European Central Bank eyes digital Euro to counter Trump’s stablecoin push
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to Reuters that the U.S. initiative could attract customers away from European banks, underscoring the urgency […]
Why this will push Ripple and this rival to new highs
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP may gain as Trump plans a U.S. digital asset reserve, prioritizing U.S.-developed cryptocurrencies like SOL and USDC. XRP could play a key role as U.S. President-elect Donald Trump considers creating a national digital […]
Thailand unveils Phuket crypto sandbox plan, regional push
Thailand plans to launch a cryptocurrency sandbox program in Phuket this October. Former Prime Minister Thaksin Shinawatra announced the program during an ASEAN economic discussion. According to the Bangkok Post report, the sandbox will focus on stablecoins to minimize risk while allowing innovation. This controlled testing environment allows businesses and consumers to experiment with cryptocurrency […]
Stablecoin inflows to exchanges could push Bitcoin price to ATH
Bitcoin price resumed its bullish trend and neared its all-time high of $108,200 ahead of Donald Trump’s inauguration and after the encouraging U.S. inflation data. Bitcoin (BTC) rose to a high of $105,847, its highest level since Dec. 18, and significantly higher than this week’s low of $82,055. Crypto investors are likely cheering the upcoming […]
USDC stablecoin issuer Circle cuts 6% staff amid push for AI: report
Circle has reduced its workforce by less than 6%, saying the layoffs are part of a routine review of investments and expenses as the company continues its global expansion. Stablecoin issuer Circle has reduced its workforce by less than 6%, citing a strategic review of investments and expenses, Bloomberg has learned. The layoffs are said […]
$13.6B in Bitcoin options expire Friday — Can bulls push BTC price to $100K?
Can this week’s $13.6 billion Bitcoin options expiry trigger a BTC price rally to $100,000 and beyond? Source link
