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Coinbase chief legal officer Paul Grewal shared documents revealing that the Federal Deposit Insurance Corporation (FDIC) urged banks to halt or avoid not only crypto-related services but also simple Bitcoin (BTC) offerings. The letters are unredacted versions of documents shared by Grewal on Dec. 6, 2024. They were dubbed “pause letters” because they repeatedly recommend […]
The post Coinbase shares unredacted FDIC letters urging banks to avoid offering basic Bitcoin services appeared first on CryptoSlate.

Ethena Labs published its roadmap for 2025 on Jan. 3, which included the reveal of a Telegram application for payments and savings based on its sUSDe stablecoin, aiming to offer a “neobank experience.” The initiative allows users to send, spend, and save sUSDe directly within the messaging app. Additionally, users can effortlessly transition between sUSDe […]
The post Ethena reveals roadmap for 2025, eyes Telegram payment app appeared first on CryptoSlate.

Jan van Eck, CEO of VanEck, has recommended that investors maintain or increase their exposure to Bitcoin (BTC) and gold in 2025 in the firm’s 2025 outlook report.  He argued that these assets are indispensable hedges against inflationary pressures, fiscal uncertainty, and global de-dollarization trends. According to van Eck, gold and Bitcoin have proven to […]
The post VanEck CEO recommends investors to double down on Bitcoin as hedge in 2025 appeared first on CryptoSlate.

MARA Holdings CEO Fred Thiel believes institutional involvement will significantly increase Bitcoin’s value, positioning the flagship crypto as a long-term growth asset. Speaking in a Jan. 2 interview with FOX Business, Thiel encouraged retail investors to adopt a steady, long-term investment strategy by regularly purchasing small amounts of Bitcoin. Thiel noted that Bitcoin has only […]
The post MARA CEO touts Bitcoin’s long-term benefits for retail holders, predicts $200k by year-end appeared first on CryptoSlate.

The US dollar has surged to its strongest levels in years, fueled by optimism surrounding Donald Trump’s return to the presidency. Over the past year, the dollar has gained ground against major global currencies thanks to a rally fueled by the Federal Reserve rate cuts and the economic challenges of other countries, such as Japan. […]
The post Bitcoin to battle dollar strength amid Donald Trump’s crypto-friendly policies appeared first on CryptoSlate.

BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has deepened its position within the digital asset space as Frax Finance approved it as collateral for its soon-to-be-launched frxUSD stablecoin, according to a Jan. 2 statement. FrxUSD frxUSD is Frax Finance‘s newly rebranded stablecoin that offers direct fiat redemption and enhanced regulatory compliance. Sam Kazemian, Founder of […]
The post New Frax Finance stablecoin backed by BlackRock’s BUIDL fund, enhancing fiat-crypto bridge appeared first on CryptoSlate.

The crypto industry saw significant on-chain revenue in December, with stablecoin issuers taking the lion’s share, according to data from DeFiLlama. These issuers collectively earned over $664 million, representing over 40% of the $1.5 billion total revenue generated by crypto protocols. Tether, the USDT stablecoin issuer, emerged as the top contributor, pulling in $532.10 million. […]
The post Tether and Circle generate $664 million in December revenue commanding stablecoin market appeared first on CryptoSlate.