Global

Bitcoin, the dominant cryptocurrency globally, has yet to reach its previous record highs despite a period of relative stability in the market. A novel explanation for this challenge has emerged from crypto research firm 10x Research. They suggest that a decline in the creation of stablecoins is a significant contributing factor.

Cryptocurrency exchange giant Binance is making waves with a bold claim: mainstream adoption of crypto has arrived. According to Binance, the number of crypto users has surpassed the "early adopters" stage and is now firmly in the "early majority" phase.

The cryptocurrency market is currently experiencing a state of cautious stasis as investors adopt a wait-and-see approach ahead of key economic data releases from the United States. This data, expected later this week, could significantly influence the global financial landscape, including the cryptocurrency sector.

As the world adapts to the complexities of the digital age, Baby Boomers are emerging as a surprisingly influential demographic in the cryptocurrency arena. Traditionally linked with conventional wealth and investment approaches, Boomers are now becoming significant players in the growing crypto market. Their participation not only brings substantial capital but also adds stability and credibility to this rapidly developing sector.

Move over Dogecoin and Shiba Inu, there's a new frog in town – and it's hopping mad (with joy)! The memecoin Pepe defied the recent crypto slump this weekend, experiencing a surge in trading while the rest of the market remained stagnant.

Saudi Arabia has taken a significant leap towards the future of international trade by joining the mBridge Initiative, a collaborative effort led by the Bank for International Settlements (BIS) Innovation Hub. This initiative focuses on developing a robust infrastructure for cross-border payments using central bank digital currencies (CBDCs).