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Posted inCrypto

Stablecoin boom risks ‘cryptoization’ as fragmented rules leave economies exposed — Moody’s

As stablecoin and cryptocurrency adoption accelerate worldwide, emerging markets face mounting risks to monetary sovereignty and financial stability, according to a new report from Moody’s Ratings.
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Posted inCrypto

Plasma’s Savings Vault Attracts Almost $3 Billion in 24 Hours

Bitfinex-backed stablechain Plasma launched its mainnet yesterday, and the chain’s initial lending vault, powered by Aave and Veda, has surpassed $2.7 billion in deposits in less than 24 hours.
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Posted inCrypto

BounceBit Prime surpasses $1.5B in cumulative volume with help from Franklin Templeton’s Benji

Key Takeaways BounceBit Prime exceeded $1.5B in cumulative volume, largely due to support from Franklin Templeton’s Benji token. Benji is a tokenized share of Franklin Templeton’s OnChain US Government Money…
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Posted inCrypto

Expert Projects HYPE Token Upside as Bitwise Files for Hyperliquid ETF With SEC

An expert has projected a significant upside for the HYPE token, despite its recent dip in the market. This comes as Bitwise filed for a spot Hyperliquid ETF with the U.S. SEC. The move could open the door for Wall Street investors to gain direct exposure to the token.
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Posted inCrypto

Meme Coin Modeled on Baby Shark Creator Collapses

A meme coin touting Pinkfong’s name collapsed on Thursday after the entertainment company behind YouTube hit Baby Shark said that it was unaffiliated with the token.
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Posted inCrypto

Will Bitcoin Finish the Month Above $105K? Traders Are Losing Faith

The recent weakness in Bitcoin’s price has predictors on Myriad feeling bearish about the asset’s next major price milestone—now predicting a dip to $105,000 before it makes a new all-time high at $125,000. 
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Posted inCrypto

Early Uber Investor: Avoid Saylor, Buy Bitcoin Directly

Prominent Uber investor Jason Calacanis has reiterated that investors who want to get exposure to Bitcoin should buy the leading cryptocurrency directly instead of buying the shares of Strategy (MSTR).
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Posted inCrypto

What’s the Latest on the Altcoin Season Index? Are We in a Bitcoin Season or an Altcoin Season?

In the cryptocurrency market, the Altcoin Season Index is on the rise again.
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Posted inCrypto

Brazil’s Nubank appoints former Coinbase director as crypto lead

Key Takeaways Nubank, Brazil's largest digital bank, named Michael Rihani, ex-Coinbase director, as Head of Crypto. Rihani oversaw non-trading products and helped launch nearly $1 billion in Bitcoin-backed loans at…
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Posted inCrypto

Ethereum price chart points to a 16% crash as liquidations near $1 billion

Ethereum price retreated to the lowest level since August 6 as the recent crypto market crash continued and liquidations jumped.
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