rough month, BTC’s strong rally pushing past $94,000 Wednesday suggests it might be regaining ground once more. Volatility vs. Stability: The Key Difference The main difference between the two is volatility. Over the past few years, Bitcoin and cryptocurrencies as a whole have exhibited significant unpredictability. After reaching…
[ad_1] Stellar (XLM) is on a bullish surge as altcoins in the broader digital asset market appear to have regained their bullish momentum. The XRP rival has recorded significant investor interest, resulting in a trading volume spike of over 50%. Stellar enters breakout territory amid volume surge According to CoinMarketCap data, XLM’s trading volume in the last 24 hours soared by 51.53% to $309.96 million. The massive uptick in investors’ interest has resulted in a significant price rise, which appears to have entered a breakout mode. Within the same time frame, the XLM price increased by 9.03% to change hands…
[ad_1] Political and regulatory tensions surrounding cryptocurrency are rising in Washington as Senator Jon Ossoff voiced support for impeaching President Donald Trump over a private event tied to the promotion of his meme coin, while SEC Commissioner Hester Peirce urged for more transparent crypto regulations to end the uncertainty plaguing US financial firms. SEC Commissioner Hester Peirce: US Crypto Regulation Feels Like Playing ‘The Floor is Lava’ in the Dark At the SEC’s “Know Your Custodian” roundtable on April 25, SEC Commissioner and head of the agency’s crypto task force, Hester Peirce, delivered a vivid analogy to describe the current…
[ad_1] Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa Project The initial 8-megawatt (MW) phase of the 30 MW project is now online, with construction on remaining capacity set to begin in Q4 2025. Located on a 5-acre site, the announcement shared with Bitcoin.com News states that the facility expands Compass Mining’s portfolio of self-operated infrastructure, which allows clients to deploy machines directly to the Iowa location. Compass Mining CEO Paul Gosker stated the move reinforces…
[ad_1] The Bitcoin derivatives market is showing positive signs. According to data from CryptoQuant analyst Axel AdlerJr, the Bitcoin futures contract market has recorded an increase of 57,000 BTC positions in the last three days. This surge is currently worth $5.345 billion, making it the biggest liquidity increase in the past 12 months. The inflow suggests optimism for Bitcoin, in anticipation of new price movements. Over the last three days, positions totaling 57,000 BTC were opened in the futures market, worth $5.345B at the current rate. This is the largest liquidity increase in the past year. pic.twitter.com/VE08w0ZvhQ — Axel 💎🙌…
[ad_1] Circle, the issuer of the second-largest stablecoin, USDC, said it received in-principal regulatory approval from Abu Dhabi, paving the way for an expansion across the Middle East. The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) granted the company the preliminary green light to operate as a money services provider, edging closer to a full license after incorporating in the financial hub last December. The approval “advances our strategy to establish deep roots in markets embracing the onchain economy, creating new pathways for investment and innovation in the region,” Circle CEO Jeremy Allaire said in a…
[ad_1] Shares of Sol Strategies (HODL), a Toronto-listed digital-asset firm, jumped after the company said it secured an up-to $500 million convertible note facility to ramp up its investments focused on the Solana network. The capital will be exclusively used for purchasing SOL tokens and expand the firm’s blockchain validator operation, the company said in a release. HODL shares surged as much as 18% to C$2.16 before paring some of the gains, but were still up 7% from yesterday’s close. “This is the largest financing facility of its kind in the Solana ecosystem-and the first ever directly tied to staking…