Jeremy Allaire, CEO of the publicly listed stablecoin issuer Circle, said interest payments on stablecoins do not pose a threat to banks. Speaking Thursday at the World Economic Forum in Davos, Allaire described concerns that stablecoin yields could cause bank runs as “totally absurd,” citing historical precedents and existing reward-based financial services already in use. “They help with stickiness, they help with customer traction,” Allaire said, adding that interest itself is not large enough to undermine monetary policy. Allaire’s comments came amid heated debate over stablecoin yields, including in discussions…
Category: Bitcoin News
Bitcoin diamond hand BTC selling not ‘repeat of 2017, 2021,’ research warns
Bitcoin long-term holders of two years or more broke records during 2024 and 2025, says a new analysis of the latest bull market. Source link
Bitcoin Offers ‘No Haven’ From Trump’s Greenland Dreams
The world breathed a small, collective sigh of relief on Wednesday when US President Donald Trump said he would not use force to take over Greenland during a rambling, hour-long speech to a crowd of world leaders in Davos. Trump argued why the US should rightly own Greenland, ostensibly as a bulwark against Russian or Chinese influence in the region. However, he walked back some worrying rhetoric about military action, stating that he would not use force to take over Greenland, which itself is an autonomous region of Denmark. He…
Maple brings syrupUSDC to Base, targets Aave V3 listing
Onchain asset manager Maple is taking syrupUSDC to Coinbase’s Base network, adding institutional credit rails while pursuing Aave’s Base instance next. Source link
Russia-linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic
Elliptic said the ruble-backed A7A5 token functioned as a bridge into USDT markets before sanctions and exchange controls curbed its growth. Source link
Bitcoin Doesn’t Have 20 Years
Opinion by: Youssef El Maddarsi, chief business officer of Naoris Protocol Some Bitcoin (BTC) advocates argue that the network faces no meaningful quantum threat in the immediate future, pointing to emerging NIST-approved post-quantum standards and suggesting that Bitcoin can simply upgrade long before any cryptographically relevant quantum computer appears. This confidence relies on the risky assumption that the quantum threat begins only once a machine can break keys in real time. Adam Back argued that Bitcoin has at least 20-40 years to ready itself, but the quantum threat is already…
$18B asset manager F/m seeks SEC approval to tokenize US Treasury ETF
F/m Investments seeks SEC relief to record ownership of its $6 billion Treasury ETF on a permissioned blockchain as tokenization spreads on Wall Street. Source link
Bitcoin Price Shows ‘Fragility’ as Consolidation Looms: New Research
Bitcoin (BTC) price could be in for another prolonged period of consolidation if key support levels are not reclaimed, a new analysis reveals. Key takeaways: Bitcoin is stuck between key cost-basis levels, predicting 2022-type consolidation unless key support levels are reclaimed. Spot Bitcoin ETFs recorded a net outflow of $708.7 million, their fifth-largest since launch, signaling institutional caution. Bitcoin’s “supply overhang” persists In the Jan. 21 edition of its regular newsletter, The Week Onchain, onchain data provider Glassnode confirmed key areas of resistance “constraining upside follow-through and keeping rallies vulnerable…
Fedi, Cornell And Bitcoin Think Tank Launch US Financial Privacy Study
The Bitcoin Policy Institute (BPI), Fedi and Cornell University are launching a two‑year study on how Americans view financial privacy, the trade‑offs they will accept and how regulation shapes their behavior. The initiative brings together a Bitcoin (BTC) wallet company with an academic center and a policy think tank, aiming to connect how privacy tools are built, researched and ultimately governed. According to Fedi and BPI, the research will combine quantitative surveys with qualitative interviews to examine attitudes toward financial privacy and their evolution. Cornell’s Brooks School Tech Policy Institute…
Ramaswamy-Backed Strive Plans $150M Preferred Stock Raise to Buy Bitcoin
Strive, an asset manager co-founded by former US presidential candidate Vivek Ramaswamy in 2022, plans to raise as much as $150 million through an offering of preferred stock, with proceeds earmarked for debt repayment and Bitcoin purchases. Strive said it plans to sell shares of its Variable Rate Series A Perpetual Preferred Stock, trading under the ticker SATA, according to a Wednesday announcement. The company said the capital raised, alongside existing cash and potential proceeds from unwinding hedging transactions, would be used to pay down liabilities at its wholly owned…