Singapore and the United Arab Emirates rank globally as the most “crypto-obsessed” nations, according to a recent report by ApeX Protocol. Singapore claimed the number one spot with a composite score of 100, driven by 24.4% of its population owning crypto and leading the world in search activity, with 2,000 crypto-related queries per 100,000 people.
Stablecoin giants like Tether and Circle are profiting from the current high-interest rate environment while stablecoin holders see none of the returns, said Wormhole’s co-founder, Dan Reecer, at Mercado Bitcoin’s DAC 2025 event. Speaking as a panelist, he said the companies are effectively “printing money” by keeping the yield from the U.S. Treasuries backing their
Bitcoin exchange-traded funds (ETFs) recorded a massive $418 million outflow while ether ETFs logged their fifth straight day of redemptions with $248 million. ETF Exodus Deepens: Bitcoin Funds Shed $418 Million, Ether Sees $248 Million Outflow It was a week the ETF market would rather forget. Bitcoin and ether funds closed Friday, Sept. 26, deep
US President Donald Trump shared a humorous image targeting Federal Reserve Chair Jerome Powell on social media on Saturday. The image shows Trump telling Powell, “You’re Fired!” Trump has frequently voiced criticism of Powell, who has long been reluctant to cut interest rates. Jerome Powell image shared by Trump. The Fed cut interest rates for
In a recent trend within Brazil’s cryptocurrency landscape, small and medium-sized enterprises (SMEs) are becoming pivotal players. Daniel Cunha, leading Corporate Development at Mercado Bitcoin, the premier cryptocurrency exchange in Brazil, shared that these businesses constitute approximately 10% to 15% of the platform’s assets. Their primary aim is not speculative trading but rather securing their
The third quarter is turning out to be a tough period for companies that followed in the footsteps of Michael Saylor’s Strategy (previously known as MicroStrategy). The stock prices of these companies are slipping as their total share value dip below the worth of their crypto holdings. Several digital asset treasuries, or DATs, began buying
Crypto startups secured close to $380 million across 17 deals in the week of Sept. 21–27, led by Fnality’s $136 million Series C and Zerohash’s $104 million Series D. Strategic raises and early-stage funding rounds, compiled using Crypto Fundraising‘s database, are adding to the total despite broader market caution. Summary Crypto startups raised $378M this
The crypto treasury narrative, which has become a major feature of the current market cycle, parallels investor sentiment from the dotcom era of the late 1990s and early 2000s, which caused the stock market to sink by about 80%, according to Ray Youssef, founder of peer-to-peer lending platform NoOnes app. The same overzealous investor psychology
Since September 24, Aster has outperformed stablecoin firm Circle in the amount of protocol revenue it generated, breaking the recent duopoly between the USDC issuer and Tether. Aster first overtook Circle in 24-hour revenue, becoming the second biggest protocol by daily earnings, right behind Tether on September 24 when it raked in $12.03M in protocol