Ethena’s synthetic-dollar stablecoin USDe saw one of its sharpest monthly contractions yet, while fiat-backed stablecoins like USDT, USDC and PYUSD attracted billions in inflows. CoinGecko data showed that Ethena’s USDe stablecoin fell from a market capitalization of $9.3 billion on Nov. 1 to a valuation of $7.1 billion on Nov. 30. The token saw roughly…
Key Takeaways Brian Armstrong will discuss the future of money and markets with Larry Fink and Andrew Ross Sorkin. Fink believes tokenization will drive the next generation of financial markets. Share this article Coinbase CEO Brian Armstrong will join Larry Fink, CEO of BlackRock, at the DealBook event tomorrow. The discussion will focus on the…
Crypto prices today have rebounded sharply amid improving market sentiment and institutional flows. Summary Market sentiment has improved and liquidations dropped as risk appetite returns. Institutional inflows and ETF activity are supporting short-term gains. Investors are now watching upcoming Fed and BOJ decisions, which could shape Q4 trends Bitcoin climbed 8% to trade at $93,786…
Ripple’s native token has joined the overall market rally in the past 24 hours and has surged by 10% since its recent bottom of $2.00 to just over $2.20 marked earlier today. Aside from the broader market’s revival, there might be another notable reason behind XRP’s impressive surge now. XRPUSD Dec 3. Source: TradingView XRP…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Grayscale Research has gone against the grain, rejecting Bitcoin’s popular 4-year cycle thesis and saying new highs could be possible next year. Grayscale Research Doesn’t Believe A Prolonged Bitcoin Decline Is Coming Yet In a new report, Grayscale Research has discussed what…
The UK has passed a bill into law that treats digital assets, such as cryptocurrencies and stablecoins, as property, which advocates say will better protect crypto users. Lord Speaker John McFall announced in the House of Lords on Tuesday that the Property (Digital Assets etc) Bill was given royal assent, meaning King Charles agreed to…
Key Takeaways Taurus partnered with Everstake to offer regulated, institutional-grade crypto staking services to banks and financial institutions. Clients can stake major digital assets such as SOL, NEAR, ADA, and XTZ while maintaining secure custody through Taurus-PROTECT. Share this article Taurus, a Switzerland-based digital asset infrastructure provider backed by leading financial institutions like Deutsche Bank,…
Michael Burry, the investor known for predicting the 2008 financial crisis, has renewed his criticism of Bitcoin, stating the cryptocurrency is “worth nothing.” Summary Michael Burry says Bitcoin is “worth nothing” The investor, famous for predicting the 2008 financial crisis, renewed his criticism of the cryptocurrency as a speculative bubble lacking fundamental support. Crypto markets…
Bitfinex Alpha reveals that selling pressure has reduced, and BTC is close to its lowest point in this cycle. The recent market downtrend has left many bitcoin investors and market enthusiasts in confusion. This is because predictors and a few factors point to a further downtrend, while some claim that the world’s leading crypto…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Kalshi has taken a major step in restructuring how prediction markets operate by moving its event contracts onto the Solana blockchain. The transition brings U.S.-regulated prediction markets directly into decentralized finance, positioning the platform to compete more closely with its on-chain rival,…
