“Wall Street is coming for bitcoin.” That phrase used to spark both hope and fear across crypto circles. Today, it’s no longer a future threat or a bullish promise—it’s just reality. The original premise of bitcoin (or crypto in general)—an asset that is censorship-resistant and doesn’t answer to any traditional financial institution or government—is fading […]
Ethereum Touted as ‘Foundational Layer for Global Finance’ by Firm With $500M ETH Bet
At the time of writing, Ether (ETH) is trading at around $2,505, up 0.56% in the past 24-hours, according to CoinDesk Research’s technical analysis model. As for the broader crypto market as gauged by the CoinDesk 20 Index (CD20), it is up 0.34% during the same period. SharpLink Gaming, Inc. (SBET) is a pioneering online […]
Crypto, Cash, and Condos: Singapore Ends $2.2B Laundering Case With Fines
Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging from luxury real estate to cryptocurrency. The Monetary Authority of Singapore (MAS) announced that Credit Suisse’s local unit, now part of UBS, faced the biggest […]
Ex-ECB Official Urges Europe to Back Euro Stablecoins or Risk Losing Financial Power
Stablecoins are growing fast. Most of the $255 billion sector is currently concentrated in U.S. dollar-backed tokens, which account for $241 billion of that total, according to RWA.xyz data. Former European Central Bank board member and chair of Société Générale, Lorenzo Bini Smaghi, has said that the imbalance could sideline Europe in the next phase […]
Dogecoin Holds 16 Cent Support as Bulls Defend Multi-Week Floor
Dogecoin stabilized Saturday after a steep intraday decline, bouncing off a low of 16.1 cents and closing near 16.3 cents. The 5% drop came amid broader market volatility driven by macroeconomic concerns and shifting investor sentiment. Despite the downturn, DOGE showed signs of strength, with volume at support levels well above average, suggesting possible accumulation […]
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