Stablecoin adoption, ETFs to propel crypto performance in 2025: Citi

United States digital asset firm Morgan Creek Digital has secured $40 million in funding from investors that include two major pension funds, Bloomberg reported Feb. 12, citing a statement from the company.Morgan Creek Digital, which launched its Digital Asset Index Fund in August last year, sealed the funding from two of the three benefit plans…

The S&P 500 index (SPX) fell 19.4% and the Nasdaq nosedived 33.1% in 2022, recording the worst performance since 2008. The crypto markets also had a horrendous year with Bitcoin (BTC) falling roughly 65% in 2022. In comparison, the United States dollar, which is perceived to be a safe haven, rallied nearly 9%, its best…

London-based crypto data provider CryptoCompare has launched an Exchange Benchmark product that ranks over 100 crypto spot exchanges worldwide. The news was revealed in a press release shared with Cointelegraph on June 12.According to CryptoCompare, the new product has been launched in response to growing industry concern sparked by research indicating that a significant number…

Africa has emerged as a bastion for cryptocurrency adoption. Venture capital is looking to capitalize on the growing trend. 1579 Total views 27 Total shares African cryptocurrency exchange Yellow Card has concluded a $15 million Series A financing round led by some of blockchain’s biggest venture funds, underscoring the growth potential of digital assets on…

ApeCoin (APE) underwent a modest selloff a day after Bored Ape Yacht Club (BAYC), a popular nonfungible token (NFT) brand, reported losing $2.4 million worth of digital collectibles in a robbery.APE price rally to $25 stallsThe hacker compromised BAYC's official Instagram account, using it to post a phishing link that withdrew tokens out of users'…

Brave is collaborating with a Japanese e-sports team and Korean pop idol group to offer a limited release version of its browser in Japan. 1462 Total views 35 Total shares Cryptocurrency-powered web browser Brave is partnering with the Korean pop group BTS and Rush Gaming to provide a limited edition release of its browser for…

The group added it would consider the benefits and challenges of granting the DAO legal status in Japan, citing the state of Wyoming approving similar legislation in July 2021. 135 Total views 3 Total shares The Digital Agency of Japan, aimed at harmonizing nationwide initiatives related to digital transformation, has launched a research decentralized autonomous…

Starknet is set to hold its first on-chain vote on Sept. 10. Hopefully, it will set a precedent for protocols to follow going forward.

When cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in, the idea of earning passive income from one’s holdings becomes all the more attractive for long-term investors. Related: Decentralized finance: A beginner’s guide to earning passive income with DeFiDifferent methods such as staking, lending, cloud mining, and yield farming…