Tag: stablecoin

Despite concerning turbulence across the global financial markets, the Web3 space is entering summer with some powerfully bullish undercurrents. Bitcoin (BTC) continues to trade above the $103,000 level, weathering a nearly 5% pullback that began last week, while Ethereum (ETH) remains in a long-term uptrend following multiple attempts at breaking its $2,750 resistance line. US […]

In a major turning point for digital asset legislation, the U.S. Senate has officially passed the GENIUS Act, a bill aimed at regulating stablecoins and laying the groundwork for broader crypto oversight.

Bangkok has thrown new weight behind its digital-asset ambitions, carving out a five-year capital-gains tax holiday for Thais who sell cryptocurrencies such as Bitcoin through locally licensed exchanges.

BBVA has quietly joined the ranks of legacy banks nudging high-net-worth customers toward digital assets.

In a move to strengthen its position in the regional fintech race, Malaysia has unveiled a new digital sandbox aimed at nurturing innovation in blockchain and digital finance.

Arthur Hayes believes investors are about to learn a painful lesson from the post-Circle euphoria.

Bitcoin’s (BTC) price continues to show resilience above the $102,500 mark, reaffirming investor and corporate confidence in this quarter’s bullish uptrend. In a groundbreaking move, Trump Media & Technology Group has applied to launch an ETF that includes BTC and Ether (ETH), aiming for roughly a 75/25 allocation (75% BTC, 25% ETH), with Crypto.com lined […]

Circle’s first fortnight on the New York Stock Exchange turned into a quick trade for Cathie Wood’s ARK Invest.

The crypto landscape is seeing fresh collaboration as Ripple teams up with Alchemy Pay, expanding global access to its new stablecoin.

A pivotal vote in the U.S. Senate could soon reshape how stablecoins are regulated, as lawmakers prepare to decide the fate of the GENIUS Act—a bill that’s been in negotiation for weeks.

Polyhedra Network says a mix of coordinated liquidity pulls, aggressive market-maker selling, and cascading liquidations drove its ZKJ token from $1.92 to $0.29 in a single afternoon on 15 June.

Bitcoin belongs in the same league as the printing press and the Model T, according to a new research note from Bank of America.

Gemini and Coinbase are reportedly on the verge of securing operational licenses in the European Union, signaling a major step forward in their international growth plans.

JPMorgan Chase has filed a new trademark application for “JPMD,” signaling its intent to expand deeper into blockchain-based financial services.

Last week, lawmakers in the House Financial Services Committee sparred over proposed digital asset legislation as concerns mounted about President Trump’s personal crypto connections. Critics argue that without explicit safeguards, the CLARITY Act could pave the way for the president to profit from the market. This publication is sponsored. CryptoDnes does not endorse and is […]

The altcoin market may be heading into a storm of activity, with technical patterns suggesting a potential shift in momentum.

Vietnam has passed a sweeping Digital Technology Industry Law that, for the first time, sets firm rules for cryptocurrencies and other virtual assets.

Donald Trump earned over $58 million from crypto-related ventures in 2024, according to his latest financial disclosure report.

Cardano founder Charles Hoskinson has hinted at a broader plan to bring Ripple-associated assets, including XRP and the RealUSD (RLUSD) stablecoin, into the Cardano ecosystem.

Amazon and Walmart are quietly weighing whether the launch or acceptance of proprietary stablecoins marks a pivotal moment for digital payments. By potentially sidestepping costly credit‑card networks, these retail behemoths could save billions in interchange fees while offering instant, dollar‑pegged settlements.  Exclusive: Walmart and https://t.co/KUZV6DVpXq have recently explored whether to issue their own stablecoins in […]

Shopify is taking a bigger step into digital payments by testing out stablecoin transactions using USDC on Coinbase’s Base, a fast, low-cost Ethereum Layer-2 network.

A bipartisan push on Capitol Hill is giving America’s biggest merchants a new reason to dabble in blockchain.

Tether, the company behind the world’s largest dollar-pegged stablecoin, has quietly expanded its footprint into the precious-metals sector.

Cardano’s leadership is floating an unconventional idea: turn part of the project’s war chest into a revenue-generating portfolio that holds Bitcoin and USD-pegged tokens.

SharpLink Gaming has taken an aggressive leap into the crypto world by converting a significant portion of its capital reserves into Ethereum.

The Financial Stability Board is growing increasingly uneasy about crypto’s expanding footprint in global finance, cautioning that the lines between digital assets and traditional markets are blurring faster than expected.

The crypto market’s bullish streak is rolling into the summer trading season, as Bitcoin (BTC) has planted itself above its critical $108,300 support price. Even whale traders are stacking leverage again: James Wynn, for instance, opened a 40x long on BTC and a 10x long on PEPE last week, and is now sitting on more […]

Excitement is building around the possibility of U.S. regulators approving a spot Solana ETF, potentially as early as this summer.

A wave of interest in stablecoins is sweeping through corporate America, with a growing number of companies—large and small—now exploring blockchain-based payment solutions to bypass traditional inefficiencies.

South Korea’s President Lee Jae-myung is swiftly acting on his campaign promises, with his Democratic Party proposing a new Digital Asset Basic Act to enable domestic stablecoin issuance.

Plasma’s XPL token ICO rapidly raised $500 million, drawing over 1,100 depositors.

