Crypto News
Bitcoin (BTC) Surges to New ATH Amidst Declining Sell-Side Pressure
Bitcoin reaches a new all-time high of $109k after months of consolidation. Analysis reveals diminishing sell-side pressure and signals of potential market volatility, according to Glassnode. (Read More)Source link
BRICS Unmoved by Trump’s 100% Tariff Threats, Says Russian Envoy
BRICS, an economic bloc comprising emerging nations, remains unfazed by U.S. President Donald Trump’s threats to levy 100% tariffs on goods from member states, according to Russian Ambassador Sergey Tolchenov. Speaking to the Jakarta Globe on Tuesday, Tolchenov highlighted BRICS’ financial independence and its resilience against external pressures, including U.S. warnings. He emphasized the bloc’sSource link
Circle Scoops ‘World’s Largest’ Tokenized Money Market Fund Amid Sector Boom
Circle plans to integrate USYC with its USDC stablecoin to enable convertibility between cash and tokenized collateral.Source link
Injective (INJ)Launches iAgent 2.0 to Revolutionize AI-Agent Development
Injective (INJ)introduces iAgent 2.0, an advanced AI agent framework enhancing on-chain capabilities, scalability, and interoperability, integrating Eliza's framework with Injective’s infrastructure. (Read More)Source link
Deribit’s Crypto Trading Volume Nearly Doubled to Over $1T in 2024
Need evidence of the crypto market's maturation? Look no further than Deribit, the crypto exchange that registered record trading volumes in 2024.Total trading volume in Deribit's product suite, which comprises crypto options, perpetual futures, volatility futures, and spot market, rose 95% from $608 billion in 2023 to $1.185 trillion in 2024.Options alone registered a trading volume of $743 billion, a 99% year-on-year growth, accounting for a giant share of the total exchange activity. Deribit listed BTC options in 2016 and has since cemented its position as the world's leading crypto options exchange.“Deribit saw an increase in activity throughout the year, particularly in Q4 as institutional investors demonstrated heightened optimism around the U.S. presidential election, as well as the $100k Bitcoin...