Business

Stablecoin volume to hit $35 trillion by 2025 as illegal share remains below 0.5%

Less than 0.5% of stablecoin transactions were linked to illegal activity by 2025, according to a recent report by blockchain analytics platform TRM Labs. Illegal flows accounted for about 0.4% of total activity, underscoring that the use of the stablecoin remains overwhelmingly legitimate, TRM Labs’ analysis showed. TRM said 2025 was the first year in […]

Stablecoin volume to hit $35 trillion by 2025 as illegal share remains below 0.5% Read More »

The majority of stablecoin users would use a crypto wallet issued by their bank

A majority of stablecoin users want their banks to make it easier for them to buy and use stablecoins for regular transactions, according to a new survey compiled by YouGov. About 77% of the 4,658 respondents said they would open a cryptocurrency or stablecoin wallet in their banking or fintech app if one were available.

The majority of stablecoin users would use a crypto wallet issued by their bank Read More »

Crypto Stabilizes After Selloff, While Derivatives Flash Caution Signals

Bitcoin BTC$66,871.02 and ether (ETH) both rose about 0.9% overnight, while the broader altcoin market lagged on Thursday. BTC recently traded at $67,000 after briefly touching $66,000 on Wednesday. Ether, at $1,970 after bouncing $1,924, is struggling to break through the psychological $2,000 price level. Volatility has eased since the sale on February 5. Two

Crypto Stabilizes After Selloff, While Derivatives Flash Caution Signals Read More »

Crypto majors dive despite tech-driven boost in Asian markets

Crypto prices fell across the majors on Thursday, with Ether, XRP and Solana leading declines as traders struggled to extend this week’s brief stabilization. Bitcoin was trading near $66,700, down about 1.7% over the past 24 hours, according to CoinDesk’s market data. Ether fell a similar amount to around $1,965, while XRP fell nearly 5%

Crypto majors dive despite tech-driven boost in Asian markets Read More »

Bitcoin, ether, xrp ETFs bleed as Solana bucks outflow trend

US-listed crypto ETFs are flashing red across the board, with one notable exception. Bitcoin spot ETFs saw $133.3 million in daily net outflows per Feb. 18, led by BlackRock’s IBIT, which lost $84.2 million, and Fidelity’s FBTC, which lost $49 million. Total net assets across bitcoin funds are $83.6 billion, about 6.3% of bitcoin’s market

Bitcoin, ether, xrp ETFs bleed as Solana bucks outflow trend Read More »

Ledn raises $188 million. with the first BTC-backed bond sale on an asset-backed market

Ledn, a crypto lending company, has completed the first asset-backed securities (ABS) deal backed by bitcoin collateral, raising $188 million for crypto credit markets. Asset-backed securities are bonds that are backed by pools of underlying loans, where investors receive payments from the cash flows generated by those loans. Bloomberg reported that the bonds are secured

Ledn raises $188 million. with the first BTC-backed bond sale on an asset-backed market Read More »

$40,000 BTC put option emerges as second biggest bet ahead of February expiration next week

The $40,000 put option has emerged as one of the most significant positions in the bitcoin market ahead of the February 27 expiration, highlighting strong demand for downside protection after a violent selloff. Options are derivatives that give holders the right, but not the obligation, to buy or sell bitcoin at a predetermined price before

$40,000 BTC put option emerges as second biggest bet ahead of February expiration next week Read More »

BTC may be jumping, but the market still lacks the fuel for a real run

Bitcoin is finding room to jump, but not yet the fuel to run. The macro background has been improved just enough to give bulls something to work with. Cooling headline inflation has bolstered expectations for three rate cuts this year, reviving the familiar playbook where easier monetary policy supports risk assets. And it could signal

BTC may be jumping, but the market still lacks the fuel for a real run Read More »

BTC on track for fifth weekly drop, first since 2022, geopolitical risks rise

Bitcoin is on track to post its fifth straight weekly loss, which would mark the first such streak since March to May 2022, when bitcoin fell for nine consecutive weeks. As of Thursday Asian time, the largest cryptocurrency by market capitalization has already fallen about 3% on the week, below $67,000, according to CoinDesk market

BTC on track for fifth weekly drop, first since 2022, geopolitical risks rise Read More »

Scroll to Top