The stablecoin sector is entering a period of accelerated adoption comparable to the early growth of generative artificial intelligence (AI) tools like ChatGPT and could hit a market cap of over $1.6 trillion by 2030. According to a new report published on April 24 by Citi Group’s Global Perspectives & Solutions unit, stablecoins are now…
A Bitcoin whale who mined 50 BTC nearly 15 years ago finally moved the coins, potentially collecting massive gains if sold. A Bitcoin whale who mined 50 BTC nearly 15 years ago finally moved the coins, potentially collecting massive gains if sold. , Coins Decrypt
The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity. Now, all three agencies — including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — have joined…
The U.S. central bank will now treat crypto like any other banking service, instead of approaching the industry with particular caution. The U.S. central bank will now treat crypto like any other banking service, instead of approaching the industry with particular caution. Law and Order Decrypt
Bitcoin (BTC) options open interest expanded from $30.33 billion on April 21 to $37.92 billion on April 24, a 25% jump that outpaced Bitcoin’s 5.5% rise from $87,506 to $92,352 over the same stretch. Such a swift build in notional exposure shows traders rushing to add convex positions rather than thickening linear futures books. This…
The SEC has delayed a decision on rules changes for ETFs based on Hedera and Polkadot, plus a fund based on Ethereum and Bitcoin. The SEC has delayed a decision on rules changes for ETFs based on Hedera and Polkadot, plus a fund based on Ethereum and Bitcoin. , Markets Decrypt
Billion-dollar asset manager ARK Invest has raised its “bull case” Bitcoin price target from $1.5 million to $2.4 million by the end of 2030, driven largely by institutional investors and Bitcoin’s increasing acceptance as “digital gold.” ARK’s “bear” and “base” case scenarios for the price of Bitcoin (BTC) were also bumped up to $500,000 and…
Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup. “2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector, driven by regulatory change,” a team of Citigroup financial analysts said in an April 23…
An X post went viral, showing a message by ChatGPT in weird symbols predicting how humans would live their lives in the future. Was it fake? An X post went viral, showing a message by ChatGPT in weird symbols predicting how humans would live their lives in the future. Was it fake? Artificial Intelligence Decrypt
Ethereum core developers are considering a four times increase in the layer 1 gas limit as one of the key features for the next hard fork after Pectra, known as Fusaka. The devs are proposing to test a raise in Ethereum’s gas limit to 150 million by the Fusaka hard fork, according to Ethereum Improvement…