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Western Union and MoneyGram app usage drops as stablecoin adoption surges

Traditional remittance giants like Western Union and MoneyGram are struggling to keep pace in an evolving financial ecosystem increasingly shaped by stablecoins. According to Matthew Sigel, Head of Digital Assets Research at VanEck, downloads of remittance giants apps have dropped significantly, with Western Union seeing a 22% decline and MoneyGram experiencing a 27% reduction. дальше »

2025-1-7 15:26


Bitcoin ‘seller pressure’ drags Coinbase premium index to 12-month low - What’s next?

Coinbase Premium Index dropped to levels last seen in 2022.  BTC climbed above $96.8K and could set its eyes on $99K.  The U.S. investors’ appetite for Bitcoin [BTC], as measured by the The post Bitcoin ‘seller pressure’ drags Coinbase premium index to 12-month low - What’s next? appeared first on AMBCrypto. дальше »

2025-1-5 06:00


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Bitcoin tumbled to $95k after $540 million in long liquidations

Bitcoin’s stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23. While pullbacks ranging from 20% to as high as 30% are commonplace dulling bull rallies, this price reversal was accompanied by a cascade of long liquidations, which further […] The post Bitcoin tumbled to $95k after $540 million in long liquidations appeared first on CryptoSlate. дальше »

2024-12-24 05:00