Historical Context Since 2017, the stablecoin market has grown significantly, attracting attention from both investors and regulators. Stablecoins, such as Tether (USDT) and USD Coin (USDC), have become important tools for trading in cryptocurrency markets, as they offer stability compared to the v...
Arthur Hayes, co-founder of BitMEX, sharply criticized the recent surge in interest in stablecoins following the IPO of Circle, the issuer of USDC. He expressed the view that new companies entering the stablecoin market are simply copying Circle's model, which, in his opinion, could lead to the form...
Price Forecast Expected Price: The analyst predicts that BTC could reach the range of $138,000 - $150,000. Current Price: The current price is approximately $107,296. Potential Growth: This suggests an increase of +29% from the current value. Analyst Insights The analyst...
Bitcoin Market Update Price Recovery After a sharp decline due to the escalation of the conflict between Iran and Israel, Bitcoin (BTC) has started to recover. On Monday morning, the price reached $106,820, bouncing back from a weekend low of $102,000. This recovery indicates a partial restoration...
Context of the Meeting Michael Saylor, co-founder and executive chairman of MicroStrategy, is known for his active stance on Bitcoin and cryptocurrencies. His company holds the largest Bitcoin reserve among publicly traded companies, making him one of the most influential voices in the crypto indus...
Detailed Overview of SharpLink Gaming's Ethereum Acquisition SharpLink Gaming (Nasdaq: SBET) has made a significant move in the cryptocurrency world by purchasing 176,271 ETH for approximately $463 million. This acquisition positions SharpLink as the largest public holder of Ether globally,...
Donald Trump spoke at the Coinbase State of Crypto Summit, continuing a series of addresses to the crypto industry. His speech was pre-recorded, as was his address at the Digital Asset Summit in March of this year. In his video message, Trump emphasized that he had not completed work on crypto poli...
Polygon's Roadmap: Gigagas Initiative The Polygon team has introduced an ambitious roadmap called Gigagas, aimed at significantly increasing the network's bandwidth. Below are the key details and development plans. Key Goals Objective: Achieve 100,000 transactions per second (TPS),...
Moody's Pilot Credit Rating System 1. Launch of the pilot platform Moody's, one of the world's leading rating agencies, has launched a pilot credit rating system based on the Solana blockchain and using the Alphaledger tokenization protocol. This step is aimed at introducing modern technologies in...
Thank you for sharing the insights from the study by Gemini and Glassnode. Here’s a summary of the key points: Summary of Findings Concentration of Bitcoin Supply: 30.9% of Bitcoin's total supply is held by institutional and centralized entities, including: Governments Public...
Bitcoin Price Update Bitcoin (BTC) has surged to $108,941, approaching its all-time high of $112,000. Several key factors are contributing to this price movement: Key Factors Influencing BTC Price Progress in Trade Negotiations: Positive developments in trade discussions between the U...
Ethereum: More Than Just Cryptocurrency Ethereum (ETH) is evolving beyond its initial perception as merely a speculative asset. Its real value is increasingly recognized in various financial applications and institutional interests. Here’s a breakdown of the current landscape: Key Financial...
CETUS Decentralized Exchange: Recovery After the Hacker Attack CETUS, a decentralized exchange built on Sui and Aptos, has successfully resumed operations following a significant hacker attack that occurred a month ago. Here’s a detailed overview of the actions taken by the team and t...
Metaplanet's Ambitious Bitcoin Accumulation Strategy The Japanese public company Metaplanet has made headlines by significantly increasing its Bitcoin (BTC) acquisition targets. The company has revised its goal from accumulating 21,000 BTC to an ambitious 100,000 BTC over the next 18 months. Here&r...
Current BTC Market Analysis After experiencing a drop to $100,000, Bitcoin (BTC) has managed to stabilize above $105,000. However, the overall market structure remains fragile, leading analysts to caution that any negative event could trigger a significant sell-off. Here are the key insights regard...
Circle's IPO on the NYSE: A detailed overview Circle, known as the issuer of the USDC stablecoin, has officially launched an IPO on the New York Stock Exchange (NYSE) under the ticker CRCL. This event was an important milestone both for the company itself and for the entire cryptocurrency sector, o...
Analysis of the current state of the cryptocurrency market According to CryptoQuant analysts, the current cryptocurrency market demonstrates a non-standard growth structure. Instead of a uniform uptrend, there are sharp spikes and pullbacks, which looks like artificial cooling. This is of interest...
Changing Banking Attidues on Bitcoin ETFs The most prominent US bank is set to accept BlackRock's spot Bitcoin ETFs as collateral for loans to clients in trading and wealth management, Bloomberg reported ahead. This major announcement indicates the banking and cryptocurrency interaction have been r...
Analysis of Current Bitcoin Trends by Joe Burnett Joe Burnett, the Unchained Operations Manager, has drawn an intriguing parallel between the current bullish trend in Bitcoin and the remarkable cycle of 2017, when the price of Bitcoin skyrocketed by 5,640%, increasing from $350 to a peak of $20,089...
News about the "TRUMP Wallet" Donald Trump Jr. has officially stated that the Trump family has nothing to do with the launch of the TRUMP Wallet crypto wallet, which was previously announced by the NFT platform Magic Eden and the development team of the memcoin of the same name. Highlights...
An Extended Review of Brad Garlinghouse's Statements Ripple's Mission Statement Focus on Banking System Reform: Garlinghouse made it clear that Ripple's goal is not to compete with bitcoin, but to change and improve the global banking system. This highlights the company's strategic approach to imp...
Recent Tether Transaction Tether completed a major transaction by transferring 10,500 BTC from the Bitfinex hot wallet to a newly created address. Paolo Ardoino, CEO of the company, confirmed that this step is part of the pre-financing of SoftBank's investment in the Twenty One Capital project. Thi...
Ethereum — "a commodity of trust" What is a commodity of trust? Lubin refers to Ethereum not as a cryptocurrency but as a "commodity of trust," meaning that Ethereum is not just a life asset but guarantees a fundamental and reliable foundation for the entire financial system. Bitcoin is often...
The recent Pectra update has made significant improvements to the functionality of the Ethereum network, which has had a positive impact on both its value and the overall market capitalization of the initiative. However, JPMorgan analysts note that this change does not yet contribute to...
U.S. spot Bitcoin ETFs experienced a significant net outflow of $347 million on May 29, marking the first withdrawal in the past two weeks. This also stands as the largest single-day outflow since March 11, when investors pulled $396 million out of the market. The steep decline in Bitco...