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Key takeaways:The TOTAL2 market cap has hit $1.5 trillion for the first time since January.Exchanges received over $1.7 billion in stablecoin inflows this week, and analysts think the positioning is toward altcoins.TOTAL3 increases remain in an early stage, with analysts eyeing a parabolic rally to …
Snail plans to explore the introduction of its own proprietary stablecoin pegged to the dollar. The plan is subject to regulatory approvals, technical feasibility, cybersecurity considerations and market conditions, the company said Tuesday in a statement. Snail retained an adviser and a law firm t…
It’s been a packed week in crypto.Ripple grabbed headlines again, Ethereum got a corporate boost, and the Fed may be facing a shake-up of its own.It’s a mix of regulation, big money, and even bigger signals about where the market could be headed.Here are the top stories you need to know.#1 Fed Chair…
Ripple has selected the Bank of New York Mellon to hold U.S. dollar cash and Treasury bills backing its RLUSD stablecoin, providing the seven-month-old token with a blue-chip banking partner as it scales past $500 million in circulation, according to a Wednesday announcement.BNY, one of America’s la…
Chinese tech giants JD.com and Ant Group are lobbying China's central bank to approve offshore yuan-based stablecoins, as the global stablecoin race intensifies, according to Reuters.Reuters reported on Thursday, citing sources familiar with the matter, that the two tech firms have urged the People'…
Despite all the talk about stablecoins reshaping finance, JPMorgan is pumping the brakes. In a new report, the bank says the stablecoin market is likely to grow to $500 billion by 2028 - much lower than the $1 trillion to $2 trillion predictions being pushed by some others in the industry.Here’s wha…
Tron (TRX) is currently navigating a prolonged consolidation phase that began in December 2024, with prices oscillating between key levels and no clear breakout direction in sight. Despite this range-bound action, Tron remains firmly in the spotlight as fundamental developments capture market attent…
Crypto firm Ripple is applying for a national bank charter in the United States, its CEO Brad Garlinghouse wrote in a social media post on Wednesday, following a similar move by stablecoin giant Circle .The move reflects a broader push by crypto firms for regulatory clarity and deeper integratio…
BounceBit, a company backed by Binance-affiliated YZ i Labs, said on Wednesday it will offer users tokenized stocks by the fourth quarter."The idea is simple: take real-world public market assets and make them instantly accessible onchain," BounceBit said in a post to X. "Coverage will include secur…
Stablecoin issuer Circle said it will soon launch Gateway, a new solution that will provide instant cross-chain liquidity for users of USDC, the second-largest stablecoin.Circle stated that users in the current multichain landscape face fundamental challenges in navigating different networks, as the…
Bills to regulate stablecoins working their way through Washington put Americans at risk and need bolstering, said New York Attorney General Letitia James in a letter to lawmakers.James, who has led efforts in pursuing actions against crypto firms, said the Senate's Guiding and Establishing National…
Today in crypto, the US financial regulator is reportedly weighing a new token listing standard that could ease regulatory hurdles for crypto exchange-traded funds. Meanwhile, German banking giant Deutsche Bank is planning to launch a crypto custody service in 2026. And in Washington, US senators pu…