Analysis: Cryptocurrencies

Stablecoins may drum up $1.4 trillion of extra dollar demand by 2027, JPM says

LONDON -The adoption of stablecoins could generate an additional $1.4 trillion in demand for U.S. dollars by 2027, if enough overseas investors want to own these digital assets, analysts at JPMorgan...

Global crypto ETFs attract record $5.95 billion as bitcoin scales new highs

Exchange-traded funds tracking crypto assets drew record inflows of $5.95 billion globally last week, as strong demand for digital assets helped propel bitcoin to an all-time high. ...

Bitcoin hits new all-time record high

NEW YORK -Bitcoin hit a new record high on Monday as the world's largest cryptocurrency by market value continued to benefit from strong investor demand. The rally since the start of...

Rouble-backed token targeted by sanctions sponsors top crypto conference

SINGAPORE/PARIS -The business behind a rouble-backed cryptocurrency targeted by U.S. sanctions was among the sponsors of a major crypto conference in Singapore this week, as demand soars for the...

Tether valued at $500bn… but is the bar set too high?

An XXL promise: Tether is aiming for a valuation of $500bn-OpenAI's orbit-and wants to move from being a USDT issuer to a conglomerate of tokenized dollar rails. If the market takes the bait, crypto...

ETH above $4,300: uneasy balance of thin liquidity, unstaking, and retail fatigue

Ether rebounds after a sharp drop, but with exchange reserves at 2016 lows and 35.6M ETH queued for unstaking, the market sits on fragile ground.

Widely-used stablecoins need to be regulated like money, BoE's Bailey says

LONDON -Any stablecoin that becomes widely used as a means of payment in Britain needs to be regulated like money in a standard bank, Bank of England Governor Andrew Bailey said on Wednesday,...

A wave of crypto ETFs is about to flood Wall Street

In Washington, the SEC has lifted a barrier: the approval of crypto ETFs will no longer be subject to endless procedures. Now, Solana, XRP, Dogecoin, and others are seeing a fast track to traditional...

Tether names ex-Google, Limestone executive as chief business officer

Crypto giant Tether has appointed Benjamin Habbel as its chief business officer, the company said on Wednesday, as it looks to broaden its investments beyond digital assets. Habbel, who...

Leverage flushed, bulls cornered: is Bitcoin's $111K line about to break?

Bitcoin slid below $112K, triggering $1.6B in liquidations. With short-term holders capitulating, the $111.4K realized price is now the key battleground.

UK and US to smooth capital markets access and crypto cooperation

LONDON -The governments of Britain and the United States will set up a body to reduce red tape for firms seeking to access capital markets on both sides of the Atlantic and improve cooperation on...

The Fed Delivers; Crypto Markets Gear Up for a Busy Autumn

Bitcoin climbs following the Fed’s rate cut, with global liquidity rising and stablecoin inflows signaling renewed risk appetite.

Working in stablecoins pays off big time

After money comes talent: the new battle for stablecoins is also being fought in recruitment offices. We discuss this in Cryptio review, after this week's essential news.

UK regulator proposes exempting crypto firms from 'integrity' and other rules

LONDON -Crypto firms in Britain could be exempted from rules that ensure financial services companies act with integrity and in the interests of customers, under new proposals outlined by the...

Malta's financial regulator opposes push to centralise EU crypto supervision

PARIS -Malta's financial watchdog is opposed to a push by other countries to give the European Union's securities regulator more powers to supervise crypto companies, a spokesperson said on Tuesday. ...

Exclusive-France threatens to block crypto licence 'passporting' in EU regulatory fight

France has warned it may try to block some crypto firms licenced in other EU countries from operating domestically as part of a push to get oversight transferred to the bloc's central securities...

Exclusive-Wheat for Chinese cars? Russia turns to barter to skirt sanctions

Old-fashioned barter is on the rise in Russia's foreign trade for the first time since the 1990s, as companies seeking to outfox Western sanctions swap wheat for Chinese cars and flax seeds for...

Crypto companies: is the party over?

From Wall Street to Tokyo, the euphoria of the crypto summer is finishing up as a hangover. Companies that built their valuations on mountains of bitcoin are seeing their shares plummet, a sign that...

Bitcoin treasuries stall as institutions quietly fuel a new altcoin season

A new crypto cycle dynamic is taking shape, as corporates and ETFs drive altcoins while Bitcoin treasuries lose steam.