Crypto News

Remember those middle-school writing prompts: Describe your favorite cookie.Your teacher told you to write it as if to an alien, a being who had never encountered a cookie before, which meant touching on each sense – sight, sound, smell, touch, taste. You might not have realized it then, but describing something in a way that allows people to get a clear picture is actually quite hard.Let me try to describe Matheus Pagani, founder and CEO of Venture Miner. Matheus is a male with light caramel skin and dark brown hair. Even though his hair is cut close, you can tell it’s curly. He’s got a thick dark brown, almost black beard, which connects to a mustache. His eyes are dark...

Nasdaq has filed a proposed rule change to allow in-kind creation and redemption for the BlackRock iShares Bitcoin Trust (IBIT), according to a Friday filing to the U.S. Securities and Exchange Commission (SEC).The process allows large institutional investors, called authorized participants (APs), to buy and redeem shares of the fund directly to bitcoin (BTC). It is considered to be more efficient as it allows APs closely monitor the demand for the ETF and to act fast by buying or selling shares of the fund without cash being involved in the process. Retail investors are not eligible to participate.When the SEC first approved spot bitcoin ETFs including IBIT last January, the agency allowed to launch the funds with cash redemption, instead...

The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins willSource link

Senator Elizabeth Warren has suggested a long list of ways that Elon Musk's cost-cutting DOGE can save money—though she's deeply skeptical.Source link

Solana (SOL), the layer-1 blockchain designed for high-speed and low-cost transactions, has been at the center of a trading frenzy with Donald Trump's memecoin driving stablecoin supply on the network to a fresh record-high.The total stablecoin supply on Solana has surged to $10.5 billion, doubling since the start of January, according to data source Artemis. Circle's USDC led the increase surpassing $8 billion in total circulation on Solana, adding more than $4 billion this month, while Tether's USDT grew to $2 billion from $917 million, per Artemis. Stablecoins are a key piece of infrastructure in the crypto economy, serving as a popular source of liquidity for crypto trading.Solana and its ecosystem of in-built protocols built have become a bustling hub...