Stablecoin inflows to cryptocurrency exchanges are seeing a sharp rise after Donald Trump’s win in the United States presidential race and the 25 basis point cut by the Federal Reserve on Nov. 7. ERC-20 stablecoins flood exchanges Following the US presidential election results on Nov. 6, a substantial $9.3 billion worth of ERC-20 stablecoins were…

While decentralized finance (DeFi) technology is advancing within the Web3 space, a crypto executive said the sector still has a long way to go. At the recent Binance Blockchain Week in Dubai, Agne Linge, a former director of Binance Lithuania who now works with Web3 projects WeFi and Yellow Network, told Cointelegraph that while regulations…

BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data. BlackRock’s large inflows come amid…