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$21.5B in stablecoins held idle outside yield products on Ethereum and Base wallets, showing low active use.
A study of about 91,000 Ethereum and Base wallets holding $50,000 to $2 million in stablecoins found $21.5 billion, or 92% of their assets, were held in ordinary balances outside tracked yield products like lending or savings. Only 8.2% of wallets ha...
Bitcoin must be spent to succeed, says Block CEO, not just held as digital gold.
Jack Dorsey, CEO of Block Inc., stated that Bitcoin will fail if it only serves as digital gold and is not used for everyday transactions. He emphasized that Bitcoin's success depends on its use as a medium of payment, aligning with its original desi...
Fidelity's Bitcoin ETF buys another $24.54M in Bitcoin, continuing steady inflows in 2026.
Fidelity's spot Bitcoin ETF, FBTC, purchased an additional $24.54 million worth of Bitcoin, maintaining a consistent pattern of mid-sized buys this year. This steady inflow highlights strong investor interest and positions FBTC among the largest US s...
