admin‘Gold is not a store of value anymore’ — Mike McGlone predicts a 2008-like …
In recent developments, according to the Bloomberg Intelligence strategist, the oil shock and rising volatility across commodities and crypto may foreshadow a broader correction in equities. Looking closer, market participants…
Crypto Biz: Circle stock defies Wall Street and digital asset selloff
In recent developments, circle stock surges despite a Wall Street and crypto selloff as stablecoins expand into finance. Canaan adds BTC while Wells Fargo eyes crypto services. Looking closer, market…
Circle’s USDC overtook Tether’s USDT in adjusted YTD volume: Mizuho
In recent developments, analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions. Looking closer, market participants…
Ether accumulation data points to a rally toward $2.8K, but there’s a catch
In recent developments, ether bulls appear to be targeting $2,800 as their next stop, but ETH futures data shows a divided market with limited odds for a sustained 33% rally.…
Federal court ends Custodia Bank’s legal bid for a master account
In recent developments, one judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death…
BPI targets August for BTC tax relief, but warns time is running out
In recent developments, the Bitcoin Policy Institute said the bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions is “encouraging.” Looking closer, market participants highlight key drivers…
Aave to launch ‘Aave Shield’ after $50M token swap mishap
In recent developments, in a post-mortem of the incident, Aave clarified it was not slippage, but an illiquid market that caused the trader to lose over $50 million while swapping…
Bitcoin nears $74K, but data suggests the bear market is not over
In recent developments, bitcoin showed strength throughout the week, but BTC’s correlation with tech stocks and its reactive spot ETF flows suggest the bear market isn’t over yet. Looking closer,…
BlackRock says ‘exotic’ crypto ETFs not part of its strategy
In recent developments, blackRock launched a staked Ether exchange-traded fund on Thursday, expanding its crypto offerings beyond its flagship spot Bitcoin and Ether ETFs that launched in 2024. Looking closer,…
Stablecoins could power global payments within 10 years: Druckenmiller
In recent developments, the investor said stablecoins are faster, cheaper and more efficient than fiat payments running on traditional banking infrastructure. Looking closer, market participants highlight key drivers such as…