Binance Stablecoin Inflows Top .65B as Bitcoin Slumps

Binance Stablecoin Inflows Top $1.65B as Bitcoin Slumps

Users of the Binance cryptocurrency exchange deposited $1.65 billion in stablecoins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell-off. The deposit coincided with nearly $1 billion in Ether (ETH) withdrawals from Binance, according to onchain analytics provider CryptoQuant. It also marked the second time…

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Trump Jr. joins Polymarket board as platform pursues US return

Trump Jr. joins Polymarket board as platform pursues US return

Prediction market Polymarket has added Donald Trump Jr. to its advisory board after receiving a strategic investment from 1789 Capital, which describes itself as a politically aligned vehicle backing companies it sees advancing “American exceptionalism.” The companies did not revealed financial terms, but Axios estimated the investment at “double-digit millions of dollars.”  Trump Jr. became…

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Japan’s Stablecoin Laws Came First, but US Gains Momentum

Japan’s Stablecoin Laws Came First, but US Gains Momentum

While the US GENIUS Act is being celebrated as a market catalyst for stablecoin adoption, Japan’s earlier reforms show the flip side: Clarity doesn’t automatically translate into immediate real-world utility.  Japan had the world’s first comprehensive stablecoin regime in 2023, but adoption has been muted. Licensed issuers exist on paper, yet there’s no thriving yen-stablecoin…

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Solana Dev billed K for single search via Google Cloud’s BigQuery

Solana Dev billed $5K for single search via Google Cloud’s BigQuery

Blockchain developers are sharing “horror stories” related to eye-watering bills received from Google Cloud’s BigQuery service, including a developer who was suddenly charged a total of $15,000 for performing three queries. BigQuery is a serverless data warehouse offered by Google Cloud, designed for analyzing large sets of data via Structured Query Language (SQL) with built-in…

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Dormant Ethereum Whale Buys Millions in ETH, Sparking Rebound Hopes

Dormant Ethereum Whale Buys Millions in ETH, Sparking Rebound Hopes

Key takeaways: Dormant whale buys $28M in ETH as price drops 13%, signaling accumulation. Whales, BitMine, and ETFs add billions in ETH, reinforcing bullish demand. “V-shaped” recovery pattern emerges, with analysts eyeing $7.5K–$20K targets. An Ethereum whale wallet has resurfaced after four years of silence, scooping up $28 million worth of Ether (ETH) in a…

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Tokyo’s Monex Considers Launching Domestic Yen Stablecoin

Tokyo’s Monex Considers Launching Domestic Yen Stablecoin

Tokyo-based publicly traded financial services company Monex Group is considering a Japanese yen-pegged stablecoin. According to a Tuesday TV Tokyo report, Monex Group Chairman Oki Matsumoto told the outlet that the company is considering issuing a yen-pegged stablecoin in Japan. “Issuing stablecoins requires significant infrastructure and capital, but if we don’t handle them, we’ll be…

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Jon Rice Returns as Cointelegraph Editor-in-Chief in 2025

Jon Rice Returns as Cointelegraph Editor-in-Chief in 2025

Jon Rice, a veteran crypto media professional who has overseen the newsroom at three specialist publications, has once again taken on the role of editor-in-chief at Cointelegraph. Rice previously held the position in 2020-21 during the COVID-19 pandemic, prior to which he built and launched the long-form Cointelegraph Magazine publication. He later moved to Blockworks…

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Animoca, Antler’s Ibex Launch Fund to Tokenize Japan’s IP

Animoca, Antler’s Ibex Launch Fund to Tokenize Japan’s IP

Animoca Brands has teamed up with Antler’s corporate innovation arm, Ibex Japan, to launch a dedicated Web3 entertainment investment fund aimed at bringing Japan’s anime and manga intellectual property (IP) onchain. The announcement was made on Tuesday at the WebX conference in Tokyo, Animoca Brands revealed in a post on X. Animoca’s co-founder and chairman,…

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James Wynn Liquidated on 10x DOGE bet, as he prepares to ‘go max long’

James Wynn Liquidated on 10x DOGE bet, as he prepares to ‘go max long’

Crypto millionaire James Wynn said the August market downturn was ending, even after his latest memecoin liquidation by an alleged market maker “cabal.” Wynn was liquidated on his recent 10x leveraged long position that was betting on a Dogecoin (DOGE) price appreciation, losing $22,627, according to blockchain data platform Onchain Lens’ Monday X post. That…

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Bitcoin’s “4K Top” Fears Dismissed as 30/30 BTC Peak Indicators Stay Neutral

Bitcoin’s “$124K Top” Fears Dismissed as 30/30 BTC Peak Indicators Stay Neutral

Key takeaways: Bitcoin’s $124,500 high is unlikely to be the cycle top, with all 30 peak indicators still neutral. Recent losses show new investors capitulating as seasoned holders are unfazed. Holding above the 20-week EMA keeps Bitcoin’s path open toward $150,000. Bitcoin’s (BTC) retreat from its record highs is fueling concerns over whether the market…

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