Franklin Templeton predicts rising sovereign, institutional adoption for Bitcoin in 2025
Franklin Templeton believes Bitcoin (BTC) will solidify its position as a global financial asset in 2025, driven by increasing adoption among sovereign nations and institutional investors. The firm’s Digital Assets: 2025 Crypto Outlook report projects that several countries will integrate…
Coinbase CEO urges X to embrace USDC for payment integration
Coinbase CEO Brian Armstrong has signaled interest in incorporating Circle’s USD Coin (USDC) for payments on X, formerly known as Twitter. In a Dec. 29 post, Armstrong suggested that USDC payments would be a valuable addition to the platform and…
Crypto ETFs dominate top fund launches in 2024, led by record-breaking Bitcoin inflows
The ETF Store CEO Nate Geraci highlighted that crypto-related exchange-traded funds (ETFs) led inflows in 2024, with the eight largest funds launched this year belonging to the sector. The list includes four spot Bitcoin (BTC) ETFs, two Ethereum (ETH) ETFs,…
DEXs achieve record $463 billion trading volume in December
According to data from DefiLlama, decentralized exchanges (DEXs) experienced a remarkable surge in December, achieving an all-time high monthly trading volume of $463 billion. This milestone reflects continued growth in DeFi, which has maintained consistent momentum throughout the last quarter…
Bybit shut down in Malaysia over unlicensed operations
Malaysia’s Securities Commission (SC) has directed crypto exchange Bybit and its CEO Ben Zhou to cease all operations within the country. In a recent press statement, the financial regulator explained that the order stems from Bybit’s failure to secure the…
Treasury and IRS finish broker rules for DeFi, require KYC from protocols
The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring DeFi protocols to conduct Know-Your-Customer (KYC) procedures. Industry experts…
Record $18 billion in crypto options set for year-end expiry
The crypto market is ending the year on a strong note as a record $18 billion worth of options contracts are set to expire. Options allow traders to speculate or hedge against price movements. A call option grants the right…
Japan cracks down on unregistered crypto exchanges
Japan’s Financial Services Authority (FSA) plans to strengthen internal audit processes at financial institutions, including crypto exchanges. According to a recent statement, the agency aims to address industry gaps and align with global standards in regulatory compliance. The FSA stated…
Exploring DeFi on Telegram: Alexander Sudeykin on EVAA Protocol and the TON ecosystem
Alexander Sudeykin, Co-Founder of EVAA Protocol, joined CryptoSlate’s Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill in a recent SlateCast episode. The discussion centered around EVAA Protocol, its integration with the Telegram ecosystem, and the transformative potential of the TON…
Kimchi premium recovers as KRWUSD drops to 15-year low
The Kimchi premium has seen a definite rebound after Christmas, recovering to 3.83% on Dec. 27. While this is still significantly lower than the 5.26% recorded on Dec. 22, it still represents a significant difference in Bitcoin prices between South…