Stablecoins Dominate 89 Percent of $316B Market
The stablecoin market cap surpasses $316B, with Tether’s $USDT holding 58.25%. Top five stablecoins control 89% as sector edges higher. #Update #Crypto $USDT
Crypto News
General category for all types of news related to the cryptocurrency world.
Worldcoin Sells 117M WLD in OTC Deals
Worldcoin reportedly sold 117M $WLD tokens worth $39M via OTC, receiving $35M in $USDC. Tokens deposited to #Binance and #FalconX. $WLD trading at $0.32. #Update #Crypto
Lunch with Trump Costs Up to $6 Million
A seat at Donald Trump’s crypto luncheon on April 25 could cost between $70,000 and over $6 million, based on “Trump Points” from TRUMP token holdings. #Update #Crypto $TRUMP
Oil Trading Boom Soars Amid Iran Conflict
Oil volatility from the Iran conflict is driving traders to decentralized exchanges like @Hyperliquid, with $1.7B in peak daily volume for its perpetual futures. #Update #Crypto $HYPE
Aptos Gains 6.3% as Index Rises
The CoinDesk 20 Index rises 0.2% to 2039.71, led by $APT (+6.3%) and $BCH (+2.5%), while $AAVE (-1.0%) and $NEAR (-0.6%) lag behind. #Update #Crypto $APT
Kalshi Surges to $22B Valuation Milestone
Kalshi raises $1 billion, boosting its valuation to $22 billion despite regulatory hurdles. #Update #Finance
UBS Converts US Unit to National Bank
UBS secures OCC approval to convert UBS Bank USA into a national bank, enhancing its US platform and exploring crypto services. #Update #Banking
Kalshi Valuation Doubles to $22 Billion
@Kalshi raised over $1 billion in a funding round led by Coatue Management, doubling its valuation to $22 billion amid regulatory scrutiny and insider trading cases. #Update #Crypto $USDT
White House AI Plan Overrides State Laws
The White House proposed federal AI standards, avoiding a new regulator and preserving state enforcement powers, focusing on child safety, free speech, and copyright disputes. #Update #Legal
SoftBank Launches $33B Ohio AI Hub
SoftBank plans a $30-40B AI data center in Ohio, powered by $33B in natural gas infrastructure, reflecting surging AI demand. #Update #Tech
Kalshi Doubles Valuation to $22B
Kalshi raises $1 billion led by Coatue Management, doubling its valuation to $22 billion. Rival Polymarket valued at $9 billion after Intercontinental Exchange investment. #Update #Finance
Metaverse Secures Stability Amid Uncertainty
Meta has reversed its decision to sunset Horizon World, focusing on mobile platforms where it is more popular. #Update #Tech
Bluesky Secures $100M as Users Hit 43M
Bluesky disclosed a $100M Series B led by Bain Capital Crypto, revealing user growth to 43M amid leadership changes. #Update #Tech
Kalshi Faces Temporary Nevada Sports Betting Ban
@Kalshi is under a two-week restraining order in Nevada, halting bets while legal disputes over prediction markets continue; CFTC asserts federal authority over state regulators. #Update #Legal $BTC