Euro stablecoins might seem small now, but they have huge potential. Right now, most stablecoins are tied to the US dollar, making up over 99% of the market. Euro stablecoins, on the other hand, are barely a blip at around $600 million. But don't let the small numbers fool you. The euro is the world
The crypto world is seeing more dramatic losses as traders take on bigger risks. In the current market cycle, the average daily losses from failed trades have shot up. Long positions are now seeing around $68 million in daily liquidations, while short positions face about $45 million. This is a big
Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja
Ripple, a company that deals with digital money, just got a huge boost. They raised $500 million from big investors like Fortress and Citadel. This puts their value at $40 billion. Other big names like Pantera Capital and Galaxy Digital also joined in. This shows that more and more big players are s
Bitcoin's price is hanging by a thread, and the recent drop in demand for Bitcoin ETFs is making things even shakier. Analysts are keeping a close eye on the $107, 000 to $108, 000 range, which is now under threat. Things took a turn after a big announcement from the US President about tariffs. Bet
In a significant shift, major financial players are diving into the crypto world. Apollo Global Management, Oppenheimer, Jane Street, and HSG have all invested in Kraken, a top crypto exchange. This investment values Kraken at a whopping $15 billion. It's a clear sign that big institutions are getti
Aave, the top decentralized lending platform, saw its token AAVE climb 2. 5% on Tuesday. This jump happened after a rough night, showing that investors are regaining confidence. The token broke through important resistance levels, confirming a double-bottom pattern between $220 and $221. 13. This pa
Plume Network is making a bold move to attract big-time investors. They're buying Dinero Protocol to offer fancy crypto yield products for Ethereum, Solana, and Bitcoin. This isn't just any deal—it's a game-changer for institutions looking to dip their toes into crypto. Dinero's star product, ipxET
As the 2024 presidential election approaches, the cryptocurrency market is abuzz with speculation about the potential impact of a Trump victory on the price of Bitcoin. Analysts at Bernstein have predicted that if Donald Trump wins, Bitcoin could reach a staggering $80,000 to $90,000 by December. Bu
