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Nalezeno "OP Crypto": 48558

Franklin Templeton Enables USDC Conversions on Benji Investments Platform


Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens....

Investor Confidence Soars With $488M Inflows Into US Bitcoin ETFs


On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows amounting to $488.1 million, with Fidelity’s FBTC leading the way. These inflows marked the 17th consecutive day of contributions from the 11 publicly traded funds. U.S. Spot Bitcoin ETFs See More Inflows on 17th...

Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer


Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million Bitdeer shares and introduces stringent transfer restrictions, with a vesting period extending up...

Turkey Rules out Taxes on Crypto Profits, Considers Limited Transaction Tax


Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics...

Gold Rush: Long Lines to Purchase Bullion in Vietnam


Local reports indicate that lines of several dozen people are waiting to purchase gold bullion from various state-owned banks in Vietnam, primarily in Hanoi and Ho Chi Minh. The interest in buying the precious metal at this time seems to be driven by the lower prices these banks offer to retail...

What is market depth in crypto?


Understanding market depth helps traders gauge a particular cryptocurrency’s liquidity and potential price movements

Celebrity crypto projects: A Vitalik Buterin critique


Vitalik Buterin, the Ethereum founder, recently talked about celebrity involvement in the crypto market.  Several personalities have launched their crypto projects, but Buterin is not cheering them on. The founder went on to X/Twitter to express dissatisfaction with the star experimentation....

Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields


The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...

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