The global stablecoin market has surpassed $284 billion in circulation, reigniting a long-running debate over whether the rapid growth of fiat-backed digital tokens threatens traditional banks or simply represents a new layer of financial infrastructure developing alongside them. At the same time, a recent $2.24 billion dip in major stablecoins hints at near-term risk aversion […]
The recent crypto crash continued on Monday as Bitcoin and most altcoins remained in the red amid rising geopolitical jitters. Bitcoin dropped to $87,380, while Ethereum, Dogecoin, Solana, and XRP fell by over 3% in the last 24 hours. Crypto crash continues as liquidations jumped One key reason behind the ongoing crypto market crash is […]
Tonight’s digest captures markets and geopolitics colliding in real time. In Abu Dhabi, Zelenskyy’s trilateral talks with Russia and the US deliver optics, not breakthroughs, as territorial red lines harden into a durable stalemate. In corporate America, Amazon’s sweeping job cuts underscore that Big Tech’s efficiency drive is structural, not cyclical. Meanwhile, investors are stampeding […]
Bitcoin’s advance toward $90,000 stalled as a wave of coins flowed to exchanges, while on-chain data showed holders slipping into net realized losses for the first time since October 2023. At the same time, spot market signals have brightened, creating a mixed setup in which rising supply meets tentative demand, according to multiple analytics firms. […]
The Senate’s push to set new rules for digital assets has hit a pause, with lawmakers redirecting attention to housing policy and Coinbase withdrawing its backing for the legislation. According to reports by Bloomberg and CoinDesk, the Senate Banking Committee will not return to the crypto bill immediately after postponing a planned markup hearing last […]
Polygon price has retreated and pared back some of the gains experienced earlier this year. The POL token was trading at $0.1345 on Wednesday morning, down from the year-to-date high of $0.1865. Its fundamentals suggest that the POL price will eventually rebound as the network growth accelerates. Polygon’s adoption rate has soared Polygon, one of […]
The fragmented world of multi-chain decentralized finance just got a major infrastructure upgrade. Mantle, the high-performance liquidity layer bridging traditional finance and blockchain, announced today a groundbreaking partnership with Everclear that eliminates one of crypto’s most persistent friction points: converting assets across different blockchain networks. Users can now swap wrapped ETH (wETH) from Ethereum, Arbitrum, […]
This week in LATAM crypto, three stories are taking the spotlight: El Salvador is expanding its Bitcoin Zones to spur innovation and economic growth. On the other hand, MEXC claims record expansion and community participation across Latin America, and a high-profile Polymarket bet on Nicolás Maduro’s departure raises concerns about insider information. These developments highlight […]
Bitcoin price lost a key support level after a failed breakout attempt past $97,000. Risk sentiment faded as key legislation stalled in the US and short-term traders started booking profits. Total crypto market cap slipped below the $3.3 trillion mark for the second time this month, having dropped over 2%. The crypto fear and greed […]
Three US House Democrats are accusing the Securities and Exchange Commission of stepping back from its enforcement role in the cryptocurrency sector and are demanding explanations from SEC Chairman Paul Atkins over the agency’s dismissal or pause of several high-profile crypto cases, including one involving Tron founder Justin Sun. In a letter sent Thursday to […]
