Dollar-pegged stablecoins will eventually lose their price tickers, as exchanges abstract away the differently denominated stable tokens on the backend, presenting only a “USD” option to the user, according to Mert Mumtaz, CEO of remote procedure call (RPC) node provider Helius. The bidding war for the Hyperliquid USD stablecoin (USDH), and proposals from several firms promising to give 100% of the yield back to Hyperliquid, revealed that the stablecoin sector has become “commoditized,” Mumtaz said. Mumtaz added that he expects many companies to issue their own stablecoins and many existing…
Month: September 2025
Ripple’s XRP Returns to Top 100 Global Assets by Market Cap as Bitcoin Battles Silver
After a brief hiatus, Ripple’s native token has returned to the top 100 global assets by market cap as its own has jumped to roughly $185 billion. At the same time, bitcoin has lost some ground to silver, and it’s currently in the 8th position. Ripple Is Back CryptoPotato reported back on August 23 that XRP had found a place within the aforementioned ranking, as, at the time, it had become the 99th biggest asset on CompaniesMarketCap. The following few weeks were quite turbulent for the entire cryptocurrency market, and…
Wall Street Veteran Tips TradFi To Bolster Bitcoin Allocations
Wall Street veteran and macro analyst Jordi Visser is forecasting that US financial institutions are set to ramp up their Bitcoin allocations before the year is out. “Between now and the end of the year, the allocations for Bitcoin for the next year from the traditional finance world are going to be increased,” Visser told Anthony Pompliano during an interview published to YouTube on Saturday. “I think Bitcoin’s allocation number will go higher across portfolios,” Visser said. “That is going to happen,” he emphasized. Visser predicts that traditional financial institutions…
Ethereum Foundation Reveals Privacy-Preserving Roadmap
The Ethereum Foundation has released a roadmap to bring end-to-end privacy features to the Ethereum network, a layer-1 (L1) smart contract blockchain, and rebranded its “Privacy & Scaling Explorations” initiative to “Privacy Stewards of Ethereum” (PSE). PSE said it aims to bring privacy solutions to the protocol, infrastructure, networking, application, and wallet layers in Friday’s announcement, and laid out several key goals for the next 3-6 months. These included enabling private transfers through the development of the PlasmaFold layer-2 network, confidential voting, and privacy in decentralized finance (DeFi) applications. The…
Web3 White Hats Earn Millions, Dwarfing $300K Cybersecurity Salaries
Top white hats hunting vulnerabilities across decentralized protocols in Web3 are earning millions, dwarfing the $300,000 salary ceiling in traditional cybersecurity roles. “Our leaderboard shows researchers earning millions per year, compared to typical cybersecurity salaries of $150-300k,” Mitchell Amador, co-founder and CEO of bug bounty platform Immunefi, told Cointelegraph. In crypto, “white hats” refers to ethical hackers paid to disclose vulnerabilities in decentralized finance (DeFi) protocols. Unlike salaried corporate roles, these researchers choose their targets, set their own hours and earn based on the impact of what they find. So…
Solana (SOL) Has the Perfect Recipe for a Massive Rally, Bitwise’s Matt Hougan
Solana (SOL) has climbed nearly 30% over the past month and is aiming to reclaim its early 2025 all-time high. The rally adds weight to Bitwise Chief Investment Officer Matt Hougan’s prediction that the crypto asset could be gearing up for an explosive end-of-year rally, as he believes that all the right “ingredients “are falling into place for a repeat of the same playbook that drove Bitcoin and Ethereum to massive gains. Solana’s End-of-Year Rally In the latest report, Hougan argued that the “recipe” over the last 18 months has…
Why Onchain Crypto Collateral Can Get You Better Loan-To-Value Ratios
Fabian Dori, the chief investment officer at digital asset bank Sygnum, says that banks offering crypto-backed loans prefer crypto collateral in the form of onchain assets rather than exchange-traded funds (ETFs), and using onchain collateral can benefit borrowers. Dori said that onchain assets are more liquid, allowing lenders to execute margin calls for crypto-backed loans on demand and offer higher loan-to-value (LTV) ratios to borrowers because the lender can liquidate the collateral in real-time. Dori told Cointelegraph: “It’s actually preferable to have the direct tokens as collateral, because then you…
Dogecoin Breakout Puts 95% Price Rally Setup in Motion
Key takeaways: Dogecoin has broken out of a multimonth symmetrical triangle. Trading volumes tripled during the breakout, signaling strong bullish momentum. Dogecoin (DOGE) price has rallied by nearly 40% in the past seven days, beating the broader crypto market, which has gained nearly 8% in the same period. DOGE/USD vs. TOTAL crypto market cap daily chart. Source: TradingView The top memecoin now hints at further price growth in the coming weeks, due to a mix of technical and onchain factors. DOGE price breakout hints at 95% gains ahead The weekly…
Rabby Wallet integrates XRPL EVM chain with Peersyst
Key Takeaways Rabby Wallet now supports the XRPL EVM chain, expanding its compatibility. The integration brings Ethereum Virtual Machine (EVM) compatibility to the XRP Ledger. Share this article Rabby Wallet has integrated the XRPL EVM chain in partnership with Peersyst. The integration allows Rabby Wallet users to access the XRPL EVM chain, which brings Ethereum Virtual Machine compatibility to the XRP Ledger ecosystem. Peersyst collaborated on the integration to enable this functionality within the wallet interface. Share this article Source link
To Grow, Web3 Needs To Rely On Web2
Opinion by: Richard Johnson, chief operating officer of Data Guardians Network In the ongoing drive to increase Web3 adoption, many Web3 enthusiasts and organizations continue to call for industries to move away from Web2 processes. Whether it’s trying to make Web3 tools feel like a Web2 application or redefining business models to focus more on Web3 infrastructure, there is a vocal group that believes in demolishing Web2 for Web3 to grow. This view is flawed. Replacing existing systems is neither practical nor beneficial in the short term and risks limiting…