Tag Archives: crypto market

Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger

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Mastercard said Wednesday it plans to open its global card-settlement network to regulated stablecoins, a move designed to let card issuers and acquirers clear card transactions directly on-chain.  The company says the service will operate across eight different blockchains, extending on what it describes as “real-world utility” for digital assets. Alongside the expanded on-chain settlement… Continue reading Mastercard Unveils Stablecoin Settlement Support Spanning 8 Blockchains, Including The XRP Ledger→

Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days

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The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as multiple warning signs converge—from heavy selling in the exchange-traded fund (ETF) complex to renewed doubt around Strategy’s long-held “never sell” narrative.  The result has been a weak session: on Wednesday, the cryptocurrency slipped below the key $66,000 level, extending a selloff that has… Continue reading Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days→

Bitcoin Crash Explained: Binance Research Blames Outflows Toward US Equities

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The broader crypto market has endured one of its toughest weeks of the year, with $1.5 billion in liquidations recorded since Monday alone. The pressure intensified as Bitcoin (BTC) slipped back below the $67,000 level for the first time since April, a move that heightened selling fears and weighed on overall market sentiment.  Despite the… Continue reading Bitcoin Crash Explained: Binance Research Blames Outflows Toward US Equities→

Crypto In 401(k)s: Senators Sanders, Warren Letter Warns $14 Trillion At Risk From DOL Proposal

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Democrats in Congress are pressing back against a US Department of Labor (DOL) proposal that could significantly expand how Americans can use 401(k) retirement accounts—particularly by allowing allocations to crypto assets.  In a letter shared with The Guardian, Senator Bernie Sanders, Senator Elizabeth Warren, and House education and workforce committee ranking member Bobby Scott of… Continue reading Crypto In 401(k)s: Senators Sanders, Warren Letter Warns $14 Trillion At Risk From DOL Proposal→

Binance Unveils Trading Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan

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Binance is making another push to blur the line between digital assets and traditional markets. In an announcement made Monday, the company said its users will soon be able to trade more than 7,000 US stocks and exchange-traded funds (ETFs).  It also detailed a plan to let customers convert the stocks they hold into tokenized,… Continue reading Binance Unveils Trading Access To Over 7,000 US Stocks, ETFs—And Adds A New Tokenization Plan→

Analyst Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s Why

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The Dogecoin (DOGE) price has continued to trend downwards, fueled by general weakness in the meme coin market and a lack of sustainable bullish catalysts. Due to its poor performance, market sentiment has been in the dumps for months. However, a crypto analyst has noted that this period of prolonged consolidation and negativity occurs before… Continue reading Analyst Says This Dogecoin Chart Is Too Dangerous To Ignore – Here’s Why→

Perps Lift Crypto Stocks—Robinhood, Coinbase End Week In The Green After CFTC Move

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Robinhood (HOOD) and Coinbase (COIN) ended the week’s final session in the green, with Robinhood’s stock leading the move as US regulators took steps that could expand the local market for crypto derivatives. Shares of Robinhood rose sharply, jumping about 11% on the day to close around $94 per share, which also marked the highest… Continue reading Perps Lift Crypto Stocks—Robinhood, Coinbase End Week In The Green After CFTC Move→

JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’

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As lawmakers advance the crypto bill closer to completion, JPMorgan CEO Jamie Dimon attacked Coinbase CEO Brian Armstrong and criticized the CLARITY Act on Friday. Dimon Predicts Clash Over CLARITY Act Speaking at the Reagan National Economic Forum, Dimon said banks “will not accept” the CLARITY Act in its current form. He also suggested that… Continue reading JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’→

Ethereum (ETH) Drops Below $2,000—Why Standard Chartered Still Expects $40,000 By 2030

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Ethereum (ETH) has followed Bitcoin (BTC) and much of the wider crypto market lower over the past 48 hours, dropping below the key $2,000 support level and reigniting concerns among some investors that a longer bear phase could be underway.  Even with the recent slide, Standard Chartered’s Digital Assets Research Head, Geoff Kendrick, says the… Continue reading Ethereum (ETH) Drops Below $2,000—Why Standard Chartered Still Expects $40,000 By 2030→

Treasury Secretary Urges CLARITY Act Passage, Saying The US Should Be Home For Crypto

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On Thursday, Treasury Secretary Scott Bessent urged Congress to pass the CLARITY Act, a bill that would provide the crypto industry with a regulatory framework and the long-awaited clarity it needs regarding the classification of digital assets.  Bessent Presses Lawmakers To Pass The CLARITY Act  In remarks at the White House, Bessent emphasized that the… Continue reading Treasury Secretary Urges CLARITY Act Passage, Saying The US Should Be Home For Crypto→