Stablecoin Issuers Now 18th Largest Holder of US Treasuries, Says Bernstein
“Stablecoin usage has decoupled from crypto and is increasingly being held for non-crypto use cases,” Bernstein stated.
‘Microsoft of Blockchains:’ Bitwise Doubles Down on Ethereum’s Fundamentals
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt…
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His scam, which started in 2018, involved falsifying financial…
US Sentences Nigerian Darknet Fraud Leader to Five Years in Prison for $6M Scheme
A Nigerian national has been sentenced to five years in federal prison for his role in a massive darknet fraud scheme that intended to cause over $6 million in losses,…
JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge
US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to new numbers from the Federal Deposit Insurance Corporation (FDIC). In…
Dogecoin (DOGE) ‘Gearing Up for a Bullish Breakout,’ Says Crypto Analyst – Here’s What To Watch For
The top meme asset Dogecoin (DOGE) could be “gearing up for a bullish breakout,” according to a popular crypto trader. The analyst Ali Martinez tells his 71,100 followers on the…
Could Kamala Harris Be Better for Bitcoin Than Trump? VanEck Thinks So
Donald Trump is the so-called crypto candidate, but VanEck analysts have made a case for a Kamala Harris win being a bigger boost for Bitcoin.
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