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J.P.Morgan wary of stablecoin's trillion-dollar growth bets, cuts them by half
By Rashika Singh July 3 (Reuters) - J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections "far too optimistic", as there was little evidence of mainstream adoption of the dollar-pegged cryptocurrency token. Stablecoins ...Reuters
Thu, Jul 3
EU regulators under pressure from tech giants and lobby groups to pause AI laws
With under a month before key chunks of the European Union’s Artificial Intelligence Act start to bite, a coalition of both US and European tech firms is urging Brussels to hit pause. Groups representing tech firms like Google, Meta, and Mistral are pushing for the EU to delay the Act by years, and they have […]Cryptopolitan
Thu, Jul 3
BlackRock Wants Bitcoin Higher—IBIT Now Out-Earns Their S&P 500 Fund
BlackRock’s iShares Bitcoin Trust (IBIT) has surpassed the firm’s long-established iShares Core S&P 500 ETF (IVV) in annual revenue generation. The development, first highlighted in a June 2 report by Bloomberg, marks a milestone moment for institutional adoption and exposes a growing financial ...Bitcoinist
Thu, Jul 3
Algorand Price Forecast: ALGO triggers technical breakout as network goes multi-chain
Algorand's (ALGO) extends rebound on Thursday, reflecting positive market sentiment in the broader cryptocurrency market. The launch of the Wormhole Native Token Transfers (NTT) on Tuesday sparked a surge in ALGO interest, paving the way for a recovery from lows around $0.1521.Fxstreet
Thu, Jul 3
PayPal’s Peter Thiel Backs New Crypto Bank, Drives Interest in the Best Crypto to Buy Now
A group of tech heavyweights have joined PayPal’s co-founder Peter Thiel in building Erebor – a new federally chartered bank designed to serve crypto, AI, and defense startups. While many traditional banks remain wary of crypto, Erebor’s formation signals growing institutional confidence in digital ...Bitcoinist
Thu, Jul 3
Best Wallet теперь сертифицирован WalletConnect: скачайте топовый некастодиальный криптокошелек
Лучший некастодиальный криптокошелек Best Wallet стал участником программы WalletConnect Certified, что стало важным достижением для этого молодого проекта. Программа сертификации от WalletConnect присуждает престижный золотой значок только тем кошелькам, которые соответствуют высоким требованиям по...Bitcoinist
Thu, Jul 3
Russian insurance firms launch life policies tied to Bitcoin ETFs
Russian companies are offering investment insurance policies tied to the value of Bitcoin, the leading cryptocurrency by market capitalization. The new products expand crypto investment opportunities in Russia that have been growing since its central bank permitted the offering of derivatives based on decentralized digital assets. Russian insurers offer policies linked to American Bitcoin ETFs […]Cryptopolitan
Thu, Jul 3
Buy Bitcoin Before Jackson Hole—Or Regret It Forever, Says Arthur Hayes
Arthur Hayes has published a new essay, “Quid Pro Stablecoin,” arguing that the United States’ sudden political enthusiasm for bank-issued stablecoins is less about “financial freedom” and more about arming the Treasury with a multi-trillion-dollar “liquidity bazooka.” The former BitMEX chief—writin...NewsBTC
Thu, Jul 3
Trump turns scrutiny on China's tariff backdoor loopholes via Vietnam
The United States and Vietnam have agreed on a two-layer tariff system designed to stop goods routed through Vietnam, often to dodge US duties, from entering American markets. Under the plan, items genuinely produced in Vietnam face a 20% duty, while those judged to be merely passing through will have a 40% levy. Analysts say […]Cryptopolitan
Thu, Jul 3
First blockchain digital bond in the MENA region to launch on Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange (ADX), the largest exchange in the UAE and second-largest exchange in the Middle East North Africa (MENA), has taken the first steps to list the first DLT/blockchain-based bond in the MENA region. It will launch the product in cooperation with HSBC using its Orion platform. The blockchain-enabled bond will be issued […]Cryptopolitan
Thu, Jul 3
Standard Chartered Predicts Best Q3-Q4 for Bitcoin: $BTCBULL Presale Surges
If Standard Chartered’s latest report containing fresh predictions for Bitcoin is anything to go by, the coming 6 months of 2025 could offer an unprecedented window of opportunity for long-term HODLers of the asset. According to the UK bank’s analyst Geoff Kendrick, $BTC could hit new al...Bitcoinist
Thu, Jul 3
Bitcoin Moves Up, Dogecoin Surges Above Key $0.17 Mark; Token6900 Set to Explode
Bitcoin climbed above $109K, triggering a surge across the markets: Ethereum ($ETH) – up 4.65% XRP ($XRP) – up 3.86% Solana ($SOL) – up 7.85% Tron ($TRX) – up 4.17% But one of the biggest daily surges came from an unexpected corner, as Dogecoin mounted an 8% rally and broke the key $0.17 mark. As me...NewsBTC
Thu, Jul 3
Amundi warns US stablecoin policy could destabilise global payments system
By Marc Jones LONDON, July 3 (Reuters) - Europe's largest asset manager has raised concerns that a boom in dollar-backed stablecoins in the wake of the United States' GENIUS Act could cause a major shift in money flows that destabilises the global payment system. The U.S. Senate passed th...Reuters
Thu, Jul 3
Celsius Secures Judge Approval To Pursue $4 Billion Lawsuit Against Tether
A US bankruptcy judge has granted permission for Celsius Network, the bankrupt cryptocurrency lender, to pursue its lawsuit against Tether, the issuer of the market’s largest stablecoin, USDT. Celsius Alleges ‘Fire Sale’ Of BTC According to the filing, Celsius claims that it was in the p...Bitcoinist
Thu, Jul 3
Crypto Today: Bitcoin uptrend anchored by institutional demand as Ethereum, XRP extend gains
Cryptocurrencies are generally ticking higher on Thursday, anchored by steady market sentiment. Bitcoin (BTC) leads the recovery after breaking above the $109,000 resistance. Altcoins edge higher, with Ethereum’s (ETH) price stepping above $2,600.
IREN Expands AI Cloud With 2.4K Nvidia Blackwell GPUs
July 3 (Reuters) - IREN Ltd IREN.O:IREN EXPANDS AI CLOUD WITH 2.4K NVIDIA BLACKWELL GPUSIREN LTD - ANNOUNCES PURCHASE OF 2.4K NVIDIA BLACKWELL GPUS FOR $130MIREN LTD - EVALUATING FINANCING ALTERNATIVES FOR AI CLOUD SERVICES GROWTHReuters
Thu, Jul 3
