The stablecoin market is set to close 2024 with exceptional developments and records. What should we expect in 2025? Even more achievements as mass adoption begins to take hold. Before looking to the future, however, we must examine what we are leaving behind. 2024 stablecoin market During 2024, the trends of the previous years have…
The European Securities and Markets Authority (ESMA) has released its final guidance report for member states making the final transition to the Markets in Crypto-Assets (MiCA) regulation. Laws formed under MiCA regulations began taking effect in June 2024, with final implementation scheduled for Dec. 30. The latest and final guidance from the ESMA is meant to…
The United Arab Emirates (UAE) is positioning itself as a global hub for blockchain and cryptocurrency innovation, with key trends emerging in Shariah-compliant services, dirham-pegged stablecoins and international talent migration, according to industry leaders. At the recent Bitcoin MENA and Abu Dhabi Finance Week events held in the UAE, crypto professionals discussed the key trends…
The Ethereum community is going head to head in a debate over whether or not to raise the gas limits on the Ethereum mainnet by as much as 100%. The gas limit refers to the maximum amount of gas that’s allowed to be spent for transactions to be included in a single Ethereum block. One…
Ethereum whale wallet holdings have reached their highest levels of all time — holding an estimated 57% of all Ether in existence, according to onchain analytics platform Santiment. In a Dec. 16 post to X, the platform said that 104 whale wallets holding more than 100,000 Ether each, together hold $333 billion. At the same time,…
Bitpanda, a European digital asset platform, has received in-principle authorization from the Virtual Asset Regulatory Authority (VARA) as it prepares to expand its footprint into the United Arab Emirates (UAE). The regulatory approval sets the stage for Bitpanda to solidify its presence in the Middle East, aligning with its strategy to grow beyond Europe, where…
What are Bitcoin miners as energy buyers? Bitcoin miners can work as dynamic energy buyers with the flexibility to adjust consumption according to energy supply and demand using sophisticated energy management strategies. First things first, you need to understand the Bitcoin mining basics. To secure the Bitcoin blockchain network, process transactions, and mint new coins, computers need…
Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024 as demand for staked asset utility grew significantly. According to data from decentralized finance (DeFi) aggregator DefiLlama, liquid restaking TVL on the Ethereum network was approximately $284 million on Jan. 1. By Dec. 15, that figure had climbed nearly 60-fold,…
Bitcoin’s price rallied nearly 5% in a day to set a new all-time high above $106,000 on Dec. 15 as speculation of it becoming a United States reserve asset continues to grow. Bitcoin topped out at $106,554 but has since fallen slightly to $106,000, TradingView data shows. Its previous high was $104,000, which was set on…
Ether could surpass its previous all-time high during the first quarter of 2025, according to market analysts. Ether has been unable to remain above the key $4,000 psychological threshold despite Bitcoin breaching the record $100,000 high on Dec. 6 for the first time in crypto history. However, Ether may soon start catching up to Bitcoin’s gains following…