Global

The financial ecosystem surrounding Bitcoin is evolving with the introduction of BTCfi, a project designed to build a decentralized finance (DeFi) infrastructure that enhances Bitcoin’s scalability and interoperability.

Bitcoin (BTC) has been exhibiting contrasting trends across different timeframes. On the weekly chart, BTC appears to be in a downtrend, while on the monthly chart, it shows an uptrend.

Grayscale's Bitcoin Mini Trust has seen a substantial increase in assets under management (AUM), surpassing $2 billion to reach approximately $2.03 billion. This trust now holds about 31.9 million BTC and has 359.6 million shares outstanding.

Digital Currency Group (DCG), a major player in the blockchain investment space, has reported significant progress in addressing its financial obligations.

In a recent statement, Tether Chief Executive Officer Paolo Ardoini reaffirmed the company's steadfast commitment to preventing the misuse of cryptocurrency in criminal activities.

In a strategic push to bolster its foreign economic activities and advance de-dollarization, Russia is set to launch two significant cryptocurrency exchanges.