Yield-Bearing Stablecoins Surge to $11B, Grabbing 4.5% of Market Share
Yield-bearing stablecoins have witnessed explosive growth in 2024, surging to $11 billion in circulation and now accounting for 4.5% of the overall stablecoin market. This marks a dramatic rise from just $1.5 billion and a 1% market share at the beginning of the year, according to a report released by
Germany Missed Out on $2.3B Profit by Selling Bitcoin Too Soon
The German government has come under scrutiny after missing out on over $2.3 billion in potential profit by selling its Bitcoin holdings in mid-2024. According to blockchain intelligence firm Arkham, Bitcoin was sold at an average price of $57,900, well below its current market value, which has surged over 80%
Supreme Court of India Urges Government to Regulate Cryptocurrency Amid Economic Concerns
Top Court Questions Crypto Regulation Despite Taxation India’s Supreme Court has questioned the government’s inaction on regulating cryptocurrencies like Bitcoin, despite having imposed a 30% tax on digital assets. The Court raised concerns about the potential risks posed by an unregulated crypto economy during a recent hearing linked to an
Australian Court Ruling Could Unlock $640M in Bitcoin Tax Refunds
A landmark court ruling in Australia may pave the way for up to $640 million in Bitcoin-related tax refunds, challenging the Australian Taxation Office’s (ATO) long-standing stance on cryptocurrency. Judge Rules Bitcoin Is ‘Money’, Not a Taxable Asset In a decision that could reshape the country’s cryptocurrency tax landscape, a
XRP Faces Potential Slide to $2 Amid Bearish Chart Pattern and Falling Futures Interest
XRP’s Bearish Head-and-Shoulders Pattern Signals Trouble XRP is flashing bearish warning signs as a classic head-and-shoulders (H&S) pattern confirms on its short-term chart, hinting at a potential price drop to the crucial $2 support level. The bearish setup coincides with a sharp decline in XRP futures’ open interest, declining trader
Ethereum Price Drops Below Key Support: Analysts Remain Optimistic
Ethereum (ETH) saw a sharp decline in price on 19 May, falling below a crucial support level as the broader cryptocurrency market underwent a widespread sell-off. Despite the downturn, several analysts view the dip as a potential buying opportunity, expecting a recovery in the near term. Ether Drops Over 5%
Tether Surpasses Germany in US Treasury Holdings Amid Market Volatility
Tether, the world’s largest stablecoin issuer, has overtaken Germany in US Treasury holdings, solidifying its position as a major force in the global financial landscape. The company’s strategic diversification into traditional assets such as US Treasury bills and gold has helped it absorb the recent volatility in the cryptocurrency market.
Rise In Empowers Developers at MOVE Build Station in Kolkata with Aptos
Kolkata, India – 17 May 2025 — Rise In, India’s leading developer onboarding and education ecosystem, successfully hosted the MOVE Build Station in Kolkata, bringing together over 70 enthusiastic developers for a dynamic, hands-on building experience. The event led to the successful creation of 35+ projects powered by Aptos, one
Ethereum is More Resistant to 51% Attack Than Bitcoin, Says Researcher Justin Drake
Ethereum’s Proof-of-Stake architecture offers stronger protection compared to Bitcoin’s Proof-of-Work, argue leading voices in the crypto community. Ethereum researcher and Merge architect Justin Drake has claimed that launching a 51% attack on the Bitcoin network would be “much cheaper” than carrying out a similar attack on Ethereum. Speaking about the
Bitcoin Consolidation Fuels Mixed Forecasts as $90K Dip and $115K Surge Both Loom
Bitcoin continues to hover within a tight trading range, leaving traders and analysts divided over whether a breakout will lead to fresh all-time highs or a sharp pullback toward $90,000. As of May 16, BTC/USD remains under close scrutiny, with its current price movement fuelling both bullish and bearish predictions.
