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Stablecoin-Focused Plasma's XPL Token Debuts With Over $2.4B Market Cap
XPL functions as a gas token, staking asset, and reward token, with a total supply of 10 billion tokens.
Cipher Mining Stock Gains 5% on Google AI Hosting Deal
Tech giant to secure equity stake through long-term partnership with Fluidstack.
U.S. Treasury Action to Blame for Bitcoin’s Break From Global M2, Raoul Pal Says
The sharper impact on bitcoin may be tied to significant selling from long-held coins, contributing to the deviation from the global M2 trend.
Hong Kong Monetary Authority Warns Against Unregulated Stablecoin Issuance
The warning comes after AnchorX, a Hong Kong-based firm, announced a stablecoin called AxCNH, pegged to the offshore Chinese yuan.
Stablecoin Startup RedotPay Attains Unicorn Status With $47M Raise for Regulatory Push
The Hong Kong company is scaling stablecoin-powered cards, wallets and payout services with backing from Coinbase Ventures, Galaxy and Vertex.
M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East
Ethena’s synthetic dollar protocol draws backing from UAE-based M2 Holdings affiliate
Gate Unveils Layer 2 Network and Tokenomics Overhaul for GT Token
The exchange introduces Gate Layer, a high-performance rollup built on OP Stack, while expanding GT’s role as a gas token and deflationary asset.
Crypto Millionaires Surge 40%, Led by Bitcoin's Rise, as Market Hits $3.3 Trillion
The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows.
Melee Raises $3.5M to Launch ‘Viral Prediction Markets’ Without Gatekeepers
The platform lets creators and traders build markets on anything from politics to pop culture.
Ether Treasuries Are Going Mainstream: Crypto Investment Firm Bitwise
Digital asset treasuries are now allocating to ether at scale, creating structural demand that exceeds new supply, the report said.
