The stablecoin market continued its rapid ascent, with overall capitalization reaching an all-time high of over $314 billion, as the growth of Tether’s USDT and Circle’s USDC (CRCL) led the way, according to broker Canaccord Genuity. With the GENIUS Act coming into effect, compliant stablecoins such as USDC are now treated equally to cash by […]
Jito Foundation, a crypto protocol that supports the Solana blockchain GROUND$186.69raised $50 million in a private token sale led by Andreessen Horowitz’s crypto a16z, it announced in a press release on Thursday. The funding will support the foundation’s efforts to scale the Jito network infrastructure, expand its development tools, and continue to develop liquid staking
Jito from Solana (SOL) Staking gets investment from a16z Read More »
Gold is up almost 60% year to date, significantly outperforming bitcoin, which, by comparison, is up just 13% – despite all the talk of a bull market. Analysts say gold is not too expensive, despite the epic rally, and Kalshi traders are confident that 2025 will be the year the yellow metal outperforms BTC. (Kalshi)
Are BTC traders ready for a gold market? Read More »
In today’s “Crypto for Advisors” newsletter, Canary Capital’s Josh Olszewicz breaks down Litecoin from its history to its growth. Then, in “Ask an Expert,” Institution’s Billy Luedtke answers questions about decentralized finance and its growth. Thanks to our newsletter sponsor this week, Grayscale. For financial advisors near Denver, Grayscale is hosting an exclusive event, Crypto
A resilient digital asset over the long term Read More »
Coinbase (COIN), the US-listed cryptocurrency exchange, is introducing a stablecoin payments platform to allow businesses to send and receive USDC, the company announced Thursday. Simply named “Coinbase Business,” the new set of tools will simplify vendor payments, eliminate chargebacks and offer seamless API integrations, allowing businesses to scale efficiently, the exchange said. USDC balances held
Crypto Exchange Coinbase Introduces Its Own Stablecoin Payment Platform Read More »
Bitcoin BTC$108,694.70 the price is oscillating precariously within the critical support zone amid increasing volatility indices across all asset classes. The leading cryptocurrency by market value fell almost 2.5% to $108,000 in 24 hours. It entered the key support zone at $107,000 to $110,000, which if breached would mark a significant weakening in buying pressure
Bears Fight Critical Support Zone as BTC, Stocks and Gold Volatility Indices Rise Read More »
The Bitcoin network’s hashrate declined slightly in the first two weeks of October, falling from 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report on Thursday. The decline in the hashrate follows successive records observed in August and September. U.S.-listed miners tracked by the
Stablecoins are emerging as one of the clearest near-term use cases for transforming cross-border payments, according to a report from accounting firm KPMG published last month. Banks currently rely on a correspondent banking network that moves about $150 trillion a year, the report said, a system that typically takes between two and five days to
Stablecoins can reduce the cost of cross-border payments by 99%, according to KPMG Read More »
In a story that is becoming all too familiar to crypto bulls, prices fell sharply on Thursday even as gold and silver hit new record highs. Bitcoin BTC$107,986.98 fell about 2% in the past hour to $108,800, having all but abandoned its rebound following Friday’s crash. Action in rest of crypto shows even steeper declines,
A Simple Reason Why Bitcoin, Ether, XRP, and Solana Can’t Take a Break Read More »
BNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching its own token, executives said during the company’s recent earnings discussion Thursday. The bank, one of the world’s largest custodians, has proposed several blockchain-related investments in 2025, including those that would support real-world asset settlement and tokenized payments. Executives linked
BNY Mellon Remains “Nimble” on Stablecoin Plans, Focuses on Infrastructure Read More »
