Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions. Japanese investment bank Mizuho reported that stablecoin issuer Circle’s USDC overtook Tether’s USDt in transaction volume for the first time since 2019. In a research note released on Friday, Mizuho said it …
Continue reading “Circle‘s USDC overtook Tether‘s USDT in adjusted YTD volume: Mizuho”
After reaching a monthly high of $2,209 on Friday, Ether (ETH) price fell back below a key monthly resistance, which has been tested five times since February. While onchain data highlights a large cluster of investors near $2,800, Ether’s futures market data shows traders are scaling back positions after this week’s rally. Investors’ $2,800 cost …
Continue reading “Ether accumulation data predicts rally to $2.8K, but there’s a catch”
A selloff in both Wall Street and crypto markets hasn’t slowed Circle’s relentless rise. The stablecoin issuer’s stock has more than doubled since early February, with Bernstein analysts expecting further gains as stablecoins continue expanding beyond crypto’s more speculative use cases. The technology is already moving deeper into traditional finance. UK insurance giant Aon recently …
Continue reading “Crypto Biz: Circle stock defies Wall Street and digital asset selloff”
Nuclear power is gaining renewed attention in the United States as artificial intelligence and data center expansion drive demand for reliable, large-scale electricity. According to the latest Miner Weekly newsletter from TheEnergyMag, recent annual filings suggest that major utilities and power producers believe the United States may be entering a “nuclear renaissance.” The publication cited …
Continue reading “Bitcoin miners saw the AI power crunch coming — and the nuclear revival”
Bitcoin (BTC) aimed for five-week highs at Thursday’s Wall Street open as US inflation trends stayed on track. Key points: US inflation data keeps crypto and stocks higher as BTC price action tests $74,000 again. Bitcoin traders diverge over the future of the move, with a “bearish retest” risking a new price collapse. BTC/USD finally …
Continue reading “Bitcoin price eyes $74K rematch as US PCE inflation boosts crypto, stocks”
A popular crypto analyst believes Bitcoin’s (BTC) price will plummet in a matter of weeks. In a new market update, Benjamin Cowen tells his 986,000 YouTube subscribers that Bitcoin remains in a bear market and could drop below $60,000 by the end of March based on historical precedence. “Look at the bear market structure. You …
Opinion by: David Azubike, lead analyst at Blocksquare Prediction markets are no longer an experimental corner of crypto. Data now shows something durable: a financial category with sustained volume, diversified participation and increasing institutional attention. Prediction markets are emerging as a new “arbitrage arena” for crypto traders. Monthly notional volume in prediction markets scaled to …
Continue reading “Prediction markets will scale as far as their resolution infrastructure allows”
XRP’s (XRP) price was up 3% on Friday to trade above $1.40 as several technical and onchain indicators suggested it was due for a “significant” upward breakout. Key takeaways: XRP’s Bollinger Bands indicator now sees the potential for a massive price breakout. XRP’s falling wedge pattern targets $2.55. Declining exchange balances and persistent outflows indicate …
Continue reading “Here’s why XRP bulls see an ‘explosive run’ to $2.55 next”
Update March 13, 10:56 am UTC: This article has been updated to add more information about the regional situation and additional details from the announcement. The Dubai edition of Token2049, one of the crypto industry’s largest global gatherings, has been postponed until 2027 due to regional uncertainty affecting international travel and event logistics. The organizers …
Continue reading “Token2049 postpones Dubai event to 2027 amid regional uncertainty”
HSBC Holdings and a joint venture led by Standard Chartered are reportedly set to become the first authorized stablecoin issuers in Hong Kong. The Hong Kong Monetary Authority (HKMA) is expected to issue stablecoin licenses to HSBC and Standard Chartered, the South China Morning Post reported Thursday, citing people familiar with the matter. HSBC and …
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The US national debt has skyrocketed by more than half a trillion dollars in just four months, according to the U.S. Treasury Department. Since December 12th, the US national debt has risen by approximately $543 billion, per the U.S. Treasury Department’s Debt to the Penny dataset. The total US national debt now stands at $38.88 …
The president of the sell-side Wall Street firm Yardeni Research believes that tensions in the Middle East are lifting the chances of a stock market meltdown. In a new Bloomberg interview, Ed Yardeni reiterates his view that the odds of a sharp stock market sell-off have risen to 35% as the Middle East conflict drags …
A threat actor has claimed to have leaked source code and other sensitive material tied to Sweden’s e-government platform, prompting an investigation by Swedish authorities and an incident response by CGI Sverige. Cybersecurity accounts on X and local media reported Thursday that a threat actor calling itself ByteToBreach had published material it said came from …
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Singapore-based MetaComp said Friday it completed a new funding round backed by Alibaba, as the company expands its stablecoin payment infrastructure. MetaComp completed a Pre-A+ round backed by Alibaba, bringing the cumulative total to $35 million across two rounds in three months, according to the announcement. The latest round also featured the European early-stage venture …
Continue reading “China’s Alibaba joins stablecoin platform MetaComp’s $35M fundraise”
Bitcoin (BTC) may approach a market bottom, with a macro model tied to the US and China’s benchmark 10-year bond yields hinting at a potential rally toward $100,000 in the months ahead. Key takeaways: Bitcoin whales show signs of accumulation that were seen near the 2023 market low. BTC holds key long-term support while “oversold,” …
Continue reading “Bitcoin’s ‘extremely precise’ macro signal puts $100K target back in play”
