Citi executive warns stablecoin yields could drain bank deposits: Report
Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices.
Is $20K ETH price now in play? Ethereum market enters ‘belief’ zone
Onchain data suggests Ethereum is in the “belief” stage of the bull cycle amid fresh all-time highs, opening the door to potentially even higher prices.
Crypto ETPs post $1.4B losses amid recent Bitcoin, Ether sell-offs
Crypto ETPs saw their biggest losses since March as outflows totaled $1.43 billion amid investor sentiment becoming “polarized,” CoinShares’ James Butterfill reported.
Strategy buys $357M in Bitcoin as price drops to $112K
Michael Saylor’s Strategy announced a $356.9 million Bitcoin purchase last week, bringing total BTC buys in August to just 3,666 BTC.
How to use ChatGPT to research coins before you invest
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions.
Grayscale seeks SEC approval for Spot Avalanche ETF under AVAX ticker
The Avalanche ETF filing marks another step in Grayscale’s expanding suite of crypto investment products, following XRP and DOGE filings earlier this year.
Bitcoin late longs wiped out as sub-$110K BTC price calls grow louder
Bitcoin leveraged positions grew over the past 24 hours, and many of these late longs have been wiped out as the BTC price dropped below $112,000.
Japan’s finance minister endorses crypto as portfolio diversifier
Japan’s Finance Minister Katsunobu Kato said crypto deserves a spot in portfolios, while pledging to build a sound trading environment for the sector.
Psychic’s advice cost billionaire heiress $80M in crypto: Report
The heir to the Thomson Reuters fortune is suing her former best friend after a psychic’s recommendation led to massive crypto bets costing millions.
BTC bull run over at $111K? 5 things to know in Bitcoin this week
Bitcoin dives to multi-week lows, and as talk of all-time highs vanishes, BTC price targets include a retest of $100,000 and under.