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Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices.
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Latest News on Business
When we talk about the role of Bitcoin (BTC) or blockchain in business, we are talking about either business ventures building blockchain/cryptocurrency systems, products or infrastructure; or the integration and adoption of cryptocurrency in existing enterprises as a supported payment method.
Bitcoin and cryptocurrency businesses face incredible challenges on two fronts: regulation and adoption.
Over the years, many high-profile crypto businesses such as some of the leading exchanges have had to move operations across the country or to other countries entirely to avoid severely inhibiting regulatory constraints in certain jurisdictions.
At the same time, mainstream adoption by individuals and established businesses is a very steep uphill battle for entrepreneurs as they attempt to make crypto more accessible and compelling to enterprises and laypeople alike.
Stay tuned as we chronicle blockchain and cryptocurrency’s shifting role in the world of business.
- News
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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CBDCs threaten more central bank control over money, including potential expiry dates on personal savings, Bitcoin Policy UK’s CEO said.
1571 - Investigation
Draining volume has dropped from 2024, but a new scam service tool called Vanilla has been turning investigators’ heads with $5 million stolen in three weeks.
735 - How to
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions.
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Michael Saylor’s Strategy announced a $356.9 million Bitcoin purchase last week, bringing total BTC buys in August to just 3,666 BTC.
3667 - News
Japan’s Finance Minister Katsunobu Kato said crypto deserves a spot in portfolios, while pledging to build a sound trading environment for the sector.
2374 - News
The heir to the Thomson Reuters fortune is suing her former best friend after a psychic’s recommendation led to massive crypto bets costing millions.
2344 - News
The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.
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The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”
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US President Donald Trump’s son, Eric Trump, said his family’s conglomerate was “debanked” after the 2021 Capitol attack incident.
3366 - News
SBI Group and Chainlink will offer a host of blockchain-based tools aimed at financial institutions, starting in Japan and then the Asia-Pacific under a new partnership.
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The community for the cross-blockchain platform Stargate has greenlit LayerZero’s $110 million acquisition, despite interest from three rivals.
2629 - News
The inclusion of Metaplanet in these stock indexes will funnel passive capital flows into the Bitcoin market, supporting BTC floor prices.
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Strategy continues accumulating Bitcoin for its corporate treasury despite a fall in share prices from the peak reached in November 2024.
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