MakerDAO introduces NewStable and NewGovToken to upgrade $DAI and $MKR. NewStable and DAI coexist with a 1:1 conversion rate, targeting different use cases. NewGovToken enhances community participation with a 1 MKR to 24,000 NGT exchange rate.
Bybit lists the $DOGS token, based on the TON blockchain, offering promotions with a prize pool of 3,410,000,000 DOGS. With a user base now over 40M, Bybit’s campaign highlights its market influence and commitment to innovation.
$MKR and $DAI tokens upgraded by MakerDAO. NewStable and NewGovToken launched for better utility and community engagement. NewStable focuses on mass adoption while DAI remains for crypto use. NewGovToken has a 1 MKR to 24,000 NGT exchange rate.
BSX raises $6.2M to expand blockchain-based derivatives platform. Key investors include @blockchaincap, @BanklessHQ, and @coinbase private investors. Funds will add staking functionality and launch an L3 network in Q1 2025. $BSX achieves $4B in trading volume.
Anchorage Digital launches a reward program for institutional investors holding $PYUSD, offering returns without rehypothecation. $PYUSD, nearing a $1B market cap, sees significant adoption on the Solana blockchain. @PayPal @AnchorageDigital
$PYUSD holders can earn interest rewards through a new @PayPal and Anchorage Digital partnership. This initiative aims to enhance PYUSD’s market presence, with interest derived from U.S. Treasury-backed assets. The program targets institutional investors and operates via a Cayman Islands entity.
$BTC OTC market balance surged 70% from June to August 2024, reaching 368,000 BTC. Analysts warn of potential price corrections. Miners prefer OTC to avoid market impact, contributing to the spike. $BTC traded at $60,800 with 4% weekly growth.
Coinbase will increase its $USDC holdings on the Base network starting March 26 for lower fees and faster settlements. Currently, 17% of its $220.7M USDC is on Base, with 70% on Ethereum. @Coinbase encourages others to adopt on-chain solutions.
$AVAX surges 7% to $25 after @Grayscale launches Avalanche Trust and @FTI_US extends its on-chain money market fund to the Avalanche network. These moves underscore AVAX’s growing role in the crypto ecosystem and real-world asset tokenization.
Anthony Scaramucci predicts $BTC could hit $100k despite market volatility. SEC’s approval of spot Bitcoin ETFs boosts its legitimacy. Bitcoin is increasingly seen as a store of value with rising global adoption and use cases.
Grayscale Investments has launched the Grayscale Avalanche Trust, an ETF focused on $AVAX, now available to accredited investors. Following the announcement, $AVAX surged nearly 5%. This addition expands Grayscale’s portfolio to over 20 crypto-asset funds.
Justin Sun forecasts $TRX revenue hitting $4B with a meme strategy. Daily revenue peaked at $5.33M, beating $ETH and $SOL. The SunPump memecoin earned $585K in 24 hours. Plans to enhance USDD stablecoin to compete with $DAI.
Bitcoin ($BTC) surges past $61K amid bullish market dynamics. U.S. Fed minutes hint at potential rate cuts, sparking optimism. Rising BTC futures and ETF inflows reflect growing institutional interest and market confidence, reinforcing the upward trend.
$POPCAT and $SUN tokens rally after @Binance Futures announces USD-Margined perpetual contracts with up to 75x leverage, launching on August 22, 2024. Multi-Assets Mode allows various cryptocurrencies as margins, enhancing trading flexibility and reducing requirements.
