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Key Points: Zhou Xiaochuan warns of stablecoin-related dollarization risks. USD stability might affect global economies significantly. High-level caution issued without immediate regulatory actions. Lede: Former PBoC Governor Zhou Xiaochuan highlighted USD stablecoin risks at the 2025 Lujiazui Forum. Zhou emphasized potential adverse economic effects from dollarization, sparking global discussions. Main Content At the Lujiazui Forum … Read more

Key takeaways: Bitcoin price consolidates around $105,000 as liquidity builds up above the spot price. A support/resistance flip at $106,00 is a must for the bulls as $100,000 remains a key level. Bitcoin fell alongside the broader crypto market during Tuesday’s late New York trading hours, dropping by as much as 4% to $103,400 after … Read more

Royal Ascot is underway, and crypto sportsbook Stake is turning up the excitement with not one, but two, special promos! Racing legend and Stake ambassador Frankie Dettori has picked his top tips for the week, and there’s even a Money Back offer if things don’t go as planned.  These promos are only running until June … Read more

Eyenovia, a Nasdaq-listed ophthalmic technology company, announced on June 17 a $50 million private placement to acquire the native token of the Hyperliquid blockchain. Eyenovia to Rebrand as Hyperion DeFi Nasdaq-listed Eyenovia, an ophthalmic technology company, announced June 17 a strategic shift into the digital asset space with a $50 million private placement. The financing … Read more

The post Bitcoin Bull Run Enters Final Phase—Analyst Predicts $288K to $370K appeared first on Coinpedia Fintech News Bitcoin might just be stepping into the biggest rally we’ve seen yet—if history repeats itself. According to crypto researcher Danny Marques, the world’s largest cryptocurrency is entering the final and strongest part of its long-term cycle. If … Read more

The Blockchain Group (Euronext Paris: ALTBG) announced the acquisition of 182 bitcoin for approximately $19.65 million (€17 million), bringing its total holdings to 1,653 BTC valued at around $171.36 million (€148.9 million). The company reported a remarkable BTC yield of 1,173.2% year-to-date (YTD) and a gain of approximately 469.3 BTC, or about €43.8 million YTD. … Read more

Whales soaked up 871k ETH in one day, holdings now touch 14.3 million. Accumulation and staking combined removed huge ETH volumes from circulation, putting pressure on the liquid supply. Ethereum saw a 3.7% decline in value over the past 24 hours, with its price settling at $2,555.77 on Tuesday. The drop came after the price … Read more

Computer servers in a data center. getty Damac Group—controlled by Dubai billionaire Hussain Sajwani—is deepening its investment in Indonesia with a $2.3 billion data center project, its second in the country, amid booming demand for cloud computing and artificial intelligence applications. Through its unit Edgnex Data Centers, Damac will develop a 144-megawatt data center in … Read more

The Blockchain Group (Euronext Paris: ALTBG) announced the acquisition of 182 bitcoin for approximately $19.65 million (€17 million), bringing its total holdings to 1,653 BTC valued at around $171.36 million (€148.9 million). The company reported a remarkable BTC yield of 1,173.2% year-to-date (YTD) and a gain of approximately 469.3 BTC, or about €43.8 million YTD. … Read more

Aave and CoinDesk Indices are launching CDOR, an onchain benchmark for stablecoin interest rates, starting with USDT and USDC. Built on Aave V3 data, CDOR could redefine DeFi, mirroring SOFR in TradFi. The United States is keen on ensuring stablecoins backed by Treasuries thrive. With the passage of the GENIUS Act in the Senate, Congress … Read more