Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's TerraLuna crash, but stablecoins will likely resume their longterm…
Bitcoin is nearing a power law support line Fidelity has tracked since 2015
The group's Dir. of Global Macro Jurien Timmer calls it an accumulation zone but notes the lack of a catalyst to bounce yet. Source:CoinDesk
Ripple once weighed shutting down and handing XRP to shareholders, CEO says
Ripple's Brad Garlinghouse says he and cofounder Chris Larsen considered winding the company down and handing its XRP to shareholders before deciding to fight…
Crypto IPO market stalls as capital rotates to AI and macro uncertainty weighs
Funding constraints and investor caution, not regulation, are delaying crypto IPOs, according to Cohen & Company Capital Markets' Christian Lopez.…
The U.S. stock market is becoming ‘too big to fail’
Why protracted bear markets may be a thing of the past. Source:MarketWatch
Bitcoin analysts predict $300,000–$500,000 price in 2029. The math says no
Analysts predict a rally to $300,000 or more by 2029. But key data suggests the era of moonshots may be over. Source:CoinDesk
Backpack joins race for 24/7 stock markets with tokenized equities
The launch comes as tokenized stocks become one of the fastestgrowing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7…
Polymarket seeks approval to bring margin trading to U.S. customers
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.…
Bitcoin's $60,000-$70,000 range becomes third longest consolidation in history
Bitcoin has spent 307 days in the $60,000$70,000 range, the third longest consolidation in any $10,000 price band. Source:CoinDesk
Metaplanet explores bringing bitcoin-backed digital credit to Japan
The bitcoin treasury company is working with JPYC and Progmat to explore tokenized credit products backed by bitcoin, aiming to create efficient, 24/7 credit…
Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch
A smoother longterm MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown…
Bitcoin's quiet split: Strong in USD, lagging in JPY as Yen rises on intervention fears
A sharp rise in the yen has left bitcoin and other major cryptocurrencies underperforming in yen terms compared with their dollarbased trading pairs.…