Stablecoins Strengthen The Dollar And Empower The Developing World
Opinion by: Christos A. Makridis, associate research professor at Arizona State University and visiting fellow at the Heritage FoundationStablecoins received a…
Block shares tumble after-hours on Q3 earnings miss
Block Inc.’s third-quarter earnings missed analyst expectations on the top and bottom lines despite strong profit growth in its Cash App and Square businesses.…
Crypto ETFs ‘punching above weight’ as almost half of ETF investers plan buys
Bloomberg ETF analyst Eric Balchunas said it was “shocking” to see Schwab’s findings that crypto ETF investments could be on par with those in bond ETFs.…
Bitcoin at $100K is ‘speed bump’ to $56K, but data signals no signs of panic
Bloomberg analyst Mike McGlone says Bitcoin hitting $100,000 is “a speed bump” to $56,000, but other analysts say Bitcoin has bottomed out.
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Coinbase settles $24.7M fine in Ireland over transaction monitoring failures
Coinbase said it had enhanced oversight and compliance testing after coding errors led to gaps in transaction monitoring between 2021 and 2022.
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JPMorgan says BTC looks cheap next to gold, points to $170K fair value
Analysts at financial services giant JPMorgan forecast “significant upside” for Bitcoin over the next months in a report on Wednesday.
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Cathie Wood drops BTC forecast by $300K, says stablecoins eroding market share
Stablecoins have emerged as a store-of-value asset in emerging market economies at a rate no one predicted, Wood said on Thursday.
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$100B in old Bitcoin moved, raising ‘OG’ versus ‘trader’ debate
Over $100 billion in old Bitcoin has moved as spot ETFs see record outflows, igniting debate over whether true OGs or traders are driving the market sell-off.…
Bitcoin bulls retreat as spot BTC ETF outflows deepen and macro fears grow
Bitcoin’s slide toward $100,000 accelerates as ETF outflows, weak earnings, and macro uncertainty rattle traders, leaving bulls hesitant to reenter the market.…