Stablecoin volume outpaces Mastercard, PayPal as digital payments wars loom

Fiat-backed stablecoins have eclipsed Mastercard and PayPal in moving more value across their networks in 2022, according to a Bloomberg Intelligence note on Aug. 25. According to Bloomberg Intelligence crypto market analyst... Read more »

Bitcoin could be worth less than $20K in 2023, US inflation data says

Bitcoin (BTC) is still worth $20,000 nearly six years after first reaching it — if adjusted for inflation. According to data from sources including U.S. Inflation Calculator, BTC price performance has de... Read more »

Bitcoin’s most active supply hits 8-year low

Bitcoin’s supply last active less than a month ago has plummeted to an 8-year low. This often overlooked metric provides essential insights into the market’s current dynamics and is useful when analyzing... Read more »

Bitcoin options data points to an interesting outcome after this week’s $1.9B expiry

The upcoming $1.9 billion Bitcoin monthly options expiry on Aug. 25 is key to defining whether the $26,000 support level will hold. One could pin the recent cryptocurrency market sell-off on the... Read more »

Binance’s zero-fee Bitcoin update could echo March downturn

Binance cryptocurrency exchange announced its intention to modify its zero-fee Bitcoin trading program on Aug. 24. This action has the potential to initiate a significant market downturn, reminiscent of the 90% trading... Read more »

Bitcoin profitable on 86% of days, yet just 61% of holders are in profit

Since August 2010, there have been only 677 days in which you could have bought Bitcoin and currently be at a loss, with 86% of days where ‘holding Bitcoin has been profitable... Read more »

Bitcoin Ordinals volume dips 98%, OpenSea to disable royalty tool, and Frend.tech hype: Nifty Newsletter

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig... Read more »

Reserve Bank of Australia issues report on CBDC use cases

On August 23, the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in a report detailing the implications of a central bank digital currency... Read more »

Why is the crypto market down this week?

The cryptocurrency market has experienced a notable downturn recently, with the total market capitalization falling by 10% between August 14 and August 23, reaching its lowest point in over two months at... Read more »

FBI warns crypto firms of North Korea move to cash out $40M in stolen Bitcoin

The U.S. Federal Bureau of Investigation (FBI) warned crypto companies that North Korea may soon attempt to cash out some of its illegally acquired Bitcoin worth more than $40 million. In an... Read more »