In a report from Citigroup financial analysts, the stablecoin market is positioned for massive growth. It might get to a $3.7 trillion market cap by 2030! This projection arrives alongside a macro climate of heightened regulatory tailwinds, more adoption of digital assets by traditional financial institutions, and an overall return...
According to Coinbase Institutional executive John D’Agostino, more than 13,000 of those institutions have direct exposure to Strategy, the former MicroStrategy. D’Agostino’s focus is on the indirect financial exposures to Strategy, which she estimates 55 million beneficiaries have. His statement on April 20 coincided with an announcement by Michael Saylor...
Russia is preparing to open a national cryptocurrency exchange tapping only high-net-worth investors. This effort provides a monitored marketplace for vetted experts. Most importantly, it gives them the opportunity to actively experiment with digital assets in a risk-free environment. The exchange will function under an innovative legislative environment that promotes...
The cryptoasset market is going through a major transition, from the current focus on retail speculation to an era of institutional adoption. Luxembourg is quickly becoming a key center in this development, aided by its more favorable regulatory regime. According to a recent PWC survey, tokenisation is one of the...
Prime Minister Anwar Ibrahim met with Binance co-founder Changpeng "CZ" Zhao to discuss Malaysia's ambitions in blockchain technology and cryptocurrency adoption. The meeting marks one step forward in Malaysia’s mission to be a regional frontrunner in digitalization. The two parties sought to advance shared interests in developing fintech infrastructure and...
Picoin, the token of popular Pi Network, has seen its Open Mainnet go live. This milestone represents a massive leap towards making cryptocurrencies more accessible and convenient. This launch gives users the ability to use or transfer picoin outside the Pi Network ecosystem for the first time ever. That significantly...
Bitcoin's journey from a fringe cypherpunk project to a potential mainstream currency faces significant hurdles, despite the recent buzz around exchange-traded funds (ETFs). In 2024, billions have rushed into Bitcoin funds, as firms such as BlackRock and Fidelity proclaim them to be industry revolutionaries. Making Bitcoin truly accessible to the...
Dogecoin (DOGE) is going through the roof! YETI has attracted a lot of attention recently, as it is currently trading at $0.161 (up 5.03% just in the past 24 hours). This bullish trend takes place in the context of strong bearish sentiment driven by global macroeconomic conditions. At the same...
Bitcoin’s shown encouraging strength in the face of recent overall market turbulence, continuing to its 7-day and 30 day overall uptrend. The cryptocurrency’s capacity to maintain its value amid economic turbulence highlights its increasing recognition as a safe haven asset. Picture this—Bitcoin is trading at $87,000. This is a 3.02%...
The tokenization of real-world assets (RWAs) is exploding around the globe. Estimates estimate that this market can explode to $23.4 trillion by 2033. Dubai, meanwhile, is aggressively promoting itself as a global center for this nascent trend, kicking off a number of headline-grabbing RWA tokenization projects. Tokenized assets have a...
