Circle's IPO and Stripe acquiring stablecoin startup Bridge were the "bitcoin ETF moments" for stablecoin adoption, Utila CEO Bentzi Rabi said in an interview.
Some might say they are boring, but stablecoins are becoming a lever on Treasury liquidity — and a source of debate over whether they steady or strain markets.
The Foundation shared that it plans to sell 10,000 ETH via centralized exchanges over the next several weeks to support work towards research & developments, ecosystem grants and donations.
The markets agencies said in a joint statement they're OK with certain crypto assets trading on registered entities now, before Congress' market structure bill.
Crypto options platform PowerTrade reports that traders are betting on a strong year-end rally in several altcoins, including SOL, XRP, TRUMP, HYPE, LINK.
XLM rallied 3% over 24 hours, buoyed by strong volumes and institutional activity, as major South Korean platforms temporarily suspend services to accommodate a key network upgrade.
98.27% of SOL stakers that voted approved the proposal, with only 1.05% voting against and 0.36% abstaining. In total, 52% of the network’s stake participated in the vote.
Yunfeng joins companies including SharpLink Gaming and Bitmine Immersion Technologies that have begun pursuing an ether treasury strategy in recent months.
The funding will be used to support SonicStrategy's treasury, validator operations, and blockchain investments, and can convert to common stock at $4.50 per share.