Western Union (WU) is preparing to roll out a stablecoin strategy that could reshape how the 175-year-old money-transfer company settles payments across its global network. CEO Devin McGranahan said on the company’s first-quarter earnings call that Western Union’s U.S. dollar stablecoin (USDPT) is in the final stages of readiness and is expected to launch next
In its latest report on the Bitcoin market, cryptocurrency analytics company Glassnode stated that despite strong bullish signals, a cautious consolidation period is also evident in the market. According to the analysis, while Bitcoin’s price momentum increased by 4.8%, the Cumulative Volume Delta (CVD) in spot markets recorded a remarkable rise of 199.1%. These figures
A new report by Discovery Bank and Visa highlights a major shift in South Africa’s financial landscape, as cryptocurrency matures from a speculative trend into a mainstream investment class. Key Takeaways: Discovery Bank and Visa report that 7.8 million South Africans now treat crypto as a mainstream asset class. Middle-income trading grew 26% in 2024,
Bitcoin ($BTC) is pushing back toward the mid-$80,000 range after rebounding from recent lows, with traders now watching a key resistance zone for the next move. A widely shared market analysis suggests the current rally could extend slightly higher before a sharper reversal. The setup points to a potential “bull trap” scenario as macro and
A new report published today by Fidelity reveals that while the cryptocurrency market is in a consolidation phase, key indicators are beginning to signal stability. According to the report, investor funds continue to concentrate largely in BTC, the most liquid asset, especially as Bitcoin maintains its role as an “anchor asset” in the market. The
Four Pillars, a leading Web3 research firm based in South Korea, has secured a significant Series A funding round. Pantera Capital and Further Ventures led the investment. This round values the company at 30 billion won, which equals approximately $21.9 million. The company aims to connect Asian markets with global financial systems. It also plans
New York, NY – January 22, 2025 – Digital asset management firm Grayscale has issued a stark warning about the growing trend of digital asset companies issuing preferred stocks. The firm specifically highlighted instruments like Strategy’s STRC, calling them a risky bet on Bitcoin’s price direction. Grayscale’s analysis suggests these preferred stocks carry a risk
Onchain IP turns static, illiquid rights into transparent, tradable assets, letting games like My Pet Hooligan convert fans from passive consumers into real economic stakeholders The entertainment industry has long treated intellectual property like the paranoid owner of a rare painting, locked away in a private vault. It is extremely valuable, but static, illiquid, and
Two important pieces of news for $BNB: the new Binance AI wallet and a new presale that promises exceptional returns. However, behind the enthusiasm it is necessary to distinguish concrete innovation from speculative narrative. Specifically, according to information released in the last few hours, the group has introduced a keyless system designed to allow AI
Vocal cryptocurrency critic and gold bug Peter Schiff is taking fresh shots at MicroStrategy Executive Chairman Michael Saylor. Schiff claims that his grandest Bitcoin price predictions are mathematically unraveling. Schiff took aim at Saylor’s extremely audacious 2025 forecast that Bitcoin would hit $1 million per coin if Strategy managed to accumulate 5% of the total