The market capitalization of the USDC stablecoin is approaching a record high near $80 billion as demand surges in the Middle East, with one analyst linking the spike to capital flight from the United Arab Emirates. According to data from CoinMarketCap, USDC (USDC)’s circulating supply has risen to roughly $79.2 billion, marking a new all-time …
Continue reading “USDC market cap nears record $80B amid ‘capital flight’ in UAE: Analyst”
A former financial advisor who worked for financial services giants Morgan Stanley and Wells Fargo has been convicted of defrauding three NBA players out of millions of dollars and splurging the funds to purchase luxury items and pay personal bills. The U.S. Department of Justice (DOJ) says that 52-year-old Daryl Cohen used his position to …
The personal information of hundreds of thousands of US healthcare patients may have been leaked in a cyberattack. According to the government of Maine, the sensitive information of 237,830 patients of the healthcare firm Bell Ambulance, headquartered in Milwaukee, Wisconsin, was exposed after the company suffered a cyberattack that started on February 7th 2025. In a …
US spot Bitcoin exchange-traded funds (ETFs) logged their first five-day inflow streak of 2026, bringing in roughly $767.32 million this week. The funds recorded $180.33 million in net inflows on Friday, extending the run of positive flows that began earlier in the week. The strongest day of the streak came on Tuesday, when spot Bitcoin …
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BlackRock’s digital assets head, Robert Mitchnick, said the $14 trillion asset manager won’t get too creative with the types of crypto exchange-traded funds it offers, even as it launched a staking-focused Ether ETF on Thursday. Speaking on CNBC’s Crypto World segment on Friday, Mitchnick acknowledged that some of the crypto ETF structures that other asset …
Continue reading “BlackRock says ‘exotic’ crypto ETFs not part of its strategy”
Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value. In an interview with Morgan Stanley recorded on Jan. 30 and released on Friday, the former hedge fund manager …
Continue reading “Stablecoins could form backbone of global payments in 10 years: Billionaire”
US president Donald Trump is gearing up to host his second memecoin-holder exclusive event at his Mar-a-Lago state in Florida on April 25. Another Edition Of The Memecoin Black-Tie Gala Following the same pattern as his now famously May 22 “gala dinner”, that required roughly $148 million in cumulative token holdings for entry, $TRUMP saw …
Ethereum is attempting to reclaim the $2,100 level as the broader cryptocurrency market experiences a wave of short-term relief following weeks of volatility and downward pressure. While price action remains fragile, buyers have recently pushed ETH higher as traders reassess market conditions and liquidity flows across digital assets. Related Reading Amid this recovery attempt, new …
Continue reading “Ethereum Whale Loads Up $152M In ETH In Three Days — How Much More Will He Buy?”
DeFi activity on the Cardano (ADA) network is showing strong momentum, with Total Value Locked (TVL) spiking by more than 23%. Despite increased on-chain activity, ADA continues to trade below $0.3, with lackluster performance, price swings, and persistent sell-offs over the past months. Cardano Sees DeFi Growth As ADA Price Dwindles Cardano’s decentralized finance ecosystem …
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
Continue reading “Bitcoin Recovery Requires STH Profitability Above 50%: Glassnode”
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
Continue reading “Ethereum Gains New Inflow Channel As BlackRock’s ETHB Starts Trading”
Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value. In an interview with Morgan Stanley recorded on Jan. 30 and released on Friday, the former hedge fund manager …
Continue reading “Stablecoins Could Power Global Payments: Druckenmiller”
Bitcoin showed remarkable strength throughout the week, but BTC’s correlation to tech stocks and its reactive spot ETF flows suggest the bear market isn’t over yet.
A US federal court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts — effectively ending the crypto-focused bank’s five-year-long battle for direct access to the central bank’s payment system. The US Court of Appeals for the Tenth Circuit said in a filing on Friday that it wouldn’t …
Continue reading “Federal court ends Custodia Bank’s legal bid for a master account”
The Bitcoin Policy Institute (BPI), an industry advocacy group, is eyeing a target window between March and August 2026 to pass a de minimis tax exemption for Bitcoin through Congress, warning that time to pass meaningful legislation is running out. BPI said it has engaged with 19 Congressional offices in both the House and Senate …
Continue reading “BPI targets August for BTC tax relief, but warns time is running out”
