Stablecoin

Bitcoin closes above $95k and targets $100k as Altcoins show mixed signals

May 3, 2025

BTC breaks resistance, invalidates short-term bearish setup Bitcoin has officially closed above $95,000, breaking its six-day rejection streak and invalidating the previously anticipated pullback scenario. With price action now clearly above the daily, 4h, and weekly TBO Clouds, this marks a strong bullish shift. Daily RSI has remained overbought for 10 days, signaling sustained momentum, […]

Mastercard launches stablecoin payment capabilities

May 3, 2025

Mastercard has unveiled new global stablecoin acceptance and payment capabilities to ensure that individuals and businesses can conduct stablecoin transactions “anytime” and “anywhere”. This initiative encompasses services including Wallet enablement, card issuing, merchant settlement, on-chain remittances, and the enhancement of payment and commerce applications. The payments giant has forged partnerships with crypto-native companies such as […]

Visa CEO on economic slowdown, new stablecoin deal, and AI agents that shop for you

May 3, 2025

The Trump trade war hasn't thrust the US economy into a recession, Visa (V) CEO Ryan McInerney says. "We saw strong, broad-based consumer spending. We definitely saw some deceleration in certain parts of the economy, but also strong spending growth in other parts of the economy," McInerney told Yahoo Finance on Wednesday (video above). "What […]

Stablecoins, blockchain adoption will be big in 2025: Citi

May 3, 2025

Bloomberg News A new report from Citi finds 2025 may be "blockchain's ChatGPT moment" with regulatory change driving rapid adoption in the financial and public sector and an uptick in stablecoin use. "I've been looking at crypto and blockchain for almost a decade now and we've consistently heard that the institutions are coming, or banks […]

World Liberty’s Stablecoin Will Be Used to Close MGX’s $2B Binance Investment: Eric Trump

May 3, 2025

Eric Trump, son of U.S. President Donald Trump, said that World Liberty Financial's dollar denominated stablecoin (USD1) has been officially selected as the official stablecoin to close MGX’s $2 billion investment in Binance. Speaking at the Token2049 event in Dubai, Trump also announced that USD1 will be integrating with the Tron ecosystem, which is backed […]

Sui Price Explodes 70% in 1 Week Thanks to DeFi Growth and Pokemon Hype

May 3, 2025

Sui’s price (SUI-USD) has exploded over 70% in the last week. It is now trading around $3.77. The rally has been driven by a surge in DeFi activity. Expanding stablecoin liquidity has added more fuel. Even rumors linking Sui to Pokemon have played a part. DeFi Growth Drives Sui’s Climb At the heart of the […]

Why pro-Bitcoin US senator calls Fed’s crypto-friendly move ‘just lip service’

May 3, 2025

The Federal Reserve rescinded some Biden-era crypto guidance Thursday. But it kept a regulation targeting state-level banks. Critics say the central bank is still an obstacle to US crypto adoption. The Federal Reserve on Thursday withdrew from a slew of Biden-era guidance warning banks against engaging the crypto industry. The reversal could lead to an […]

Ripple acquires crypto-friendly prime broker Hidden Road for $1.25 billion

May 2, 2025

In one of the largest deals in the crypto space to date, crypto payments company XRP, to integrate a broader range of services that will attract large institutions, CEO Brad Garlinghouse told Fortune. “Ripple needs to make sure we have the infrastructure in place to appeal and expand to a larger segment of the biggest […]

Abu Dhabi firm to invest $2bn in Binance using Trump’s crypto venture

May 2, 2025

A stablecoin launched by Donald Trump’s World Liberty Financial cryptocurrency venture is being used by an Abu Dhabi investment firm for its $2bn investment in crypto exchange Binance, one of World Liberty’s co-founders said on Thursday. World Liberty, which aims to allow people to access financial services without intermediaries like banks, said in March it […]

Trump meme coin insiders have to wait additional 90 days before they can sell

May 2, 2025

A cartoon image of US President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 displayed at a Coinhero store in Hong Kong, China, on in Hong Kong, China, on Thursday, Dec. 5, 2024. Justin Chin | Bloomberg | Getty Images WASHINGTON — President Donald Trump will have to wait another […]