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FDUSD Stablecoin De-Pegs as Concerns Mount Over Reserve Assets
Hong Kong-based First Digital's stablecoin FDUSD has significantly deviated from its $1 peg, dropping as low as $0.87 against USDT.The price instability follows allegations...
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Bitfarms Secures $300M Loan for Data Center Expansion Project
Bitfarms secures a $300 million loan from Macquarie Group to develop high-performance computing data centers, with $50 million initially allocated for the Panther Creek...
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Lawmakers Urge HUD to Suspend Plans for Cryptocurrency in Housing Aid
Democratic lawmakers are urging HUD to halt any cryptocurrency and blockchain initiatives due to concerns about volatility and fraud risks.
Representatives Waters, Lynch,...
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Binance Token Listings Plunge: 94% in Red with Losses up to 97%
Over 94% of Binance token listings from 2024 and 2025 have declined in value, with losses ranging from 17% to 97%.Of the 27 tokens...
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Nintendo Switch 2 Launches June 5, Mario Kart World Bundle at $500
Nintendo's Switch 2 console launches June 5, 2024 at $450, or $500 bundled with Mario Kart World.The new system features a 7.9-inch LCD display,...
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Bitcoin Braces for ‘Atomic Bomb’ as Trump’s Liberation Day Looms
Bitcoin Price has fallen to around $85,000, down from its peak of nearly $110,000, as markets anticipate Trump's upcoming tariff announcements.Analysts warn that Trump's...
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CoinDesk 20 Index Dips 1% as AAVE Leads Decline with 5.3% Drop
The CoinDesk 20 Index dropped 1.0% to 2547.72 since Wednesday afternoon.Only two assets (Sui and ADA) showed positive movement among the tracked cryptocurrencies.AAVE and...
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Avalanche Stablecoin Supply Surges 70% as AVAX Price Drops 60%
Avalanche's stablecoin supply increased by over 70% in the past year, growing from $1.5 billion to more than $2.5 billion.Despite this liquidity growth, AVAX...
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Bernstein: Bitcoin Looks Boring Amid AI Stock Frenzy, Still Eyes $150K
Retail investors are shifting capital to AI stocks, making Bitcoin appear "boring" by comparison.Bernstein analysts argue this signals a...
Strategy Doubles Dividend Frequency After Shareholder Vote
Strategy shareholders approved shifting its high-yield STRC dividend from monthly to semi-monthly payments.The annualized 11.50% yield remains unchanged, but...
Bitcoin Holds $60K Support as Macro Headwinds Mount
Bitcoin is testing the crucial $60,000 support level as Wall Street trading resumes.Analysts are divided between a prolonged consolidation...
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