Bessent’s bond-buyback plan fails to curb Treasury yields. Here's what it means for bitcoin and gold
Bessent's $4 billion bond buyback wanted lower yields. It got a bitcoin surge instead.
Tether CEO Paolo Ardoino says USDT use is growing for savings, payments and trade across Venezuela, Argentina, Bolivia and Turkey.
Tether CEO says USDT adoption grows in 4 countries
The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
Bitcoin holds above $77,000 after a 21% week, with XRP up 46% over the same stretch. Asian stocks fell as Samsung and Alibaba slid.
Crypto holds big weekly rally as Warsh’s Jackson Hole debut comes into focus
Upbit will open LIT trading against the South Korean won, expanding local access to Lighter’s Ethereum based utility token.
Upbit lists Lighter’s LIT in South Korean won market
Every blockchain eventually hits a hard wall: thousands of independent computers have to settle on one history without a central referee deciding which version wins. That process is called a consensus algorithm, and the design determines who can add transactions, how rival versions of the ledger get settled, and when a payment is effectively locked […]
Bitcoin to Solana: How 8 Crypto Networks Reach Consensus
Phantom will stop supporting Sui on Sept. 24, removing in-app access while users’ assets remain available through compatible wallets.
Phantom ends Sui support on Sept. 24
Term permanently closed its Meta Vaults after an attack reportedly removed nearly all of their Ethereum deposits.
Term Finance loses estimated $8.5M in vault governance exploit
Conflux (CFX) v3.1.0 hardfork introduces CIP upgrades and compatibility changes. Node operators must update by Aug 25 to avoid disruption. (Read More)
Conflux (CFX) Hardfork v3.1.0 Set for Aug 25, Node Upgrade Required
A U.K. court shut down Key Coin Assets Ltd. after nine investors who complained to Action Fraud paid more than £300,000. Investigators found no evidence of genuine trading and described its operation as displaying hallmarks of a Ponzi-style scheme. UK Court Winds Up Key Coin Assets The U.K. government announced on Aug. 18 that a […]
Crypto Firm Shut Down After Nine Investors Lose Over £300,000
Ray Dalio warns U.S. debt could reach $60 trillion within a decade, raising the risk of severe financial disruption. The Bridgewater Associates founder recommends 10% to 15% in gold, plus a bit of bitcoin, as currencies weaken. Dalio Backs Bitcoin as Debt Risks Intensify Bridgewater Associates founder Ray Dalio said growing debt, weakening demand for […]
Ray Dalio Backs Bitcoin as US Debt Could Spiral to $60 Trillion
XRP’s circulating supply grew 5.5% year over year, creating dilution that fee burns come nowhere near offsetting, according to 21Shares. XRPL revenue fell 81.6% as stablecoin balances and institutional tokenization expanded on the network. XRP Supply Dilution Outpaces Fee Burns XRP’s circulating supply expanded through monthly escrow releases that exceeded the amount returned to es
XRP Faces 5.5% Annual Supply Dilution as XRPL Revenue Falls 81.6%
While bitcoin has ripped 23.6% higher over the last seven days and ethereum has blasted 31.2%, the real fireworks have been deeper down the board, where Pump.fun’s PUMP has exploded 99% and Ethena’s ENA has ripped 98.57%. Even after logging massive gains, a great deal of today’s crypto tokens remain buried below their former peaks, […]
Altcoins Rip Higher, but One Brutal Metric Kills the Altseason Hype
The US may face a debt crisis within three years according to Ray Dalio, and debt-related issues helped fuel a rally in Bitcoin that could mark the beginning of a new cycle.