European Central Bank President Christine Lagarde has intensified her opposition to euro-denominated stablecoins, warning that the risks to financial stability and monetary control outweigh any benefit to the euro’s international role. Speaking Friday at the Banco de Espana LatAm Economic Forum in Spain, Lagarde argued that Europe does not need to replicate the stablecoin models
The cryptocurrency market experienced a notable pullback on May 8, 2026, with Bitcoin ($BTC) slipping below the psychologically significant $80,000 level. This move comes after a period of consolidation following April’s rally. The sudden downturn has wiped out millions in leveraged positions, bringing the total market capitalization down to approximately $2.66 trillion. Why Is Crypto
Bitcoin and altcoins have been on an upward trend in recent days. While $BTC rose above $82,000 during the week, cryptocurrency analysis company Santiment recently revealed the most popular altcoins in the cryptocurrency world. According to Santiment, investors are showing strong interest in altcoins such as Bitcoin ($BTC), Cardano ($ADA), Avalanche ($AVAX), 1inch ($1INCH), Monero
Some Revolut users saw bitcoin briefly display far below market prices on Friday, with app charts showing a sudden plunge before snapping back near prevailing levels, in what appeared to be either a pricing display issue or a liquidity-related dislocation. Revolut’s official bitcoin page shows BTC briefly marked around £29,414 on Revolut’s one-day chart before
Bitcoin slipped back below $80,000 on Wednesday after a brief breakout attempt, as onchain data suggested the rally was already running into profit-taking pressure. CryptoQuant said bitcoin’s 37% rebound from April lows still looks more like a bear-market rally than a confirmed trend reversal, with realized profits hitting their highest level since December and short-term
Benchmark Equity Research reiterated its “buy” rating and $27 price target on Bitdeer Technologies, citing the stock’s re-rating potential as a bitcoin miner transitioning into AI/HPC infrastructure. Bitdeer shares (BTDR) surged nearly 21% Wednesday following Hut 8’s (HUT) announcement of a massive 352 MW AI data center deal at Beacon Point, highlighting investor enthusiasm for
Stablecoin issuer Circle has officially launched its $USDC stablecoin and the Cross-Chain Transfer Protocol (CCTP) on the Injective ($INJ) network, marking a significant step in expanding the utility of dollar-pegged digital assets within the decentralized finance (DeFi) ecosystem. The integration, announced this week, enables developers and users on Injective to access $USDC for trading, lending,
A crypto analyst has identified a multi-year Cup and Handle pattern on the Bitcoin ($BTC) chart that he says has gone largely unnoticed by the broader market, despite its significance. The analyst believes this single formation signals a major bull trend ahead for Bitcoin, projecting a minimum price target of $220,000 once the cryptocurrency begins
The crypto industry’s embrace of AI is less about chatbots and more about building financial infrastructure for autonomous machines, says Chappy Asel, a former Apple engineer and founder of AI nonprofit The AI Collective. Speaking at Consensus Miami, Asel, founder of The AI Collective, a global nonprofit AI community with more than 200,000 members across
SwarmBase, a famous decentralized infrastructure company, has joined IQ AI, a renowned decentralized network that integrates AI and blockchain technologies. The partnership includes the integration of the AIDEN AI agent of IQ AI into SwarmBase’s decentralized community network. As per IQ AI’s official press release, the development endeavors to increase the accessibility of blockchain knowledge