New stablecoin rules from major jurisdictions, particularly the U.S., are reshaping the global digital asset market and presenting significant challenges for Tether’s USDT, the largest stablecoin with a market capitalization of over $160 billion. A recent research report from Zhou Hao, the Chief Economist at Guotai Junan International, a multi-billion-dollar financial services firm, suggests that
Russian lawmakers have approved a bill obligating banks and retailers to introduce support for the digital ruble next year and implement a universal QR code for payments. The new legislation comes after the Bank of Russia proposed new deadlines for the introduction of the digital currency in stages, starting from September 2026, following a call
Bitcoin (BTC) is likely to trade around $130,000 at the start of August, according to insights from two artificial intelligence (AI) models, driven by sustained institutional demand and supportive macroeconomic conditions. As of press time, Bitcoin was trading at $119,166, up over 2% in the past 24 hours and nearly 10% over the past week.
Singapore-based crypto firm BTC Digital Ltd. (Nasdaq: BTCT), launched its strategic bitcoin ( BTC) and ether ( ETH) reserve programs on Monday, according to a press release. The company says it finished setting up its $1 million ether reserve last week and has now completed the set up for its bitcoin reserve, also worth $1
Sweden-based digital trading company Refine Group announced that it has raised 10 MSEK (approximately $1 million) in capital and launched a new business line, Digital Assets, powered by a Bitcoin-based treasury strategy. Refine Group has launched a third business unit, Digital Assets, in addition to its existing “Products” and “Digital Services” businesses. With this new
A new Bitcoin draft proposal wants to do what’s long been unthinkable: Freeze coins secured by legacy cryptography — including those in Satoshi Nakamoto’s wallets — before quantum computers can crack them. That’s according to a new draft proposal co-authored by Jameson Lopp and other crypto security researchers, which introduces a phased soft fork that
Bitcoin (BTC) experienced a historic day on Monday, breaking records for the first time in a row, surpassing $123,000. However, the joy of a new ATH was short-lived. Shortly after surpassing $123,000, BTC began to decline, falling to the $116,000 level. While the market agrees that this correction is due to profit taking and is
Chaitanya Jain, Strategy’s Bitcoin strategy manager, has addressed the recent concerns spread on social media about the potential dependence of Strategy’s success on the Bitcoin price. Some in the community believe that if the world’s largest cryptocurrency, BTC, were to collapse, Strategy’s stock price would follow suit, and the company may face substantial financial difficulties.
After peaking at a new all-time high of over $122,800 earlier this week, Bitcoin (BTC) has undergone a correction, driven by macroeconomic pressures and profit-taking. In fact, an old Bitcoin whale from the Satoshi era has also started moving its holdings, exacerbating sell-off fears. Still, experts argue that Bitcoin’s ability to weather such transfers without
Disclaimer: The analyst who wrote this article owns shares in Strategy. Strategy’s (MSTR) aggressive bitcoin BTC$118,676.04 acquisition strategy has dramatically boosted the value of its convertible debt. With bitcoin steady near its record price and the company’s shares rebounding toward $450, five of the six bonds outstanding are deep in the money, meaning the stock