Bitcoin.com has integrated USDU, the UAE's first US dollar-backed stablecoin registered with the Central Bank of the UAE, into its self-custodial wallet on web and mobile. This marks USDU's first major retail distribution, expanding its use beyond institutional clients. USDU is backed 1:1 by US dollar reserves held in major UAE banks and operates under strict regulatory oversight. Bitcoin.com plans to enhance USDU's functionality with peer-to-peer payments, educational tools, and payment acceptance for its services, signaling a push to broaden stablecoin adoption in retail crypto markets.
Bitcoin price surged past $68,000 following a breakout above key resistance levels, triggering a short squeeze that liquidated over $1 billion in crypto shorts within an hour. The rally pushed Bitcoin from below $65,000 to nearly $69,500 before settl...
The US government, under President Trump's leadership, has codified the GENIUS Act to streamline crypto regulations and established a strategic Bitcoin reserve from seized assets. This move clarifies the regulatory distinction between crypto securiti...
Bitcoin's price surged past $68,000, causing $1.93 billion in leveraged crypto liquidations within 24 hours, predominantly affecting traders betting against the market. Short positions accounted for $1.75 billion of the liquidations, with Bitcoin alo...
Former President Donald Trump announced that the US government is considering purchasing a significant amount of Bitcoin, continuing its policy of maintaining a Strategic Bitcoin Reserve. The US currently holds about 328,000 BTC, making it the larges...
Bitcoin surged nearly to $70,000 following the US Treasury's announcement to double bond buybacks to $4 billion, triggering $1.9 billion in total liquidations, mostly from short positions. This move reflects growing concerns over rising US debt servi...
