Traders are shifting money back into stablecoins like USDT and USDC instead of keeping it in bitcoin. This shift shows up in their market shares. Bitcoin’s slice of the crypto pie dropped from 61. 2% to 60% since early May. Meanwhile, USDT’s share rose from 7% to 7. 5%, and USDC climbed from 2. 8% t
A mid-sized bank in Texas just flipped the script on how U. S. finance handles digital money. United Texas Bank quietly earned a national banking license in May, giving it the same power as Wall Street giants like JPMorgan or Bank of America. Unlike those traditional firms that still treat crypto li
The Digital Chamber, a leading crypto trade group, has urged the Treasury Department to support its recent decision to grant national trust bank charters to crypto companies. It asked the Office of the Comptroller of the Currency (OCC) to defend these approvals and keep working on clear rules for
Justin Sun, who sits on the advisory board of HTX Global, posted a short message on X. He said he is watching the situation closely and trusts that HTX will cooperate with UK authorities to resolve any concerns. Sun added that the company is committed to following all relevant laws and working wi
In recent months, several firms that once challenged banks are now applying for bank licenses. They want to move from being payment or crypto services into full banking operations. The applicants include well‑known names such as PayPal and the buy‑now‑pay‑later company, along with the three major D
HTX, a crypto exchange that operates worldwide, has publicly denied allegations from the UK government that it helped Russia move money for its war in Ukraine. The British Foreign Office said there was “reasonable grounds” to suspect HTX assisted a Russian‑linked stablecoin called A7A5. HTX’s spokes
The digital asset XRP has slipped more than five percent in the last month, and experts point to two main culprits: thinner liquidity and a shift in trader mood. Liquidity, the amount of XRP available for trading on exchanges like Binance, has fallen sharply to about 0. 043 in the past 30 days. T
Two companies that store major cryptocurrency reserves are about to enter widely watched U. S. stock indexes. One focuses on Ethereum, the other on Solana. Their entry might sound like a big deal, but the market isn’t treating both moves the same way. Sharplink, a company that holds a large Ethereu
Investors are pulling money out of Bitcoin ETFs at the fastest rate this year, with over $1. 3 billion exiting just last week. The trend isn’t limited to Bitcoin—Ethereum and smaller cryptocurrencies also saw withdrawals. What’s driving this shift? The bond market is betting big that interest rates
Stablecoins promise safety by staying tied to real-world money, but last weekend’s hack shows how easily that promise can break. A European issuer called StablR learned this the hard way when a thief walked away with $2. 8 million after creating $13. 5 million of unbacked tokens. The attack started
