Analysis: Cryptocurrencies

$7.4bn and +80%: the boom in tokenized Treasury funds

A new wind is blowing on the rate markets. While crypto traders have been looking for years for a place to put their excess cash between trades, an alternative to stablecoins is gradually emerging:...

J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half

J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections far too optimistic, as there was little evidence of mainstream adoption of...

Robinhood soars on stockmarket after tokenizing Wall Street - Crypto review

Robinhood triggers an earthquake in global finance. In Cannes, the platform unveiled a radical shift towards blockchain-based finance, promising a Nasdaq open 24 hours a day, five days a week,...

Sberbank CEO puzzled by Russia's push to create digital rouble

ST PETERSBURG, Russia -German Gref, CEO of Russia's dominant lender Sberbank, on Wednesday said he did not see any potential benefits to Russia's development of the digital rouble beyond the possible...

Bitcoin demand falters, but history and macro point to more upside this fall

Bitcoin closed June at a record high, but on-chain data shows a deep demand deficit. Historical cycles and looming Fed rate cuts suggest the final bull run may still be ahead.

Palmer Luckey, backed by Palantir's Lonsdale, to launch crypto-focused bank

Tech billionaire Joe Lonsdale said on Wednesday he is investing in a new crypto-focused U.S. bank being launched by Anduril co-founder Palmer Luckey that aims to fill the void left by Silicon Valley...

No scope for rate cuts with inflation outside tolerance band, Hungary central banker says

BUDAPEST -Hungary's central bank would need to see faster and more durable disinflation to consider any easing in monetary conditions, a deputy governor told Reuters, adding that rate cuts were off...

Belgium to tax capital gains in major fiscal reform

BRUSSELS -Belgium will introduce capital gains tax on financial assets, such as shares and cryptocurrencies, its finance minister said, bringing it into line with its European peers. ...

Exclusive-Circle applies for US trust bank license after bumper IPO

Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued the company at nearly $18 billion earlier this month.  If...

Wall Street analysts split on Circle after blockbuster IPO on lofty valuation concerns

Wall Street brokerages had mixed recommendations on stablecoin issuer Circle Internet Group as they began coverage on Monday, with some analysts expressing concerns about its elevated valuation after...

Cryptocurrency fraud ring busted in Spain after laundering $540 million, Europol says

PARIS -A cryptocurrency investment fraud ring that investigators said laundered 460 million euros using a worldwide network of accomplices has been dismantled in Spain, European police body Europol...

Ripple to drop cross appeal against US SEC in crypto lawsuit, CEO says

Ripple Labs will withdraw its cross appeal against the U.S. Securities and Exchange Commission in a prolonged legal battle tied to the sale of its XRP tokens, the crypto firm's CEO said on Friday. ...

Bolivia crypto transactions up over 530% amid currency woes

Bolivia's central bank on Friday reiterated a dramatic uptick in transactions of digital assets, following a Reuters report that showed how more Bolivians were turning to crypto exchanges like...

Crypto exchange Kraken debuts peer-to-peer payments app Krak

Crypto exchange Kraken on Thursday launched a peer-to-peer payments app that enables users to send and receive funds - in both cryptocurrency and fiat currency - across more than a hundred countries. ...

Global financial crime watchdog calls for action on crypto risks

PARIS -The Financial Action Task Force , a global financial crime watchdog, on Thursday called on countries to take stronger action to combat illicit finance in crypto assets, warning that gaps in...

Polymarket joins the very exclusive club of crypto unicorns - Crypto recap

The decentralized betting platform has just raised $200m, achieving unicorn status… even though it is banned in the United States. With more than $3bn traded on the Trump vs Harris bet in 2024,...

Trump-backed crypto firm is planning stablecoin audit, new app

Zak Folkman, the co-founder of U.S. President Donald Trump's cryptocurrency platform World Liberty Financial, said on Wednesday that the company will issue an audit of its stablecoin within days and...

Bitcoin regains $107K — but this bull run looks like a whales-only game

Bitcoin has reclaimed $107K, but retail is missing in action. On-chain activity is shrinking while institutions, ETFs, and whales dominate both spot and derivatives markets.

US investor strikes $1 billion merger to create bitcoin treasury company

U.S. investor and entrepreneur Anthony Pompliano announced on Monday the creation of a new bitcoin treasury company that would hold up to $1 billion of the world's largest cryptocurrency on its...