Despite Circle’s rising transaction count, Tether’s USDT still accounts for over 68% of the entire stablecoin market.
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Tether’s brand new venture capital division Tether Evo has completed a $200 million strategic investment in the neural implant firm.
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Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.
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Analysts from Bernstein remain optimistic about Bitcoin’s trajectory, dismissing concerns over the recent slowdown in spot bitcoin ETF flows as merely a “short-term pause.” They anticipate a resurgence in bitcoin’s momentum, projecting a bull run toward a $150,000 target by the end of 2025. Despite the ETF slowdown, YTD returns for Bitcoin stand strong at 46%, influenced by the ‘halving’ event and the successful ETF launch. The analysts believe that integration with private banks, wealth advisors, and more brokerage platforms will soon follow, enhancing Bitcoin’s acceptance as a portfolio asset.
Furthermore, Bernstein’s outlook extends beyond Bitcoin, predicting a tripling of the total crypto market cap to $7.5 trillion within 18 to 24 months. They highlight significant growth potential in various crypto niches, including Ethereum’s favorable risk-reward ratio and innovations in crypto payments and DeFi sectors, driven by platforms like Solana and Uniswap. The growing market for tokenized real-world assets, now valued over $2 billion, underscores the increasing integration of cryptocurrencies with traditional finance.
A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics.
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Before the launch of spot cryptocurrency ETFs in Hong Kong, the city’s ETF market accounts for 0.6% of the entire U.S. ETF market.
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The recent slowdown in bitcoin BTC/USD exchange-traded fund (ETF) inflows is a temporary pause, not a negative trend, according to a report by broker Bernstein.
What Happened: Bernstein’s research report suggests that the current slowdown in bitcoin ETF inflows is merely a short-term pause before these funds become more integrated with private bank platforms, wealth advisors, and additional brokerage platforms, CoinDesk reported on Monday. The report notes that the world’s largest cryptocurrency has been range-bound in terms of price, with no clear momentum on either side following the halving.
The report, penned by analysts Gautam Chhugani and Mahika Sapra, states, “There is a…
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Jay Ricky Villarante, the CEO of Moneybees, said that the decision to ban Binance reflects the importance of regulatory compliance and oversight in the industry.
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Decentralize with Cointelegraph dives into the inner workings of DePINs and how they leverage blockchain to revolutionize real-world applications.
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Renowned trader Peter Brandt has stirred the cryptocurrency community with his latest predictions on Bitcoin’s future, revealing a complex scenario of growth and caution. Brandt’s analysis, deeply rooted in the concept of Exponential Decay, has uncovered a trend of diminishing returns across Bitcoin’s previous bull cycles, with the current one—its fifth—showing a potential peak at approximately $72,723, a figure recently met in trading markets.
Despite this seemingly concerning trend, Brandt has introduced a significant twist, assigning a mere 25% probability to his prediction of a peak. Instead, he lends more credibility to his February report, which forecasts a continued bullish trend for Bitcoin stretching into September-October 2025, with potential highs reaching up to $160,000. This dual perspective has sparked a lively debate among investors, balancing optimism with a careful consideration of past cycle trends, ultimately offering a potentially bright future for Bitcoin’s valuation.