This morning’s crypto market outlook is shaped by several high-impact developments. Firstly, Bitcoin continues its consolidation just above $111K, with analysts suggesting a possible 10% downside risk is the ‘worst case scenario,’ reflecting a cautious but resilient sentiment among holders.... ... Read full CryptMarket Analysis — 9-9-03
Binance, the world’s largest crypto exchange, is integrating Ethena Labs' USDe synthetic dollar across its platform, initially as a spot trading pair with the USDT stablecoin. Ethena Labs referred to the move as "one of our most important integrations to date," in a statement on Tuesday.Notably, USD…
Bernstein analysts reaffirmed their $230 price target for Circle's stock (ticker CRCL) on Monday as they are confident the USDC stablecoin issuer will manage to sustain growth regardless of impending competition.The analysts specifically addressed concerns related to a debate regarding Hyperliquid a…
Volkswagen Singapore now accepts Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and more for car purchases.
Stablecoin issuer Tether has abandoned its plan to freeze USDT smart contracts on five chains, saying the tokens will remain transferable but no longer be issued or redeemed.The revised plan impacts users on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, Tether said on Friday after receivi…
Update Aug. 21, 2:23 p.m. UTC: This article has been updated to include a paragraph on Latin American stablecoin adoption.Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, accordi…
According to a Tuesday announcement, Hines will collaborate with Tether’s leadership team to “shape and execute the company’s U.S. market entry.”
Circle’s new layer-1 blockchain Arc will integrate with Fireblocks, a New York–based digital asset custody and tokenization platform serving more than 2,400 banks, asset managers and fintechs. Arc is not yet live, but Circle plans to roll out a public testnet this fall ahead of a full launch by year…
Binance has joined as the first member of T3+, an expanded effort from the T3 Financial Crime Unit founded by Tron, Tether, and blockchain analytics firm TRM Labs. The move comes as TRON founder Justin Sun announces that the organization has helped freeze over $250 million in criminal assets less th…
China is set to approve the development of the first Yuan stablecoin for internal and external use. According to a report by the Financial Times, China has continued to use Hong Kong as its testbed for cryptocurrency and blockchain products.After years of curtailing the development of Yuan-backed st…
The number of crypto professionals receiving salaries in digital assets has tripled over the past year, with 9.6% now paid in stablecoins, according to a report by venture capital company Pantera Capital.Based on over 1,600 responses from crypto professionals across 77 countries, the report points t…