Visa, Mastercard Strategize as Stablecoins Forecasted for $719 Trillion in Global Payments by 2035
For the past two years, discussions about stablecoins’ role in payments have centered on their use at checkout: will consumers prefer wallets over cards? Companies like Visa, Stripe, and Mastercard…
Iran Embraces Crypto for Strait of Hormuz Toll Payments Amid Sanctions
The decision by Iran to accept cryptocurrency payments from vessels traversing the Strait of Hormuz aligns with its established strategy to circumvent international sanctions. Blockchain experts note that this move…
Bitcoin Traders Show Apathy Toward U.S. Inflation Report Amidst Iran Conflict Concerns
Despite widespread anticipation for the U.S. inflation report set to be released this Friday, bitcoin traders appear largely indifferent, as evidenced by recent market activity. This report is expected to…
CFTC Asserts Sports Betting as Finance, Seeks Arizona Enforcement Block
The U.S. government has made a definitive argument that sports betting should be regulated as finance rather than gambling. In a recent filing on Tuesday evening, the Commodity Futures Trading…
XRP Falls by 4% Amid Persistent Selling Pressure Despite ETF Gains
Despite recent inflows into ETFs linked to XRP, the cryptocurrency experienced a downturn, slipping back towards $1.33 as selling pressure continued to dominate buying interest. This indicates that rallies are…
Bitcoin’s Future Movement Tied to Oil Prices, Outcome Uncertain
The next significant movement in Bitcoin (BTC) could hinge more on oil price trends rather than its crypto fundamentals. After rebounding from early-week lows near $67,000 to approximately $70,900, the…
Bitcoin Plummets Below $71K Amid Iran Ceasefire Tensions; ETH, SOL, XRP Also Drop
On Thursday, Bitcoin’s price dipped to $70,981, marking a 0.5% decline over the past 24 hours but maintaining a weekly increase of 6.1%. This comes as the U.S.-Iran ceasefire, announced…
Bitcoin’s Quantum-Resistant Wallet Rescue Tool Prototype Developed
A prominent developer within the Bitcoin community has successfully created a solution that had been under discussion for years: a mechanism to rescue standard wallets if the network faces a…
Morgan Stanley’s Bitcoin ETF Sees $34 Million On Opening Day
The spot bitcoin exchange-traded fund (ETF) launched by Morgan Stanley commenced trading on Wednesday with robust initial activity, registering over 1.6 million shares exchanged and approximately $34 million in inflows,…
Wall Street Cautions: Bitcoin’s Recovery Could Be Fragile Amid Ongoing Hormuz Tensions
Following a two-week conditional ceasefire between the U.S. and Iran, trade in the Strait of Hormuz has seen adjustments but hasn’t fully returned to pre-conflict levels. Oil prices have dropped…