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The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis organization for the EU.“Europe should not be dependent on US dollar-denominated stablecoins, which are currently dominating markets,” Gramegna said at Thursday’s hearing about the overall economic health of the eurozone, which included commentary on digital assets. He also said:“Europe should also embrace the potential for financial Innovation with stablecoins and tokenized assets. Stablecoins are an inevitable part of this equation. In a rapidly evolving financial landscape, Europe should…

Ripple just announced a new partnership in Bahrain, agreeing to help expand the kingdom’s Web3 infrastructure with pilot projects, participation in industry events, and more. This could be a golden opportunity for the firm to expand its RLUSD user base, which is still rather tiny. However, the stablecoin’s liquidity is growing quickly and could potentially reach the $1 billion mark soon.Sponsored SponsoredRipple’s Bahrain DealRipple has been making significant progress in expanding its RLUSD stablecoin recently; in the last few months, new partnerships have expanded its market access in Europe, East Asia, and across the African continent. Today, Ripple is gaining…

Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has reportedly reached a deal with the US Department of Justice that could allow him to avoid prison time.According to a Thursday New York Times report, Ver’s lawyers reached a tentative agreement with US authorities that would require the Bitcoin (BTC) advocate to pay $48 million in taxes he owed from his crypto holdings. The Justice Department charged Ver with mail fraud and tax evasion in April 2024, seeking to extradite him from Spain to stand trial.The New York Times reported that Ver has ties with…

Roger Ver, more popularly known as Bitcoin Jesus, has reached a tentative deal with the US Department of Justice over fraud and tax evasion charges. The agreement stipulates that Ver must pay $48 million in taxes he owes on his digital currency holdings to drop the charges against him.Sponsored Bitcoin Jesus Secures Provisional DealBitcoin Jesus, a leading cryptocurrency advocate, may be exonerated from charges of filing a false tax return and evading taxes.According to reports, Ver reached a provisional deferred-prosecution agreement with the Department of Justice. Under the deal’s terms, Ver would have to pay the $48 million he owes in…

Key takeaways:Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches.A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines.Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem.Multiple BNB Chain memecoins tumbled more than 30% on Thursday after posting strong gains earlier in the week. The sell-off occurred as BNB (BNB) itself recorded its first-ever $100 single-day price drop, falling to $1,246 at the time of writing. Is this the end of the BNB Chain memecoin frenzy — and were there any early signs…

Jack Dorsey, founder of payments company Square, has urged the introduction of a de minimis tax exemption on small Bitcoin (BTC) transactions to help make the cryptocurrency more suitable for everyday payments.“We want Bitcoin to be everyday money ASAP,” Dorsey said on Wednesday, following Square’s integration of Bitcoin payment services for merchants using the company’s checkout and point-of-sale systems.His comments drew attention from Wyoming Senator Cynthia Lummis, who introduced a de minimis tax provision as part of a standalone crypto tax bill in July, exempting BTC transactions $300 or under from capital gains tax with an annual exemption cap of…

The BlackRock spot Bitcoin exchange-traded fund is by far the industry leader, buying more and selling less than its competitors. The BlackRock iShares Bitcoin Trust (IBIT) has seen nearly $65 billion in aggregate inflows since its launch, surpassing the total inflows of all its competitors combined. The fund often buys when all others are at zero flows or selling, such as on Wednesday, when it purchased 3,510 BTC, while all other funds, aside from Bitwise, bought nothing. There are a few reasons for this, as explained by Arkham Intelligence. Firstly, BlackRock’s “brand image and reputation attract flows for Bitcoin,”…

New US rules to spark a wave of ETF launches.Stablecoin assets seen hitting $500 billion next year as adoption surges.Crypto is heading into 2026 with a perfect mix of regulatory green lights, supportive monetary policies, and surging institutional demand.That’s according to a new CF Benchmarks report seen by DL News, which predicts that Bitcoin will jump 20% to $148,500 by year-end. It also forecasts that exchange-traded funds will double in number to 80, and stablecoins are on track to reach $500 billion in circulation.The report says digital assets are moving into a “maturity phase” where price discovery comes from strategic…

Dogecoin (DOGE) has recently seen renewed optimism among traders following a breakout above a long-term resistance trendline. Crypto analyst Dima Potts pointed out that DOGE’s previous cycles have shown explosive growth after similar technical patterns, with past rallies multiplying the price 83x and 183x. While those historic surges were extraordinary, Potts forecasts a more conservative, yet still impressive, potential 37x increase. If the projection holds, Dogecoin could reach $11.71 by the end of 2025. These projections are based on recurring breakout cycles that have historically driven significant rallies, capturing both retail and institutional attention. This technical perspective is strengthened by…

The project announced that its NEXUS chain is now live with LayerZero, linking it to more than 145 supported networks, including popular ecosystems such as Solana, Ethereum, and Base. This integration also establishes a direct route for Cardano’s UTxO liquidity through Apex Fusion’s VECTOR chain, effectively bridging two of the most influential blockchain communities—Cardano and Ethereum—for the first time. Uniting Cardano and Ethereum Through LayerZero This collaboration marks a first in blockchain interoperability. Apex Fusion becomes the first ecosystem to connect UTxO-based networks, like Cardano, with EVM-compatible chains through LayerZero’s messaging protocol. Developers building on NEXUS can now deploy applications…