Maple Finance Proposes Token Buybacks to Boost Staker Benefits
Maple Finance, a leading decentralised finance (DeFi) protocol, has unveiled a governance proposal to use 20% of its revenues for monthly buybacks of its native token, SYRUP. The proposal, outlined on 13 January, aims to enhance rewards for stakers and align their interests with the protocol’s success. The initiative, pending
BitPay Processes 600,000 Crypto Transactions in 2024, Litecoin Leads
Cryptocurrency payment platform BitPay processed 608,000 transactions in 2024, reflecting growing adoption of digital assets for payments during the bull market. According to BitPay’s “Decrypted 2024” report, Litecoin (LTC) emerged as the top choice for transactions, surpassing Bitcoin (BTC) and Ether (ETH). Litecoin Tops the Charts Litecoin dominated BitPay’s transaction
MoonPay Acquires Helio in $175 Million Deal to Boost Crypto Payment Services
MoonPay, a leading fiat-to-crypto on-ramp provider, has acquired Helio, a blockchain-based payment processor built on Solana, in a landmark $175 million deal. The acquisition is set to significantly enhance MoonPay’s payments infrastructure and expand its capabilities in the growing crypto payments sector. Helio’s Crypto Checkout Platform Helio is renowned for
Bitcoin Faces Critical Test at $88K Amid S&P 500 Volatility
Bitcoin (BTC) hovered below $95,000 on 11 January after a day marked by significant price swings and a “bearish overreaction” to US employment data. Markets React to US Jobs Data Data from TradingView highlighted volatility as Bitcoin initially dipped to $92,000 before rebounding sharply with a $2,000 hourly gain. The
Crypto Roundup: Bitcoin Adoption, Fraud Case, and Regulatory Proposals
US Distillery Adopts Bitcoin for Payments and Treasury Heritage Distilling, a Washington-based craft spirits producer, has become the first publicly traded distillery to integrate Bitcoin into its business operations. The company announced on January 10 that it will accept Bitcoin as payment for products and services through its e-commerce platform.
Bitcoin Price to Hit $1.5 Million by 2035, Predicts Analyst Timothy Peterson
Bitcoin is set to reach a monumental valuation of $1.5 million per coin within the next decade, according to network economist Timothy Peterson. Known for his accurate predictions and bullish stance on Bitcoin, Peterson shared his forecast in a recent post on social media platform X, citing his model that
Circle Donates $1M USDC to Trump’s Inauguration Committee
Stablecoin issuer Circle has contributed $1 million USDC to President-elect Donald Trump’s Inauguration Committee, CEO Jeremy Allaire announced on 9 January. The donation marks a significant moment for the cryptocurrency sector, signalling its growing acceptance in mainstream financial and political circles. Allaire described the move as a sign of the
Bitcoin Price Dips to $92.5K Amid Fed Interest Rate Concerns
US Federal Reserve’s monetary policy casts shadow over Bitcoin’s price performance in early 2025. Bitcoin Breaches $100K, Corrects to $92.5K Bitcoin (BTC) briefly surpassed the $100,000 psychological milestone on 7 January, marking the first time since 19 December, before a sharp correction pulled its value down to $92,500. Analysts have
Thailand to Launch Pilot Cryptocurrency Payments in Phuket by 2025
Thailand is preparing to roll out a pilot program in 2025, allowing tourists in Phuket to make transactions using Bitcoin (BTC). The initiative aims to integrate digital currencies into everyday payments and enhance the country’s appeal to international visitors. Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced the plan
Bitcoin ETFs Bounce Back with $1.9 Billion Inflows Over Two Days
After a sluggish end to 2024, spot Bitcoin ETFs have kicked off 2025 with a significant rebound in investor interest. Bitcoin ETFs Reverse Outflows with Strong Inflows United States-based spot Bitcoin exchange-traded funds (ETFs) have started the new year on a high note, attracting nearly $1.9 billion in net inflows
