90% of Brazil’s Crypto Flow Is Stablecoins—What’s Driving This Trend?

90% of Brazil’s Crypto Flow Is Stablecoins—What’s Driving This Trend?

Source: Bitcoinist Brazil’s central bank chief Gabriel Galipolo recently highlighted a significant rise in cryptocurrency adoption across the country. Speaking at a Bank for International Settlements event in Mexico City, Galipolo noted that over the past two to three years, the volume of crypto transactions has surged dramatically. Interestingly, he estimated that around 90% of…

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Bitcoin Address Activity Turns Negative As HODLing Dominates For Nearly Two Years – What’s Different This Cycle? | TheSpuzz

Bitcoin Address Activity Turns Negative As HODLing Dominates For Nearly Two Years – What’s Different This Cycle? | TheSpuzz

Source: Bitcoinist Bitcoin is currently trading below the $100K mark, with no clear trend in sight. After an intense period of volatility, bulls lost control last weekend, failing to sustain momentum for a breakout above all-time highs. However, bears also lack the strength to push the price significantly lower, leaving BTC in a state of…

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Kentucky Becomes Latest State To Propose Bitcoin Reserve Bill – Key Details | TheSpuzz

Kentucky Becomes Latest State To Propose Bitcoin Reserve Bill – Key Details | TheSpuzz

Source: Bitcoinist Bitcoin (BTC) frenzy is sweeping across the US following Donald Trump’s victory in the November presidential election, with Kentucky becoming the latest state to introduce legislation aimed at establishing a Bitcoin reserve. Kentucky Joins The Bitcoin Reserve Club Kentucky has become the 16th US state to introduce legislation seeking to create a Bitcoin…

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Shiba Inu Burn Rate Crashes 61%, Trading Volume Falls Below 0 Million, Why Are Bearish Indicators Piling Up? | TheSpuzz

Shiba Inu Burn Rate Crashes 61%, Trading Volume Falls Below $400 Million, Why Are Bearish Indicators Piling Up? | TheSpuzz

Source: Bitcoinist Shiba Inu (SHIB), the second-largest meme coin by market capitalization, faces severe downside momentum as several technical indicators turn bearish. As the market enters a correctional phase due to the decline in Bitcoin, Shiba Inu records a 61% decline in burn rate while its trading volume falls below $400 million.     Multiple Shiba Inu…

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XRP ETF Race Heats Up: Ripple CEO Highlights 19b-4 Submissions

XRP ETF Race Heats Up: Ripple CEO Highlights 19b-4 Submissions

Source: Bitcoinist On Thursday, the Chicago-based Cboe Exchange filed four separate 19b-4 applications with the US Securities and Exchange Commission (SEC), seeking approval to list and trade spot XRP exchange-traded funds (ETFs) proposed by WisdomTree, Bitwise, 21Shares, and Canary. The submissions mark the latest step in the regulatory process—following initial S-1 filings—and, if successful, could…

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