Bitcoin touched $77,711 intraday before recovering to near $78,225, spending a second consecutive session under macro stress as US Treasury yields held near multi-month highs. The 10-year yield reached 4.599%, while the 30-year climbed 11.8 basis points to 5.131%, its highest level since May 2025. BTC is down 3.9% from its May 15 opening above…
Attorney Charles Gerstein filed a claim in Manhattan federal court Thursday seeking to force Tether to transfer 344,149,759 USDT, roughly $344 million, frozen at two Tron wallet addresses designated by OFAC as belonging to Iran’s Islamic Revolutionary Guard Corps. The plaintiffs, are asking the Southern District of New York to compel Tether to zero out…
After losing over $4,000 since the Thursday evening peak at $82,000, bitcoin has finally calmed at around $78,000 following yesterday’s multi-week low. Most larger-cap alts are quite sluggish on a daily scale, aside from the two largest privacy coins, which have posted impressive rebounds. BTC Settles at $78K It was less than 11 days ago…
A7A5, the Russia-linked stablecoin built to move money around banking restrictions, says faster trade settlement, yield and regional crypto infrastructure could keep it relevant even if geopolitical tensions ease.
Societe Generale plans to bring SG-FORGE’s EUR CoinVertible and USD CoinVertible to Canton Network as part of a push into collateral, repo financing, and settlement. The May 13 move puts the French bank’s stablecoin effort closer to the operating layer of institutional markets. SG-FORGE has already issued regulated CoinVertible tokens, and CryptoSlate has covered the…
The major streak that began at the beginning of the month for the spot XRP ETFs continued in the past week, as investors poured in over $60 million in net inflows for the first time in several months. At the same time, the underlying asset tried to break out again, only to be stopped at…
After dumping to $60,000 during the early February crash, bitcoin rebounded swiftly and jumped to almost $83,000 a week ago, posting a massive 38% increase. This caused many analysts to speculate whether the bear market had ended. However, the price action in the past few days has been contradictory, and BTC slipped to a two-week…