Stablecoins, currently valued at less than $200 billion in market capitalization, represent a minor fraction of the global financial landscape—only about 1% of the U.S. money supply and foreign exchange transactions. Despite their limited presence, a recent report from Standard Chartered and Zodia Markets indicates noteworthy potential for growth. This report, entitled “Stablecoins: The First
DeFi
The world of cryptocurrency is no stranger to volatility, and Bitcoin (BTC) epitomizes this phenomenon. With significant fluctuations in its price over recent days, BTC has demonstrated remarkable behavior, oscillating around critical price levels and drawing the attention of both seasoned traders and casual investors. As we delve into the current state of Bitcoin, it’s
In the ever-fluctuating landscape of cryptocurrency, Cardano (ADA) has recently emerged as a noteworthy competitor, trading above the significant $1 threshold. The optimism surrounding its price trajectory is grounded in a blend of historical performance and current on-chain metrics, which paint a promising picture for investors. This article ventures into the implications of these developments,
Bitcoin, long hailed as the flagship cryptocurrency, has recently experienced a remarkable surge, boasting a 33% increase in just one month. This robust upward momentum has reignited discussions about its price trajectory, with enthusiasts and analysts alike setting ambitious targets. Notably, Charles Hoskinson, the founder of Cardano, has projected that Bitcoin could reach a staggering
Cardano’s ADA has recently captured the attention of investors, with a remarkable 180% price surge over the past month. This meteoric rise saw the token briefly surpass the $1 mark, a psychological barrier for many traders. Currently, the price fluctuates around this level, suggesting a significant transformation in market sentiment. A defining characteristic of this
In a significant stride towards validating cryptocurrency as a mainstream financial asset, Bitwise Asset Management has recently proposed a new exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). This proposal is anchored in Bitwise’s existing 10 Crypto Index Fund, which reflects an increasingly strategic approach to digital assets in the investment arena.
In the ever-evolving landscape of U.S. financial regulation, the appointment of new leadership can herald significant shifts in policy and philosophy. President-elect Donald Trump is reportedly considering Paul Atkins, a seasoned advocate for deregulation and innovation, as the next chair of the U.S. Securities and Exchange Commission (SEC). This decision, if realized, represents not just
In a groundbreaking move, South Korean game developer Delabs Games is set to bring its acclaimed mobile title, Boxing Star, to the popular messaging app Telegram. This initiative signals not just a simple port of the game but rather a comprehensive transformation intended to harness the unique advantages of Telegram’s ecosystem. Slated for a Q3
In the ever-evolving landscape of cryptocurrency, the emergence of meme coins has opened doors to both creativity and controversy. One platform making significant strides in this arena is Pump.fun, a Solana-based meme coin generator. However, the platform recently faced severe backlash due to its livestream feature, prompting it to halt this function indefinitely. This decision
In an age where technology is redefining the global economic landscape, Iran is stepping forward with its ambitious plan to introduce a central bank digital currency (CBDC) named the Digital Rial. Announced by Central Bank Governor Mohammad Reza Farzin at the 11th Annual Conference on Modern Banking and Payment Systems, this initiative aims to transform