Author: admin | Page 3331 | Crypto500 News

Crypto Economy Hits $1.9 Trillion on Valentine’s Day Surge: DYM, STX, and SEI Lead Gains

At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted...

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

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Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to Liquidate $1.3 Billion in Bitcoin Trust Shares According to Bloomberg, Genesis Global...

Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth

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After its oversubscribed initial public offering (IPO), Phoenix Group, a Dubai-based company specializing in bitcoin mining and blockchain infrastructure, has announced a significant 50% increase in net income. The firm further revealed a 20% increase in its annual...

Citi Bank used Avalanche to explore private equity funds tokenization

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Citi Bank, Wellington Management, and WisdomTree explore private equity tokenization on Avalanche. The Proof of concept demonstrates the potential for enhanced automation, compliance, and control. Collaboration with DTCC Digital Assets evaluates interoperability and...

Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth

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Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and...

Crypto Economy Hits $1.9 Trillion on Valentine’s Day Surge: DYM, STX, and SEI Lead Gains

Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares

Bitcoin Mining Company Phoenix Group Reports 50% Net Income Increase and 20% Sales Growth

Citi Bank used Avalanche to explore private equity funds tokenization

Stablecoin Sector Swells by $1.7 Billion in February; USDC and FDUSD Lead Supply Growth

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