The U.S. government is demonstrating respect for privacy and prefers stablecoins over central bank-issued digital assets. President Donald Trump restricted the development of CBDCs, citing privacy concerns. However, the Treasury Department and the Bank of International Settlements are already exploring ways to turn stablecoins into a handy surveillance tool. Summary [...]
Pi Network price remained steady this week as sentiment in the crypto market remained weak and as token unlocks continued. Summary Pi Coin price may have a short squeeze in the coming weeks as the spread of the Bollinger Bands narrows. The token seems to be in the accumulation phase [...]
Amidst heightened volatility in the global digital asset market, Bitcoin continues to maintain its core position in institutional portfolios. Ethereum is attracting attention from both developers and investors due to its upcoming network scaling solution upgrade. Ripple has seen a significant increase in trading volume driven by recent positive regulatory [...]
Dow Jones Industrial Average hovered largely flat as U.S. stocks traded unchanged in early deals on Thursday, with Wall Street assessing the latest jobs data that showed a decrease in private payroll growth. Summary Dow opened flat as ADP report showed private payrolls fell last month. Wall Street expects Federal [...]
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Comparing this year’s Bitcoin (BTC) chart to the U.S. dollar’s DXY index makes for a stark contrast. While Bitcoin has soared to new heights, breaching the $120,000 [...]
Ethena Labs is teaming up with digital asset prime brokerage FalconX to enhance institutional adoption of Ethena’s synthetic dollar, USDe. Summary Ethena Labs and FalconX are partnering to promote USDe adoption for institutions. FalconX has added support for the dollar-denominated stablecoin across spot trading, derivatives and custody. FalconX announced on [...]
Analyst Joao Wedson warns that an October “judgment day” could set Bitcoin up for a crash to $50,000 next year. Summary Bitcoin may be approaching a bear market that could send its price down to $50,000 A long-term chart suggests that Bitcoin is nearing its top, possibly at $140,000 Wall [...]
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Little Pepe presale surges past $23.4m, offering investors a potential 42.9% return ahead of its $0.003 listing. Summary Little Pepe has sold 14.7b tokens, raised $23.4m, and targets a [...]
South Korea’s Bithumb experienced a technical outage that caused significant damages to users who relied on the app for trading activities. The platform stopped working for 1 hour and 40 minutes. Summary Bithumb experienced a 100-minute outage which led to customers losing money when trading was halted. This is one [...]
The U.S. SEC’s Crypto Asset Task Force is reviewing a proposal to protect digital assets against the dangers of quantum computing decryption. Summary The SEC Crypto Asset Task Force has received a proposal titled the “Post-Quantum Financial Infrastructure Framework” designed to provide a roadmap for protecting crypto assets from quantum [...]
