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Bitcoin’s Mempool Empties to Record Lows—Is Onchain Activity Drying Up?

Coins Legend February 1, 2025 0

According to the latest statistics, following the first week of January, the number of unconfirmed transactions in the mempool has plummeted from slightly more than 200,000 to the current 7,723—a low not seen since 2022. Bitcoin Blockchain Activity Dips—Mempool at Lowest Level Since 2022

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NFT Market Stumbles in January: Sales Drop 39% in Rocky Opening to 2025

Coins Legend February 1, 2025 0

Based on data gathered from Jan. 1 through Jan. 31, 2025, non-fungible token sales (NFT) experienced a 38.97% decline compared with the final month of 2024. Ethereum led in sales by amassing $340.47 million, although transactions on that particular chain registered a 36.58% decrease from the previous month. NFT Market Reels in January According to […]

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Tether Reports $13 Billion in 2024 Profits, Hits All-Time High in U.S. Treasuries and Reserves

Coins Legend February 1, 2025 0

Tether Holdings’ Q4 2024 report showed the company’s dominance of the stablecoin market with yearly net profits exceeding $13 billion. Tether Hits All-Time Highs in U.S. Treasury Holdings Tether Holdings Limited has released its Q4 2024 attestation, confirming record-breaking financial performance with net profits exceeding $13 billion for the year. The report, conducted

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Gemini: Over 50% of Gen Z Own Crypto, Driving Adoption Trends

Coins Legend February 1, 2025 0

The 2024 state of crypto report by Gemini examines the factors driving crypto adoption for the youngest generation of investors. Gen Z Are Driving Crypto Adoption A recent survey by Gemini reveals that Gen Z is leading global crypto adoption. Over 51% of respondents aged 18-29 report having owned or currently own cryptocurrency. This rate […]

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Kraken to Delist USDT, Four Other Stablecoins for European Users

Coins Legend February 1, 2025 0

Crypto exchange Kraken said it will delist five stablecoins, including USDT, for users in the European Economic Area. Describing the move as a difficult decision, Kraken said the changes ultimately ensure its compliance and ability to provide an exceptional trading experience to European clients long term. The exchange said it will halt all spot trading […]

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Binance CEO Reveals How to Avoid Ponzi and Pyramid Schemes

Coins Legend February 1, 2025 0

Binance’s CEO cautions investors about increasingly sophisticated crypto scams and offers guidance on navigating the industry’s future. Ponzi Schemes Are Getting Smarter—Binance CEO’s Urgent Safety Playbook Binance CEO Richard Teng shared safety advice on social media platform X on Wednesday, emphasizing the importance of vigilance against fraudulent investment schemes. He

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Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses

Coins Legend February 1, 2025 0

Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block any further extension of European Union sanctions against Russia if […]

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Microstrategy Locks in New Funding to Fuel Bitcoin Buying Spree

Coins Legend February 1, 2025 0

Microstrategy is doubling down on bitcoin, raising over $563 million through preferred stock. With 423,650 BTC already, Saylor envisions a $13 million price future. Microstrategy’s Latest Funding Play Sets Up Its Next Big Bitcoin Move Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) has announced the pricing of 7.3 million shares of its 8.00% Series A […]

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Wall Street Eyes XRP: Grayscale’s XRP ETF Awaits SEC Green Light

Coins Legend February 1, 2025 0

NYSE Arca has proposed listing the Grayscale XRP Trust, aiming to provide regulated exposure to XRP. If approved, shares would trade like a spot XRP exchange-traded product. NYSE Arca Proposes Listing Grayscale XRP ETF NYSE Arca filed a proposal with the U.S. Securities and Exchange Commission (SEC) on Jan. 30 to list and trade shares […]

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Tether and Lightning Labs Partner to Bring USDT to Bitcoin’s Base Layer

Coins Legend January 31, 2025 0

Tether announced that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. Bitcoin’s ‘Unmatched’ Decentralization Stablecoin issuer Tether announced Jan. 30 that USDT will be integrated into the Bitcoin ecosystem, including both its base layer and the Lightning Network. The company said the integration combines