South African Central Bank Chief Criticizes Crypto Lobbying Efforts, Warns of Regulatory Capture

Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on Bitcoin The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has slammed crypto lobbyists calling on … Read more

Stablecoin Market Cap Hits Historic High of $213 Billion

The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization of stablecoins across all networks hit $212.99 billion, setting a new record. This is according to data from Defillama, a decentralized finance total … Read more

Bitcoin ETFs See Four Successive Days of Inflows Worth Over $3 Billion

Consecutive days of inflows into U.S. spot bitcoin ETFs have seen the total net asset value of bitcoin ETFs rise to $123.59 billion. Bitcoin ETFs Continue Strong Inflow Performance Over the past four days, bitcoin spot exchange-traded funds (ETFs) have experienced $3.26 billion in inflows. According to data from Sosovalue, the highest inflow during this … Read more

Trump’s Crypto Venture Erodes Confidence in Digital Assets, Executives Say

More voices in the crypto industry are criticizing the Trump family’s launch of memecoins just before the inauguration. Memecoin Launches a ‘Blight’ Key voices in the crypto industry continue to criticize the Trump family’s launch of memecoins just before the inauguration. Many argue that the launch puts the entire crypto industry at a disadvantage, particularly … Read more

Matrixport: Short-Term Upside for Bitcoin if Critical Support Levels Hold

Bitcoin’s price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport’s recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level. The report noted that the … Read more

Circle CEO Expects President Trump to Issue Executive Orders Allowing Banks to Trade and Hold Crypto

The growing adoption of crypto in the U.S. can be accelerated through executive orders permitting banks to trade and hold cryptocurrency. Circle CEO Wants Executive Orders for Broader Access to Crypto Jeremy Allaire, the CEO of Circle, anticipates executive orders from President Donald Trump that will permit banks to trade crypto, provide wealthy clients with … Read more