Despite excellent political and banking conditions for stablecoins, PayPal’s PYUSD and Ripple’s RLUSD are still less than 1% of the market.
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Ripple founders lobbied for XRP reserve, got sell-only stockpile instead
Ripple and Fairshake tried to convince the US government to buy XRP as part of a crypto reserve. They failed...
BlackRock wants to stop bitcoin ETF outflows with 1-2% allocation target
Wealth management giant Blackrock has decided to introduce bitcoin allocation suggestions for the first time in certain model portfolios. Source...
UK Treasury says ‘no plans’ to introduce US-style bitcoin reserve
Despite the US introducing a strategic bitcoin reserve, the UK still deems the currency too volatile and will not follow...
Elon Musk blames X outage on ‘massive cyberattack’ as bitcoin dips to $78K
Hacking group Dark Storm has claimed responsibility for the attack on X. The group has warned it would target countries...
