Raymond Yuan, the founder and CEO of WSPN, recently articulated the company’s product roadmap and broader strategic vision for stablecoins. According to Yuan, the company has already launched its USD-backed stablecoin, WUSD, and is planning to release additional stablecoin products in the future, including a Euro-backed WEUR. However, Yuan was quic

Ripple’s recent announcement on X, highlighting the minting of 10,000,000 RLUSD at its treasury, marks a significant milestone…

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has drawn a…

Bitcoin miner revenue continued to decline in September, reaching $815.3 million, a decrease of 4.2%. Additionally, Ethereum staking income dropped by 4% to $209.4 million. Moreover, the Ethereum network burned a total of 26,874 ETH in September, valued at approximately $68.2 million. Since the implementation of EIP-1559 in early August 2021, aroun

Bitcoin and Ethereum options saw a general decline in open interest and trading volume in September. Bitcoin options open interest decreased by 1.6%, while Ethereum options open interest also fell by 8.4%. Additionally, Bitcoin options monthly trading volume reached $38.6 billion, marking a 28.1% decline, whereas Ethereum options trading volume sto

On October 3, ten spot Bitcoin ETFs experienced a net outflow of 646 BTC, equivalent to approximately $39.02 million. The ARK 21Shares ETF had an outflow of 998 BTC ($60.3 million), bringing its current holdings to 48,173 BTC ($2.91 billion). Meanwhile, nine Ethereum ETFs saw a net outflow of 1,289 ETH, valued at around $3 […]

According to CCData, Binance’s combined market share in spot and derivatives trading volume fell in September to its lowest level since September 2020. Spot trading volume dropped by nearly 23% compared to August, reducing its spot market share to 27%, the lowest since January 2021. Derivatives trading also declined by 21%, with Binance holding a [

Crypto startup Lejilex and the United States Securities and Exchange Commission (SEC) are engaged in a legal battle over the classification of cryptocurrencies. Both parties have submitted competing briefs for summary judgment in a Texas federal court. Lejilex, which is part of the Crypto Freedom Alliance of Texas, filed its brief on October 3. The

The XRP price has registered a notable drop during the past day as on-chain data shows the whales have been making transactions to exchanges. XRP Has Witnessed A Sharp Drop Over The Last 24 Hours The cryptocurrency sector has been observing bearish winds recently, with the drawdown deepening across the market during the past day. […]

The cryptocurrency market witnessed another meme coin frenzy as Coby (COBY), a Solana-based meme coin, surged over 500%…