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The U.S. Treasury Department imposed sanctions on six individuals and two companies it says helped North Korea convert $800 million in 2024 into crypto to launder the money and fund its weapons of mass destruction (WMD) programs.The Treasury’s Office of Foreign Assets Control (OFAC) said Thursday that the operation placed IT workers into foreign companies and channeled their earnings back to Pyongyang. The network operated across multiple countries including Vietnam, Laos and Spain, according to the Treasury.The Democratic People’s Republic of Korea (DPRK) has for years targeted cryptocurrency protocols and networks to steal and launder funds. Last year, hackers linked…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is holding a commanding lead over Bitcoin in an interesting adoption indicator, even as its price action continues to face pressure around $2,000 to $2,100. New on-chain data shows that ETH’s network user base has expanded massively over the past decade. As it stands, Ethereum now has more than three times as many wallets with balances as Bitcoin, showing that the market might actually be underpricing the world’s second-largest cryptocurrency. Ethereum’s Holder Base Goes Parabolic On-chain analytics platform Santiment recently highlighted an interesting trend across the…
Circle’s (CRCL) USDC has overtaken Tether’s USDT in transaction volumes for the first time since 2019, prompting Japanese investment bank Mizuho to raise its price target for the stablecoin issuer to $120 from $100, while reiterating its neutral rating on the stock.The shares rose 1% in early trading to $115.40 and are up roughly 95% from their February lows.Analysts Dan Dolev and Alexander Jenkins increased their Circle estimates, citing “USDC activity trends and use cases like Polymarket or agentic commerce expectations.”Stablecoins, digital tokens backed by reserves such as fiat currency or gold, serve as key payment and settlement rails in…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s price is holding firm above the $70,000 level despite a bearish market performance, as many cryptocurrency assets experience sideways action. While it seems that the market is being heavily controlled by sellers, bulls are starting to resurface and are leaning toward the long side. A Bitcoin Bullish Bias Toward Long Positions With the shifting mood across the cryptocurrency market, the price of Bitcoin appears to be slowly stabilizing. As the market structure surrounding Bitcoin continues to evolve, traders are gaining a clearer understanding of the locations…
The XRP Ledger has never been busier, but traders are yet to catch up.Daily successful payments on XRPL recently hit a 12 month high of over 2.7 million, up from roughly 1 million in late 2025, according to XRPSCAN data. The network is processing between 2 and 2.8 million transactions per day at 20 to 26 transactions per second.Automated market maker pools have exploded to nearly 27,000 active pools supporting more than 16,000 unique tokens. Tokenized real-world asset value on the ledger climbed to $461 million, up 35% in the past 30 days, per RWA.xyz. Stablecoin transfer volume over the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto analyst has released a detailed breakdown of his Bitcoin (BTC) game plan, covering multiple price scenarios as market conditions continue to shift and appear to be entering critical stages. His update also presents a comprehensive outlook for the months ahead, including adjustments to his positions below $100,000 as he heads into Q2 2026. Analyst Reveals Bitcoin Strategy For Upcoming Months Crypto market expert ChainHub has shared his updated Bitcoin strategy, outlining his approach for the next phase of the cryptocurrency’s price action. In his post…
Billionaire investor Stanley Druckenmiller said stablecoins could underpin global payment systems within the next decade or two while reiterating his long-standing skepticism toward much of the broader cryptocurrency market.“I assume our whole payment systems will be stablecoins in 10 or 15 years,” he said in an interview Morgan Stanley posted on Thursday. The fiat-pegged tokens are “efficient, quicker and cheaper” than traditional payment infrastructure, he said. “Blockchain and the use of stablecoins are incredibly useful in terms of productivity.”Stablecoins such as Tether’s USDT and Circle Internet’s (CRCL) USDC are cryptocurrencies designed to maintain a fixed value, often pegged to a…
The Ethereum Foundation (EF) released a sweeping new document outlining its philosophy, priorities and long-term role in stewarding the world’s second-largest blockchain network.The 38-page “EF Mandate,” published Friday, frames the blockchain, whose ether (ETH) token is beaten only by bitcoin BTC$70,818.60 in market capitalization, as a technology designed to protect individual freedom in an increasingly centralized digital world and lays out the principles the nonprofit says must guide its development.The document comes at a time of transition for the organization, following recent shifts in Ethereum’s technical roadmap and the resignation earlier this year of one of the foundation’s co-executive directors.”The…
A crypto analyst is calling for a $40,000 Bitcoin price surge within 60 days, and the macro environment may be building the case for exactly that. Bitcoin is still pushing around $70,000, and many traders are watching closely after weeks of volatility across global markets. Bitcoin Will Have Its Turn Very Soon One market participant known as ₿ariksis suggested that the Bitcoin price could surge from $70,000 to $110,000 within the next 60 days if the current macro and technical conditions are set up well. Related Reading The prediction from ₿ariksis is built on rotation across major assets. Gold, silver,…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple’s dollar-pegged stablecoin RLUSD is seeing a period of supply reductions, with millions of tokens permanently removed from circulation in a series of burn transactions tied to Ripple’s treasury activity. Blockchain trackers monitoring RLUSD activity show that multiple large burns have taken place recently, eliminating tens of millions of tokens from supply. The most recent burn alone accounted for 25 million tokens in one move, but that figure only tells part of the story. Latest Burn Eliminates 25 Million RLUSD The most recent transaction flagged by the Ripple…