Crypto News
Bitcoin Dominance Breaks 65% Barrier as Price Holds Firm at $94K
The cryptocurrency has been gradually gaining market share over altcoins with bitcoin dominance now at its highest level in more than four years. BTC Price Steady at $94K but Market Dominance Climbs Over 65% Bitcoin ( BTC) now accounts for more than 65% of the entire $2.93 trillion crypto market, the highest level of bitcoinSource link
New Hampshire Becomes First State to Approve Crypto Reserve Law
New Hampshire has become the first state to allow the investment of its public funds into crypto assets with its governor signing the new law on Tuesday.The state beat a number of others to the punch this year as what had started as a surge in state lawmaker momentum had run into roadblocks over recent weeks. As the first to authorize its treasurer to set up such a reserve, New Hampshire could very well beat the U.S. government in forming a stockpile, too."New Hampshire is once again first in the Nation," New Hampshire Governor Kelly Ayotte, a Republican who's in her first year in office, posted on social media site X.The New Hampshire bill allows the investment of up to...
21Shares Debuts Cronos ETP in US Amid Altcoin Fund Frenzy
The Switzerland-based issuer is offering a fund tracking the price of Cronos to US investors. Source link
DeFi Development Corp. Expands Solana Treasury to 400,091 Tokens
DeFi Development Corp. purchased $11.2 million worth of Solana ( SOL) tokens on May 6, 2025, increasing its total holdings to 400,091 SOL, valued at approximately $58.5 million. DeFi Development Corp. Bolsters Treasury with 82,404 Additional Solana Tokens The Boca Raton-based company acquired roughly 82,404.50 SOL tokens, according to a regulatory filing. Its total holdings,Source link
Stabledollars: The Third Act of Dollar Reinvention
Eight decades of dollar history can be read as a three-act play.Act I was the Eurodollar—off-shore bank deposits that sprang up in 1950s London so the Soviet bloc, European exporters, and eventually every multinational could hold dollars outside U.S. regulation, spawning a multi-trillion-dollar shadow banking base.Act II was the Petrodollar. After 1974, OPEC’s decision to price crude in dollars hard-wired global energy demand to U.S. currency and gave Washington an automatic bid for its Treasury bills.John deVadoss will appear in the “IEEE x Consensus Research Symposium: What's next in Agentic AI?” at Consensus 2025 on May 16 at 11:00am-12:30pm.Act III is unfolding now. USD-backed Stabledollars (a.k.a. stablecoins)—on-chain tokens fully collateralized by T-bills and cash—have leapt past $230 billion in circulating...