Fed’s dovish move will slash $625M in interest income for stablecoins
CCData estimates stablecoins will lose approximately $625 million in interest income for each 50-basis point cut. Further cuts in 2024 could reduce annual revenue by as much as $1.5 billion.
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Weibo Continues Rage at Tron and Binance: Sun and Yi He Blocked
Tron (TRX) founder Justin Sun and Binance co-founder Yi He have had their Weibo accounts suspended.China’s major microblogging website, which is often referred as “Chinese Twitter,” has purportedly deleted the accounts of the two prominent crypto personas.Sources in China confirmed to Cointelegraph that content on Weibo accounts of Justin Sun and Yi He is no…

Q&A: Top Copy Trader and Crypto Pundit on Their Market Predictions
There’s a palpable buzz in crypto markets right now. Copy trading is gaining momentum, as it allows investors to emulate the moves of experienced traders.We spoke to Jay Smith, a popular trader on the eToro platform who is otherwise known as Jaynemesis, as well as to Kevin Stanely, the host of the podcast CRYPTO 101. Here,…

Bitcoin gains $2K in hours after BTC price bounces near previous all-time high
Weak stocks and fresh worries over Evergrande fail to keep Bitcoin down for long as $67,000 all-time highs reappear on the horizon. 204 Total views 17 Total shares Bitcoin (BTC) passed $66,000 again on Oct. 21 after a fresh macro turbulence sparked a retest of previous all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEvergrande fails…

Crypto lender Delio warns normal operations in jeopardy after asset seizures
The South Korean crypto lender has had to halt certain interest payments amid a recent investigation resulting in the company and its customers' assets being seized. 170 Total views 2 Total shares South Korean crypto lending firm Delio has reportedly raised concerns over whether it can continue to provide normal services to clients after having…

SEC will drop its appeal against Ripple, CEO Garlinghouse says
Recent news indicates that the SEC's enforcement actions against Ripple might be winding down during the Trump administration. The United States Securities and Exchange Commission’s multi-year enforcement action against Ripple is finally coming to an end, according to the company CEO. “This is it — the moment we’ve been waiting for. The SEC will drop

CoinShares forecasts boom in Bitcoin yield solutions for 2025
Bitcoin has been increasingly recognized as not only a store of value but also as a means to generate yields, CoinShares’ analyst Satish Patel said.

Researchers Say 50,000 Servers Worldwide Infected With Privacy Coin Cryptojacking Malware
As many as 50,000 servers worldwide have allegedly been infected with an advanced cryptojacking malware that mines the privacy-focused open source cryptocurrency turtlecoin (TRTL). The news was revealed in an analysis by international hacker and cybersecurity expert group Guardicore Labs on May 29.As reported, cryptojacking is an industry term for stealth crypto mining attacks which…

Crypto exposure has positive impact on investment portfolios, study shows
The study also concluded that temporary crypto market decline and volatility are not enough to diminish the importance of cryptocurrencies in investment portfolios. 1122 Total views 5 Total shares Allocating funds to crypto investment positions has been shown to have a positive impact on the performance of diversified investment portfolios.According to a research study by…