Crypto
AI Summary
- Tether-backed Oobit is expanding its services by enabling crypto-to-bank transfers through local payment networks, signaling a move towards greater integration with traditional financial systems.
- Bitcoin faced significant downward pressure, with traders experiencing 'excess loss-realization' and market analysis suggesting a potential dip below $44K, while some executives are pushing back against claims that Bitcoin scarcity is dead.
- Binance is increasing its focus on Real World Assets (RWAs) by adding tokenized stocks, exemplified by its partnership with Ondo Finance, and Coinbase is expanding its offerings to include stock and ETF trading beyond crypto.
- The Ethereum Foundation has begun staking a significant amount of ETH, around 70,000 ETH, to fund future development amid ongoing concerns about client diversity, while Vitalik Buterin has continued to sell ETH.
- Stablecoins are showing signs of stagnation and are being impacted by potential tariffs, which analysts suggest could act as a headwind for Bitcoin prices, while other reports indicate stablecoin reserves have seen a notable decline since November.
Sources
Cointelegraph
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Tether-backed Oobit adds crypto-to-bank transfers for local payment networks
an hour ago
by Cointelegraph by Ezra Reguerra
Latest NewsThe Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails.
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Here’s what happened in crypto today
an hour ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, Bitcoin, Latest NewsNeed 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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Bitcoin traders 'excess loss-realization' may push BTC price below $44K
an hour ago
by Cointelegraph by Yashu Gola
Market AnalysisBitcoin price dropped 25% in 2022 and 50% in 2018 after similar on-chain loss signals, a warning sign for BTC’s next move.
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Smarter Web adds $30M Coinbase credit line to speed Bitcoin buys after fundraises
an hour ago
by Cointelegraph by Ezra Reguerra
Latest NewsThe UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets.
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Binance adds Ondo’s tokenized stocks in latest RWA push
2 hours ago
by Cointelegraph by Helen Partz
Latest NewsBinance listed 10 of Ondo's tokenized stocks, ETFs and commodities on Binance Alpha with UAE regulatory approval, expanding crypto access to real-world assets.
CoinDesk
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Wall Street’s big blockchain win: SEC gives WisdomTree the green light for instant, around-the-clock trading
an hour ago
by Helene Braun
Finance, Tokenization, WisdomTree, Tokenized Securities, NewsThe move adds momentum to the $10 billion large tokenized Treasury market led by BlackRock, Circle and others.
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Bitcoin’s U.S. demand signal turns negative for a record 40 days
an hour ago
by Shaurya Malwa
Markets, Bitcoin News, Bitcoin trend indicator, NewsThe indicator last printed positive on Jan. 15. Its failure to fully recover after a Feb. 5 rebound suggests U.S. demand remains structurally absent rather than temporarily paused.
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Mark Zuckerberg's Meta is planning stablecoin comeback in the second half of this year
an hour ago
by Ian Allison
Finance, Meta, Exclusive, Mark Zuckerberg, Breaking News, NewsThe Facebook owner’s stablecoin integration involves planning a third party vendor to help administer stablecoin-based payments and a new wallet to be implemented, sources said.
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Binance brings back tokenized stocks trading with Ondo Finance deal
2 hours ago
by Krisztian Sandor
Finance, Tokenized Assets, Ondo, Binance, Abu Dhabi, NewsThe world’s largest crypto exchange has listed a batch of tokenized U.S. equities issued by Ondo Finance on its Binance Alpha platform, reviving stock trading push.
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CoinDesk 20 performance update: index falls 2% as nearly all constituents decline
2 hours ago
by CoinDesk Indices
CoinDesk Indices, CoinDesk 20, charts, Prices, NewsInternet Computer (ICP), up 1.2%, was the only gainer from Monday.
Decrypt
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Solana DeFi Project Step Finance to Wind Down Weeks After $29M Hack
2 hours ago
by Callan Quinn
DeFiThe Solana projects made the "difficult decision" to cease operations after January's treasury breach and subsequent failed rescue efforts.
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Morning Minute: Ethereum's Next Upgrade Features Censorship Resistance
2 hours ago
by Tyler Warner
OpinionEthereum is going back to its cypherpunk ethos with FOCIL—but it could create compliance issues down the line.
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Bitcoin's Path to Recovery 'Unclear' Amid Macro Headwinds
3 hours ago
by Akash Girimath
MarketsBitcoin has flashed rare bottom signals, but macro headwinds are keeping a sustained recovery at bay, analysts told Decrypt.
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Arizona Senate Advances Bill to Create Digital Assets Reserve Fund
6 hours ago
by Vismaya V
digibyte, BusinessThe bill would allow Arizona to hold Bitcoin, XRP, Digibyte, stablecoins, and NFTs in a state-managed crypto reserve.
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Fed Moves to Permanently Drop ‘Reputational Risk’ From Bank Supervision
11 hours ago
by Vismaya V
Law and OrderSupporters say clearer rules are needed to replace informal supervisory pressure, as lawmakers and industry push Congress to settle crypto banking access.
AMBCrypto
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Michael Saylor’s ‘Orange Century’ meets skepticism: ‘Leaves much to be desired’
an hour ago
by Ishika Kumari
Altcoin, Bitcoin, BTC Trading View, Ethereum, News, News 1, Social, Trading View, ambcryptoWhat looked bold in bull markets now feels dangerous in prolonged downturns.
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Stablecore teams up with Jack Henry: 1,600 banks eye stablecoins
2 hours ago
by Ritika Gupta
News, News 1, Social, Stablecoins, Trading View, ambcryptoStablecoins ready for mainstream as Stablecore's integration sparks adoption wave.
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Two cryptocurrencies leading interest during the current accumulation phase
2 hours ago
by AMBCrypto Team
Google News, HideCryptopanic, Press ReleaseThe market isn’t in full rally mode, but it’s far from dead. Prices have tightened […]
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WLFI’s $0.106 under siege: Should traders brace for more losses?
3 hours ago
by Akashnath S
Altcoin, Analysis, HideCryptopanic, News, News 1, No Homepage, Social, Trading View, ambcryptoThe Congressional investigation and forced market-wide selling in the first week of February saw WLFI drop below a three-month range.
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Stablecoin reserves slip to 2024 levels: What it means for you
4 hours ago
by Gladys Makena
News, News 1, Social, Stablecoins, Trading View, ambcryptoStablecoin exchange reserves drop to 2024 levels amid reduced global liquidity.