Stablecoins, digital tokens tied to predominantly fiat currencies like the U.S. dollar, will balloon to a $1.2 trillion market by 2028 and even have an impact on U.S. debt markets, Coinbase analysts projected in a Thursday report. The forecast, published by the exchange’s research arm led by David Duong, is based on a stochastic model
The Fed, which has been on hold since January 2025, is expected to cut interest rates in September. While the September rate cut was initially priced in at nearly 100%, it is now priced in at 81%. At this point, while waiting for the economic data to arrive before the September meeting, FED members made
A majority of investors who hold both cryptocurrencies and stocks say digital assets will outperform equities in the long term, according to a new survey from crypto exchange Kraken. The survey of more than 1,000 U.S. adults, published Thursday, found that 65% of dual-asset investors expect crypto to deliver stronger growth than stocks over the
Tokenization adoption may solve some of the systemic inefficiencies identified in Latin American capital markets and accelerate investment and capital flow in the region, according to Bitfinex Securities. Systemic inefficiencies, including high fees, complex regulations and structural issues such as technological barriers and high startup costs, are slowing investment and hindering capital flow into Latin
Fidelity has significantly expanded its digital asset exposure in 2025, with its cryptocurrency holdings climbing by more than $5.3 billion year-to-date, according to fresh data compiled by Finbold research. As of January 1, 2025, Fidelity’s two flagship spot crypto ETFs, the Fidelity Bitcoin ETF (FBTC) and Fidelity Ethereum ETF (FETH) reported combined holdings of 201,163
The Dow Jones Industrial Average wavered on Thursday as investors reacted to retail giant Walmart’s quarterly miss, with stocks opening lower as Wall Street turned its attention to the Federal Reserve’s key symposium at Jackson Hole. Summary Dow fell 200 points and S&P 500 and Nasdaq shed gains amid stocks retreat. Walmart shares dipped after
Bank of America’s (BAC) rates strategy team said the U.S. Treasury market is increasingly shaped by two emerging forces: stablecoin demand for T-bills and the tokenization of government debt-related assets. BofA views stablecoins as less of a game-changer for Treasuries than for money market mutual funds (MMFs), where their higher-yield potential represents a competitive challenge,
Crypto analysts believe the current market conditions suggest that the US Federal Reserve will cut interest rates by September. According to one analyst, the overall market trend reflects the 81% probability of a cut that is now widely priced in by traders. UPDATE: 🇺🇸 Markets are still pricing in an 81% chance of a Federal
BitMEX co-founder and Bitcoin billionaire Arthur Hayes has taken a board seat and major stake in a stem cell firm following his March pardon from US President Donald Trump, which wiped clean his conviction for Bank Secrecy Act violations. Hayes, who built BitMEX into one of the largest derivatives platforms before it fell under regulatory
On July 18, President Donald Trump signed the GENIUS Act into law, establishing the first comprehensive federal framework to regulate stablecoins in the United States, and bringing long-awaited clarity to the growing market for U.S. dollar-pegged tokens. Since then, the market for stablecoins globally has shown a level of resilience and growth that even the