Monday, February 2

Crypto

Stablecoins Become Institutional Digital Cash, Says Moody’s

Stablecoins are shifting from a crypto native tool to a core piece of institutional market plumbing, according to a new cross-sector outlook report from Moody’s. In the report, published Monday, the ratings agency said stablecoins processed about 87% more settlement…

Barclays Invests In Ubyx Stablecoin Platform

Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company.The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims…

RAKBank Wins In-Principle Approval for AED-Backed Stablecoin

RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving in-principle approval on Wednesday from the Central Bank of the United Arab Emirates (CBUAE) to issue a UAE dirham-backed payment token. In-principle approval means the CBUAE…

Gold and Silver Market Caps Hit Top Two Global Spots

Gold and silver briefly reclaimed their spot as the two biggest assets by market capitalization as the new year rolled in with uncertainty. According to data from analytics platform CompaniesMarketCap, gold currently has a market cap of $31.1 trillion, sitting at…

‘I’ll Get Impeached’ if Dems Win Midterms

US President Donald Trump told Republicans on Tuesday he could be impeached if the party loses the US midterm elections this year.”You got to win the midterms, because if we don’t win the midterms, it’s just going to be —…

Ethereum Devs Raise Blob Limit From 15 to 21

Ethereum scalability was boosted on Wednesday with the second Blob Parameter-Only hard fork, raising the blob limit from 15 to 21, the first of many improvements aimed at scaling the Ethereum ecosystem in 2026.The second BPO hard fork, which took…

Quantum Threat to Bitcoin Goes Beyond Just Threat to Cold Wallets

Advances in quantum computing doesn’t just threaten Bitcoin wallet security, it could also undermine its economic and security model as it could be used to mine Bitcoin blocks far more efficiently, according to Coinbase’s head of investment research, David Duong.Quantum…

Bitcoin ETFs See .2B In Early 2026 Inflows

US spot Bitcoin exchange-traded funds have started the year at an explosive pace that could, if maintained, see it blow out total inflows from 2025. “The spot Bitcoin ETFs are coming into 2026 like a lion,” said Bloomberg’s senior ETF analyst…

Community Banks Want GENIUS Act Yield ‘Loophole’ Closed

A group of US community bankers is pressuring Congress to change the GENIUS Act to close a supposed “loophole” that allows yield-generating stablecoins to undercut banks.The American Bankers Association’s Community Bankers Council said in a letter on Monday to the…

BTC Liquidation Data Could Push Price to New Highs: Analyst

Bitcoin’s (BTC) sharp 7.4% rebound kick-started the first week of January and has shifted markets’ focus back to futures positioning, where liquidation data suggests the price action may be asymmetric.Key takeaways:Over $10.6 billion in long liquidations sit below $84,000, versus…

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