Bitcoin purist Jack Dorsey says that his firm is reluctantly giving in to stablecoin craze
The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing market pressure.
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The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing market pressure.
BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi and Third Point’s Daniel Loeb see steady economic growth but a tougher market environment.
Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
The stablecoin issuer used its Mint platform for intercompany transfers, replacing bank wires that often take days to settle, CEO Jeremy Allaire said.
The executive order to build President Donald Trump’s Strategic Bitcoin Reserve has awaited congressional action, and sources say there’s one idea left for 2026.
Most majors gave back Friday’s gains, with solana down 4%, ether falling 4.4%, and 43% of bitcoin’s supply now sitting at a loss according to Glassnode data.
Bitcoin is now firmly in a deep bear market and could fall another 30% in 2026, firm said.
Institutional interest continues to grow, but a stronger dollar and shifting interest rate expectations are keeping a lid on the latest rally.
Stress in the $3.5 trillion private credit market could ripple into digital assets through both macro contagion and tokenized credit markets, experts warn.
The sharp move higher triggered heavy profit-taking from short-term holders, data shows.