Author: CryptoDigestAlert.com
Uniswap Labs has absorbed the Guidestar team, a group operating under the radar for two years. The move aims to advance automated market maker architecture, specifically tailoring liquidity solutions for diverse assets from stablecoins to real-world assets. Summary Uniswap Labs acquires Guidestar, a stealth team led by Alex Nezlobin, to strengthen automated market maker and routing research. The acquisition builds on Uniswap v4’s flexible architecture to optimize liquidity across diverse assets, from stablecoins to real-world tokens. Guidestar’s research focuses on adapting AMMs for different market conditions and blockchain environments. According to a press release dated Oct. 6, Uniswap Labs has…
Crypto history was made today, Oct. 6, as Bitcoin smashed a new all-time high of $125,600, continuing a trend that started in April when it bottomed at $74,570. Summary Bitcoin price soared to a new all-time high on Monday. Spot Bitcoin ETFs have had substantial inflows this year. There is optimism that the Fed will start to cut interest rates. Bitcoin (BTC) jumped as Wall Street investors piled into the coin, as evidenced by soaring inflows into spot ETFs. Data show that spot BTC ETFs have crossed $60 billion in inflows, with their total assets jumping to $164 billion. BlackRock’s…
TLDR: Tether and Circle control 86% of supply, down from 91.6% in March 2024, showing pressure from new entrants. Fintechs and exchanges are steering users into white-labeled stablecoins to capture yield lost to incumbents. DeFi projects like Hyperliquid and fintech wallets like Phantom are launching stablecoins to internalize revenue. Banks can now issue stablecoins post-GENIUS, raising competition against Tether and Circle’s $245B supply share. The stablecoin market, long dominated by Tether and Circle, is starting to fracture. Once thought untouchable, the two issuers now face a wave of challengers ranging from crypto startups to traditional banks. The supply share of…
Ripple’s president says 3 trends in stablecoins are transforming global finance, accelerating blockchain adoption, strengthening institutional participation, and redefining how money moves across global payment networks. Ripple Exec Details How 3 Stablecoin Trends Are Transforming Global Finance A growing convergence between traditional finance and blockchain is redefining global payments, according to Ripple President Monica Long. […] Source link
TLDR: Ripple provided $1.3M in stablecoin to fund UC Berkeley’s new Center for Digital Assets and blockchain research. The center will study blockchain, digital twin technologies, and valuation methods for real-world and digital assets. UC Berkeley and Ripple extend their seven-year partnership with a new accelerator for XRPL blockchain startups. The center will support research, education, and digital asset innovation while nurturing global academic and industry ties. Ripple and UC Berkeley have joined forces to push digital assets into a new chapter. The university’s College of Engineering is opening a Center for Digital Assets, backed by Ripple’s $1.3 million contribution.…
TLDR: Bill S.8518 taxes energy for proof-of-work crypto mining, with rates rising above 2.25M kWh in New York. Taxes scale from 2¢ to 5¢ per kWh for crypto miners above set thresholds under new NY plan. Exemptions apply if mining uses off-grid renewable energy not tied to electric grid. All collected funds would support energy affordability programs across New York State. Crypto miners in New York may soon face a new cost shock. A state senator has introduced a bill targeting energy use in proof-of-work mining. The proposed law would levy an excise tax on electricity consumed by mining operations.…
Dogecoin (DOGE) is currently showing signs of entering one of its strongest bullish phases yet, with an analyst pointing toward a rare chart formation that could trigger a powerful upside rally. According to technical analysis, Dogecoin may be on its way to hitting new all-time highs, with $0.8 marked as the next bullish target. Related Reading Analyst Doubles Down On Bold Dogecoin Forecast A new analysis by Mikybull Crypto, a prominent market expert on X social media, reveals that Dogecoin has completed the critical phases of a Bump and Run reversal chart pattern—a setup that historically precedes explosive breakouts. With…
TLDR: FIU-IND has issued notices to 25 offshore crypto firms under PMLA for AML rule breaches. Firms like CoinW, CEX.IO, and Paxful face potential fines up to Rs 1 lakh per violation. Separate orders under IT Act 2000 seek removal of unregistered crypto apps and websites in India. Regulators warned that all crypto firms must register with FIU-IND, even without a physical office. India has turned its attention to offshore crypto companies serving local users. Regulators are pressing down harder on compliance, warning that the rules are no longer optional. The Financial Intelligence Unit (FIU-IND) is now targeting firms that…
The crypto market is always in motion. Bitcoin is currently consolidating above $119,000. Traders are looking for an altcoin that will dominate the next two years. Most tokens won’t survive the competition, but those with strong narratives, institutional catalysts, and vibrant ecosystems usually outlive the hype. The three names that are starking the noise for the year 2026 are DeAgentAI (AIA), PancakeSwap (CAKE), Coin98 (C98). Each have varied strengths, with some offering specialised AI-driven products, others crafting DeFi upgrades and some focused on regional adoption roadmaps that differ from US-centric players. At the same time, investors are also watching for…
Can BTC hold $120K and rally?
Summary Bitcoin price prediction analysts note BTC trading near $122K in early October after a quiet September, with momentum building again. BTC faces resistance at $124K, supported by strong institutional buying via spot ETFs and whale accumulation. A breakout above $124K could lead to targets at $126K. Downside risk includes a possible retest of support near $117K if selling pressure increases. Overall, the Bitcoin outlook remains bullish as long as momentum and ETF inflows continue. Bitcoin is trading near $122K in early October after a mixed and relatively “cool” September. Despite some sideways action last month, momentum is building again.…
