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Circle expands the Arc ecosystem through an on-chain foreign exchange engine and multi-currency stablecoin interoperability

2 hours ago

On November 13th, as reported by The Block, Circle is in the process of expanding its new Arc Layer 1 blockchain ecosystem. It is introducing two features to modernize the global foreign exchange market, namely a real-time on-chain forex engine and multi-currency stablecoin interoperability. Circle launched its stablecoin-centered testnet on October 28th, and it has attracted the participation of over 100 key players from both traditional finance and the crypto industry, including those in the capital markets, banks, payments, and digital asset sectors.
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CryptoQuant: Long-Term Bitcoin Holders have sold 815,000 BTC in the past 30 days, hitting a new high since January 2024

On November 13th, CryptoQuant stated in a post that "Bitcoin long-term holders are increasing the selling of BTC. Approximately 815,000 BTC have been sold in the past 30 days, reaching a new high since January 2024. As demand contracts, the selling pressure is putting downward pressure on the price."

5 minutes ago

A whale deposited 52.5 million BANK to Bitget 1 hour ago, equivalent to around $3.36 million

On November 13th, as monitored by LookOnChain, Whale 0xdc17 deposited 52.5 million BANK tokens (equivalent to 3.36 million USD) into Bitget just one hour ago.

5 minutes ago

Public Acquires Alto's Cryptocurrency Business for $65 Million

On November 13th, the investment app Public acquired the cryptocurrency IRA provider Alto's cryptocurrency business for $65 million in cash and stock. Public is scheduled to fully integrate Alto's cryptocurrency accounts by 2026. During this process, Alto will continue to operate as a service provider. In addition, Alto will also continue to independently manage its other businesses, such as private credit and venture capital investment projects.

5 minutes ago

dYdX Community Votes to Approve Proposal for "Allocating 75% of Protocol Earnings to DYDX Buyback"

On November 13th, the dYdX Foundation made an announcement. It stated that the dYdX community had voted in favor of the "Allocate 75% of Protocol Fees to DYDX Buyback" proposal. Commencing from today, 75% of the protocol fees will be allocated for DYDX buyback, which is an increase from the previous 25%.

5 minutes ago

XRPC Transaction Goes Live, Reaching $26 Million in Transaction Volume within 30 Minutes

On November 13th, Bloomberg ETF analyst Eric Balchunas sent out a tweet stating, "In the first 30 minutes of XRPC's trading going live, the trading volume reached $26 million, which is significantly higher than my earlier prediction of $17 million. It is highly probable that it will break the record of the $57 million first-day trading volume set by BSOL and become the ETF with the highest first-day trading volume among all new launches this year."

5 minutes ago

Michael Saylor: Bitcoin Market Cap Will Surpass Gold by 2035

On November 13th, the founder of Strategy, Michael Saylor, stated in an interview: "I have no doubt that by 2035, Bitcoin will become an asset class that is larger than gold."

5 minutes ago

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