Tether has long dominated the stablecoin sector thanks in large part to USDT’s status as the first fiat-backed stablecoin. However, new serious competitors have entered the stablecoin market over the past several years, giving USDT a run for its money. Since 2024, the transaction volume of Circle’s stablecoin, USD Coin, has been on the rise. According…

MicroStrategy executive chair Michael Saylor speculated that the United States Securities and Exchange Commission will deny listing and trading of spot Ether exchange-traded funds. Speaking at MicroStrategy’s Bitcoin For Corporations conference on May 1, Saylor said the SEC would label ETH as a crypto asset security under its regulatory purview and not a commodity under the U.S. Commodity…

Coinbase’s first-quarter earnings report — released May 2 — indicated the company has been thriving thanks to a vibrant market for Bitcoin and Ethereum over the last several months. However, the numbers indicated Base platform has shown even greater potential — and could make Coinbase the NVIDIA of decentralized finance (DeFi). Launched in August 2023, Base is a…