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JPMorgan Sees Stablecoin Market Hitting $500B by 2028, Far Below Bullish Forecasts
88% of current stablecoin demand comes from crypto-native activity, with payments accounting for only 6%, the report said.
Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch
The REX-Osprey Solana + Staking ETF (SSK) does better than the average ETF launch on the first day of trading, Bloomberg's Eric Balchunas said in a post on X.
BlackRock’s Bitcoin ETF Generating More Revenue Than Its Flagship S&P 500 Fund
The iShares Bitcoin ETF (IBIT) has a higher fee structure, allowing it to outpace the S&P 500 fund (IVV) despite not having anywhere near as much in assets under management.
Coinbase Is Driving Adoption of Circle's USDC for Payments, Financial Services: Bernstein
The crypto exchange is becoming one of USDC's most active advocates across payments and financial services, Bernstein said.
Scaramucci Says Bitcoin Treasury Trend Will Fade Despite Saylor’s Success
The SkyBridge founder told Bloomberg that companies adding crypto to their balance sheets is temporary.
Defi Dev Hikes Convertible Note Offering to $112M for Buyback, More SOL Purchase
The Nasdaq-listed firm upsized its note offering from $100 million as it ramps up its Solana-focused crypto treasury strategy.
Solana Staking ETF Opens for Trade, Becoming First Such U.S. Crypto Staking Product
The vehicle from REX Shares and Osprey Funds has selected Anchorage Digital as the exclusive custodian and staking partner.
Bitcoin $200K Target Still in Play, Driven by ETF, Corporate Treasury Buying: StanChart
Bullish catalysts include sustained ETF inflows, corporate treasury adoption and U.S. regulatory moves, the report said.
Genius Group Adds 20 Bitcoin, Targets 1K BTC Within Six Months
The previously roughed-up shares have been on a tear in recent weeks, now sporting more than a 100% year-to-date advance.
Asia Morning Briefing: Leverage Meets Patience as Bitcoin Builds Toward a Breakout
PLUS: Another publicly listed tech company is building out a bitcoin treasury.
