S&P Downgrades Tether’s USDT, Citing Falling Bitcoin Prices as Risk
The ratings agency cited bitcoin’s rising share in the stablecoin reserves, making USDT vulnerable to falling prices.
Blog
Bitcoin Flashes Reliable Bottom Signal as Short-Term Holders Capitulate
Analysts note Bitcoin’s rebound is tracking U.S. equity strength, with $88,000 as a key threshold to confirm a local bottom.
Filecoin Rises 1.8% as Storage Token Defies Crypto Weakness
The decentralized storage protocol showed selective strength while broader digital assets retreated.
Binance Introduces Bespoke Service for Ultra High-Net-Worth Crypto Investors
Binance Prestige is a new white glove service targeting wealthy crypto investors and family businesses with assets in the order of around $10 million.
Swiss Bank AMINA Trials Google Cloud’s Ledger for Instant Payments
The pilot’s goal was to show how banks can use Google’s Universal Ledger to settle fiat payments in real time without new digital currencies.
A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%
The stablecoin infrastructure hopeful is trading nearly 90% below its early peak, with thin usage, supply pressure and sparse communication fueling uncertainty about whether...
CoinDesk 20 Performance Update: Only Bitcoin Cash (BCH) Gains, Up 2.8%
Internet Computer (ICP) fell 3.4% and Litecoin (LTC) dropped 1.7%, leading the index lower. .
Robinhood Makes Prediction Market Push With Purchase of Former FTX Platform LedgerX
Wall Street research firm Bernstein said the move — which Robinhood made in conjunction with market-making giant SIG — raises the stakes for competitors...
Grayscale Files to List First Zcash ETF in the U.S. Amid 1,000% Rally
The crypto asset manager is converting its Zcash Trust into a spot ETF, betting on rising demand for privacy coins as ZEC outpaces BTC...