Europe needs more euro-issued stablecoins and banks across the European Union (EU) countries must explore tokenized deposits, French Finance Minister Roland Lescure said Friday, according to Reuters. The statements signal a potential shift in stance within the French government and its central bank. Lescure expressed support for Qivalis, a group of 12 European banks, including
Bitcoin’s price action signals the momentum from U.S.–Iran ceasefire headlines is fading and markets are looking for substantive progress that could unwind war-driven stress across the global economy. The largest cryptocurrency briefly topped $76,000 early today, only to fall back in a repeat of Tuesday’s choppy pattern. The stall follows a 10% climb, predominantly driven
The leading cryptocurrency, Bitcoin ($BTC), is trading around $74,600 after a strong week. Analysts say the rally has stalled ahead of the expiration of the two-week ceasefire agreement between the US and Iran next week. However, one analyst predicts that Bitcoin could rise to $125,000 in the coming months. Speaking to Coindesk, ZeroStack CEO Daniel
The RHODL ratio, by Glassnode, a key on-chain metric tracking the balance between long-term and short-term bitcoin holders, is flashing signals more consistent with a market bottom than a cycle top, after hitting a ratio of 4.5. Currently sitting at its third highest level on record, the indicator shows that wealth is increasingly concentrated in
Coinbase CEO Brian Armstrong says the next wave of AI could become a major source of digital dollar demand. He said in a post on X that if autonomous AI agents begin buying, selling, booking, hedging, and settling transactions on their own, they will need money built for internet speed. Armstrong added that stablecoins and
BitMEX co-founder Arthur Hayes has revealed that over 90% of his personal wealth remains tied to Bitcoin. But surprisingly, he won’t buy more right now. However, he also said the market may stay unstable due to global tensions and future money printing. In addition to this, he has expressed a stronger relative interest in selective
Lace Wallet, a lightweight, non-custodial, and multi-chain wallet built for storing, sending, and managing digital assets, is pleased to announce its strategic partnership with Midnight, a privacy-first and fourth-generation blockchain designed for data protection in decentralized applications. The hidden purpose of this landmark collaboration is to strengthen privacy and public blockchain assets within a single
The pioneer cryptocurrency Bitcoin recorded an uptick of 0.12% during Thursday’s U.S. market session to currently trade at $75,000. Despite an insignificant gain, the Bitcoin price shows notable lower price rejection in its daily candle indicating an intact demand from bottom levels. The buying pressure gained its initial momentum from de-escalation of the U.S. and
Bitcoin cooled from its recent push toward $76K but held above $74K for three straight days. At press time, $BTC traded at $74,577, up 1.02% on the daily chart. That stability kept the short-term uptrend intact. Are Bitcoin whales buying or selling right now? As the price held firm, whale activity picked up. CryptoQuant’s Spot
Bitcoin ($BTC) and altcoins have recently been experiencing a positive trend, influenced by news of the ongoing ceasefire between the US and Iran. While the $BTC price fluctuates between $74,000 and $75,000, the positive sentiment continues in altcoins. This positive market sentiment has also been reflected in US spot ETFs, with inflows being observed in