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 price 2-month highs on ‘soft landing’ may precede sub-$60K dip
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Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.

IBM targets sustainable fashion with latest blockchain partnership
IBM has emerged as one of the largest blockchain consulting firms in the world. Its next target: Sustainable fashion. 1221 Total views 11 Total shares IBM’s foray into the blockchain ecosystem is deepening with a new partnership to track supply chains in the textile and fashion industries. The Armonk-based tech giant announced Monday that it’s teaming…

Big Crypto Hacks: Bad Crypto News of the Week
It has been all over the news about the great Twitter Bitcoin hack of 2020. We’ve got you covered if you haven’t been paying attention to #CryptoTwitter this week.After a period of calm in the cryptomarkets, last week showed some movement. Unfortunately, it went in the wrong direction. Bitcoin was down about 3 percent over…

NFT gas usage drops, Ordinals nonprofit launches: Nifty Newsletter
An NFT trader who noticed a bot was copying his trades tricked the bot out of 800 ETH, worth around $1.5 million. 177 Total views 3 Total shares In this week’s newsletter, read about how the team behind Bitcoin Ordinals plans to drive the development of nonfungible tokens (NFTs) on Bitcoin and find out why…

Bitcoin poised for breakout as US money market funds reach $6.2T
Bitcoin could be on track for a September breakout to new record highs, but it faces significant resistance around $65,000.

IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve
The International Blockchain Monetary Reserve (IBMR) announced it has raised $3.48 million as an investment seed into ARCC Currency Reserve. The reserve is a basket of cryptocurrencies that includes Algorand (ALGO), Bitcoin (BTC), and Binance Coin (BNB) as well as 700,000 U.S. dollars in seed investments for United States-based tech startup companies. These assets back the…

Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms
In the ever-evolving world of cryptocurrencies and blockchain technology, the race to establish a highly scalable, user-friendly network capable of being adopted on a global scale is a never-ending marathon where new competitors regularly join in on the race. Bitcoin is undoubtedly the market leader when it comes to network security, active users and market capitalization…