Author: driver789
The crypto industry’s stablecoin operations, such as the arrangement between issuer Circle and leading exchange Coinbase, could be under serious pressure in the U.S. Office of the Comptroller of the Currency’s newly proposed set of stablecoin rules.Even as OCC chief Jonathan Gould testified in the U.S. Senate on issues that included crypto oversight on Thursday, people in the industry said they’ve been trying to understand his agency’s 376-page proposal to regulate domestic issuers under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act that became law last year. The allowance of stablecoin yield and reward has not only…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure After weeks stuck below a key psychological level, Ethereum (ETH) surged past $2,000 in a swift rally, pushing prices to $2,158 within a day. The recovery comes after a prolonged period of sideways trading around $1,900 and a broader correction that had pushed ETH more than 60% below its previous peak. The latest double-digit recovery coincided with a wider cryptocurrency market rebound, with total market capitalization rising by over 4% and Bitcoin also advancing during the same period. ETH’s price trends to the downside on the daily…
On-chain analytics firm Santiment has highlighted how Ethereum is still undervalued on the MVRV, while Bitcoin and XRP have turned neutral. Profitability Has Shifted For Bitcoin, XRP, & Ethereum After The Price Jump In a new post on X, Santiment has talked about how the 30-day Market Value to Realized Value (MVRV) Ratio has changed for some major digital assets following the market recovery that has occurred over the past day. The MVRV Ratio is a popular on-chain indicator that compares the market cap of an asset against its Realized Cap, a measure of the total amount of capital that…
Common phrases heard among Bitcoiners include “don’t trust, verify” or “not your keys, not your coins”, sometimes even claiming that it’s “backed by math”. But what do these proverbs ultimately boil down to, and how exactly is this involved math put into practice? Most readers are surely aware that a fundamental ingredient in the design of Bitcoin is public-key cryptography and more specifically digital signatures, which are essential to prove ownership without needing a central entity. Probably less well-known is what piece of software is under the hood to make that elliptic curve math work and what efforts are involved…
Bloomberg is collaborating with Kaiko, a Paris-based digital asset market data provider, to make Bloomberg’s licensed financial data accessible directly within blockchain environments rather than through traditional offchain databases.The companies said Thursday that the initiative is designed to address the challenge of inconsistent data across tokenized markets. In many tokenized asset ecosystems, companies may rely on different versions of pricing data, security identifiers or reference information, increasing the risk of discrepancies and operational inefficiencies.By enabling a common, licensed data source to be embedded onchain, the collaboration aims to ensure that market participants reference the same dataset, potentially reducing reconciliation disputes and…
Ethereum price is trying to steady itself after a rough February, but the bigger question is whether this bounce has enough strength to push through the $2,500 ceiling. Summary Ethereum has bounced above $2,000 after a sharp February drop but remains in a broader downtrend and well below the key $2,500 resistance. Funding rates on Binance have turned positive, easing short-term downside pressure, though high volatility suggests a bigger move is coming. To reclaim $2,500, ETH must hold $2,000 support and break above $2,200 with strong momentum At press time, ETH was trading near $2,050, up about 3% over the past 24 hours.…
Blockchains and artificial intelligence are complementary technologies, according to crypto asset manager Grayscale, even as markets have recently treated them as part of the same trade.Zach Pandl, Grayscale’s head of research, said that while disruptive technologies tend to produce clear winners and losers, the relationship between AI and blockchain is more symbiotic than competitive. Rapid AI adoption is expected to reward some industries, such as chipmakers, while pressuring others, including segments of professional services.”Although crypto valuations have been tightly correlated with the drawdown in software stocks, we think blockchains and AI are complementary from a fundamental standpoint,” he said in…
Cardano (ADA) Among Today’s Top Gainers as Institutional Buying Aligns With Technical Breakout
Cardano (ADA) jumped over 12% in a single day, breaking above short-term resistance and drawing renewed attention from both whales and institutional funds. The surge coincides with steady accumulation by whales and mechanical buying from index-tracking products, signaling a potential shift after months of consolidation. Related Reading The combination of rising trading activity, renewed interest in derivatives, and steady accumulation by major holders has brought Cardano back onto traders’ radars. While questions remain about long-term network activity, recent price behavior suggests that market participants are ready for significant long-term moves. ADA’s price trends to the downside on the daily chart.…
Telegram’s built-in crypto wallet has introduced a feature that allows users to earn returns on major cryptocurrencies inside the messaging app.The update introduces vaults in TON Wallet, a self-custodial wallet integrated within Wallet in Telegram, enabling users to hold, send and earn on Bitcoin (BTC), Ether (ETH) and Tether’s USDt (USDT) without leaving the chat interface, according to a Thursday announcement shared with Cointelegraph. “At Wallet in Telegram, our mission is to transform digital assets from complex concepts into practical tools for everyday life,” said Andrew Rogozov, CEO of The Open Platform and Wallet in Telegram. The system runs on…
U.S. spot bitcoin exchange-traded funds recorded $506.5 million in net inflows on Feb. 25, the largest single-day total in three weeks, reversing a stretch of heavy redemptions that had fueled doubts about institutional demand. The surge followed $257.7 million in inflows on Feb. 24, bringing the two-day total to more than $750 million. The rebound came after five consecutive weeks of outflows totaling about $3.8 billion. Year to date, net flows are now just under $2 billion in outflows. BlackRock’s iShares Bitcoin Trust (IBIT) led Tuesday’s gains with $297.4 million in inflows, accounting for nearly 60% of the daily total.…