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The Synthetix team told Cointelegraph it has short, medium and long-term plans to mitigate risks as its sUSD stablecoin remains depegged. The Synthetix protocol’s native stablecoin, Synthetix USD (SUSD), has slipped further away from its US dollar peg, reaching new all-time lows under $0.70. However, the firm reiterates that this isn’t the first time the…
Bitcoin’s realized cap hit a record $872 billion, but slowing growth, profit-taking, and underwater short-term holders suggest the market remains risk-off. Bitcoin’s (BTC) realized market cap reached a new all-time high of $872 billion, but data from Glassnode reflects investors’ lack of enthusiasm at BTC’s current price levels. In a recent X post, the analytics…
Traders expect Bitcoin price to benefit from global stimulus, a weaker US dollar, and BTC’s decoupling from equities. Key points: Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Read more If you liked the article, do…
Crypto companies have spent years pushing digital wallets and exchange apps. Cash-based crypto solutions could unlock financial inclusion for overlooked billions of cash-reliant people in developing economies. Opinion by: Alexander Guseff, founder and CEO of Tectum Crypto companies have spent years pushing digital wallets and exchange apps, convinced they’ll bring financial inclusion to the world….
Santiment’s Bitcoin social media sentiment tracker has flipped bullish as the cryptocurrency continues to fluctuate around the $85,000 price level. The tone of Bitcoin-related social media posts has flipped to bullish according to crypto analytics platform Santiment, despite Bitcoin continuing to swing around $85,000. “Traders are showing optimism that BTC can regain $90K, which will…
The deputy head of Russia’s Finance Ministry’s financial policy department, Osman Kabaloev, has reportedly said the country should be developing its own stablecoins. A Russian finance ministry official has reportedly said the country should be developing its own stablecoin after a recent freeze on wallets linked to the sanctioned Russian exchange Garantex by US authorities…
Bitcoin and Ether both dropped in Q1 2025 — even though it’s historically been the second-best quarter for Bitcoin and the best for Ether. Despite recent major developments in the crypto industry, the market has just posted its weakest Q1 performance in years — but a crypto analyst is pointing to several catalysts that could…
The panel at TokenizeThis 2025, in New York City, centered on yield-bearing stablecoins, KYC, and the dominance of US-pegged stablecoins. Stablecoins rose to popularity as a result of limitations in the US financial system — particularly restricted banking hours and the lack of a non-USD trading pair, according to Jerald David, president of Arca Labs….
The Solana network saw an uptick in deposits over the past week. Is this enough to sustain a rally toward $180? Solana’s native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin’s rally is not over. SOL…
Bitcoin Policy Institute executive director Matthew Pines said that tariff earnings are “budget-neutral” and can be used by the US government to buy Bitcoin. A Bitcoin Policy Institute (BPI) executive floated a $1 million Bitcoin price scenario if the United States were to buy 1 million BTC. In a Bitcoin Magazine podcast, Zach Shapiro, the…