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Bitcoin’s ‘fear meter’ rises nearly 20%, biggest jump since February 5 crash

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Bitcoin BTC$66,924.57 traders are finally taking price sales seriously. The cryptocurrency’s fear gauge, the BVIV index, shows it. BVIV, which measures the 30-day implied or expected volatility of the cryptocurrency, rose nearly 20% on Tuesday to 46.45%. It is the biggest one-day increase since February 5, according to data source TradingView. Here’s why it’s important. […]

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Franklin Templeton says Wall Street fears blockchain because it threatens its profits

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The future of asset management is changing on the chain, but the transition reveals a major structural conflict over traditional companies’ revenues. Speaking on a panel at the Proof of Talk summit in Paris, Jenny Johnson, CEO of Franklin Templeton, a $1.74 trillion asset manager, spoke openly to the industry’s hesitancy to deploy decentralized networks.

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Big tech ‘scared’ of AI agents wiping out ad revenue, says Billions Network CEO

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The legacy financial and digital frameworks that underpin the current Internet architecture are facing an imminent existential crisis. Evin McMullen, co-founder and CEO of Billions Network, told CoinDesk in an interview during the Proof of Talk conference in Paris that tech giants and global telcos are actively struggling to deal with an impending collapse of

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Prediction market traders are betting that bitcoin’s sales have further to run

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Prediction market traders are increasingly betting that bitcoin’s correction is far from over, even after the cryptocurrency tumbled toward $65,000 this week amid mounting pressure from ETF outflows and weakening institutional demand. On Kalshi, traders are currently assigning a 66% probability of bitcoin falling below $55,000 this year and a 50% probability of prices below

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Ripple-linked token falls 5% even as bullish signals pile up

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XRP keeps finding bullish narratives below the surface, but price continues to ignore them. Currency balance sheets are shrinking, ETF money is still coming into crypto, and Binance inflows have slowed sharply. None of that stopped XRP from losing another support level this week, which is usually a sign that technical selling is overwhelming long-term

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Mastercard expands on-chain settlement in bets on stablecoins and always-on funding

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Mastercard is expanding its settlement network to support regulated stablecoins, a move that could help bring blockchain-based payments deeper into the plumbing of the global financial system. The company said Wednesday it plans to offer issuers and acquirers additional settlement options, including intraday, weekend and holiday settlement, as well as on-chain settlement using regulated stablecoins.

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Bitcoin’s fall to $67,000 accelerates a shift to digital dollars

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A week ago, CoinDesk informed readers about the renewed rotation of funds to dollar equivalents such as tether USDT$0.9987 and USD Coin (USDC) stablecoins like bitcoin BTC$66,663.71 pulled back from early May highs above $80,000. This combination was an early warning sign of potential full blown risk aversion in the crypto market. These early warning

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MSTR’s BTC sell-off could kick-start ETH outperformance

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The strategy’s (MSTR) first bitcoin BTC$66,698.36 The selloff since 2022 may have been small compared to its massive $58 billion in holdings, but the market’s reaction could signal a broader shift in crypto markets, according to Standard Chartered’s head of digital asset research, Geoff Kendrick. In a note to clients, Kendrick pointed out that ether

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