Japanese financial heavyweight SBI Group has significantly backed stablecoin issuer Circle, injecting $50 million into the company’s recent upsized initial public offering (IPO) on the New York Stock Exchange.

Société Générale’s crypto-focused subsidiary, SG Forge, is gearing up to introduce a new dollar-denominated stablecoin, marking a deeper move by traditional European banking into the digital asset space.

Tether CEO Paolo Ardoino has floated a bold valuation scenario: if the stablecoin giant were to go public, its market cap could soar to $515 billion — potentially making it one of the top 20 most valuable companies globally, surpassing legacy giants like Coca-Cola and Costco.

While Bitcoin continues to dominate the crypto spotlight, Ethereum is quietly gaining momentum as the backbone of a more mature blockchain-based financial system.

Bitcoin (BTC) recently slipped below the $105,000 level amid profit-taking by large holders, but broader sentiment remains upbeat due to a few groundbreaking developments for the Web3 space. The stablecoin issuer Circle Internet Group had an explosive IPO debut on the NYSE this Thursday, raising over $1 billion and watching its stock surge as high […]

A new blockchain initiative backed by the forces behind Tether and Bitfinex is taking shape—one that’s turning its focus away from retail crypto users and setting its sights firmly on institutional finance.

As the European Union prepares for its next phase of crypto oversight, regulators are turning their attention to decentralized finance (DeFi)—without a clear definition of what decentralization actually means.

Uber is exploring stablecoins as a way to reduce international payment expenses, according to CEO Dara Khosrowshahi.

Retail investors in the UK may soon gain access to crypto exchange-traded notes (ETNs), as the Financial Conduct Authority weighs reversing a three-year ban.

Circle’s arrival on the New York Stock Exchange sent shockwaves through the market, and Cathie Wood’s ARK Invest wasted no time jumping in.

Circle, the company behind the USDC stablecoin, made a dramatic entrance onto the New York Stock Exchange on June 5, with its stock skyrocketing 167% by market close.

A recent congressional hearing meant to advance digital asset regulation instead erupted into political controversy, as lawmakers questioned whether former President Donald Trump could personally benefit from the proposed CLARITY Act.

Circle, the company behind the USDC stablecoin, has raised more than $1.1 billion in a highly anticipated IPO, outperforming its earlier fundraising targets.

US military leaders have privately backed creating a strategic Bitcoin reserve. This signals a major shift in defense’s view of cryptocurrency at top levels. The endorsement occurs amid rising China economic tensions, showing Bitcoin’s new role as a geopolitical asset. This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, […]

With U.S. debt now over $36 trillion and the August 2025 ceiling deadline approaching, fears of default are mounting.

Ripple’s David Schwartz has offered fresh insight into the evolving role of the XRP Ledger, signaling a shift from simple crypto transactions toward building a full-spectrum financial infrastructure.

South Korea’s presidential race ended with a decisive win for Lee Jae Myung, who secured 49.42% of the vote on June 4, 2025.

Brad Garlinghouse has flatly denied that Ripple ever attempted to acquire Circle, the company behind the USDC stablecoin, shutting down weeks of speculation about a potential $5 billion deal.

In a strategic move that signals growing institutional crypto integration, Russia’s top lender Sber recently launched a Bitcoin-linked bond product. The offering, now trading over-the-counter for qualified investors, will soon hit the Moscow Exchange, marking one of the country’s first mainstream crypto-financial hybrids. This publication is sponsored. CryptoDnes does not endorse and is not responsible […]

Altcoins may be heading for deeper losses against Bitcoin, according to crypto market analyst Benjamin Cowen, who sees no signs of reversal in the broader trend.

Ripple’s RLUSD stablecoin has received the green light from the Dubai Financial Services Authority (DFSA), paving the way for its use in the Dubai International Financial Centre (DIFC).

Stripe is exploring how stablecoins could reshape banking services, as the payment giant reportedly held preliminary discussions with financial institutions eager to tap into blockchain-based digital dollars.

Sui (SUI) has dropped in the past week as the crypto market rally that started in late April has cooled off a bit but has still managed to leave the token in a much better place to eye a retest of its all-time high. This layer-1 blockchain had a great first quarter. A report from […]

Litecoin is taking a major leap into the world of DeFi and Web3 with the launch of LitVM, a newly introduced Layer-2 network designed to bring smart contract capabilities to the long-standing cryptocurrency.

Bitcoin’s recent price dip has stirred fresh debate around its connection to global liquidity, with analysts highlighting the relationship between BTC’s trajectory and the expanding M2 money supply.

BlackRock is reportedly preparing to purchase nearly 10% of the shares in Circle Internet Financial Ltd.’s upcoming IPO, expanding its existing role as manager of the Circle Reserve Fund, which backs USDC with roughly $30 billion in assets.

Uphold, a digital finance platform known for its crypto-friendly services, is taking new steps that could reshape how XRP holders earn passive income.

Bitcoin is entering June with renewed strength as institutional appetite and fresh capital flows continue to shape its trajectory.

Ethereum (ETH) has gone down by 2.4% in the past 24 hours and currently sits at $2,580 in what has been mostly a red week for the crypto market. Trading volumes have retreated by 5% during this same period, indicating that the selling spree is not that strong at the moment. However, crypto liquidations have […]