Almost a third of the Bitcoin supply is held and controlled by centralized treasuries, and early adopters hold a disproportionate share, according to recent research by Gemini and Glassnode. Centralized treasuries, including governments, exchange-traded funds, and public companies, now control 30.9% of the circulating supply of Bitcoin (BTC), “signaling a growing shift toward institutional-grade infrastructure,” … Read more
Bitcoin sell pressure will have evaporated once it crosses the $130,000 mark, according to Bitwise CEO Hunter Horsley. “I think once Bitcoin breaks through, e.g., $130-150k, no one is going to sell their Bitcoin,” Bitwise CEO Hunter Horsley said in an X post on Wednesday. Galaxy Digital founder Mike Novogratz recently said the price range … Read more
Asia’s de-dollarization push is gaining rapid traction as BRICS and ASEAN accelerate local-currency trade, driving currency hedging to record highs and challenging dollar dominance. De-Dollarization Takes Hold in Asia—Currency Hedging Surges to Record Highs A growing trend of de-dollarization is underway across Asia as policymakers, institutional investors, and economic blocs seek alternatives to the U.S. … Read more
Shares in Circle Internet Group closed with a 10.7% gain on Wednesday after the stablecoin issuer partnered with Brazilian fintech Matera to support multicurrency bank payments, while its flagship stablecoin USDC also went live on OpenAI CEO Sam Altman’s World Chain. World, formerly Worldcoin, said on Wednesday that around 2 million of its users held … Read more
Key Points: U.S. Senators inquire about Meta’s stablecoin plans amid impending GENIUS Act vote. Lack of official stablecoin launch by Meta; speculation drives scrutiny. Senators emphasize potential data privacy concerns and regulatory impacts. U.S. Senators Elizabeth Warren and Richard Blumenthal wrote to Meta CEO Mark Zuckerberg, questioning possible stablecoin ambitions as the Senate prepared to … Read more
Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. Every crypto cycle brings a new narrative. In 2021, it was all … Read more
Disney and Universal have sued artificial intelligence firm Midjourney for copyright infringement over its AI-powered image generator. In a legal complaint filed in Los Angeles on Wednesday, the entertainment giants accused Midjourney of using works related to copyrighted characters to train its large language model (LLM) and distributing images of the copyrighted characters. There are … Read more
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance … Read more
A Nasdaq-listed firm unleashes a $100 million XRP deployment via Flare, revolutionizing DeFi-based treasury management and igniting a new era of institutional crypto finance dominance. $100M XRP Goes Live With Flare as Vivopower Redefines Corporate Treasury Vivopower (Nasdaq: VVPR), a publicly traded company transitioning into an XRP-focused digital asset enterprise, announced on June 10 a … Read more
The post Coinbase Announces Plans to List Fartcoin: Will FARTCOIN Retest Its ATH Next? appeared first on Coinpedia Fintech News Coinbase Global Inc. (NASDAQ: COIN) announced plans to list Fartcoin (FARTCOIN), a fast-growing Solana (SOL)-based memecoin. The cryptocurrency exchange announced that trading of FARTCOIN will commence on Thursday, June 12, 9AM PT, if the set … Read more