Despite growing expectations of an imminent altcoin season, industry insiders are pointing to capital flowing back into Bitcoin and corporate cryptocurrency treasury firms, raising doubts about the traditional crypto market cycle. Corporate digital assets treasuries (DATs) have syphoned around $800 billion worth of retail investor capital from the altcoin market, according to crypto market intelligence
Argentines are increasingly turning to cryptocurrencies, particularly stablecoins, to safeguard their savings and profit amid renewed currency restrictions. According to Bloomberg, as President Javier Milei tightens foreign exchange controls ahead of Argentina’s midterm elections, traders are exploiting price differences between the official and parallel peso markets. They earn up to 4% per transaction through a
Australians have the highest levels of interest in cryptocurrency per capita, based on their web traffic, with most activity relating to trading and speculation, according to new data. Data compiled by venture firm Andreessen Horowitz’s crypto division calculated the percentage of web traffic from each country across the top 30 tokens on CoinGecko, filtering out
A new list of private donors for President Trump’s $300 million White House ballroom includes major crypto players. Summary Ripple, Tether, and Coinbase listed as major donors for Trump’s new $300M White House ballroom. Donation list reveals growing crypto influence in U.S. politics amid regulatory optimism. Democrats call for transparency as lawsuits challenge the privately
Argentines are increasingly turning to cryptocurrencies and stablecoins as the peso’s value plummets and monthly inflation rates remain persistently high. This shift showcases a powerful, real-world utility for Web3 technology. Ultimately, it provides citizens with a vital escape valve. This addresses the chronic economic instability that dollarization has failed to solve. Consequently, the crisis highlights
Cathie Wood, founder and CEO of Ark Invest, announced an investment in Japan-based Ethereum treasury management company Quantum Solutions. Cathie Wood Invests in Japanese Ethereum Treasury Company Quantum Solutions Wood made the announcement on social media platform X (formerly Twitter), stating that this step is part of a strategy to expand innovative investment channels in
While the announcement that the US and Chinese leaders will meet on October 30 has somewhat alleviated trade-related market concerns, investors in global markets are now focused on today’s US Consumer Price Index (CPI) data. The continued government shutdown in the US restricts access to critical data released by public institutions and makes it difficult
JPMorgan will allow its institutional clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral in the cryptocurrency space, Bloomberg reported. This move by JPMorgan represents a significant step in integrating cryptocurrencies into traditional financial systems. JPMorgan Takes Huge Step into Bitcoin and Ethereum! JPMorgan Chase & Co. plans to allow its institutional clients to
Bitcoin BTC$110,970.32 traded above $111,000 on Friday morning in Europe, supported by news of a confirmed meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The two leaders will meet on Oct. 30 on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea – the first face-to-face encounter since Trump