Welcome to your daily crypto news digest. Here's what's making waves in the blockchain world today.
The number of Bitcoin holders with non-empty wallets has reached an impressive milestone of 54.71 million, coming within 0.018% of the all-time high of approximately 54.72 million, which was recorded on January 19, 2025.
This surge in wallet activity highlights growing adoption and sustained interest in Bitcoin as a leading cryptocurrency, even in fluctuating market conditions. Analysts often view the number of non-empty wallets as a critical indicator of network health and user engagement.
As Bitcoin continues to gain traction globally, this development underscores the increasing role of cryptocurrency in financial markets and everyday transactions.
The combined market capitalization of stablecoins has reached an impressive $245.7 billion, overtaking Ethereum, the second-largest cryptocurrency, which currently holds a market cap of $226.3 billion.
Tether's USDT remains the dominant player in the stablecoin market, accounting for $143.3 billion—more than half of the total stablecoin market cap.
This milestone highlights the growing influence and adoption of stablecoins in the cryptocurrency space, further solidifying their role as a crucial asset class for traders and investors alike.
Telegram has announced a significant upgrade to its wallet service, introducing staking and cryptocurrency trading functionalities. This move enhances the platform's utility for its users, allowing them to manage and grow their crypto assets directly within the Telegram ecosystem.
These features aim to position Telegram as a more comprehensive platform for crypto enthusiasts, integrating financial tools with its already robust messaging service.
The update underscores Telegram's ongoing commitment to fostering blockchain technology and delivering user-friendly solutions in the cryptocurrency space.
OKX Europe has acquired a Malta-based company holding a Markets in Financial Instruments Directive II (MiFID II) license, marking a significant step toward offering regulated derivatives within the European market.
The acquisition aligns with OKX's broader strategy to expand its footprint in Europe by providing compliant and regulated financial products. The company aims to begin operations later this year (2025), subject to approval from the Malta Financial Services Authority (MFSA).
This acquisition positions OKX to cater to Europe's growing demand for regulated crypto derivatives, enhancing trust and compliance in the regional market.
Stay tuned for further updates as OKX progresses toward final regulatory approval and the launch of its new offerings.
Source: Original Article
Ripple has announced that it has received full regulatory approval from the Dubai Financial Services Authority (DFSA). This approval allows Ripple to officially offer cross-border cryptocurrency payment services across the United Arab Emirates (UAE). The milestone finalizes the in-principle approval that Ripple was granted on October 1, 2024.
The approval underscores Ripple's continued commitment to expanding its footprint in the Middle East, a region known for its growing adoption of blockchain technology and digital assets. By securing this license, Ripple is well-positioned to address the increasing demand for innovative payment solutions in the region.
This regulatory step marks another key achievement for Ripple as it strengthens its global operations and aligns with compliance frameworks in forward-thinking jurisdictions like Dubai.
The DFSA, Dubai's financial regulatory authority, is known for its rigorous standards. Gaining full approval from the DFSA not only enhances Ripple's credibility but also opens up new opportunities for the company to collaborate with financial institutions and enterprises in the UAE.
As the adoption of blockchain technology continues to accelerate in the Middle East, Ripple’s regulatory approval could play a pivotal role in shaping the region's financial ecosystem.
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