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Author: James Wilson
Euro-denominated stablecoins have reached approximately $1 billion in total circulating supply, according to industry data, though the figure represents a minimal fraction of Europe’s broader monetary system. Summary Euro-denominated stablecoins have surpassed $1 billion in circulation but still represent just 0.006% of the eurozone’s roughly $15.5 trillion M2 money supply. After limited activity in 2020–2021, issuance is now spreading beyond Ethereum to networks including Solana, Polygon, Arbitrum, Base, Avalanche, and Stellar. Euro stablecoins remain far smaller than dollar-based stablecoins and underrepresented relative to the euro’s real-world role. The eurozone’s M2 money supply stands near $15.5 trillion, according to Token Terminal,…
XRP has declined to a critical support level following a 30-day pullback, prompting technical analysis of whether the cryptocurrency can maintain its current price structure. Summary XRP has fallen to a key macro support level after a month-long pullback, drawing close attention from technical analysts. Momentum indicators such as the RSI are oversold on lower timeframes, increasing the probability of a short-term bounce. If XRP holds above this level and avoids setting a new low, the structure would support a bullish continuation with potential upside later in the year. The token reached an intraday low in the past 24 hours,…
Robinhood CEO Vlad Tenev stated that prediction markets are entering a long-term growth phase, identifying platforms like Polymarket as early leaders in what he described as a “prediction market supercycle,” according to remarks shared in a video posted on social media platform X by Altcoin Daily. Summary Robinhood CEO Vlad Tenev forecasts strong growth in prediction markets. New platforms, like PancakeSwap’s Probable, are entering the market, offering zero-fee trading on BNB Chain and supporting on-chain settlements. Kalshi raised $185 million while Polymarket secured partnerships with major firms like Intercontinental Exchange. Tenev said prediction markets remain in their early stages despite…
India’s Parliament debated bringing asset tokenization into the country’s formal legal framework this week, as lawmakers considered whether digital fractional ownership could expand access to wealth-generating assets. Summary Indian lawmaker Raghav Chadha framed tokenization as a tool to broaden wealth creation for India’s middle class. Tokenization allows small investors to access high-value assets with greater liquidity, fewer intermediaries, and reduced paperwork, he argues. Policymakers remain cautious due to investor protection, land title complexity, and fragmented laws, leaving the country behind peers like the UAE and Singapore. Chadha pushes for India’s first dedicated Tokenization Bill Member of Parliament Raghav Chadha urged…
Moody’s Ratings is diving into the $300 billion stablecoin market with a new rating system. Summary Moody’s is proposing a new system to rate stablecoins based on reserve quality, market value risk, and operational safeguards. The firm aims to provide investors with a clearer picture of redemption reliability. Ratings would be determined by the “weakest link” in a stablecoin’s reserve pool, factoring in liquidity, governance, regulatory context, and technology risks, while algorithmic stablecoins are excluded. The venerable 116-year-old credit rating firm unveiled a proposal to assess stablecoins like any other deposit: by looking at the quality of reserve assets, market…
TRX price rose for the fourth consecutive day as investors bought the dip, key Tron metrics improved, and a bullish chart pattern formed. Summary Tron price has formed a falling wedge pattern on the daily chart. The number of Tron transactions has jumped by 12% in the last 30 days. Tron’s market share in the stablecoin industry is growing. Tron (TRX) rose to a high of $0.2800, up slightly from this month’s low of $0.22715. Third-party data shows that some key metrics on Tron are doing well. For example, according to Artemis, the supply of stablecoins on Tron increased by…
IREN stock price has slumped by over 55% from its highest point this year amid elevated jitters on the artificial intelligence bubble. Summary IREN shares have plunged by 55% from the year-to-date high. It has dropped to its lowest level since September this year. There are concerns about the ongoing AI bubble. After soaring to a record high of $76 in November, the stock has tumbled to $35 today. This crash has coincided with that of other companies such as CoreWeave, Nebius, and Bitfarms. IREN’s slump has accelerated following last week’s earnings reports from top AI companies such as Oracle…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As crypto mining matures, WPA Hash redefines cloud mining with transparent, user-focused infrastructure. Summary WPA Hash positions itself as a mature cloud mining platform focused on reliability, transparency, and long-term returns. The platform lowers mining barriers by offering professional cloud mining contracts without hardware or technical skills. Intelligent algorithms and automated monitoring help WPA Hash deliver stable, optimized mining performance. The digital mining sector is no longer in experimental technology but a well-organized financial ecosystem. With the growth in…
AVAX price is stuck in a deep bear market after crashing by 66% from its highest point in September, despite having some of the best fundamentals in the layer-1 industry. Summary AVAX price continued its strong downward trend. Spark’s total value locked on Avalanche has jumped to $210 million. The number of addresses in the network has continued rising. Avalanche network growth is accelerating Avalanche (AVAX) token dropped to $11.95, its lowest level since November 2023. It has declined over the past 13 consecutive weeks, underperforming other top networks in the crypto industry, such as Solana and Ethereum. Data shows…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bybit CEO Ben Zhou joined a fireside chat at Solana’s Breakpoint 2025 conference in Abu Dhabi on Dec 12. Summary Bybit CEO Ben Zhou joined Solana Foundation President at Breakpoint 2025 to discuss crypto’s next phase. Speaking in Abu Dhabi, Zhou highlighted the exchange’s growth and seventh anniversary. Bybit has prioritized licensing, securing approvals in the UAE and Europe while expanding across Southeast Asia. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, was represented by its CEO and…
