Stablecoin growth will test 24/7 FX liquidity, TransFi CEO says
Local-currency stablecoin launches have increased demand for 24/7 foreign exchange liquidity as more than 70% of conversions into dollar stablecoins begin in another currency. Summary TransFi CEO Raj Kamal expects local-currency stablecoins to move more foreign exchange activity onchain. Round-the-clock…
Bitcoin’s $9.07B Whale Profit Record Puts Rally Floor to Test
Key Takeaways Analyst flagged a record $9.07 billion in short-term whale paper gains. The metric eased to $7.51 billion but remained historically high. Elevated profitability may increase the risk of whale selling. Bitcoin Whale Paper Gains Reach a Record Short-term…
JPMorgan Chase Considering Launch of New Stablecoin As Rival Big Banks Build Dollar-Pegged Token: Report
JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21 banks and financial firms that plan to build a dollar stablecoin for business payments…
Bitcoin News – Sept 9: Capital B’s BTC Treasury Climbs to 3,521 BTC
In Bitcoin news today, Capital B has completed the purchase of 376 BTC for €25.3M, closing out nearly €30.1M in capital raises and pushing the French-listed firm’s strategic Bitcoin treasury to 3,521 BTC. The transaction, confirmed on September 7, was…
Could AI Cut Bitcoin’s Value in Half? Vitalik Buterin Says the Odds Are ‘Tiny’
Buterin says Bitcoin can handle network-layer attacks without needing the kind of broad social consensus required for deeper protocol changes. Vitalik Buterin has rejected a warning that artificial intelligence could cause Bitcoin to lose half its value by weakening…
Bitcoin Takes 79% of Crypto ETF Weekly Inflows as Funds Add $1.24B
Key Takeaways U.S. crypto ETFs drew $1.24B last week, with bitcoin funds capturing $986.85M. Bitcoin took 79.4% of inflows, showing institutions concentrated on core crypto assets. Fed rate expectations will test whether bitcoin ETF inflows can stay elevated. Bitcoin ETF…
The cryptocurrency bull market is back, UE Crypto performs strongly; BTC holders invest in UE Crypto cloud mining to earn $2,700 a day
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. As Bitcoin…
XRP Ripple Held Firm After its September Escrow Release
XRP Ripple released 1 billion tokens from escrow on September 1, worth roughly $1.38Bn at the time, and the sell-off traders have feared for years never materialized. The token was trading around $1.38 when the tokens hit Ripple-controlled wallets and…
XRP Open Interest Recovers as Analyst Flags ‘Unusual Structure’
Key Takeaways XRP’s seven-day open-interest change recovered sharply in eight days. Binance open interest sat around $244 million on Sept. 6. Aggressive sellers dominated perpetual and spot trading. XRP Open Interest Rebounds From Late-August Contraction XRP’s seven-day open-interest change moved…
BTC Bulls Need to Break This Key Level to Regain Momentum
Bitcoin is consolidating around $80K after a sharp recovery from the $60K area. While the broader structure has shifted constructively, BTC is now facing a significant resistance zone near $80K-$82K, while momentum indicators suggest that the latest advance is losing…
