Bitcoin (BTC) is poised to grow in price and adoption regardless of the macroeconomic scenarios that will unfold in the coming years and decades, as the global financial system heads for a Fourth Turning-style reset, according to market...
Crypto’s center of gravity is shifting from speculation to services. PayPal is opening the door to peer-to-peer (P2P) cryptocurrency transfers, building on its growing presence in digital assets. Its stablecoin, PYUSD, has already surpassed $1 billion in market...
The Curve Finance decentralized autonomous organization (DAO) is voting on a proposal that could open up new income streams for the protocol and its ecosystem.The proposal, introduced in August by founder Michael Egorov, would establish a $60 million...
The Chicago Mercantile Exchange Group (CME), the world’s largest derivatives exchange, will expand its crypto offerings by introducing options on Solana and XRP futures starting Oct. 13.The move builds on record trading activity in Solana (SOL) and XRP...
Key takeaways:September’s 44,000 BTC net withdrawals reduced the available supply, easing the potential short-term selling pressure.US-listed spot Bitcoin ETFs added $2.2 billion, delivering persistent daily demand that far exceeds the mined supply.Bitcoin (BTC) has traded in a narrow...
Native Markets, one of the teams that submitted a proposal to issue and manage the Hyperliquid crypto exchange’s US dollar stablecoin (USDH), officially claimed the USDH ticker on Sunday, following a community vote.The project will deploy the inaugural...
Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC)...
Artificial intelligence company OpenAI has signed a non-binding memorandum of understanding with its largest investor, Microsoft, to restructure its business.In a Thursday notice, OpenAI said the move, first proposed in May, would allow its for-profit arm to transition...
BlackRock, the world’s largest asset manager, is reportedly exploring ways to tokenize exchange-traded funds (ETFs) on the blockchain, following the strong performance of its spot Bitcoin ETFs.Citing sources familiar with the discussions, Bloomberg reported Thursday that the company...