Tag: News

Stablecoin Market Drops $1.04B This Week as USDC Leads Outflows While USDT Holds 58% Dominance – Bitcoin News

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USDC Sees $1.37B in Outflows as Stablecoin Market Shrinks As of this weekend, defillama.com stats show tether ( USDT) continues to dominate the sector with a market capitalization of $184.068 billion, even after a modest seven-day dip of -0.03%, or just over $56 million in outflows. USDT currently accounts for 58.42% of the stablecoin sector’s total valuation, which stands at $315.072 billion after the $1.04 billion loss. Circle’s USDC follows with a market cap of $77.723 billion, though it logged a steeper weekly decline of -1.73%. That places USDC’s outflows…

Binance Pay Reaches 21M+ Merchants Signaling Mainstream Shift in Crypto Payments – Exchanges Bitcoin News

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Binance Drives Global Crypto Payments as More Than 21M Merchants Join Digital payment adoption is accelerating across global commerce as crypto-based systems expand their reach. Binance CEO Richard Teng posted on X this week that more than 21 million merchants now accept Binance payments, signaling increased real-world usage. The executive wrote: “21M+ merchants already accept Binance payments. Crypto is becoming the global standard for commerce.” Binance Pay enables transfers without gas fees, allowing users to send funds directly while selecting preferred assets or adjusting payment order during checkout. “More than…

Is Bitcoin About to Drop Again? BTC Tests Critical $65.5K Support Level – Markets and Prices Bitcoin News

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Is Bitcoin About to Drop Again? BTC Tests Critical $65.5K Support Level Price action on bitcoin‘s daily chart reflected a continuation of a broader downtrend that followed a lower high near the $76,000 region. The current zone around $66,000 to $67,000 has emerged as tentative support, but the inability to reclaim higher levels underscores persistent weakness. A break below $65,000 would expose downside toward $62,000, while resistance remains stacked between $70,000 and $72,000, leaving bitcoin in a structurally vulnerable position despite short-term stabilization. BTC/USD 1-day chart via Bitstamp on March…

Goldman Calls Bitcoin Bottom, Coinbase Provides Crypto Mortgages, and More – Week In Review – News Bitcoin News

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WEEK IN REVIEW VIX Jumps to 27 as $1 Trillion Leaves US Stock Markets on Iran Oil Shock U.S. markets sold off sharply on Thursday as escalating U.S.-Iran tensions sent oil prices higher and pushed investors away from equities, crypto, and even gold… read more Editor’s comment: The “buy the dip” mantra that has worked for equities bulls is going to be challenged. The VIX is quickly approaching “Liberation Day” and COVID levels, but this time, there’s no end in sight. Big legs down look imminent. Crypto Czar No More,…

A16z Is Uniswap’s Top Voter, One-Third of Voters Unidentifiable – Bitcoin News

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Top 100 Holders Control 80% of DeFi Governance Tokens, ECB Study Finds The working paper, ECB Working Paper No. 3208, examined governance data from four protocols, Aave, MakerDAO (now rebranded as Sky), Ampleforth, and Uniswap, across two snapshots in time: November 2022 and May 2023. The protocols were selected for their size and representation of different decentralized finance (DeFi) activity categories, collectively holding roughly 32% of total value locked on Ethereum at the time of data collection. Token concentration figures were stark. ECB researchers state that the top 100 holders…

Nvidia Crypto Revenue Lawsuit Gets Class Certification From California Federal Court – Legal Bitcoin News

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Judge Rules Nvidia Investor Fraud Lawsuit Can Proceed as Class Action U.S. District Judge Haywood S. Gilliam Jr. of the Northern District of California certified the class in In re Nvidia Corporation Securities Litigation (Case No. 4:18-cv-07669-HSG), clearing the case to move forward as a collective action on behalf of investors who bought or acquired Nvidia common stock between Aug. 10, 2017, and Nov. 15, 2018. Plaintiffs allege that Nvidia and CEO Jensen Huang made materially misleading statements to investors during that period, specifically by downplaying how much of the…

US Lawmaker Probes Federal Reserve Approval of Kraken, Warns of ‘Critical’ Risk – Featured Bitcoin News

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Lawmaker Presses Fed Over Crypto Account Approval Heightened scrutiny over access to U.S. payment infrastructure is intensifying as policymakers examine crypto integration. Congresswoman Maxine Waters (D-CA), ranking member of the House Financial Services Committee, sent a letter on March 26, to Federal Reserve Bank of Kansas City President and CEO Jeff Schmid seeking details on the approval of a limited purpose account for Kraken Financial. Regulatory uncertainty has emerged around how this approval fits within existing Federal Reserve frameworks, particularly given the absence of a defined category for such accounts.…

Bitwise Signals End of Anticipation Phase as Institutions Embed Into Crypto – Featured Bitcoin News

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Institutional Capital Accelerates Crypto Integration as Allocations and Product Access Rapidly Expand Institutional capital rotation into crypto markets is accelerating, with Bitwise CEO Hunter Horsley signaling a transition from anticipation to active deployment. He framed the shift as a near-term inflection point driven by sustained inflows and expanding participation from large allocators. The executive expressed on March 27 via social media platform X: “The ‘institutions are coming’ phase is about to be over. They’re here, or arriving shortly.” He pointed to visible allocation activity already underway across the sector. “Countless…

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Cryptoquant – Crypto News Bitcoin News

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Cryptoquant Says Bitcoin Treasury Summer Is Over Outside Strategy The data reveals a stark split in the corporate bitcoin market. Strategy‘s buying represents its highest 30-day purchase volume since April 2025. Every other publicly traded company holding bitcoin in treasury has, by comparison, nearly stopped buying. Cryptoquant researchers tracked the collapse in detail. Non-Strategy treasury companies purchased a combined 1,000 BTC in the last 30 days—a 99% decline from the August 2025 peak of 69,000 BTC. Their share of total corporate bitcoin purchases has fallen to 2%, down from 95%…