In today’s newsletter, Sam Boboev, founder of Fintech Wrap Up, examines how banks are adopting stablecoins and tokenization to improve banking rails. Next, Xin Yan, co-founder and CEO of Sign, answers questions about banks and stablecoins in Ask an Expert. -Sarah Morton From stablecoins to token deposits: why banks are reclaiming the narrative Stablecoins dominated […]
Why banks are reclaiming the narrative Read More »
Some key members of Ethereum, including co-founder Vitalik Buterin, are reviving one of the network’s oldest and most symbolic chapters: the DAO (decentralized autonomous organization). More than 70,500 ethers ETH$2,961.90 that have remained untouched since the 2016 DAO hack — long considered Ethereum’s defining existential crisis — will be redeployed into a roughly $220 million
Ethereum OGs Relaunch DAO With $220 Million Security Fund, Unchained Reports Read More »
Bitcoin BTC$88,336.23 The price continued to decline Thursday evening in the United States, falling as low as $81,000 before rebounding to the current level of $82,000. The world’s largest cryptocurrency has lost almost $10,000 in the last 24 hours of trading. More than $777 million worth of crypto longs were liquidated in the last hour,
BTC hits new 2026 low as day’s slide continues Read More »
A U.S. Senate committee formally advanced the crypto market structure bill on Thursday, taking the next step with legislation that the industry hopes will help it reach a new plateau of investor confidence and involvement. It’s the crypto industry’s largest policy effort ever in the Senate, although there are some headwinds. The committee working on
Crypto bill passes major milestone in US Senate despite opposition from Democrats Read More »
Bitcoin BTC$84,140.26 the rapid fall to $84,000 in the morning in the United States on Thursday was accompanied by equally rapid declines in stocks and precious metals. But while stocks, gold and silver have since rebounded to their worst levels, crypto remains near its session lows, along with BTC, ether. ETH$2,803.58XRP XRP$1.8004and Solana GROUND$117.64 all
BTC could retest April lows below $80,000 Read More »
SEC Chairman Paul Atkins said “the time is right” for retirement plans including 401(k)s to include cryptocurrency, while CFTC Chairman Michael Selig predicted that digital assets will “thrive” once Congress finalizes rules on the structure of the U.S. market. The comments in an interview with CNBC were made as lawmakers on the Senate Agriculture Committee
SEC, CFTC Leaders Take Bullish Tone on Digital Assets Ahead of Regulation Read More »
Circle (CRCL), the stablecoin issuer behind USDC, earned a second upgrade by Wall Street analysts in a week, and this time by its biggest bearish. Compass Point’s Ed Engel, who had a sell rating and the lowest price target among analysts, upgraded the stock to neutral just a day after Mizuho’s Dan Dolev revised his
The central bank of El Salvador, the small bitcoin-friendly Central American country, has added $50 million in gold to its reserves, the institution announced Thursday in an X article. This purchase – 9,298 troy ounces – brings the country’s total gold reserves to 67,403 ounces, valued at approximately $360 million at current prices. President Nayib
Nayib Bukele and El Salvador buy dips in bitcoin and gold Read More »
Amid a broad decline in the traditional market, crypto was once again the most notable underperformer on Thursday. Modest overnight declines in crypto turned into a major rout in the US morning as the Nasdaq lost more than 2% and gold fell almost 10% from an overnight record. But while both of those markets managed
$70,000 could be at stake for BTC, analysts say Read More »
Bitcoin has just passed a price milestone that it has held for two months, and sellers are now taking the lead. This faithful step? Average price of Bitcoin over the last 100 weeks. Since November, this 100-week simple moving average has consistently acted as a safety net, a level at which buyers have continued to
