The Cointelegraph Press Review

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• Stablecoins could form backbone of global payments in 10 years: Billionaire
  Stanley Druckenmiller said stablecoins are more efficient, faster and cheaper than fiat running on traditional banking infrastructure.Billionaire investor Stanley Druckenmiller said blockchain and stablecoins may only be a decade away from powering the global payments system — though he isn’t sold on the idea of crypto functioning as a store of value.In an interview with […]
• Bitcoin nearly overtakes $74K, as data suggests bear market is not over
  Bitcoin showed remarkable strength throughout the week, but BTC’s correlation to tech stocks and its reactive spot ETF flows suggest the bear market isn’t over yet.Key takeaways:Bitcoin sits above $71,000 as weak US economic data and the US and Israel-Iran war drive investors toward scarce assets.Tech stocks’ correlation to BTC and rising oil prices suggest […]
• Federal court ends Custodia Bank's legal bid for a master account
  One judge sided with Custodia Bank, stating that a master account is “indispensable” for a bank’s day-to-day operations and being denied one is “akin to a death sentence.”A US federal court has rejected Custodia Bank’s final attempt to challenge the Federal Reserve’s authority over granting master accounts — effectively ending the crypto-focused bank’s five-year-long battle […]
• BPI targets August for BTC tax relief, but warns time is running out
  The Bitcoin Policy Institute said the bipartisan support for a de minimis tax exemption for smaller Bitcoin transactions is "encouraging."The Bitcoin Policy Institute (BPI), an industry advocacy group, is eyeing a target window between March and August 2026 to pass a de minimis tax exemption for Bitcoin through Congress, warning that time to pass meaningful […]
• Circle‘s USDC overtook Tether‘s USDT in adjusted YTD volume: Mizuho
  Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions.Japanese investment bank Mizuho reported that stablecoin issuer Circle’s USDC overtook Tether’s USDt in transaction volume for the first time since 2019.In a research note released on Friday, Mizuho said it had raised […]
• Ether accumulation data predicts rally to $2.8K, but there’s a catch
  Ether bulls appear to be targeting $2,800 as their next stop, but ETH futures data shows a divided market with limited odds for a sustained 33% rally.After reaching a monthly high of $2,209 on Friday, Ether (ETH) price fell back below a key monthly resistance, which has been tested five times since February.While onchain data […]
• Crypto Biz: Circle stock defies Wall Street and digital asset selloff
  The USDC issuer's stock is soaring despite a market selloff as stablecoins expand into traditional finance. Meanwhile, Canaan boosts BTC reserves and Wells Fargo eyes crypto services.A selloff in both Wall Street and crypto markets hasn’t slowed Circle’s relentless rise. The stablecoin issuer’s stock has more than doubled since early February, with Bernstein analysts expecting […]