Stablecoins are enjoying a moment in U.S. policy circles as the Senate just passed a regulation bill with major bipartisan numbers. As that moment approached, President Donald Trump and his family apparently offloaded about 20% of their stake in the parent company controlling World Liberty Financial, a crypto business that includes its own stablecoin. DT […]
Peter Schiff, vocal proponent of gold and a longtime critic of cryptocurrencies and bitcoin BTC, said he intends to launch his own gold-backed token while taking a dig at the value of U.S. dollar-pegged stablecoins. “I get bitcoin, but not U.S. dollar stablecoins,” Schiff posted Friday on X. “If you’re going to introduce a third-party […]
Arizona moved closer to establishing a bitcoin BTC reserve fund after the state’s Senate voted in favor of the bill at its third reading. Arizona’s Senate passed House Bill 2324 (HB2324) in a 16-14 vote on Thursday, sending it back to House for a final decision. The legislation would update Arizona’s laws on forfeiture, allowing […]
A North Korean hacking group is targeting crypto workers with a Python-based malware disguised as part of a fake job application process, researchers at Cisco Talos said earlier this week. Most victims appear to be based in India, according to open-source signals, and seem to be individuals with prior experience in blockchain and cryptocurrency startups. […]
XRP XRP has staged one of the strongest rallies among crypto majors this cycle, but early retail holders are heading for the exit under the surface. Now trading above $2 — more than thrice its pre-rally base from October 2024 — XRP has become one of the best-performing large-cap tokens over the past 8 months. […]
Bitcoin Cash surged to a two-month high above $499 as bulls took control during an aggressive rally fueled by institutional demand and broader market uncertainty. The move puts BCH within striking distance of the psychologically critical $500 level — a zone last touched during April’s breakout attempt. News Background BCH’s rally comes as escalating global […]
Crypto markets drifted lower on Thursday, caught between hawkish macro guidance, looming global trade deadlines, and fading volatility. Bitcoin BTC hovered near $104,700 during Asia hours, slipping 1.2% over 24 hours, while ether ETH traded just below $2,860, down 1.8% on the day. The soft price action tracks with broader macro unease following Wednesday’s FOMC […]
A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin BTC, has made a comeback in Switzerland, one of the most financial powerhouses of the world. The Swiss National Bank (SNB) cut its interest rate to zero on Thursday, to counter falling inflation, appreciating Swiss franc (CHF) and economic […]
Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins. The move pushed Circle’s stock to $199.59 on Wednesday’s closing, with a high of $211.87 in after-hours trading. The stock is now up over 540% since its June 5 […]
Dogecoin (DOGE) recovered from an intraday low of $0.164 to close near $0.171, posting a 4.7% bounce in line with broader market weakness. The move suggests institutional buyers may be quietly accumulating at lower levels as market participants brace for continued volatility. News Background Dogecoin’s rebound comes in the wake of intense selling pressure sparked […]
Crypto exchange KuCoin is now allowing institutional clients to trade without having to pre-fund wallets, recreating a trading experience that they would recognize from the traditional finance (TradFi) world. The Seychelles-based exchange teamed up with BitGo Singapore and will use the crypto custodian’s Go Network for off-exchange settlement (OES), KuCoin said. “KuCoin’s full suite of […]
Crypto majors slid further on Thursday and the dollar gained ground as fears of a broader conflict in the Middle East intensified. XRP XRP, Cardano’s ADA ADA, and Solana’s SOL SOL lost over 1% in the past 24 hours, while dogecoin DOGE is flat on the day but down over 10% for the week, wiping […]