Stay ahead in the fast-moving world of cryptocurrency with our up-to-date global news coverage. From Bitcoin and Ethereum to DeFi, NFTs, and blockchain innovation, we deliver the latest market trends, expert insights, and key developments shaping the crypto industry. Get the news you need to make informed decisions — all in one place.
News
JPMorgan's CFO has warned that yield-bearing stablecoins could create a "dangerous" parallel banking system, potentially undermining traditional financial institutions. He expressed concerns that these stablecoins might attract deposits away from banks, leading to increased risks in the financial system. The CFO emphasized the need for regulatory
News
Strive's shares dropped 12% following the announcement of a deal with Semler to expand its Bitcoin treasury. The partnership aims to increase Strive's exposure to Bitcoin as part of its investment strategy. Despite the potential benefits of diversifying its assets, the market reacted negatively, leading to
News
Old Glory Bank, a crypto-friendly financial institution, is planning to go public by listing on Nasdaq through a special purpose acquisition company (SPAC). The bank aims to leverage the growing interest in cryptocurrency and blockchain technology to expand its services. This move is part of a broader trend of traditional
China
Bitcoin options open interest has surpassed that of futures contracts, indicating a shift in market dynamics and potentially leading to reduced volatility for BTC. This trend suggests that traders are increasingly favoring options for hedging and speculation rather than traditional futures. The growing dominance of options may contribute to a
News
A special purpose acquisition company (SPAC) linked to cryptocurrency exchange Kraken is planning to raise $250 million through a public offering in the United States. The SPAC, known as "Sapphire Sport," aims to target companies in the digital asset and blockchain sectors for potential mergers or acquisitions. This
China
Bitcoin experienced a 2% increase, reaching $93,500, following the release of inflation data that heightened expectations for additional interest rate cuts. The positive market reaction reflects investor sentiment that lower rates could boost demand for cryptocurrencies. Analysts suggest that the inflation figures may influence the Federal Reserve's
News
The PsyopAnime meme cryptocurrency has surged by 30 times, sparking discussions about the potential resurgence of meme coins in the market. Meanwhile, Monero has reached an all-time high, indicating strong interest in privacy-focused cryptocurrencies. The article features an interview with Joseph Chalom, CEO of Sharplink, who shares insights on the
China
JPMorgan's CFO expressed concerns that the growing use of stablecoins could create a "parallel banking system" that operates outside traditional financial regulations. He highlighted the potential risks associated with stablecoins, particularly regarding their yield generation, which could attract investors away from conventional banking products. The CFO
News
Bitcoin has surged above $93,000 as U.S. inflation rates remain stable, indicating a potential shift in investor sentiment towards cryptocurrencies. The Consumer Price Index (CPI) data showed inflation holding steady, which has led to increased confidence in Bitcoin as a hedge against inflation. Analysts suggest that the current
News
Bitcoin has surged past $93,000, demonstrating resilience despite the delay of the CLARITY Act, which aimed to provide regulatory clarity for cryptocurrencies in the U.S. The rally comes as investors remain optimistic about Bitcoin's long-term prospects, with increased institutional interest and adoption. Analysts suggest that the
News
Polygon has entered into a $250 million agreement to acquire Coinme and Sequence as part of its strategy to enhance stablecoin payment solutions. Coinme is known for its cryptocurrency ATM services, while Sequence offers a wallet infrastructure aimed at simplifying digital asset transactions. This acquisition is expected to bolster Polygon&
News
A new Senate bill aimed at regulating cryptocurrencies includes provisions for stablecoin rewards, which are currently facing scrutiny from industry stakeholders. The legislation seeks to establish a framework for stablecoins, addressing concerns about their stability and the potential risks they pose to the financial system. Key industry players are evaluating