BitMine chair Tom Lee has seemingly eased off his widely promoted $250,000 year-end Bitcoin forecast, now only giving it a “maybe” that Bitcoin can reclaim […]
‘Strong Negative Correlation’ with BTC and USDt Activity: Glassnode
Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin’s and USDt’s activity over the last two years. In a Wednesday X post, Glassnode […]
Conor McGregor Calls Out Khabib for NFTs, Gets Shut Down by ZachXBT
UFC star Conor McGregor criticized former rival Khabib Nurmagomedov for his non-fungible token (NFT) drop on Telegram, which featured digital “papakhas” — a traditional hat […]
Tokenized Money Market Funds Surpass $9B, BIS Warns of New Risks
Tokenized money market funds are emerging as one of the most important yield-bearing assets on public blockchains, offering money-market returns and securities-level protections that stablecoins […]
S&P Global Downgrades USDt Stability Rating to Lowest Score Possible
S&P Global Ratings has downgraded Tether’s USDt to the lowest score on its stablecoin stability scale, questioning the token’s ability to maintain its dollar peg. […]
Grayscale Files with SEC to List Zcash ETF
Grayscale is aiming to convert its Zcash Trust into a spot exchange-traded fund in a move that could mark one of the first investment vehicles […]
Robinhood Eyes Prediction Markets with FTX-Linked Acquisition
A company with ties to the defunct cryptocurrency exchange FTX is being acquired by Robinhood Markets and Susquehanna International Group as part of a push […]
Bolivia To Integrate Crypto in Economic System
The government of Bolivia will integrate cryptocurrencies and stablecoins into the financial system in a push to modernize the country’s economy, Bolivia’s economic minister, Jose […]
Bitcoin risks decline to $77.4K as Wall Street is ‘trying to kill MSTR’
Bitcoin (BTC) is showing fresh downside risks as a deepening standoff between corporate Bitcoin holder Strategy (MSTR) and global index provider MSCI collides with a […]
Bitcoin Price Eyes $90,000 Zone for New Short Squeeze
Bitcoin (BTC) hovered near $87,000 at the Wednesday Wall Street open as analysts eyed short liquidations. Key points: Bitcoin liquidity conditions analysis predicts a return […]