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Economist Timothy Peterson said that the US Federal Reserve’s upcoming actions are likely to “jolt Bitcoin and alts up substantially.” Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in the coming months in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate…
Ethena has partnered with Flowdesk to boost USDe and USDtb access, as USDe surpasses $14 billion in market cap and becomes the third-largest stablecoin. The rapid growth of the Ethena stablecoin ecosystem continued on Friday as Ethena Labs announced a partnership with institutional OTC desk Flowdesk, aimed at expanding access to its two tokens —…
Into The Cryptoverse founder Benjamin Cowen said such a steep drawdown isn’t guaranteed, but “history would at least caution us.” Crypto investors sidelined from Bitcoin this year may still get another chance to accumulate, with a crypto analyst predicting Bitcoin could fall as much as 70% in the next bear market. However, crypto analysts are…
PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge. Payments giant PayPal is expanding its PayPal USD stablecoin across eight new blockchains, seven of which are through an integration with LayerZero’s Stargate Hydra bridge. The integration will create…
Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America. Nubank, Latin America’s largest digital bank, is reportedly planning to integrate dollar-pegged stablecoins and credit cards for payments. The move was disclosed by the bank’s vice-chairman and former governor of Brazil’s central bank,…
An early BNB investor turned $1,000 into $1 million as the token hit the $1,000 price level for the first time, highlighting long-term holding strategies in crypto markets. A long-term cryptocurrency investor has turned $1,000 into $1 million, underscoring the payoff of patient holding strategies in digital assets. The “diamond hand” cryptocurrency holder turned their…
The SEC approved Grayscale’s Digital Large Cap Fund, the first US multi-asset crypto ETP offering exposure to Bitcoin, Ether, XRP, Solana and Cardano. The US Securities and Exchange Commission (SEC) approved the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing. The fund will offer…
Rich Dad, Poor Dad author Robert Kiyosaki says he believes in accumulating gold, silver, oil, Bitcoin and Ether, which he deems “hard money.” Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while…
Coinbase CEO Brian Armstrong said he has never been more bullish about the Digital Asset Market Clarity Act being passed after his time in Washington, DC this week. Coinbase CEO Brian Armstrong says that critical legislation to advance crypto in the US has “a good chance of getting done” after witnessing strong bipartisan support for…
SEC Chair Paul Atkins says the new listing standards will reduce barriers to access digital asset products and give investors more choice. The US Securities and Exchange Commission has approved standards that could speed up spot crypto ETF approvals, as each application would not need to be assessed individually. The decision, detailed in SEC filings…