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Bitcoin (BTC) and ether (ETH) liquidity rebounds a year after $19 billion crypto flash crash

Bitcoin (BTC) and ether (ETH) liquidity rebounds a year after $19 billion crypto flash crash

3 days ago by Crypto InsightsCrypto

Altcoins left behind For altcoins, the picture is reversed. In CoinDesk Research’s basket of altcoins, dollar depth was greatest on Jan. 1, 2025, and has been lower on each date measured since. Depth at 5% from the price is down about a third since the… Read More

U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet

U.S. government moves $1 billion in bitcoin from Bitfinex hack wallet

5 days ago by Crypto InsightsCrypto

Wallets linked to the U.S. government moved 12,267 bitcoin BTC$81,429.31, worth about $1.01 billion, on Thursday, according to data provided by blockchain intelligence firm Arkham. The coins left a wallet holding funds seized in the 2016 Bitfinex hack and went to a new, unlabeled address,… Read More

Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers

Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers

6 days ago by Crypto InsightsCrypto

Polygon Labs’ Open Money Stack extended its stablecoin payments and cross-border transfer capabilities by adding support for the TRON network. Open Money Stack is targeting businesses that might want to use TRON for digital-dollar services without the requirement to combine banking access, wallets and other… Read More

Steam is on track to top $20 billion in revenue for the first time

Steam is on track to top $20 billion in revenue for the first time

1 week ago by Crypto InsightsComputer Tips

Bottom line: Steam is on course to generate more than $20 billion in gross revenue in 2026, a first for the platform, after posting record results for September and the third quarter, according to estimates from Alinea Analytics. The gains came from a mix of… Read More

New stablecoin Open USD goes live as Coinbase, Mastercard, Stripe and Visa commit $1 billion to liquidity

New stablecoin Open USD goes live as Coinbase, Mastercard, Stripe and Visa commit $1 billion to liquidity

2 weeks ago by Crypto InsightsCrypto

That’s where Abrams sees an opening. Open USD, he said, is designed for banking, cross-border payments, card settlement, institutional trading and lending, with an economic model built to reward the companies that drive supply and activity. “When are stablecoins successful? It’s when they recede into… Read More

Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

Goldman Sachs brings $100 billion Treasury fund into crypto’s institutional plumbing

2 weeks ago by Crypto InsightsCrypto

“There’s a convergence now that you’re seeing between traditional market participants and digital asset market participants as well,” Lynq CEO Jerald David said in an interview with CoinDesk TV. For firms using Lynq, FTIXX gives them somewhere to put cash between trades rather than leaving… Read More

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