A BIS working paper found a 1 basis point rise in U.S. bank deposit rates predicted slower stablecoin growth, cutting ten-week growth from 15% to 12%.
Crypto
For 25 years, one suspicion haunted the mathematics protecting much of the internet: had the NSA secretly built a way to crack it? Now, an AI model may have weakened that theory. And Bitcoin’s creator is suddenly part of the argument. On F…
Crypto
TL;DR: US spot Bitcoin ETFs recorded approximately $82.4 million in net outflows on October 16. BlackRock’s IBIT accounted for $71.8 million of withdrawals, with Fidelity’s FBTC recording about $10.6 million. BlackRock’s flagship spot Bitc…
Crypto
TL;DR: Solana’s Accelerate event in Shanghai was abruptly postponed after organisers said registrations exceeded permitted capacity. The disruption came against the backdrop of China’s restrictive policies toward commercial cryptocurrency …
Crypto
Two of the world's largest traditional financial institutions are stepping deeper into crypto, but from opposite ends of the market.