The Bank of Canada has warned that stablecoins, now powering trillions in global payments, must be “as safe and stable as the balance in your bank account” before regulators let them scale. Speaking at the CPA conference in Ottawa on Thursday, Senior Deputy Governor Ron Morrow said that while stablecoins present major opportunities to modernize
Chief Market Strategist Gareth Soloway flagged an 8-year trendline that has tracked every major Bitcoin top and correction since 2017. The same line capped the 2017 peak, both 2021 highs, and late 2024 into early 2025 rallies; each rejection bringing 30%+ drawdowns. Whenever Bitcoin broke and held above the line, it later printed new all-time
Binance US now supports Abstract Chain, letting U.S. users deposit and withdraw ETH on the Layer 2 network without bridging. Summary The integration is part of Binance US’s broader expansion of Ethereum Layer 2 support, following earlier adoption of the Base network for ETH and USDC transactions. Abstract Chain, developed by Igloo Inc. and backed
Story Highlights Bitcoin has a 70% chance of reaching new all-time highs within two weeks. Nearly $3.04 billion inflows into Bitcoin ETFs show strong institutional investor interest. Historical patterns suggest Bitcoin could reach $140,000–$150,000 by late September or October 2025. Top Financial news aggregator Walter Bloomberg believes that the leading cryptocurrency Bitcoin now has a
Changpeng Zhao, founder and former CEO of the world’s largest cryptocurrency exchange Binance, spoke about the growing number of Bitcoin (BTC) and altcoin treasury companies. Speaking at the Bitcoin Asia 2025 conference, CZ stated that the cryptocurrency treasury company (DAT) model is important but carries multiple risks. CZ said that companies holding cryptocurrencies need to
0G Labs, a modular L1 blockchain ecosystem has collaborated with Pyth Network, an oracle solutions provider. The partnership takes into account the provision of more than 2,000 price feeds on the AI layer 1 mainnet of 0G Labs from its 1st day. As the platform mentioned in its official announcement on X, the development is
Key takeaways BTC is down by less than 1% in the last 24 hours and trading around $117k. The coin could target the $120k psychological level next, following a recent bullish momentum Fed rate cut pushes BTC above $117k as bullish trend resumes The cryptocurrency market performed excellently this week, with Bitcoin bouncing back from
ARK Invest made an immediate splash on the latest publicly listed digital asset treasury company, buying just under $162 million worth of shares in Brera Holdings (BREA). The Nasdaq-listed sports club owner rebranded as Solmate as part of plans to build a digital asset treasury based on Solana’s sol (SOL) token, raising $300 million from
Bitcoin price is moving higher above $116,650. BTC is now facing hurdles and might extend gains if it clears the $118,000 resistance zone. Bitcoin started a fresh increase above the $116,500 zone. The price is trading below $116,500 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support
Bitcoin BTC$116,977.10 traders continue to eye downside volatility, hedging their bullish exposure despite recent positive signals, such as the Federal Reserve’s rate cut, crypto derivatives exchange Deribit’s CEO Luuk Strijers told CoinDesk. Earlier this week, the U.S. Fed cut interest rates by 25 basis points and signaled an additional 50 basis points of easing expected