Markets

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.

Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
The announcement comes as the yen, one of the top five global reserve currencies, bears the brunt of Japan's fiscal imprudence.

Bitcoin Is in a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.

Dogecoin Appears Headed for a 'Golden Cross'
A DOGE price pattern that presaged the early 2021 surge looks set to recur.

Meme Coin Demand Is Stronger Than Ever With Fast Money Chasing Pepe and WIF: Analyst
CoinMarketCap registered a record 138 memecoins in April, according to one analyst.

Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T
Bitcoin, the leading cryptocurrency by market value, fell nearly 15% in April, ending a seven-month streak.

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Bitcoin was lower by 2.5% to $61,500 late Wednesday, with solana and bitcoin cash each down more than 7%.

Crypto Principal Trader Arbelos Markets Raises $28M Led by Dragonfly Capital
The trading firm aims to fill the gap left after crypto's credit meltdown two years ago and improve trust by offering a real-time overview of its risk exposure to clients, co-founder Joshua Lim said in an interview.

Key Bitcoin Indicator Points to Period of Calm in Crypto Market
BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.

