Crypto News

Onchain data reveals yet another deep-sleeping 2011 whale has awakened this month, shifting 3,963 BTC—now worth $470 million—for the first time in more than 14 years. Whale From the Deep: $470M in BTC Emerges After 14 Years Dormant A legacy Pay-to-Public-Key-Hash (P2PKH) address known as “15MZvK” moved the entire 3,963 BTC haul after sitting idleSource link

Bank of America (BAC) says the GENIUS Act, signed into law last Friday by President Donald Trump, marks a turning point for U.S. stablecoin regulation, laying the groundwork for infrastructure development and tokenized finance growth.Supply of stablecoins, crypto tokens whose value is pegged to real world assets such as fiat currencies or gold, will grow a "relatively modest" $25 billion-$75 billion in the near term, driven by product rollouts, infrastructure investment and competition from tokenized deposits and money market funds, the bank said in a report last week. The total market cap for stablecoins is currently about $270 billion, according to CoinMarketCap data.Over the next 2–3 years, the bank's analysts foresee stablecoin consolidation and broader adoption of these cryptocurrencies and...

ADA price trades at $0.80 following a -3.12% decline, but technical indicators suggest underlying bullish momentum as Cardano maintains key support levels. (Read More)Source link

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3950.66, down 0.3% (-13.48) since 4 p.m. ET on Wednesday.Six of 20 assets are trading higher.Leaders: BCH (+1.8%) and ETH (+1.1%).Laggards: APT (-5.3%) and DOT (-3.9%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

BTC price trades at $118,468 (+0.44%) with strong institutional momentum following major regulatory wins and Standard Chartered's Bitcoin trading launch. (Read More)Source link