Fragmented regulatory regimes are limiting stablecoin adoption in international trade, according to Juan Marchetti, director of the trade in services and investment division at the World Trade Organization (WTO). “The constraint is not technology. It is actually regulation and the lack of development of regulatory frameworks,” said Marchetti during a Monday speech in Geneva, at
While some analysts expect Bitcoin surpassing the $85,000 level to confirm a new uptrend, crypto analyst Sherlock warned that this region could also generate significant selling pressure. According to data shared by Sherlock, spot Bitcoin ETFs in the US have been trading below their total break-even cost, which is around $86,000, for a full 228
While attention in the Bitcoin market is focused on both the Fed’s interest rate decision and the Clarity Act process, which could shape the future of the cryptocurrency market, possible scenarios for Bitcoin were discussed in the Macro Monday program, which featured market experts. At the opening of the program, it was stated that Bitcoin’s
Last week, US CPI data was released. August CPI in the US exceeded expectations, and the persistence of core inflation, in particular, changed expectations regarding the Fed’s interest rate policy. August data exceeded expectations. This has increased the probability of the Fed raising interest rates at its FOMC meetings on September 15th and 16th to
Strateg, one of the world’s largest institutional Bitcoin holders, spent the week without making any purchases, as has been the case for a long time, after a week of buying. The company, which has been making headlines in recent weeks with its $BTC sales, currently holds 845,050 $BTC. Strategy is Not Continued with Bitcoin Purchases!
Crypto data provider Kaiko said it extended a four-year-old funding round to $110 million following an investment led by S&P Global in another sign of the convergence of digital and traditional finance. Kaiko announced the Series B in May 2022, when it raised $53 million, tripling its valuation, which remains undisclosed. A year earlier, the
Dogecoin spent years becoming one of crypto’s easiest tokens to buy. But putting it in exchange-traded funds (ETFs) has done little to attract a new class of investors. Data analyzed by CoinDesk shows that ETFs for another popular token, $XRP, took in more money on Wednesday than three U.S. dogecoin funds have collected in nearly
TD Cowen has raised its price target for The Smarter Web Company to £0.73 ($0.99) from £0.64 ($0.87) while keeping its Buy rating after the Bitcoin treasury firm proposed a new perpetual preferred-share offering. TD Cowen analysts led by Lance Vitanza said in a Monday note to clients that the planned MORE preferred shares could
Bitcoin has recovered to approximately $78,100 as traders prepare for three central bank decisions and Tuesday’s U.S. Senate vote on crypto market legislation. Federal Reserve’s official calendar shows policymakers will meet on Sept. 15 and 16, with their rate statement scheduled for Wednesday afternoon. Updated economic projections and Chair Kevin Warsh’s press conference will follow
Bitcoin (BTC) could decline to $61,500 by the end of October 2026 if a key support trendline fails, according to an analysis by TradingShot. In a September 11 TradingView post, the analyst said the outlook is based on a bearish chart pattern that resembles the setups seen before the asset’s two largest sell-offs this year.