Crypto News
Money Printing — China’s Economic Defense Against Trump Tariffs May Drive Bitcoin Prices Higher
China is significantly increasing its money supply, marking its first major monetary easing in 14 years, a strategic move primarily driven by domestic economic pressures and looming U.S. trade tensions under President Donald Trump’s administration. China’s Monetary Policy Shifts in Face of Trump Tariff Storm In December 2024, China’s Politburo announced a shift to aSource link
Solana DeFi Tokens Undervalued Compared to Ethereum’s, Says Franklin Templeton
Solana's bustling decentralized finance (DeFi) scene is growing faster than Ethereum's, and making more money too. And yet, Franklin Templeton pointed out in a Tuesday report, its tokens are worth less."Solana DeFi valuation multiples trade on average lower than their Ethereum counterparts despite significantly higher growth profiles, highlighting an apparent valuation asymmetry," the report said.Franklin Templeton compared tokens of five leading ETH projects (LDO, AAVE, ENA, MKR and UNI) to those of five of Solana's strongest protocols (JTO, JUP, KMNO, MNDE and RAY). The Solana projects saw 2,400% median growth in fees year over year, and a median multiple of 9x, whereas the Ethereum projects were up only 150%, and a multiple of 18x.The trends come after a year...
Blockstream Secures Multi-Billion Investment for Bitcoin Lending Funds
Blockstream has secured a multi-billion-dollar investment to launch bitcoin-backed lending funds for institutional investors, allowing institutions to borrow against BTC collateral. Blockstream to Launch BTC-Backed Funds Bitcoin infrastructure provider Blockstream has secured billions in investment to roll out three institutional bitcoin-backed funds. The new investment will fuel the launch of the Blockstream Income Fund andSource link
US Sanctions Iranian Operator of Nemesis Darknet Marketplace
“Nemesis also facilitated the sale of false identification documents and hacking tools," an expert told Decrypt.Source link
Tether, Circle Vie for Upper Hand in Stablecoin Industry Regulatory Push
Recently stepped down as Tether's longtime CFO and now its chairman, Giancarlo Devasini keeps a low profile in the modest Swiss town of Lugano, according to the article by Angus Berwick.Circle founder Jeremy Allaire, meanwhile, is comfortable rubbing shoulders with politicians and Wall Street executives, Berwick continued.The conflict is as much about ideology as it is about business, writes Berwick. Tether embraces crypto’s freewheeling ethos, while Circle is pushing for mainstream acceptance through regulation. “Circle will not win if Tether is alive,” Devasini reportedly said months ago.The outcome of this battle will shape the future of stablecoins. If regulators succeed in sidelining Tether, Circle’s USDC could gain market share and bring stablecoins further into the traditional financial system.If Tether survives,...