Cryptocurrency and fintech firms are taking advantage of policy changes under the Trump administration to apply for banking licenses, paving the way for greater financial legitimacy and lower borrowing costs.
M2, an Abu Dhabi-based cryptocurrency exchange, has announced a strategic partnership with NiceHash, a leading cryptocurrency mining service provider.
Stellar (XLM) continues to struggle after months of decline. Despite some attempts to recover, the altcoin has encountered significant hurdles, most notably its failure to overcome the $0.325 resistance level.
The cryptocurrency mining industry in Russia is undergoing a notable shift as more and more miners are turning their attention to Dogecoin (DOGE) and other alternative cryptocurrencies, instead of focusing solely on Bitcoin (BTC).
Recent data shows that onchain transaction fees on both the Bitcoin and Ethereum networks continue to remain low, providing a major benefit to users.
BUIDL's Boom in the Onchain Finance Space
The past week has seen a number of significant developments in the financial and crypto markets.
Bitcoin continues to see declines on the weekly and monthly timeframes, down 8.4% and 16.2% respectively.
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