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By Marc Jones The boom in U.S. dollar-backed stablecoins, helped by Donald Trump's crypto policies, could suck $1 trillion worth of deposits out of emerging economy banks in the next few years, a report from Standard Chartered estimates.About 99% of all stablecoins are pegged to the dollar, which…
By Katherine HamiltonSharpLink Gaming shares fell after the company said it plans to tokenize its stock directly on the Ethereum blockchain.The stock fell 6% to $16.52 on Thursday. Shares have still doubled in value this year.The Minneapolis-based holder of the cryptocurrency Ether is working with t…
Bitcoin falls slightly, staying within a narrow range as investors look ahead to a major quarterly options expiry on Friday. Open interest stands at $40 billion and 38% of these contracts will expire on Friday, CoinDesk reports. The strike price that would cause losses for the largest number of opti…
Turkey is taking steps to prevent the laundering of criminal proceeds from illegal betting and fraud through cryptocurrency transactions, Finance Minister Mehmet Simsek said on Tuesday.On his X account, he reposted an article by state-owned Anadolu news agency saying Turkey was preparing to introduc…
Bitcoin trades steady as investors remain cautious about taking risks amid worries over the Israel-Iran conflict. The WSJ reports that President Trump told senior aides Tuesday that he approved of attack plans for Iran. However, he's holding off on giving the final order to see if Tehran would aband…
By Brian SwintThe price of Bitcoin was rising but other cryptos were falling Tuesday as financial markets more generally paused for breath as the Israel-Iran conflict continued.Stocks and cryptos fell sharply on Friday, when Israel launched new attacks on its neighbor, but started to recover on Mond…
By Vicky Ge HuangBuying bitcoin is becoming a fad for a growing list of companies that have nothing to do with crypto but believe digital assets can boost their stocks.The problem, some industry insiders say: This could expose crypto to new risks, amplifying selloffs in moments of turbulence.The app…
eToro Group is planning to raise around $620 million in an upsized U.S. initial public offering (IPO) priced above market range, the company said on Tuesday.The stock and cryptocurrency trading platform has offered 11.92 million shares at $52 apiece, above its target range of $46 to $50.The stoc…
Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf's scorching sun and hoping the industry's buoyant mood can keep going despite signs the euphoria around Donald Trump's crypto stance is ebbing.Speakers at the two-day event in the desert city include chief executives at…
DUBAI, United Arab Emirates, April 22, 2025 (GLOBE NEWSWIRE) — NNN, the decentralized security and community-powered ecosystem, has officially launched its presale and begun its migration to the Base blockchain. This strategic move marks a new chapter for the project, with revamped tokenomics, sta…
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