Coins.ph Achieves $1 Billion in TradeDesk Volume
Coins.ph has hit a major milestone, surpassing $1 billion in 2023 trading volume on its TradeDesk platform. This achievement highlights the platform's popularity in the Philippines, reflecting the rising demand for accessible cryptocurrency trading solutions in the country. (BitPinas)
Bitcoin Investment Products: A $1.5 Billion Inflow Surge
Bitcoin-focused investment products have drawn an impressive $1.5 billion in year-to-date inflows, signaling the steady growth of institutional and retail interest. Bitcoin ETFs and related financial instruments have driven demand, suggesting the increasing mainstream acceptance of Bitcoin as a legitimate asset. (Cointelegraph)
Optimism Surrounding Bitcoin ETF Approval
A Bloomberg analyst has expressed optimism about the potential approval of a Bitcoin ETF, citing favorable regulatory developments. With growing institutional demand and regulatory progress, industry observers see increased chances for a Bitcoin ETF to be approved by the SEC soon, representing a pivotal moment for Bitcoin’s mainstream accessibility. (BeInCrypto)
Philippines Eyes Binance Block on Regulatory Grounds
The Philippines’ SEC is exploring a possible restriction on access to Binance. This regulatory stance aims to provide greater investor protection and highlights the country's cautious approach toward unregulated platforms. If enforced, this move could reshape how Filipinos access and trade cryptocurrencies locally. (Watcher Guru)
Animoca Brands as a TON Network Validator
Blockchain and gaming giant Animoca Brands has taken a leadership role on the TON Network by becoming its largest validator. This commitment underscores Animoca's intent to support and secure TON's blockchain while expanding its influence in blockchain-based gaming and applications. (CoinDesk)
Bioniq: A Bitcoin Ordinals Marketplace on Internet Computer
Bioniq, supported by Polygon Capital, is pioneering a new Bitcoin Ordinals marketplace on the Internet Computer blockchain. By focusing on ordinals, Bioniq is pushing the boundaries of Bitcoin’s capabilities, signaling a future where unique digital assets play an integral role in blockchain innovation. (The Block)
Solana’s Mad Lads: NFT Market Gains
The Solana-based NFT collection, Mad Lads, has recently topped daily sales compared to notable Ethereum-based NFTs like Bored Apes. This shift demonstrates Solana’s increasing prominence in the NFT market as alternative collections gain popularity. (Decrypt)
Wormhole’s Groundbreaking $225M Blockchain Connectivity Funding
Wormhole has raised $225 million to enhance its blockchain connectivity solutions. With this funding, Wormhole aims to improve interoperability between chains, positioning itself as a critical player in the evolving blockchain infrastructure space. (Blockhead)
USDC’s Cross-Chain Transfer Protocol Launches on Cosmos
USDC has launched a cross-chain protocol within the Cosmos ecosystem, offering enhanced transfer flexibility across blockchains. This development underscores the growing importance of stablecoin interoperability and supports the adoption of USDC in diverse decentralized ecosystems. (Crypto Briefing)
JPMorgan and Apollo’s Enterprise Mainnet for Institutional Blockchain
Financial giants JPMorgan and Apollo are developing an enterprise blockchain mainnet. The mainnet aims to cater to large-scale blockchain applications, underscoring a shift toward institutional-grade blockchain infrastructure that could support wider adoption among businesses. (Cointelegraph)
