Tether Rebukes JPMorgan Analysts for Suggesting Bitcoin Sale
Tether, the issuer of the USDT stablecoin, has fired back at JPMorgan analysts who suggested it may need to offload Bitcoin to comply with potential US stablecoin regulations. On Feb. 12, a JPMorgan research team led by strategist Nikolaos Panigirtzoglou released a report indicating that newly proposed US stablecoin legislation could pressure Tether into selling […]
Mastercard Tokenized 30% of Transactions in 2024
Global payments leader Mastercard announced that it successfully tokenized 30% of its transactions in 2024 while also recognizing the growing influence of stablecoins and cryptocurrencies in the financial sector. In a filing with the US Securities and Exchange Commission, Mastercard highlighted its progress in “advancing the payments ecosystem.” Key initiatives included transaction tokenization, developing blockchain-powered […]
Bitcoin bull run comeback? Whale Inflows to Exchanges Hit 5-Year High
Bitcoin is hinting at a renewed bull run as whale activity on exchanges stabilizes this month. According to on-chain data from CryptoQuant, large-scale Bitcoin transactions into exchanges are showing signs of forming a lower high in February, suggesting a potential shift in market dynamics. Whales Signal the Next Bullish Phase Historically, Bitcoin’s market cycles peak […]
