Author Archives: pdgweb

USDC’s market cap is approaching a record $80 billion, with one analyst linking the surge to capital flight and turmoil in Dubai’s real estate market. Read More at https://cointelegraph.com/news/usdc-market-cap-nears-80b-uae-capital-flight-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

US spot Bitcoin ETFs brought in about $767 million over five straight days of inflows for the first time so far this year. Read More at https://cointelegraph.com/news/spot-bitcoin-etfs-five-day-inflow-streak-2026?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

BlackRock launched a staked Ether exchange-traded fund on Thursday, expanding its crypto offerings beyond its flagship spot Bitcoin and Ether ETFs that launched in 2024. Read More at https://cointelegraph.com/news/blackrock-wont-consider-exotic-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Stanley Druckenmiller said stablecoins are more efficient, faster and cheaper than fiat running on traditional banking infrastructure. Read More at https://cointelegraph.com/news/stablecoins-power-global-payments-10-years-stanley-druckenmiller?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin showed remarkable strength throughout the week, but BTC’s correlation to tech stocks and its reactive spot ETF flows suggest the bear market isn’t over yet. Read More at https://cointelegraph.com/news/bitcoin-nearly-overtakes-dollar74k-as-data-suggests-bear-market-is-not-over?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.” Read More at https://cointelegraph.com/news/federal-court-ends-custodia-bank-s-legal-bid-for-a-master-account?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The Bitcoin Policy Institute said the bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions is “encouraging.” Read More at https://cointelegraph.com/news/bpi-targets-august-btc-tax-relief-warns-time-running-out?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions. Read More at https://cointelegraph.com/news/circle-usdc-tether-usdt-adjusted-ytd-volume-mizuho?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Ether bulls appear to be targeting $2,800 as their next stop, but ETH futures data shows a divided market with limited odds for a sustained 33% rally. Read More at https://cointelegraph.com/news/ether-accumulation-data-predicts-rally-to-dollar2-8k-but-there-s-a-catch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

The USDC issuer’s stock is soaring despite a market selloff as stablecoins expand into traditional finance. Meanwhile, Canaan boosts BTC reserves and Wells Fargo eyes crypto services. Read More at https://cointelegraph.com/news/circle-stock-stablecoin-growth-canaan-bitcoin-wells-fargo-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound