Global

As of June 2024, the number of staking wallets has surpassed one million for the first time, reflecting a remarkable increase of over 30% from the 824,300 reported in September 2023, according to Flipside Crypto.

PayPal’s dollar-linked stablecoin, PYUSD, is experiencing a notable decline in its market capitalization, raising questions about its long-term viability.

Dogecoin (DOGE) has recently experienced a notable price increase, surging nearly 10% in just one day. This rise is accompanied by an increase in average transaction sizes, suggesting that larger market participants are becoming more active.

Recent data indicates a robust interest in cryptocurrency-backed exchange-traded funds (ETFs), particularly for Bitcoin and Ethereum. Over the past four days, Bitcoin spot ETFs recorded impressive inflows totaling $459 million as of October 16.

In a pioneering move for Thailand's financial sector, Siam Commercial Bank (SCB) has officially launched stablecoin-based cross-border payment services, marking what it claims to be the country's first implementation of stablecoins in the traditional banking system for international remittances.

In a significant operation, Hong Kong police have dismantled an alleged scam center linked to an elaborate cryptocurrency romance investment scheme, arresting 27 individuals in the process.

The Shiba Inu team recently announced the postponement of their highly anticipated global conference, ShibaCon, originally scheduled for November 9 in Bangkok, Thailand.

DogWifHat (WIF), the popular meme coin, is currently testing a critical liquidity level that could potentially propel its price to new heights. As the broader cryptocurrency market remains volatile, WIF has garnered significant attention from investors and traders.

In an exciting development for the cryptocurrency and trading communities, Robinhood has announced plans to launch Bitcoin and Ethereum futures contracts, aiming to attract seasoned traders and expand its offerings.

Ripple (XRP) has experienced a notable price increase, trading above $0.5400 on October 16. This surge is primarily attributed to recent developments surrounding the Securities and Exchange Commission (SEC) lawsuit and the Ripple Swell conference.

In a move that underscores the increasing interest in cryptocurrency among Russian financial institutions, several leading banks are reportedly keen to join the Central Bank's pilot program aimed at exploring crypto technologies.

Litecoin ($LTC) recently celebrated its thirteenth birthday, and in a significant development for the cryptocurrency, it may soon be on track for exchange-traded fund (ETF) approval.