Stablecoin market cap hits new all-time high amid 11 months of growth
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
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Bitcoin Ordinals’ total mintage fees increase 700% from April: Report
The total number of Bitcoin Ordinals has surpassed 8 million since its inception in January. 573 Total views 4 Total shares According to a report compiled by @dgtl_assets of Dune Analytics, the total network fees paid for the minting of Bitcoin Ordinals reached 1,414 Bitcoin (BTC), or $38.2 million, on May 20, representing an increase…

Ethena’s USDe beats DAI to become 3rd-largest stablecoin
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.

XRP price to $10–$50 'plausible' if spot ETF approved, ChatGPT says
As an experiment, Cointelegraph asked two different AI models, OpenAI’s ChatGPT and xAI's Grok, to predict how XRP price could be affected by a spot ETF approval.

What do crypto market makers actually do? Liquidity, or manipulation
The role of crypto market makers is poorly understood: do they simply ensure crypto trades go through… or do they manipulate crypto markets?

Most Respondents File Negative Comments for SEC’s Review of VanEck/SolidX Bitcoin ETF
Multiple respondents have filed comments with the United States Securities and Exchange Commission (SEC) on the latest proposed rule change for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). Comments to date were submitted between Feb. 13 and March 12.As reported, CBOE’s BZX Equity Exchange — the exchange that would prospectively list the Bitcoin ETF —…

Central bank overkill: Russia’s proposed crypto ban and why everyone’s against it
On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt…

BNY Mellon and Credit Suisse Involved in Telegram’s $1.7B Sale: Report
Two global financial giants, BNY Mellon and Credit Suisse, were reportedly involved in Telegram’s $1.7 billion Gram (GRAM) token sale in 2018.Telegram allegedly informed its investors that it was using BNY Mellon and Credit Suisse to move and store fiat currency raised in the GRAM sale, industry publication Coindesk reports, citing court filings released on…

Bitcoin whale clusters pinpoint 3 key levels for BTC price rally to continue
According to Whalemap, there are three major Bitcoin (BTC) whale clusters in the near term that might serve as key technical levels. The $11,857, $12,256 and $12,868 levels would likely act as important support and resistance areas.In previous cycles, whale activity coincided with significant price movements at crucial technical levels. For instance, Cointelegraph reported that…