Peter Schiff critiques dollar-pegged stablecoins and promotes issuing gold-backed tokens. He highlights the small market for gold tokens compared to the booming $2.6 trillion dollar stablecoin market, emphasizing gold's advantages in value retention.
Ripple is focusing on stablecoins, questioning the future role of XRP. Highlights from the Apex 2025 conference in Singapore showcase the blend of traditional finance and emerging payment methods.
KindlyMD, a healthcare data company, raised $51.5 million for Bitcoin purchases, expanding its total funding to $763 million. Despite a 7% stock drop, the company continues to pursue its Bitcoin financial strategy.
Seaport Securities has initiated coverage on Circle Internet Group, rating its stock as "buy" with a target price of $235. They predict the stablecoin market could grow significantly, reaching $2 trillion in the coming years, boosting Circle's stock value.
The essay evaluates Bitcoin's market using six technical analysis methods and assigns scores to assess market strength. The overall rating is 2.7, indicating uncertainty in future movements. Current trends suggest potential downward movement amidst critical resistance levels.
The upcoming June 25 meeting of Japan's Financial Services Agency will focus on transitioning cryptocurrency regulation from the Payment Services Act to the Financial Instruments and Exchange Act. The aim is to create a distinct category for cryptocurrencies considering their unique characteristics.
3iQ has launched the XRP spot ETF on the Toronto Stock Exchange, with zero management fees for the first six months. Ripple is an initial investor, highlighting a strategic opportunity for global investors to access XRP.
BlackRock's USD Institutional Digital Liquidity Fund (BUIDL), now usable as collateral on Crypto.com and Deribit, enables institutional investors to earn yields while providing leverage. The tokenized government bond market has seen significant growth, with BUIDL becoming the largest fund at $2.9 billion.