Western Union Eyes Stablecoins as Remittance Giants Face Outward Pressure
Western Union joins a growing list of firms exploring stablecoins as the GENIUS Act brings new clarity to U.S. regulations.
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Bitcoin and Ethereum ETFs lose almost $400M but institutional interest still active
Spot Bitcoin and Ethereum ETFs posted important outflows of almost $400 million on Sept. 4, extending the asset class’s week of uneven efficiency. According to SoSoValue data, Bitcoin ETFs reversed a two-day streak of inflows and closed with $227 million in web outflows. Investor pullback was most evident throughout flagship merchandise, as Fidelity’s FBTC noticed…
- Bitcoin seller exhaustion ‘likely’ as trader eyes $115K BTC price dip
Bitcoin can still surpass all-time highs, but doubts surface over how quickly bulls can get past the latest sub-$120,000 consolidation phase.
Bitcoin’s volatility drops below Nasdaq 100 firms as maturation marks milestone
Bitcoin is now much less unstable than practically each firm within the Nasdaq 100, based on new research from CEX.io According to the agency, each firm within the Nasdaq 100 at the moment displays larger realized volatility than Bitcoin on a three-month foundation, with the development extending to each shorter and longer time horizons. In…
Ethereum staking exit queue hits record high of over $4.6 billion
Ethereum’s staking system is under mounting pressure as withdrawals outpace new deposits, with the exit queue reaching its highest level. Validator queue data shows that as of Aug. 27, more than 1,023,560 ETH, worth roughly $4.6 billion, had been lined up for withdrawal from staking. By contrast, only 580,637 ETH, valued at about $2.6 billion,…
