The Lightning Network is on course to achieve a 100% month-over-month volume growth in liquidity trading, with yields approaching 15% APR. This surge is attributed to increased adoption as the network integrates with various wallets and exchanges, enabling more scalable Bitcoin transactions. Rising yields have encouraged liquidity providers to trade Lightning channel liquidity in response to heightened demand for payments.
Jane Street has disclosed a significant increase in its holdings of Strategy shares, purchasing an additional 785,224 shares, which brings its total to 951,187 shares valued at $121 million. This represents a 473% increase in […]
Michael Saylor announced that Strategy plans to purchase $70 billion worth of Bitcoin, aiming to hold a 7.5% share of the network. Saylor has discussed capping Bitcoin holdings at a certain network percentage to ensure […]
Coinbase CEO Brian Armstrong has fallen out of the top 500 richest individuals on the Bloomberg Index due to a decline in his net worth of over 50% since last year, largely attributed to a […]