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Goldman Sachs: Stablecoins Could Unlock Trillions in Market Potential

Coins Legend August 20, 2025 0

Goldman Sachs says the potential market for cryptocurrency stablecoins could climb into the trillions of dollars, according to a research note released Aug. 20. Goldman Sachs’ Will Nance Sees Multi-Trillion-Dollar Future for Stablecoins The market note, prepared by Goldman analysts including

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Kraken Expands Tokenized Equities to Tron Blockchain

Coins Legend August 20, 2025 0

Kraken, in partnership with Backed, is collaborating with Tron DAO to integrate its tokenized equities product, xStocks, with the Tron blockchain. Kraken’s Tokenized Equities Product Launches on Tron Network Kraken said the integration will see Backed deploy xStocks as TRC20 tokens on the Tron network. Each token will maintain a full 1:1 backing with the […]

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Wormhole Foundation Counters Layerzero’s Stargate Acquisition Bid

Coins Legend August 20, 2025 0

On Wednesday, the Wormhole Foundation announced its intent to submit a competing bid to acquire Stargate, directly challenging a proposal from cross-chain messaging rival Layerzero. This move potentially disrupts a pending acquisition and could lead to a bidding war for the prominent bridge protocol. Rival Bid Emerges for Cross-Chain Protocol Stargate Wormhole stated that

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Bitcoin Flat as Stocks Continue Bleeding

Coins Legend August 20, 2025 0

The cryptocurrency appears to have stabilized around $114K, but the same can’t be said for the stock market, which edged lower as tech stocks continued to underperform. Traditional Markets Plunge, But Bitcoin Remains Steady Bitcoin ( BTC) hovered around $114K on Wednesday afternoon while stocks fell across all major indices for a second consecutive day. […]

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Mystery Trader Turns $125K Into $29.6M in 4 Months on ETH Leverage

Coins Legend August 20, 2025 0

An anonymous trader on Hyperliquid turned a $125,000 investment into a staggering $29.6 million in just four months by strategically leveraging long positions on ethereum. The Rise of a New High-Risk Trader An unknown high-risk Hyperliquid trader turned $125,000 into $29.6 million in just four months. According to Lookonchain, the trader, who has been compared […]

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NFTs Are Down but Not Out: $3.62B Already Sold in 2025

Coins Legend August 20, 2025 0

While non-fungible token (NFT) sales may not carry the same heat they once did, the NFT arena has still tallied $71.55 billion in lifetime sales since 2017. Metrics also reveal that 64.78% of those sales came from Ethereum-based NFTs. Digital Collectibles Still Command Sales Volume, but the Sector Is Morphing During the 2017 bull run, […]

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Pepe Dollar (PEPD) Draws PEPETO Token Holders to Top Crypto ICO Shaping The Future of Memecoins On Ethereum (ETH)

Coins Legend August 20, 2025 0

This content is provided by a sponsor. PRESS RELEASE. The meme coin market continues to grow as projects combine humor with genuine utility. Ethereum remains a central hub for these developments, hosting both established names and fresh entrants in the crypto presale space. Pepe Dollar ($PEPD) stands out for merging internet culture with payment-focused infrastructure.

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Ethereum Exit Queue Hits Peak High Since 2022 Proof-of-Stake Transition 

Coins Legend August 20, 2025 0

This week, Ethereum’s validator exit line hit a record, the biggest since the network shifted to proof-of-stake (PoS) in 2022. Validator Exit Wait Tops Two Weeks as Ethereum Queue Reaches New High As of Aug. 20, 2025, roughly 898,000 to 916,000 ethereum ( ETH) is now queued to leave staking—about 28,000 to 28,600 validators at […]

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Kraken and Backed Announce Strategic Collaboration With TRON DAO to Broaden Access to Tokenized Equities

Coins Legend August 20, 2025 0

This content is provided by a sponsor. PRESS RELEASE. Geneva, Switzerland, August 20, 2025 – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the strategic collaboration with Kraken and Backed to integrate xStocks with the TRON

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Crypto ETFs Extend Losing Streak With Nearly $1 Billion in Redemptions

Coins Legend August 20, 2025 0

Crypto exchange-traded funds (ETFs) saw nearly $1 billion in redemptions on Tuesday as bitcoin funds lost $523 million and ether ETFs shed $430 million. Fidelity’s funds led the exits, with no ETF managing an inflow. Market Shakeout Sees $523 Million Leave Bitcoin ETFs and $430 Million Pulled From Ether ETFs The crypto ETF market is […]