USDT has overtaken Ethereum in market capitalization, highlighting a shift in the crypto market from speculative assets to stablecoins that provide dollar liquidity. The stablecoin market has grown 30 times since 2020, now exceeding $300 billion, driven by real demand for programmable dollar liquidity rather than speculation. This growth supports various uses like cross-border payments, merchant transactions, and payroll, which remain essential even in bear markets. The rise of stablecoins is also transforming neobanks, enabling them to offer global financial services on stablecoin infrastructure, with major payment networks like Visa and Mastercard integrating stablecoins into their systems. This trend points to a future where stablecoins and neobanks dominate crypto money movement and financial services.
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
