Solstice Labs is set to launch USX, a Solana-native stablecoin, on April 28, 2025. Built for transparent yield, the stablecoin aims to offer users a new option within the Solana ecosystem. The announcement was made via Chainwire.
The article highlights the allure of crypto pre-sales, explaining them as early-stage investment chances to acquire tokens before their public launch, often at discounted prices. It suggests these pre-sales are a common strategy for early investors seeking significant returns. The article also implicitly promotes DexBoss, a DeFi platform, as a potential investment opportunity for next-generation traders.
Coinbase Asset Management is launching the Coinbase Bitcoin Yield Fund (CBYF) on May 1st. The fund targets institutional investors globally and aims for annual net returns between 4% and 8% through a conservative investment strategy. This new offering provides institutional investors access to Bitcoin-based yield opportunities within a regulated framework.
Tether’s tokenized gold product, XAUT, has reached a record backing of over 7.7 tons of gold, according to its first official attestation. With a market capitalization of $770 million, the token is priced at $3,123.57. This surge coincides with increased global demand for safe-haven assets, reflecting investor interest in gold as a store of value.
Strategy, formerly MicroStrategy, has increased its Bitcoin holdings by 15,355 BTC, spending approximately $1.42 billion. The average purchase price was $92,737 per Bitcoin. This recent acquisition brings Strategy’s total Bitcoin holdings to 553,555 BTC. The move comes as the company approaches the end of its record-breaking $21 billion ATM capital raise.
Cryptocurrency investment products experienced a record $3.4 billion in inflows last week, the highest since December 2024, according to CoinShares. The surge, with $3.2B of this specifically going to Bitcoin funds, is attributed to investor concerns about a weakening US dollar and potential tariff effects on corporate earnings. This significant influx suggests a growing perception of Bitcoin as a safe-haven asset.
Changpeng Zhao, the founder of Binance, met with World Liberty Financial (WLFI), a crypto project, in Abu Dhabi. The meeting involved WLFI founders and focused on the project’s international expansion plans. The post highlights the collaboration between Zhao and WLFI, indicating a strategic discussion on crypto market growth.
BYDFi, a cryptocurrency exchange, is now an official sponsor of TOKEN2049 Dubai. The announcement also highlights the Middle East debut of MoonX, an on-chain trading tool. This strategic partnership aims to increase the visibility of both BYDFi and MoonX within the growing cryptocurrency market in Dubai and the broader Middle East region, furthering the adoption of blockchain technology and digital assets.
BTSE Enterprise Solutions is launching a Broker API hackathon in Dubai. The event aims to foster innovation and development in the cryptocurrency space, focusing on solutions for brokers and financial institutions. Participants will compete to build applications leveraging BTSE’s new Broker API, contributing to the advancement of blockchain technology within the financial sector. The hackathon seeks to create new opportunities within digital assets.
FSL has introduced GMT Pay, a new service designed to seamlessly integrate Web3 earnings with traditional payment systems. Based in Sydney, Australia, FSL’s GMT Pay aims to bridge the gap between digital asset rewards and everyday spending, allowing users to access their crypto earnings in the real world. This initiative focuses on simplifying the process of converting digital assets into usable funds, offering a practical solution for those earning within the Web3 ecosystem.