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Why the next phase of stablecoin payments is about user relationships and distribution

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You can’t have missed the stablecoin sentiment. While bitcoin BTC$65,409.82 and the rest of the crypto market is at a standstill after falling from record highs in October, everyone else is talking about issuing tokens whose value is fixed, tied to a real-world asset. Mostly the dollar. Not just the dollar, of course. This week […]

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The crypto community fears that Iran is choking off oil supplies and crashing the markets, but that may be overblown

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As tensions flare again between Iran, Israel and the US, social media, especially on crypto-social media X (or Crypto Twitter), fear that Tehran may close the Strait of Hormuz, a key oil choke point. Such a move, many worry, could send oil prices and global inflation soaring and shake financial markets, including bitcoin. However, these

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Bitcoin’s proposal to recover $5 billion in stolen Mt. Gox funds get no takers

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Mark Karpelès thought he had a fair question. The former CEO of defunct exchange MtGox, which operates under his GitHub handle MagicalTux, submitted a pull request to Bitcoin Core over the weekend, proposing a hard fork (a fundamental change in the code that splits the blockchain) that would let 79,956 BTC be redirected from the

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Suspected insiders make over $1.2 million on Polymarket ahead of US attack on Iran

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Six Polymarket accounts earned about $1.2 million after correctly betting that the United States would attack Iran on February 28, according to blockchain analytics firm Bubblemaps. In a post on X, Bubblemaps said most of the wallets were funded within 24 hours of the attack and bought “Yes” shares in the “US Attack Iran by

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What now for Ripple-linked token as it drops 10%

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XRP reversed sharply after failing to sustain its rebound, with a high-volume split through $1.36 accelerating downward momentum. News background XRP fell alongside renewed weakness across the broader crypto market, but the decisive move was technical rather than headline-driven. The token had staged a brief relief rally earlier in the week, only to stall below

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Market analysts are sparring as bitcoin heads for worst five-month loss since 2018

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With a few hours left, Bitcoin BTC$64,139.56 is on track to post its worst losing streak since 2018, with February marking a fifth straight monthly decline. The run of losses would be the longest since this 2018-2019 bear market and follows what has already been bitcoin’s worst first 50-day start to a year on record,

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Oil-related futures on Hyperliquid rise 5% after US-Israeli attack on Iran

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Perpetual futures linked to oil prices traded on decentralized exchange Hyperliquid rose on Saturday after the United States and Israel launched coordinated missile strikes on Iran, a key oil producer, igniting explosions over Tehran and several other cities. Oil-USDH perpetuals rose more than 5% to $71.26, while another contract, USOIL-USDH, rose above $86.00. Together, the

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Now what for bitcoin as Iran attacks US bases in Kuwait, Bahrain, UAE

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What started as an Israeli attack on Iran hours earlier has escalated into the widest Middle East military conflict in decades, posing a risk to financial markets, including cryptocurrencies. According to reports on Bloomberg, CNN and Reuters, Iran launched waves of missiles and drones targeting not only Israel, but US bases and interests across the

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