Bitcoin is closing higher today as it tries to rebound following a very volatile week. Mackenzie Sagalas has the numbers for us. Hi Mac.Hey Morgan. So the crypto market is coming back strong, moving in lock step with the NASDAQ 100. Bitcoin trading near that 89k mark and crypto pegged equities are rallying alongside it.Miners, exchanges like Coinbase and Robin Hood and even digital asset treasury plays are pairing last week's losses. Tom Lee's Bitmine Immersion and Ether Proxy is up more than 18% outpacing ...

Tokenized Assets Overview - The industry has a new 'Tokenized assets' dashboard for more data on stablecoins, tokenized funds, and tokenized stocks [1]

Stablecoins Could 'Pose Stability Risks,' ECB Says in Latest Warning► https://t.co/eO71MyDU3l https://t.co/eO71MyDU3l ...

RT transporter. (@transporter_io)now live on Transporter: cross-chain transfers of @circle’s USDC to and from @solanaone of the largest stablecoins in the worldnow secured by the interoperability standardunlocking internet capital marketsmove USDC to/from Solana with https://t.co/15FBPjPSd4 https://t.co/lpmvKz6j9M ...

Core Insights - The European Central Bank (ECB) has raised concerns about the rapid growth of stablecoins, particularly those from Tether and Circle, indicating significant risks to financial markets and the banking system [1][7] - The concentration of U.S. stablecoins, with Tether's USDT and Circle's USDC accounting for nearly 90% of the global supply, poses a systemic risk where the failure of a single entity could lead to widespread market disruption [2][3] Group 1: Risks of Stablecoins - The vulnerabilities of stablecoins stem from their dependence on investor confidence and the assumption of redeemability at par, with a loss of confidence potentially triggering a run on stablecoins and a de-pegging event [2][4] - The ECB noted that the extreme dominance of a few stablecoins makes it difficult to reverse this concentration due to "inherent interchangeability frictions" [3] - A mass withdrawal from stablecoins could force issuers to liquidate assets quickly, impacting the functioning of U.S. Treasury markets [4] Group 2: Implications for the Banking Sector - The ECB warned that increased adoption of stablecoins could lead to retail deposit outflows from banks, replacing stable deposits with more volatile wholesale funding, making banks more vulnerable to shocks [5] - Regulatory discrepancies between global regimes could lead to "regulatory arbitrage," particularly when EU and non-EU entities jointly issue fungible stablecoins [6] - The ECB highlighted that EU-regulated issuers might face risks of having insufficient reserve assets to meet combined redemption requests, necessitating additional safeguards before granting market access [8] Group 3: Market Overview - The total market capitalization of all stablecoins has surpassed $280 billion, representing approximately 8% of the total crypto-asset market [9]

Crypto Industry Trend - Stablecoins are settling trillions, indicating significant adoption [1] - Banks, fintechs, and enterprises are increasingly utilizing crypto rails [1] - The need for private transactions within regulatory frameworks is becoming critical [1] Ocash Solution - Ocash aims to be the first step toward an Open Cash System [1] - Ocash offers shield & send functionality in seconds [1] - Ocash ensures zero transaction-graph leakage [1] - Ocash supports lawful selective disclosure [1] - Ocash provides one engine for payroll, remittance, and enterprise rails [1] Core Value - Privacy is not just a feature but a fundamental infrastructure requirement [1]

FRANKFURT (Reuters) -Stablecoins could draw valuable retail deposits away from euro zone banks and any run on a coin could ​have widespread stability implications for the global financial system, the European ‌Central Bank warned on Monday. Stablecoins, digital assets designed to maintain a stable value, have been ‌growing in popularity and their market value now exceeds $280 billion, a relatively small figure but still notable because issuers have been among the largest buyers of U.S. Treasuries. They a ...

More info on our 'Tokenized assets' dashboard 👇1) 1,000+ tokenized assets or RWAs2) Incl. stablecoins, funds, and stocks3) Assets from 80+ issuers4) Current coverage extends to 30+ chainshttps://t.co/xxR7ZhRPeh ...

The financial panic that plagued the US free-banking era in the 19th century has a lot to teach us about regulating stablecoins, writes @andymukherjee70 (via @opinion) https://t.co/fkVn4FFstS ...

Core Insights - The onchain economy is rapidly evolving, driven by the maturation of blockchain technology and its integration into mainstream finance, creating a growing ecosystem of companies and investment instruments [3][4] Blockchain Technology - Blockchain is a decentralized digital ledger that ensures transparency, security, and immutability of transactions without a central authority, forming the foundation of cryptocurrencies and enabling peer-to-peer value transfer, smart contracts, and decentralized applications [2] Key Companies in the Onchain Economy Exchanges - **Coinbase Global Inc. (COIN)**: The largest U.S.-based cryptocurrency exchange, serving as a gateway for millions of investors to access and trade digital assets, with a significant institutional presence [5] - **Robinhood Markets Inc. (HOOD)**: Known for democratizing stock trading, Robinhood has expanded into crypto, providing easy access to digital assets for retail investors [6] Mining - **Core Scientific Inc. (CORZ)**: One of the largest Bitcoin miners in North America, evolving its infrastructure to support AI and high-performance computing, bridging two rapidly growing sectors [7] - **Cipher Mining INC. (CIFR)** and **Bitfarms Ltd/Canada (BITF)**: Both companies have shown strong performance, reflecting the resurgence of the mining sector as Bitcoin's price and network activity strengthen [9] FinTech and TradFi Enablers - **Mercadolibre Inc. (MELI)**: Often referred to as the "Amazon of Latin America," it has integrated digital payments and crypto services into its e-commerce platform, enhancing financial inclusion [10] - **Galaxy Digital Inc (GLXY)**: A diversified digital asset financial services firm involved in trading, asset management, and investment banking for the crypto economy, acting as a key institutional gateway [12] Energy Infrastructure - **Kinder Morgan Inc. (KMI)**: A major natural gas provider in the U.S., playing an indirect but crucial role in the crypto economy by powering data centers and mining operations [13] Future Trends in Blockchain - By 2025, blockchain is expected to drive significant changes in capital markets, focusing on tokenization, programmable settlement, and embedding yield-bearing assets onchain, indicating a shift towards a more modular and dynamic liquidity environment [14][15]