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Millionaire businessman Kevin O’Leary has indicated that stablecoins are more valuable than Bitcoin because of their role in the global financial system. He also highlighted the “big opportunity” as one of the layer-1 networks could be the biggest beneficiary of traditional finance (TradFi) firms moving on-chain. Kevin O’Leary Praises Stablecoins Over Bitcoin In an X post, Kevin O’Leary shared a FOX interview in which he praised stablecoins over Bitcoin. He described BTC as a speculative asset whose price fluctuates due to its volatility. Meanwhile, the businessman called stablecoins an interesting product in financial services, noting that they are valuable because they are backed by U.S. Treasury bills. Related Reading: The Bitcoin Playbook To Know: Step 4 Says A Crash Is Coming, But Where’s The Bottom? O’Leary further remarked that the “beauty” of these stablecoins is that one can transfer them in seconds, not days. As such, he explained how these stablecoins top the current payme
Read full articleRising US debt and interest costs threaten economic stability, prompting increased interest in hard assets like Bitcoin and gold as hedges. The post US national debt hits $39T, rising $5B daily since October appeared first on Crypto Briefing.
SUI trades near $1.09 as bulls eye $1.20, while stablecoins and network revenue hold firm amid TVL decline. SUI traded near $1.09 as traders assessed its rebound setup, stablecoin activity, and network revenue. Market analysts pointed to firm on-chain baselines, even as total value locked fell from earlier highs. Bulls are now watching whether price […] The post SUI Bulls Eye Upside As Stablecoins And Network Revenue Hold Firm Amid TVL Drop appeared first on Live Bitcoin News.
SpaceX's Bitcoin investment underscores growing institutional interest, potentially stabilizing and elevating cryptocurrency market dynamics. The post SpaceX reveals $1.4B Bitcoin holding, boosting market confidence appeared first on Crypto Briefing.
Crypto exchange-traded fund (ETF) markets remained under pressure on Wednesday as bitcoin funds extended their losing streak to four consecutive sessions, while ether ETFs marked an eighth straight day of outflows. XRP ETFs Attract Fresh Inflows While Solana Products Pause After Strong Run The selling wave across digital asset ETFs has slowed in size, but […]
The clustering of Bitcoin options at $82K could drive market volatility, influencing price discovery and highlighting the maturing crypto market. The post Traders flock to $82,000 Bitcoin calls ahead of May 29 expiry appeared first on Crypto Briefing.
The BlackRock ETF reportedly sells $61.5M in Bitcoin as its tracked portfolio stands near $69.66B, led by BTC and ETH. BlackRock ETF’s reported $61.5 million Bitcoin sale has started fresh debate across the crypto market. The move came as BlackRock’s tracked on-chain portfolio showed about $69.66 billion in value, with Bitcoin still making up the […] The post $61.5M Bitcoin Sale by BlackRock ETF Sparks Fresh Market Debate appeared first on Live Bitcoin News.
With US/Iran peace talks right on “the borderline” according to President Trump, financial markets are also at a crossroads. If a deal can be struck and the Strait of Hormuz is reopened, most financial assets could surge. On the other hand, if a deal falls through and hostilities break out again, the U.S. stock market, and Bitcoin, could be heavily sold down.
