Coinbase is deepening its involvement in the Solana ecosystem by acquiring a new decentralized exchange. The company claims that its acquisition will aid in its long-term strategy for rapid, scalable blockchain infrastructure Coinbase informed CoinTelegraph that the purchase is part of their strategy to “double down on Solana.” They explained that this is due to … Read more
This week, Bitcoin sinks under $90k, sparking new speculation about whether the market is nearing a cyclical low. Executives from BitMine and Bitwise told Cointelegraph that multiple on-chain indicators suggest that the downward trend is slowing. The world’s largest cryptocurrency fell for the second time in three weeks as miners sold, spot ETF inflows fell, … Read more
A new tendency is emerging among long-term Bitcoin holders, and it isn’t motivated by fear or loss. According to a recent Cointelegraph report, many Bitcoin OGs (early adopters who amassed BTC in the early years) are carefully selling their coins to capitalize on the tax benefits of Bitcoin ETFs. Analysts believe this process is less … Read more
The EURA stablecoin, created by Monerium and sponsored by Deutsche Bank and DWS Group, has gone multichain after being integrated using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The change enables the euro-backed stablecoin to function fluidly across blockchain networks like Ethereum and Avalanche, broadening its presence in decentralized finance (DeFi). According to Cointelegraph, this endeavor is … Read more