USDC’s publisher, Circle, now allows transferring shares of BlackRock’s institutional digital cash fund, BUIDL, directly to its stablecoin. On April 11, Circle formally unveiled a fresh smart contract feature enabling BUIDL token owners to exchange their shares with Circle in return for USDC. With Circle’s smart contracts, you can easily swap BUIDL tokens for USDC … Read more
Bitcoin held firm above the $70,000 mark during the April 11 opening of Wall Street, despite new US economic data releasing a more optimistic outlook. Bitcoin stays higher as U.S. PPI inflation drops The prices of Bitcoin, as indicated by data from CryptoMoon Markets Pro and TradingView, displayed erratic movements, with buyers successfully defending their … Read more
Market watchers forecast SEC’s escalated actions will drive founders offshore. Messari’s founder claims that Trump is pro-crypto and could help the industry. Following the US SEC’s recent warning to Uniswap (UNI), a decentralized exchange, about potential securities law violations, there’s growing unease among American cryptocurrency developers. Brian Armstrong, CEO of Coinbase, has publicly advocated for … Read more
The venture capital branch of Binance, the leading global cryptocurrency exchange, has made public its decision to invest in BounceBit, a Bitcoin-centric staking protocol. In a recent announcement on April 11, Yi He, the co-founder of Binance and head of Binance Labs, explained how BounceBit aims to bring together the best elements of centralized finance … Read more
In episode X of “Hashing It Out” by CryptoMoon’s podcast, Elisha Owusu Akyaw, the host, talks with Micah Yeackley, the co-founder of Kula DAO. They discuss the potential of real-world asset (RWA) tokenization in the Web3 realm during their conversation. Micah shares insights on how this sector could impact developing markets. The episode explores other … Read more
This year, XRP (XRP) has underperformed Bitcoin (BTC) in price growth, with a decrease of approximately 2.5% compared to Bitcoin’s impressive 60% increase as of the current period. Consequently, the value of one Bitcoin in terms of XRP has dropped by around 40%. Before Bitcoin’s halving in 2024, the Bitcoin price was displaying indications of … Read more