www.coindesk.com1 week agoCryptocurrencyWhat Visa's Organic' Stablecoin Report MissesStablecoin transactions in crypto are largely driven by bots, with less than 10% involving real people. [ more ]
www.mercurynews.com1 week agoBusinessMore than 90% of stablecoin transactions aren't from real users, study findsStablecoin transaction volumes mainly from non-genuine users raise concerns about their widespread use as a payment method. [ more ]
Coindesk1 month agoCryptocurrencyEU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator SaysMiCA regulation has not led to an increase in euro-denominated crypto transactions. Euro's share in crypto transactions remains at 10% with stablecoins forming over 60% of all transactions. [ more ]
Coindesk3 days agoCryptocurrencyStablecoin Expansion Stalls Ahead of U.S. Inflation DataThe growth of stablecoins like USDT, USDC, and DAI has stalled post-Bitcoin halving. [ more ]
Coindesk1 month agoCryptocurrencyStablecoin Expansion Continues as Bitcoin Rally Appears to StallThe cumulative supply of top stablecoins, USDT, USDC, and DAI, has reached $141.42 billion. Capital inflow into the crypto market is indicated by the rising supply of stablecoins. [ more ]
www.coindesk.com3 months agoCryptocurrencyFirst Mover Americas: First Mover: Bitcoin Hovers Over $43K, Chainlink Extends RallyBitcoin traded relatively unchanged, while altcoins like Chainlink and Flare Network's FLR token experienced gains. Bankrupt crypto lender Genesis has filed a motion to sell over $1.6 billion in BTC, ETH, and ETC held in Grayscale's trust products. [ more ]
Coindesk6 months agoCryptocurrencyCrypto Market Sees Net Capital Inflow for First Time in 17 MonthsMoney is flowing into the crypto market through stablecoins for the first time in over a year. The increase in the supply of stablecoins indicates potential buying pressure in the market. Bitcoin's price increase and the expectation of a regulated ETF approval are contributing to the influx of capital. [ more ]
Coindesk1 week agoBusinessStablecoin surge: Tether's headroom for growthTether's market cap grows to $157 billion with significant dominance in stablecoin market. [ more ]
Coindesk1 week agoBusiness intelligenceLess Than 10% of Stablecoin Transaction Volume Coming from Real Users: ReportLess than 10% of stablecoin transaction volumes are organic, according to Visa and Allium Labs analysis. [ more ]
Coindesk1 month agoCryptocurrencyUK to Issue New Crypto, Stablecoin Legislation by July, Minister SaysThe U.K. aims to introduce new legislation for stablecoins and crypto activities by June or July, positioning the country as a global crypto hub. [ more ]
Coindesk1 month agoCryptocurrencyStablecoin Growth Is More Important Cue for Crypto Bull Market Than Bitcoin ETF Inflows: AnalystStablecoin supply grew by $10 billion in 30 days, surpassing bitcoin ETF inflows, indicating market demand. Stablecoin issuers are becoming crucial in driving the crypto market higher compared to traditional Bitcoin ETF flows. [ more ]
Coindesk1 month agoCryptocurrencyFrax Finance Expands to Cosmos Ecosystem Via Asset Issuance Chain NobleFrax Finance partners with Noble to introduce FRAX and sFRAX tokens to the Cosmos ecosystem. The partnership aims to boost adoption of FRAX and sFRAX in various applications within the Cosmos network. [ more ]
Coindesk1 month agoCryptocurrencyFirst Mover Americas: Ethena Labs' New Token Rallies OvernightENA token price doubled overnight to $0.93 Stablecoins supply rising to over $141 billion [ more ]
Coindesk3 months agoCryptocurrencyU.S. Federal Reserve Gov. Waller Says DeFi Could Boost Dollar's Global StrengthStablecoins tied to the dollar are increasing the global strength of the U.S. currency. Federal Reserve Gov. Christopher Waller believes that stablecoins' dependence on the dollar could actually strengthen the U.S. fiat currency. [ more ]
Coindesk5 months agoCryptocurrencyTiny Euro-Pegged Stablecoin Surges 200% on Binance Before Exchange Halts Trading Due to 'Abnormal Volatility'The anchored euro (AEUR) stablecoin surged nearly 200% on Binance after being listed on the crypto exchange. The token's low market cap and limited liquidity make it vulnerable to de-pegging by potential price manipulation. [ more ]
Coindesk3 months agoEU data protectionThe Big Misunderstanding: What MiCA Really Means for Stablecoins in EuropeMiCA confirms that stablecoin issuers must be regulated as electronic money institutions (EMIs) Many stablecoins currently offered in Europe are illegal because they are not authorized and regulated as electronic money (e-money) [ more ]
WIRED3 months agoPrivacy professionalsSecurity News This Week: US Agencies Urged to Patch Ivanti VPNs That Are Actively Being HackedThe importance of prioritizing security in GPUs Stablecoins involved in cryptocurrency-based scams and sanctions evasion [ more ]
London Business News | Londonlovesbusiness.com5 months agoCryptocurrencyBitcoin heads to $41,000 after $1 billion market withdrawal in a weekBitcoin price approaches upward breakthrough Investors anticipate Bitcoin ETF approvals Significant Bitcoin withdrawals from exchanges [ more ]