The European Central Bank (ECB) has pushed back against proposals to loosen rules for euro-denominated stablecoins. It is intensifying a growing debate over Europe’s role in the future of digital finance. During an EU finance ministers meeting in Nicosia on May 22, ECB President Christine Lagarde and other central bankers reportedly opposed plans. ECB Pushes
The oldest Bitcoin holders, those who have held for more than 10 years, have begun moving their coins at an unusual rate. As Bitcoin crashes from its May 10 high of $82,000 to the current price of $75,400, data shows that some of the network’s oldest holders have started moving coins at unusually high levels.
Bitcoin’s price troubles seem to have no end currently, as the asset just posted yet another leg down that drove it to a monthly low of just over $74,000. This comes as popular analyst CW claimed that retail investors have been disposing of their assets, while whales have set up buy orders that can absorb
JPMorgan’s blockchain-based tokenization platform, Kinexys, has crossed a significant milestone, surpassing $1.5 trillion in cumulative transaction volume since its commercial launch in 2020. The platform now processes more than $2 billion in transactions on a daily basis, underscoring the growing institutional adoption of distributed ledger technology for mainstream financial operations. A Steady Rise in Institutional
The recent streak of outflows from US-based spot Bitcoin ETFs, totaling more than $1 billion over the past trading week, suggests a potential buying opportunity for the world’s largest cryptocurrency, according to crypto sentiment platform Santiment. “Santiment’s analysts read these flows as a counter-indicator, since ETFs disproportionately reflect retail conviction rather than smart money positioning,”
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Mark Cuban said the story around his Bitcoin (CRYPTO: $BTC) sale was wrong, and he did not dump the asset because of the Iran war. As reported previously on Cryptopolitan, Mark offloaded 80 percent of his Bitcoin when its price dipped along with gold hitting $5,000, with which he claimed that this digital asset was
Two of crypto’s most prominent voices have drawn a line in the sand over Bitcoin’s long-term price trajectory, and the gap between their timelines is sparking serious debate. Adam Back, the Blockstream CEO whose Hashcash proof-of-work system directly influenced Satoshi Nakamoto’s Bitcoin design, has publicly stated he expects $BTC to reach $1.5 million by spring
A whale trader who recently closed profitable long positions on $HYPE, $ZEC, and $ETH has opened a substantial short position against Bitcoin. According to on-chain data from Onchain Lens, the anonymous trader, identified by the handle Evaded (@ICanPlug), established a short worth $74.51 million, equivalent to approximately 990 BTC. The position is currently showing an
Bitcoin retreated Friday evening, falling to $75,120 per coin and marking a 2.8% decline over the course of the day. The daily decline added another bruise to what has already been a fairly miserable seven-day stretch, pushing weekly losses to roughly 5%. Key Takeaways: Bitcoin fell 2.8% Friday as Coinglass logged $577.9M in crypto liquidations.