By Emir Abyazov Key highlights: Ethereum hit $4,889, updating its ATH with 5% weekly growth. Bitcoin mining pools Foundry USA and AntPool control 51% of hashrate. Solana set a new 107,540 TPS speed record during a stress test. Ethereum record The crypto market’s focus over the past seven days has been on US Federal Reserve […]
Tag: China
By coinspy Key Points: The rise in ERC-20 stablecoin holdings on Binance suggests investors are not exiting but instead positioning for future opportunities. Japan is preparing regulatory reforms that could classify crypto as financial products, introducing a flat 20% tax and opening the door for crypto ETFs. Ripple, in collaboration with SBI VC, plans to […]
By Emir Abyazov Key highlights: China may allow yuan-pegged stablecoins to boost its global currency influence. Conflux has already launched a CNH-backed stablecoin for cross-border payments. Policy shift challenges dollar dominance amid growing global stablecoin adoption. China is reportedly considering allowing stablecoins pegged to the yuan for the first time, signaling a major reversal […]