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Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg


The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena’s USDe, which slipped 7.91%. To make matters spicier, two stablecoins also lost their dollar composure, wobbling off their $1 targets...

Banks Are Pushing Back Against Crypto Regulation: Here’s How


Banks are using their proxies, organizations like the Bank Policy Institute and Better Markets, to promote the approval or modification of current regulation to affect the level of involvement of crypto and stablecoins in U.S. retail and institutional markets. Banks Are Taking Action Against...

Quantum Doomsday Clock Predicts Bitcoin’s Downfall by 2028


The Quantum Doomsday Clock, an initiative that seeks to time the exact moment when bitcoin as we know it today falls to quantum superiority, is predicting this event will happen 2 years and 4 months from now. Quantum Doomsday Clock Puts Bitcoin Downfall Just 2 Years Away The Facts While...

USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37


On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than $100 million vanishing into the ether. USDX Springs a Leak After the Stream...

Robinhood Hits $1.27 Billion in Q3 Revenue, Crypto Trading Surges 300%


Robinhood reported record third-quarter results, with revenues doubling to $1.27 billion and net income surging 271% year-over-year. Strong crypto trading, new business lines, and rapid user growth helped the company cement its position as one of fintech’s most diversified platforms. Q3 Profits...

Crypto Lags Despite Liquidity Surge and Market Tailwinds


Despite rate cuts, the end of quantitative tightening, and record-high equities, crypto continues to underperform. Liquidity is expanding globally, but it’s not flowing into digital assets, with exchange-traded fund (ETF) inflows stalled and digital asset treasury (DAT) activity fading. Strong...

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