News

Latest news from the Web3 ecosystem

Western Union Partners to Launch USDPT Stablecoin on Solana

Western Union Partners to Launch USDPT Stablecoin on Solana

Global payments giant Western Union is set to integrate its planned USDPT stablecoin with the Solana blockchain, bridging traditional finance with decentralized digital assets.

1 min read
Bitcoin Price Surge Meets Holder Hesitation Near $78K

Bitcoin Price Surge Meets Holder Hesitation Near $78K

Bitcoin's upward momentum is intensifying, with price gains accelerating. However, a significant portion of holders remain underwater, influencing trading strategies and posing a challenge for surpassing the $78,000 mark.

2 min read
Trump Nominates Pro-Bitcoin Candidate Kevin Warsh for Fed Chair

Trump Nominates Pro-Bitcoin Candidate Kevin Warsh for Fed Chair

President Trump has officially submitted the nomination of Kevin Warsh to replace Jerome Powell as Federal Reserve Chair to the Senate. Warsh has previously expressed support for Bitcoin.

1 min read
Scotiabank Unveils Multi-Crypto ETF with 3iQ in Canada

Scotiabank Unveils Multi-Crypto ETF with 3iQ in Canada

Scotiabank's asset management arm, in partnership with 3iQ, has launched a new actively managed exchange-traded fund providing Canadian investors with exposure to a basket of leading cryptocurrencies.

1 min read
Korean Stock Market Volatility May Be Fueling Crypto's Recent Rise

Korean Stock Market Volatility May Be Fueling Crypto's Recent Rise

A significant downturn in South Korea's Kospi index over two trading sessions has potentially redirected capital towards cryptocurrencies, signaling a shift in investor behavior.

2 min read
Bitcoin Price Defense of $70K Crucial for Next Upswing

Bitcoin Price Defense of $70K Crucial for Next Upswing

Analysts highlight the importance of Bitcoin holding the $70,000 level and defending key support zones to pave the way for a potential surge towards $75,000.

2 min read
Trump Backs Crypto Amidst Stablecoin Yield Disputes

Trump Backs Crypto Amidst Stablecoin Yield Disputes

Former President Donald Trump has voiced support for the cryptocurrency industry, specifically criticizing traditional banks for impeding his pro-crypto initiatives, particularly concerning stablecoin yields.

1 min read
Crypto Treasury Inflows Hit Lowest Point Since October 2024

Crypto Treasury Inflows Hit Lowest Point Since October 2024

Monthly inflows into digital asset treasuries have reached their lowest level since October 2024. Bitcoin has been the primary driver of these inflows, with minor exceptions.

1 min read
Trump Meets Coinbase CEO, Later Criticizes Banks on Crypto Bill

Trump Meets Coinbase CEO, Later Criticizes Banks on Crypto Bill

Former President Donald Trump met with Coinbase CEO Brian Armstrong prior to publicly criticizing financial institutions regarding a proposed stablecoin bill.

1 min read
Clear Street Analyst Predicts Sustained Crypto Bull Market

Clear Street Analyst Predicts Sustained Crypto Bull Market

Clear Street analyst Owen Lau believes the current crypto market rally has strong potential for longevity, citing policy developments and institutional interest as key drivers.

1 min read
Tradeweb Invests $31M in Crypto ECN Crossover Markets

Tradeweb Invests $31M in Crypto ECN Crossover Markets

Tradeweb has led a $31 million funding round for Crossover Markets, establishing a strategic partnership to integrate institutional crypto trading.

2 min read
Market Movers: BTC Surges Past $74K Amid ETF Inflows

Market Movers: BTC Surges Past $74K Amid ETF Inflows

Bitcoin's price has seen a significant uptick, surpassing $74,000 driven by sustained investment in spot Bitcoin ETFs. This analysis explores the technical indicators for BTC and major altcoins.

2 min read