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
Cambridge study puts Ethereum near the lower end of PoS energy intensity
Cambridge estimated that Ethereum consumes 7.87 GWh annually and has the secondlowest marketvalueadjusted energy intensity among the PoS networks studied.…
Bitcoin, ether little changed as U.S. launches fresh Iran strikes
The U.S. hit Iran for the third time this week and Tehran has reportedly closed the Strait of Hormuz again. 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.…
Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision
Real Vision chief crypto analyst Jamie Coutts said it's far too early to call $1 million by 2030, but he's confident Bitcoin could climb up to $250,000 over…
Ethereum climbs 3% on tokenization boom: Can bulls push ETH price past $1,800?
Despite strong tokenization gains and institutional accumulation, weak onchain and derivatives data leaves ETH vulnerable to a $1,700 retest.…
‘Day-to-day dread’ haunts frustrated job seekers in era of low hiring. When will it end?
Finding a job was easy a few years ago. Now, Americans are worried about their job prospects, even though the unemployment rate is historically low.…
Bitcoin treasury company Empery Digital sold about half of its BTC stack
It's a sign of the times as the troubled company swaps its bitcoin treasury ambitions for AI data centers. Source:CoinDesk
Regular water is no longer enough. Welcome to the corporate gold rush around ‘functional hydration.’
Social media and GLP1s are spurring increased interest in hydration products, and companies are responding with things like electrolyte mixes and “hydrating…
The U.S. stock market is becoming ‘too big to fail’
Why protracted bear markets may be a thing of the past. Source:MarketWatch