Mexico’s central bank warned in a new financial stability report that “stablecoins pose significant potential risks to financial stability,” citing their rapid growth, links to traditional finance and global regulatory gaps that could fuel arbitrage and magnify market stress. Stablecoins’ heavy reliance on short-term US Treasurys, market concentration with two issuers controlling 86% of the supply and past depegging episodes with stablecoins underscore how vulnerable the sector remains to stress, according to the Banxico report. Without coordinated international safeguards, mass redemptions or issuer failures could spill into broader funding markets,…
Category: Bitcoin News
Texas Grid Faces Record AI Power Demand as ERCOT Load Requests Surge
Texas is rapidly emerging as an epicenter of artificial intelligence-driven energy demand, with an unprecedented surge in large-load power requests, a wave now dominated by AI data centers rather than Bitcoin miners. The figures, highlighted in The Miner Mag’s latest newsletter and drawn from ERCOT’s new System Planning and Weatherization Update, point to a grid facing a fundamentally different kind of growth. ERCOT, the Electric Reliability Council of Texas, which operates the state’s independent power grid and oversees reliable electric service for about 90% of Texans, reported that its large-load…
Belarus Blocks ByBit, OKX as Russia Fights Crypto Gray Area
The Belarusian Ministry of Information has blocked access to crypto exchanges Bybit, OKX, Bitget, Gate, Bingx and Weex, it said on Thursday. According to a government announcement, the ministry has restricted access to the global domains of several crypto exchanges, citing “inappropriate advertising” under Article 511 of the Law on Mass Media. Belarus’ government announcement on Thursday. Source: Ministry of Information of the Republic of Belarus Cointelegraph reached out to the blocked exchanges but had not received responses at the time of publication. Belarus is a close ally of Russia…
Revolut Integration Lets Trust Wallet Users Buy Crypto Across Europe
Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has partnered with European fintech unicorn and digital banking giant Revolut to introduce a new way to purchase crypto assets on its platform. Trust Wallet users can now buy Bitcoin (BTC), Ether (ETH) and Solana (SOL) with Revolut through a direct integration, the company announced on Thursday. With a minimum purchase starting at 10 euros ($12) and capped at 23,000 euros ($26,950) daily and per transaction, Trust Wallet’s new buy option is expected to provide a faster…
Can Ethereum Sustain Its Recovery Versus Bitcoin in 2026?
Ethereum’s Ether (ETH) token may rally by over 80% versus Bitcoin (BTC) in 2026, according to a classic bullish reversal scenario developing on its long-term charts. Key points: Ether price chart hints at 80% rally versus Bitcoin As of December, ETH/BTC’s 2-week chart displayed a textbook inverse head-and-shoulders (IH&S) formation, a classic bullish reversal pattern that typically follows prolonged downtrends. ETH/BTC two-week chart. Source: TradingView The pattern’s left shoulder formed during late-2024 weakness, followed by an aggressive capitulation in April 2025 that carved out the head around 0.0176 BTC. This…
Bitcoin Bulls May Have to Wait Until 2026 for a BTC Price Reversal
Bitcoin (BTC) should see a “shock move” that brings back BTC price upside — but not until 2026. Key points: The next Bitcoin price bottom will take until 2026 to hit, new analysis concludes. Declining trading volume leaves little chance of a short-term bull market comeback. Sell-side pressure is cooling, and price could rally to $99,000 as a result. BTC price bottom: Not until 2026? In his latest YouTube analysis Thursday, crypto commentator Jason Pizzino forecast up to a year of lower lows for BTC/USD. Bitcoin may not reach its…
Coinbase Opens Solana DEX Access as CeFi and DeFi Converge
Coinbase is moving deeper into the Solana ecosystem, letting users trade native Solana tokens through a decentralized exchange integration rather than traditional listings. Andrew Allen, Coinbase protocol specialist, said in an X post that Coinbase now allows its users to trade all Solana (SOL) tokens through a decentralized exchange (DEX) integration, “without listings,” he noted, adding that “very soon you will be able to open the Coinbase app and see native Solana assets on Coinbase.” “For issuers and builders, if your token has sufficient liquidity, this means you can be…
Bubblemaps Challenges PEPE’s Fair Launch, Says 30% Genesis Supply Bundled
Blockchain data is casting doubt on the “for the people” launch narrative of memecoin Pepe, with new analysis suggesting that almost a third of the initial supply was held by a single entity and contributed to heavy early selling pressure. About 30% of the Pepe (PEPE) token supply was bundled at launch in April 2023, blockchain data visualization platform Bubblemaps claimed on Wednesday in a post on X, adding that investors were “lied to.” The same wallet cluster sold $2 million worth of PEPE tokens the day after launch, adding…
e& UAE To Test Regulated AE Coin Stablecoin in Payments Pilot
United Arab Emirates’ telecom giant e& is reportedly preparing to test whether regulated stablecoins can support mainstream consumer payments, having signed a memorandum of understanding (MoU) with Al Maryah Community Bank to explore the use of a dirham-pegged stablecoin across its digital channels. According to a Gulf News report, executives framed the collaboration as part of the UAE’s push toward regulated digital finance. e& Group CEO Hatem Dowidar said the stablecoin enables “instant settlement, complete transparency, and frictionless access.” Al Maryah Community Bank CEO Mohammed Wassim Khayata described the initiative…
State Street and Galaxy To Launch Tokenized Sweep Fund On Solana In 2026
State Street Investment Management and Galaxy Asset Management are joining forces with Ondo Finance on a tokenized liquidity fund that pushes cash “sweep” balances directly onto public blockchains, opening up a source of potential 24/7 onchain liquidity. The planned State Street Galaxy Onchain Liquidity Sweep Fund, or SWEEP, is designed to take in and pay out PayPal’s (PYUSD) stablecoin for accredited investors, the companies said Tuesday. Ondo is expected to seed the fund with $200 million, tying a major tokenized real-world asset (RWA) issuer directly into State Street’s tokenization stack.…