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Tether's Market Capitalization Nears Record High; PostFinance to Offer Customers Crypto

Data from CoinGecko shows that Tether's (USDT) market capitalization has increased by over 20% this year. Separately, PostFinance, Switzerland’s fifth-largest financial services firm, says it will begin offering its users access to cryptocurrency thanks to a partnership with regulated digital asset services provider Sygnum Bank.

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Bitcoin Continues to Move in Lockstep With the Nasdaq to S&P 500 Ratio

Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests that cryptocurrency is still a risky asset. Christine Lee presents "The Chart of the Day."

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Bitcoin Outlook Ahead of Ethereum's 'Shapella' Upgrade

Bitcoin (BTC) hovers around $28,000 as the largest cryptocurrency by market capitalization and has risen roughly 70% since the beginning of this year. ETC Group co-CEO Tim Bevan discusses the sustainability of bitcoin's 2023 rally. Plus, insights on the decline in the ratio between trading volumes in bitcoin and ether's spot markets.

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Bitcoin Rewards App Fold Expands Partnership With Visa to New Regions

Bitcoin (BTC) rewards app Fold and Visa have expanded their ongoing partnership. The U.S. payments giant will now serve as the exclusive network partner for Fold's prepaid debit products in North America, Europe, Latin America and the Caribbean. Fold CEO Will Reeves breaks down the significance of this partnership expansion and his outlook on mainstream crypto adoption.

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India Stepping Up CBDC Testing, Targeting One Million Digital Rupee Users By July

India's retail central bank digital currency (CBDC-R) architects are aiming to scale the user base of the digital rupee to one million users and have prioritized solving the challenge of creating an offline version, two people familiar with the matter told CoinDesk. "The Hash" panel discusses the latest in India's retail and wholesale CBDC pilots.

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Rise in Shiba Inu Breed-Themed Tokens May See Imminent Selling Ahead, Traders Say

Meme coins have outperformed the broader crypto markets in recent days, but some say profit-taking could reverse the rally. "The Hash" panel discusses the recent rally and outlook after Twitter replaced its popular blue bird logo with that of Dogecoin’s Shiba Inu mascot.

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The Bitcoin White Paper Is Hidden Inside Apple's MacOS

Satoshi’s vision exists in every version of MacOS from Mojave to Ventura but is not in the older High Sierra (10.13) or earlier. Of all the documents in the world, why was the Bitcoin white paper chosen? "The Hash" panel discusses the potential theories after it was re-discovered by blogger Andy Baio and published on his blog Waxy.

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U.S. Treasury Report Warns of Illicit Finance Risks Associated With DeFi

In its first analysis of illicit finance risks associated with decentralized finance published Thursday, the U.S. Treasury Department said thieves, scammers, ransomware cyber criminals and actors for North Korea are using DeFi to launder proceeds from crime. "The Hash" panel discusses the new report calling for more oversight and the pros and cons of open finance.

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Binance Turned Down Justin Sun’s Offer to Buy His Huobi Stake: Source

Binance recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi, according to a CoinDesk source. “I must point out that in the past week or so, I have not proposed any offer to [CZ] regarding the purchase of [Huobi], nor have we even discussed Huobi in the past week or so,“ Sun tweeted after the story came out.

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State of Crypto Regulation In Dubai

Dubai's crypto industry recently unveiled its crypto regulatory framework, giving locals a concrete licensing regime for digital asset issuers and service providers. The Crypto Lawyer, Irina Heaver, based in Dubai and Switzerland, discusses the state of crypto regulation in Dubai and why she thinks it is poised to become the "crypto capital of the world."

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