Crypto Long & Short: Inside the 300-to-1 onchain gap between the dollar and euro
Ryan Connor of RockawayX writes that the dollar leads the euro about 3 to 1 across the offchain economy and more than 300 to 1 onchain. Europegged stablecoins…
Bitcoin recovers toward $79,000 as Zcash records a $500 million ETF haul
Bitcoin fell to nearly $77,600 on Tuesday before clawing most of it back, leaving it little changed on the day while zcash gained roughly 43% on the week and…
Stablecoin wallets challenge traditional bank accounts as main consumer money hub
Industry leaders debate whether digital dollar wallets will dismantle traditional bank accounts or simply modernize the underlying infrastructure.…
Standard Chartered brings spot crypto trading to Dubai FX platform
The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars…
The yen is surging and it’s helping bitcoin, for now
Yen's rise has led to a broadbased USD weakness, driving the Dollar Index lower. BTC and gold are loving it, for now. Source:CoinDesk
Bitcoin recovers toward $78,000 as pons and arbitrum extend Robinhood Chain rally
BTC rose 0.76% since midnight as a softer dollar lifted equities and metals alongside crypto, while ARB and PONS pushed higher for a third session.…
Bitcoin withstands $90 oil and rising yields while gold slides. A firm dollar is the catch
BTC trades choppy as $90 oil and rising bond yields weigh on stocks and gold. Source:CoinDesk
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source:CoinDesk
Mystery surrounds why an OG burned $1M in Bitcoin
The million dollar question is what prompted a Bitcoin OG to send 20 BTC to a custodian, retrieve it back, and then deliberately burn it? Source:Cointelegraph
Zcash jumps 48% to over $800 as Grayscale spot ETF push adds to ‘next bitcoin’ buzz
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust…
Solana lending giant Jupiter now lets the same dollar earn twice
The new Lend v2 product turns deposits and borrowed assets into trading liquidity, tying higher returns to whether Jupiter’s router can send enough swap flow…
Strategy turns 1,690 BTC into $108.6M STRC buyback
Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.…