In a significant development for the cryptocurrency sector, major Wall Street banks are planning to enter the stablecoin market. JPMorgan, Citigroup, Bank of America, and Wells Fargo are reportedly collaborating on a new stablecoin initiative, signaling a major shift in the industry landscape. This joint venture aims to introduce a novel competitor to existing stablecoin … Read more
Key Notes MOODENG price has climbed 700% in the past 15 days, reaching $0.32 with a 138% surge in daily trading volume to $830 million. Futures open interest for MOODENG and MEW has spiked significantly, with MOODENG up 45% to $300 million and MEW rising 125% to $72 million. Meme coins are reflecting greater strength … Read more
Decentralized finance (DeFi) platforms have a major cost advantage over traditional banks when it comes to onboarding new users, according to Anton Bukov, co-founder of decentralized exchange (DEX) 1inch. Speaking at a panel during Dutch Blockchain Week on May 22 in Amsterdam, Bukov said traditional banks spend between $100 and $300 per user to verify … Read more
Key points: Bitcoin buyer interest remains strong at all-time highs, contrasting with the first touch of $100,000 in 2024. The BTC price uptrend “may continue” as a result, CryptoQuant analysis concludes. Bitcoin short-term holders are firmly in the black in a further potential bull market boost. Bitcoin (BTC) buyers remain dominant on exchanges as all-time … Read more
In hours leading to the Trump crypto dinner, US Representative Maxine Waters has introduced a new bill aimed at restricting digital asset activities by top US officials. The bill, titled the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” or the “Stop TRUMP in Crypto Act,” directly addresses concerns over political … Read more
Braza Group, one of the largest financial groups in Brazil, unveiled USDB, a dollar-pegged stablecoin issued on top of the XRP Ledger. Currently available to its institutional customers, the token will be available for regular customers through the group’s app starting in May. Braza Group Targets Growing Market With New XRP Ledger-Issued Dollar Stablecoin Stablecoins … Read more
Is Tether MiCA compliant? The EU’s new Markets in Crypto-Assets regulation, better known as MiCA, is the first major attempt by a global economic power to create clear, region-wide rules for the crypto space, and stablecoins are a big focus. MiCA mandates best practices. If a stablecoin is going to be traded in the EU, … Read more
Silver regains positive traction following the previous day’s pullback from the monthly peak. The bullish technical setup supports prospects for a further near-term appreciating move. Dips below the $33.00 mark might still be seen as a buying opportunity and remain limited. Silver (XAG/USD) builds on the previous day’s bounce from the $32.60 area and gains … Read more
R3 Cord, a distributed ledger technology (DLT) platform, today announced a strategic partnership with Solana Foundation, to link its permissioned blockchain with Solana’s permissionless blockchain platform. R3 Cord is a permissioned Blockchain and DLT platform designed specifically to serve the needs of financial companies. Its permissioned blockchain is quite different from other public blockchains. R3 … Read more
This content is provided by a sponsor. PRESS RELEASE. [Hong Kong, 23 MAY 2025] – HERO.TECH, a pioneer in Web3 and decentralized technology, is proud to announce the upcoming launch of its groundbreaking C2E CyberCharge with Web3 integration, marking a significant milestone in the fusion of decentralized physical infrastructure networks (DePIN) and Web3. This innovative … Read more