Two men slashed by machete-wielding attacker at NYC subway station: cops

'I Don't Have Time to Try to Convince You' — Satoshi's Famous Phrase Turns 16

cryptonews.ruHace 10 min(s)

DOGE Creator Shares Most Memorable Use Case of His Memecoin

The creator of Dogecoin, Billy Markus (also known as Shibetoshi Nakamoto), recently shared his most memorable use case for the meme cryptocurrency. He recalled that in July 2022, he paid for a ride in the Las Vegas Loop, a tunnel transportation system operated by Elon Musk's The Boring Company, using Dogecoin ($DOGE). Markus emphasized that this practical transaction, moving beyond mere trading, proved the coin's real-world utility and outweighed any other crypto-related activity he had ever done. He shared this story in response to a social media prompt asking about unusual crypto uses over the weekend, noting the purchase wasn't recent but remained his best blockchain memory. In other recent comments, Markus criticized the prolonged crypto bear market as "boring." Currently, DOGE is trading around $0.07066 with a market cap of $12.07 billion. The co-founder is known for his blunt critiques, having previously called most cryptocurrencies "garbage" and mocked industry figures for excessive Bitcoin enthusiasm.

cryptonews.ruHace 11 min(s)

USDT Supply Shrinks by $5.5 Billion While Stablecoin Turnover Hits Record High

The supply of stablecoins has contracted for the first time in years, with total market capitalization falling 4.3% from its May peak to $308.5 billion. Despite this decline, June saw a record $1.83 trillion in adjusted transaction volume for stablecoins, a 60% increase from May. This divergence suggests a shift in usage patterns: less capital is sitting idle, while the remaining supply circulates more rapidly through payment and trading systems. Specifically, the supply of Tether's USDT decreased from approximately $189.54 billion to $184 billion between May 1 and July 29, while Circle's USDC supply fell from $77.27 billion to $72.41 billion. Part of this capital appears to have moved into tokenized Treasury products, a sector whose value has grown to over $16 billion, partly driven by regulations like the 2025 GENIUS Act that prohibit interest payments on payment-focused stablecoins. Transaction velocity is emerging as a key metric, with stablecoins now turning over about six times per month—double the rate from two years ago. USDC, despite having a smaller supply than USDT, processed about $1.21 trillion in adjusted volume in June, leading in settlement activity. While a significant portion of on-chain volume may not represent genuine economic payments, identifiable real-world payments have grown sharply, reaching an estimated $390 billion in 2025. The data indicates stablecoins are evolving from static collateral into active financial infrastructure.

cryptonews.ruHace 16 min(s)

Morgan Stanley's MSSE ETF Raises $5 Million on Launch Day, Ether ETFs Surpass Bitcoin in Daily Inflows with $14.5 Million

On July 28, institutional cryptocurrency demand showed further divergence. Ether (ETH) exchange-traded funds (ETFs) continued to attract capital with a net inflow of $14.53 million, led by BlackRock's ETHB and Morgan Stanley's new MSSE fund, which saw a $5.15 million inflow on its debut. In contrast, Bitcoin ETFs experienced their fourth consecutive day of net outflows, totaling $49.75 million, primarily from BlackRock's IBIT. Solana (SOL) ETFs faced a sharp net outflow of $18.07 million, while ETFs for $HYPE recorded outflows for a fourth day. XRP products saw no net flows. Overall, the data indicates a selective market where Ether is gaining favor, while Bitcoin, Solana, and $HYPE face selling pressure.

cryptonews.ruHace 16 min(s)

Bitcoin Traders Push Price Back to $64,400 After Fed Decision Calms Markets

On July 29th, Bitcoin's price fluctuated amid market reactions to an Iranian strike on a U.S. base in Jordan and the Federal Reserve's decision to hold interest rates steady. After trading between $63,500 and $64,000, Bitcoin jumped to $64,500 by 4 a.m. EST. It later consolidated around $64,000 but plunged below $63,700, erasing earlier gains. Following the Fed's widely expected decision to maintain rates, Bitcoin surged back to $64,400 and stabilized near $64,200. This late rally resulted in just a 1% daily decline, with Bitcoin's market cap reaching $1.29 trillion. Leveraged position liquidations were relatively low, totaling over $38 million for Bitcoin and nearly $322 million across the broader crypto market, with short positions bearing the brunt. Initial pressure came from renewed Middle East tensions, which spiked oil prices. However, market focus quickly shifted to the Fed's policy meeting. While the immediate decision calmed markets, the committee left the door open for potential rate hikes later in the year. For Bitcoin, this suggests that future price increases will likely depend on internal catalysts like institutional adoption, ETF inflows, or protocol upgrades, rather than favorable broader macroeconomic trends.

cryptonews.ruHace 20 min(s)