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Stablecoins Boost Treasury Bill Demand, Reflect Dollar Dominance, Citi Says

Stablecoins are playing an increasingly important role in both crypto markets and traditional finance, according to a Friday report by Wall Street giant...
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Coindesk

Ethereum Upgrades Have Failed to Boost Network Activity in Meaningful Way: JPMorgan

The Ethereum blockchain has yet to see a significant increase in activity despite successive upgrades, investment bank JPMorgan (JPM) said in a research...
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Coindesk

Spot Bitcoin (BTC) ETFs Snapped 10-Day Inflow Streak With $358M in Net Outflows: JPMorgan

U.S.-listed spot bitcoin exchange-traded funds (ETFs) recorded their first day of net outflows in 10 trading sessions on Thursday, according to a...
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Coindesk

StanChart Expects SOL to Hit $275 by Year-End and $500 by End of 2029

Solana is expected to underperform ether over the next two to three years, investment bank Standard Chartered (STAN) said in a...
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Coindesk

Approval of the U.S. Stablecoin Bill Could Trigger a Long-Term Crypto Bull Market: Bitwise

Progress on the stablecoin bill in the U.S. could lead to a multi-year crypto bull market, asset manager Bitwise said in a report...
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Coindesk

Strategy (MSTR) 13F Holdings Suggest Broadening Structural Demand For BTC: Standard Chartered

Government entities increased their holdings of Strategy (MSTR), a bitcoin proxy, in the first quarter according to new data from the U.S....
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Coindesk

Bitcoin Network Hashrate Rose Slightly in First Two Weeks of May: JPMorgan

The Bitcoin network hashrate rose 2% in the first two weeks of May to an average of 885 exahashes per second (EH/s), Wall...
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Coindesk

S&P 500 Inclusion Could Lead to Massive Buying Pressure

Crypto exchange Coinbase (COIN) is soaring 16% early Tuesday after the Monday evening announcement of its inclusion into the S&P 500.COIN will be...
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