News & Research

Companies should approach their Digital Asset Treasury (DAT) strategies as strategic reserves rather than speculative assets, according to HashKey Capital CEO Deng Chao. In a statement reported by Cointelegraph, Chao said that only companies with long-term strategies and governance can survive in a volatile market. He also emphasized that ETFs and DATs are complementary, not competitive, and that DATs are designed to help companies integrate cryptocurrencies into their long-term operational structures.

The supply of stablecoins on the Ethereum network has recorded a net inflow of $1.6 billion over the past 24 hours, marking the largest such inflow on record, Cointelegraph reported.

Binance Alpha announced the addition of FROGGIE. The platform, an on-chain trading service within the Binance Wallet, focuses on listing early-stage coins.

Whales Market announced it will support pre-market trading for Monad (MON).

Whales Market announced it will support pre-market trading for Monad (MON).

Crypto analyst Kevin Svenson said that Bitcoin is entering the final stage of its bull cycle, according to The Daily Hodl. He explained that this is the last phase of a parabolic trend that began in late 2022. Svenson suggested that because Bitcoin has several weeks or months before reaching its cycle peak, the top could occur late this year or early next year. He added that while a major correction could follow this peak, an extreme bull market for both Bitcoin and altcoins could emerge at the cycle's apex.

The transaction throughput of the Ethereum ecosystem, including its mainnet and layer-2 solutions, has exceeded 27 million over a 24-hour period, U.Today reported, citing data from the Onchain Foundation. This volume equates to approximately 313 transactions per second, with the Ethereum mainnet itself accounting for just 7.4% of the total. Leon Waidmann of the Onchain Foundation explained that this figure significantly surpasses the daily payment volumes of traditional systems, such as the UK's Faster Payments, which processes 11 million payments, and Germany's Girocard, which handles 22 million.

According to Lookonchain, crypto influencer CookerFlips (@CookerFlips) withdrew ASTER worth $6.7 million approximately two hours ago. The influencer had deposited a total of $1.24 million over the past three days, realizing a profit of more than $5 million from the trades within that period.

Coinbase CEO Brian Armstrong plans to launch a credit card offering 4% rewards in Bitcoin in the long term, he said in an interview with Fox Business, according to Cointelegraph. Armstrong added that the company aims to build a crypto super-app that provides a full suite of services, from payments and credit cards to rewards. He criticized the current payment system, arguing that the 2% to 3% fees charged on every credit card transaction are unfair. Armstrong contended that these payments should be free, as they are essentially just data transfers.

Crypto custody and banking firm Anchorage Digital has applied for a master account from the U.S. Federal Reserve, according to a post on X by Eleanor Terrett, host of Crypto in America. A master account grants direct access to the Fed's payment systems, bypassing the need for intermediary banks.