What happens when the world is trapped in endless wars, drowning in debt, and unwilling to raise taxes? According to Arthur Hayes, it sets the stage for one of the biggest crypto rallies in history. Summary Arthur Hayes sees wartime deficit spending and central bank liquidity as major catalysts for crypto. He forecasts Bitcoin reaching…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Here is a statistic that should keep payments executives awake at night: stablecoins now process $27.6 trillion annually. That’s more than Visa and Mastercard combined—and the number is only growing. What we…
South Korea’s Financial Supervisory Service has verbally instructed local asset managers to limit exposure to crypto-linked stocks such as Coinbase and Strategy in ETFs, citing a 2017 policy that bars institutional investment in virtual assets. Summary South Korea’s FSS has informally directed asset managers to reduce ETF exposure to crypto-linked stocks like Coinbase and Strategy….
PENGU is gaining strong momentum, surging nearly 50% from its recent breakout and overtaking Bonk to climb to the 43rd spot in market cap rankings. Summary PENGU price extended its rally and is now just 17% below its all-time high. The token has overtaken BONK in market cap rankings. Recent 24-hour rally was fueled by…
Ethereum’s recent price rally appears to be losing momentum just as Spot Ethereum exchange-traded funds record strong inflows. Spot Ethereum ETFs registered a $533.87 million net inflow on July 22, the third-largest single-day inflow since their launch, according to SoSoValue data. With cumulative inflows now totaling $8.32 billion, institutional demand for Ethereum (ETH) ETFs is…
Citigroup claims to be exploring stablecoin adoption amidst accelerated regulations in the United States and Hong Kong to accommodate. How far are they willing to dive? Summary Citigroup seeks to offer stablecoins services and provide on-ramp and off-ramp services for clients. Banks are growing more eager to pursue stablecoin services as regulatory terms become clearer…
Spark rallied for the second straight day, breaking out of a key resistance level as smart money and whale accumulation continue to build momentum. Summary Spark (SPK) surged to an all-time high of $0.1206, up 94% on the day and nearly 275% for the week, amid record trading volume exceeding $1.46 billion. Whale and smart…
Square, the point-of-sale unit of Jack Dorsey’s Block, Inc., has started onboarding merchants to accept Bitcoin payments. The rollout, confirmed by Dorsey in a July 23 post on X, marks the first phase of a wider program to enable Bitcoin (BTC) transactions at Square terminals. Initial sellers will use the system in a limited release,…
ONDO, the native token of the decentralized finance protocol Ondo Finance, is getting fresh enthusiasm after a new ETF filing put it in the spotlight. Summary ONDO jumped 8% after 21Shares filed for a spot ONDO ETF with the SEC, triggering heavy trading and a 13% intraday swing. The 21Shares Ondo Trust will hold ONDO…
Shortly after approving the Bitwise 10 Crypto Index Fund conversion, the U.S. Securities and Exchange Commission paused the decision for a full Commission review. So, why is the SEC halting approvals? Summary Bitwise’s ETF approval was halted just hours after clearance, leaving its multi-asset crypto fund in regulatory limbo. Grayscale’s GDLC faced a similar stay…
