A new weekly “On Chain” report from Bank of America is shining a spotlight on Ethereum. According to the report, the network is set to draw steady interest from stablecoin investors as lawmakers in Washington take up crypto bills in Congress. Ethereum’s role as the home for over 50% of all dollar‑pegged coins has caught…
View More Ethereum Shines Bright As Bank Of America Begins Digital Asset Tracking
Based on reports, stablecoin issuance has kept climbing for the past 90 days, with billions of dollars flowing in each week. Investors appear to be waiting for a clear sign before moving capital. Right now, USDT holds over 66% of that market, while USDC and DAI share the rest. In total, stablecoins account for about…
View More Stablecoins Approach $250 Billion, Anchoring 8% Of Global Crypto
On-chain data shows the exchange inflows related to the stablecoins USDT and USDC have seen a sharp plunge. Here’s what this could mean for Bitcoin and other cryptocurrencies. Stablecoin Exchange Inflows Have Dropped Below Yearly Average In a new stablecoins in the sector, USDT and USDC. The “Exchange Inflow” refers to an on-chain indicator that…
View More Stablecoin Exchange Inflows Plummet $61 Billion—Warning Sign For Bitcoin?
US Treasury Secretary Scott Bessent told lawmakers that dollar-pegged stablecoins could swell to more than $2 trillion in the next few years. He spoke at a Senate hearing this week. His outlook came as Congress moved to set new rules on how these tokens must be backed. Growth Forecast Details According to Bloomberg, Bessent said…
View More Stablecoins To Hit $2 Trillion? US Treasury Hints At Explosive Growth
Chainlink is set to play a major role as Hong Kong’s central bank takes a big step in its digital currency tests. Phase two of the e-HKD pilot will try moving tokenized Hong Kong dollars across borders. The plan is to swap e-HKD for A$DC, an Australian dollar stablecoin. This could cut settlement times from…
View More Chainlink Cross-Border Play Expands To Hong Kong–Australia Money Movement
Two big holders of the TRUMP token sold 765,128 of them for $8.58 million on Saturday morning in a sharp move, netting a loss of $2.34 million. The hasty sale took place May 4, 2025, and caused the price to sharply drop. The price tag of TRUMP declined by over 10% in a matter of…
View More TRUMP Token Bloodbath: Whales Lose Big In $8.58 Million Sell-Off
On-chain data shows the stablecoins have seen a spike in Active Addresses recently, something that may turn out to be bullish for Bitcoin. Stablecoins Active Addresses & Volume Have Jumped In a new post on X, the market intelligence platform IntoTheBlock has talked about the latest trend in the Active Addresses for the various stablecoins…
View More Stablecoin Activity Shoots Up: Investors Looking To Buy Bitcoin?
The crypto market spent most of March on a steady downtrend. Cryptocurrency prices across the board struggled on a downfall as investor caution and a lack of momentum suppressed the bullish narrative that dominated January and early February. With April just beginning, attention has turned to what lies ahead. Technical indicators are pointing to both…
View More Cardano Founder Reveals What Will Onboard 3 Billion New Users Into Crypto
According to recent reports, President Donald Trump’s crypto venture, the decentralized finance (DeFi) platform World Liberty Financial (WLFI), has unveiled a new stablecoin called USD1. This token, pegged to the US dollar, is now live on the Ethereum (ETH) and Binance blockchains, although the launch was not officially announced by the company on Monday March…
View More World Liberty Financial Unveils USD1: A New Stablecoin In Trump’s Growing Crypto Portfolio
An analytics firm has explained how the data related to the stablecoins could hint at whether the Bitcoin market top is in or not. Stablecoins Have Seen Their Market Cap Touch New Highs Recently In a new Stablecoins” refer to cryptocurrencies that are pegged to a fiat currency (with USD being the most popular choice).…
View More Is Bitcoin Peak In? This Data Suggests Otherwise, Analytics Firm Says