Standard Chartered maintained its call for Bitcoin to reach $100,000 by Dec. 31, even after the cryptocurrency briefly fell below $60,000 last week for the first time since October 2024. Geoffrey Kendrick, the bank’s global head of digital assets research, called the selloff “painful” but argued the bulk of selling may be over, adding that
Bitcoin has fallen back below $61,500 on Monday, extending a punishing stretch that has now erased more than 8% of its value over the past seven days and pushed the total crypto market cap down to levels not seen since the early part of the year. Into that environment, Changpeng Zhao, the founder of Binance
Three of Japan’s biggest banks, MUFG Bank, Sumitomo Mitsui Banking Corporation (SMBC), and Mizuho Bank, are in line to co-issue a stablecoin pegged to the Japanese yen before the end of Japan’s fiscal year 2026 in March 2027, according to reports coming out of Japan. The three financial institutions are close to signing a formal
Onchain analyst James Check says the conditions building across artificial intelligence (AI) stocks and upcoming initial public offerings (IPOs) are creating a setup where bitcoin ends up the most underowned and least-forced-sale asset in the market when the cycle turns. Key Takeaways: Checkonchain founder James Check says bitcoin’s “time pain” process removes sellers before any
President Donald Trump’s family has turned crypto into one of the most lucrative businesses tied to its name, outpacing some of the companies that spent years building the digital asset market. Between the post-election momentum of November 2024 and April 2026, ventures tied to the US President generated roughly $2.3 billion in pretax crypto income,
Hong Kong is set to take a significant step forward in digital currency adoption, with the city’s top banking regulator confirming that two major entities will launch stablecoins before the end of 2025. Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), revealed in a recent interview that Anchor Technology plans to introduce
Bitcoin’s drop toward $60,000 last week exposed how quickly a shift in investor appetite can turn into forced selling when leverage has been rebuilt beneath the surface of the crypto market. The largest cryptocurrency by market value fell nearly 14% last week, triggering almost $10 billion in liquidations of long futures as traders who had
Cardano has secured prominent visibility after being mentioned on the main website of the Olympic Games. The recognition comes following a landmark three-year partnership signed between the Cardano Foundation and the Brazilian Olympic Committee (COB), which is aimed at integrating public blockchain, Artificial Intelligence (AI), and the Internet of Things (IoT) into Olympic sports management.
Stablecoins have gone from crypto curiosity to the center of mainstream finance in under a year, with the first US federal framework now law and major banks racing to build on them. Some argue that they will replace global payment rails such as Swift. Miles Paschini, CEO of FV Bank, which has settled payments on