Bitcoin is about to hit a historic new milestone. In doing so, it has crossed the $100,000 threshold for the first time, signaling a historic shift in the global financial landscape. This surge is coupled with the U.S. government's move to integrate Bitcoin into its strategic reserve policy, marking a...
Bitcoin’s dominance is reaching new highs, possibly marking the beginning of a big altcoin rally phase, as per Raoul Pal. On May 8, the Bitcoin/S&P 500 ratio reached its all-time high of 17.725. This spike is a reminder of Bitcoin’s increasing value proposition over equities. This latest spike is a...
In March 2025, the United States doubled down on its crypto ambitions by creating a Strategic Bitcoin Reserve (SBR). U.S. President Donald J. Trump signed an executive order to catalyze this initiative. It hugely affirms Bitcoin’s use case as a long-term store of value asset and a hedge against macroeconomic...
South Korea has experienced a significant outflow of cryptocurrency assets, totaling $40.6 billion (56.8 trillion won) between January and March. Stablecoins came close to countering the outflow, accounting for close to 50% of the total. Shocking 26.87 trillion won flowed out of the country’s top five exchanges. South Korean users...
Bitwise Asset Management has partnered with 100,000 financial advisors to increase the use of cryptocurrencies. This development coincides with Bitcoin’s recent surge over $100,000. More importantly, perhaps, it signals a new wave of institutional interest and strong bullish sentiment in the crypto market. Meanwhile, Bitcoin continues to grow in popularity,...
When Stacks was integrated a few weeks ago, the protocol’s native token, STX, surged over 1,600%, making it the top performing crypto of all 100 largest cryptocurrencies. Responsible for this surge is BitGo’s recent addition of sBTC, a synthetic derivative of Bitcoin on the Stacks blockchain. The integration is already...
As it stands, under the guidance banks can participate in payment processing with cryptocurrencies or stablecoins without advance approval. This decision constitutes an important change in the regulatory paradigm, away from a need for pre-approval and instead to a system of continuous regulation. Additionally, banks regulated by the Federal Reserve...
Fifth CME Group CME group, the largest derivatives exchange in the world is introducing XRP futures starting May 19 th. This step would be the latest addition to its growing cryptocurrency product line. This announcement comes as interest and adoption of XRP surges with institutional and retail investors alike. The...
PayPal, Inc and Coinbase Global, Inc have furthered their partnership to deploy PayPal USD (PYUSD), PayPal’s stablecoin, in the crypto ecosystem. The collaboration is designed to enhance the usefulness of PYUSD. Additionally, it has plans to bring PYUSD to different decentralized finance (DeFi) platforms and payment chains. This joint endeavor...
The stablecoin sector continues to grow quickly. It’s a lot like how generative AI tools such as ChatGPT proliferated in their early days. We’re seeing the regulatory clarity come into place, and the institutional interest is really sharpening. As such, stablecoins are expected to exceed a $1.6 trillion market capitalization...
