Crypto News

The global cryptocurrency market surged 2.79% over the past 24 hours, climbing to a total valuation of $3.01 trillion, driven by standout performances from altcoins and steady gains from bitcoin and ethereum. Crypto Market Hits $3.01 Trillion, Up 2.79% in 24 Hours Bitcoin (BTC), which maintains a dominant 64.4% share of the crypto market today,Source link

Digital bank Revolut is working with Lightspark to roll out bitcoin (BTC) transactions on Lightning Network to customers in the U.K. and select countries in the European Economic Area (EEA).The feature aims to cut transaction fees and payments processing time for crypto users, Lightspark said in a blog post. When asked in an email, the company didn't specify the timeline for when the feature will go live.Lightspark, led by former PayPal executive David Marcus, provides backend infrastructure for connecting to what it calls the “Money Grid” — a decentralized network for real-time global payments.The Lightning Network is a layer-2 system built on top of the Bitcoin blockchain that allows near-instant, low-fee transactions. By connecting to the network through Lightspark, Revolut...

Apparel giant Adidas is still making moves in Web3, teaming up with Sui game Xociety following previous Bored Ape and Doodles collabs.Source link

This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue ofSource link

ETH is currently stuck 40% lower than it was this time last year after devs finalized the Pectra upgrade.Source link