Author: Saanjana Nikita

Stablecoin balances held on centralized crypto platforms have surged, with Binance now controlling the clear majority. The exchange currently holds more than $45 billion worth of dollar-pegged digital assets, accounting for roughly 65% of all USDT and USDC stored in exchange-managed wallets across the industry. That percentage reflects stablecoins held directly in addresses controlled by exchanges, not user self-custody. Based on recent data, Binance alone holds approximately $47.5 billion in USDT and USDC, representing growth of about 31% over the past year. Other major platforms trail well behind. OKX holds close to $9.5 billion in stablecoins, while Coinbase sits at…

CME Group has confirmed it will begin offering 24/7 trading for cryptocurrency futures and options starting May 29, with markets opening at 5:00 p.m. ET. While the exchange first revealed plans for continuous crypto trading in October 2025, this is the first time it has announced a firm launch date. According to the company, the new crypto futures and options markets will operate nearly nonstop on CME Globex, subject to regulatory approval. Trading will pause each week briefly for routine system maintenance, with at least a 2-hour window scheduled over the weekend. Tim McCourt, Global Head of Equities, FX, and…

Microsoft revealed plans to commit $50 billion toward expanding its artificial intelligence infrastructure across parts of the Global South. The announcement came during an AI-focused summit held in New Delhi, attended by senior executives and government leaders from around the world. Notably, Nvidia CEO Jensen Huang withdrew from the event at the last minute, citing unexpected circumstances. This new commitment builds on a previously disclosed $17.5 billion AI investment in India, announced last year. While the scale of Microsoft’s long-term AI ambition is clear, the added spending has sparked concern among investors, especially as technology stocks face pressure from rising…

Coinbase has broadened the list of digital assets that can be used as loan collateral, adding XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC). With this update, eligible U.S. customers can borrow up to $100,000 in USDC by locking up these tokens through Morpho, a decentralized lending protocol that powers the on-chain mechanics behind the product. Due to state-level regulations, the service is not available to residents of New York. For crypto holders who want liquidity without selling their assets, this approach offers an alternative to spot liquidation, especially for those exploring XRP-backed or Dogecoin-backed borrowing. How Crypto-Backed Loans…

World Liberty Financial (WLFI), a crypto asset associated with the Trump family, surged by more than 16% in a single day, according to CoinGecko data. The token has gained roughly 16.3% over the past 24 hours and is up close to 12% on the weekly chart. Zooming out, however, WLFI remains under pressure—down about 14% over the last two weeks and nearly 28% over the past month. The sudden move has drawn attention, especially as it runs counter to broader market weakness. Market watchers are now questioning what’s fueling the spike and whether it has staying power in an ongoing…

Pi Network’s native token, Pi Coin (PI), has emerged as one of the strongest performers in the crypto market this week. Market data from CoinGecko shows PI climbing roughly 5% over the past 24 hours, around 40% on the weekly chart, and nearly 18% over the last two weeks. This rapid rise places Pi Coin ahead of several major cryptocurrencies, including Bitcoin, Ethereum, and XRP. With momentum clearly on its side, many investors are now asking whether PI’s rally still has room to run. What’s Fueling Pi Coin’s Recent Breakout? The broader crypto market saw renewed buying interest over the…

Bitcoin extended its recent pullback on Tuesday, slipping more than 2% to trade near $67,000 as global markets showed renewed signs of risk aversion after the U.S. holiday break. The move comes during a rough month for crypto, with bitcoin down roughly 30% from recent highs. The decline has reignited a familiar debate among traders: is the market nearing a durable bottom, or is there more downside still to come? Risk Aversion Spreads Across Markets The weakness in digital assets arrived alongside pressure in technology shares. Software and growth-focused stocks led losses, dragging major tech indices lower, while defensive areas…

A newly released survey from Bank of America suggests that sentiment toward the U.S. dollar has turned sharply negative, reaching its most pessimistic level in years. The survey shows investors holding record-high short positions against the dollar, signaling widespread expectations of further weakness and heightened volatility ahead. Dollar Positioning Reaches Extreme Levels According to Bank of America’s latest FX and rates sentiment data, exposure to the U.S. dollar has fallen to historic lows. Investors are increasingly positioning for downside, reflecting a growing belief that the dollar’s best days may be behind it. This marks the most bearish positioning seen…

Gold and silver are surging to unprecedented levels as precious metals continue to show strong bullish momentum. With the US dollar index sliding and both cryptocurrency markets and broader equities facing pressure, metals are emerging as one of the few sectors holding firm. Their upward movement appears to strengthen with time. While US equities rally on the back of rapid AI integration, new forecasts suggest that gold and silver may be headed for dramatic price increases in the coming years. Gold Could Reach $8,000 Here’s the Timeline Recent pullbacks in gold and silver prices have made investors more cautious. Despite…

Data from Token Terminal shows that Ethereum staking has reached a new record high. The network now has roughly 36.8 million ETH locked, with a total value of about $74.3 billion. In addition, nearly one million validators are actively helping secure the blockchain. Ethereum’s staking participation has also hit a milestone, with more than 30% of the total ETH supply now staked. This raises an important question: could record-high staking levels drive Ethereum’s price higher? Can Ethereum’s Price Rise After Staking Reaches a Record? Strong staking metrics generally signal confidence in the Ethereum ecosystem. Investors who stake ETH are expressing…