Bitcoin News·
The Bank of England is walking back key parts of its stablecoin rulebook after the digital assets industry pushed back hard against proposals officials now admit may have gone too far. Bank of England Revisits Stablecoin Limits That Industry Called ‘Cumbersome’ Deputy Governor Sarah Breeden, who oversees financial stability at the UK central bank, told […]
Read full articleRising inflation may prompt investors to diversify into digital assets, potentially increasing market volatility and impacting traditional equities. The post Seeking Alpha maintains buy rating for SPY amid rising inflation appeared first on Crypto Briefing.
The post Pound Sterling slips through 1.35 as the Labour crisis tops a UK GDP beat appeared on BitcoinEthereumNews.com. GBP/USD fell 0.9% on Thursday, breaking below 1.3500 in a sharp staircase decline from session highs to a low close to 1.3395. The move extended a multi-week downtrend from the early-March peak, with bearish momentum building through the European afternoon. The daily candle closed near session lows. The Pound Sterling came under heavy pressure on Thursday as the political crisis around Prime Minister Keir Starmer deepened. After Labour’s heavy losses in the 7 May local elections, four cabinet ministers resigned this week, including Safeguarding Minister Jess Phillips, and close to 100 Labour MPs publicly called on Starmer to resign or set a departure timeline. Health Secretary Wes Streeting was reported to be weighing a leadership challenge, although Starmer remained defiant after 111 MPs signed a statement of support. Stronger UK data failed to lift the currency: Q1
The post Euro Stablecoin Issuers Eye €16T Market After MiCA Boost appeared on BitcoinEthereumNews.com. TLDR The euro stablecoin market currently holds about €620 million in total capitalization. Euro stablecoins account for roughly 0.2% of the global stablecoin market. Transaction volume for MiCA-compliant euro stablecoins has increased by 1,200% since the regulation took effect. Issuers report rising inbound requests from entrepreneurs and institutional firms seeking regulated euro digital assets. The broader addressable market for euro-denominated activity stands at approximately €16 trillion. Euro stablecoins contribute nearly 13% of global stablecoin payment activity. Euro-pegged digital tokens remain small in market size, yet issuers now report rising demand from institutions and startups. The total euro stablecoin market stands near €620 million, or about 0.2% of global stablecoin capitalization. However, issuers say MiCA has triggered sharp volume growth and renewed interest acr
Osero's funding and innovative approach could reshape DeFi by enhancing stablecoin yield options, potentially attracting more mainstream adoption. The post Osero raises $13.5M led by Sky Ecosystem to build stablecoin savings on Plasma appeared first on Crypto Briefing.
The news follows growing calls from UK lawmakers and government officials to curb or temporarily ban crypto political donations in the country.
Crypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned […]
Meta employees in the US and UK are organizing against corporate software that tracks workers’ keystrokes and mouse activity.
Jane Street sharply reduced several major bitcoin-linked positions during the first quarter while increasing exposure to ether ETFs and selected crypto equities. The portfolio changes came amid heightened market volatility and shifting institutional sentiment toward digital assets. Jane Street’s Crypto Portfolio Shifts Away From Bitcoin Jane Street Group, one of Wall Street’s most influential trading […]
