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Altcoin Season Looms as Bitcoin Dominance Declines, Says QCP Capital

Coins Legend January 17, 2025 0

Global markets jumped higher after a softer-than-anticipated Consumer Price Index report, with QCP Capital spotlighting noteworthy advancements in both the cryptocurrency space and traditional equities. Market Analysis Says Ethereum and Altcoins Poised for Takeoff as Bitcoin Stabilizes QCP

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Tether Introduces USDT0 to Enhance Blockchain Interoperability

Coins Legend January 17, 2025 0

Tether has unveiled USDT0, a refined iteration of its stablecoin, crafted to foster greater interoperability and enable effortless transactions across multiple blockchain ecosystems. USDT0 Aims to Streamline Transfers Across Blockchain Networks The stablecoin company, which issues USDT, the largest fiat-pegged by market capitalization, announced that USDT0 aims to expand

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AI Agents Are Coming to Bitcoin via Merlin Chain and ElizaOS Integration

Coins Legend January 17, 2025 0

The integration of ElizaOS into Merlin Chain will allow the deployment of AI agents with the ability to facilitate cross-chain activities. Merlin Chain Partners With ElizaOS to Bring AI Agents to Bitcoin Merlin Chain, the bitcoin layer 2 network has announced a strategic integration with ElizaOS, an AI agent project. By working together, developers can […]

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Bitcoin Bound for $175,000: Fundstrat Exec Forecasts Unprecedented Climb

Coins Legend January 16, 2025 0

In a recent conversation with Fundstrat’s head of digital asset strategy, Sean Farrell, it was posited that bitcoin could climb to $175,000 within the year. This statement came shortly after the firm’s co-founder, Tom Lee, asserted on CNBC that bitcoin is poised to be the top-performing asset of the year. Farrell’s Forecast: Bitcoin to Breach […]

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Record Breaking $11.3 Trillion High for Spot and Derivatives Trading on Centralized Crypto Exchanges

Coins Legend January 16, 2025 0

The total trade activity on centralized exchanges reached an all-time high of $11.3 trillion, up 7.58%, according to the report by CCData. Record Numbers for Spot and Derivatives Trading The overall spot and derivative trading volume for centralized crypto exchanges (cexes) hit a record high of $11.3 trillion in Dec. 2024. According to market data […]

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Canada’s Goodfood Takes a Stand Against Inflation: Bitcoin Becomes Its Treasury Shield

Coins Legend January 16, 2025 0

A publicly traded company on the Toronto Stock Exchange (TSX), Goodfood Market Corp., has announced plans to adopt a bitcoin treasury strategy. The initiative aims to “strengthen its balance sheet and create long term shareholder value.” Canada’s Leading Online Grocer Goodfood Adds Bitcoin to Its Plate in Bold Treasury Strategy The Montreal-based Canadian online grocery

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Thailand SEC Explores Bitcoin ETF Listing

Coins Legend January 16, 2025 0

The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand’s Securities and Exchange Commission (SEC). The Secretary-General of the regulatory body, Pornanong

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Wyoming Senator Demands Answers on US Marshals’ Bitcoin Sale Plans

Coins Legend January 16, 2025 0

This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized

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‘Next Stop, $1 Trillion’: Uniswap Celebrates $500B in L2 Volume

Coins Legend January 16, 2025 0

On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly evolved,

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Kraken’s Top Lawyer Marco Santori Steps Down, Calls Regulators ‘Lovely People’

Coins Legend January 16, 2025 0

Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on […]