Brian Moynihan believes that approving interest payments to stablecoin holders will lead to an outflow of deposits. He mentioned an amount of up to USD 6 trillion, about one third of all funds deposited in American banks. The BofA CEO believes that this will directly affect the US economy.

A pro-America digital bank is racing toward Nasdaq with an ambitious plan to fuse traditional banking and crypto, promising faster blockchain access, new lending options, and a stablecoin-powered payments future through a high-profile SPAC merger.

Christopher Wood, a longtime bitcoin bull, just dumped his portfolio's holdings of the crypto. The Jefferies strategist said he believed quantum computing posed an existential risk to bitcoin. CRQCs, one type of supercomputer, could jeopardize as much as 50% of bitcoin's total supply, one study said.

Strategy (MSTR) stock roared above $189 this morning as renewed bitcoin strength and continued corporate BTC purchases drove demand. Shares of Strategy ($MSTR) surged more than 10% Wednesday morning, briefly climbing above $189 per share, as investors piled back into the bitcoin treasury trade.

In an era where centralized exchanges dominate cryptocurrency trading, Vexl stands out as a peer-to-peer (P2P) application designed to connect Bitcoin users within their personal networks for direct, non-custodial trades. The app facilitates buying and selling Bitcoin without intermediaries, emphasizing in-person meetings for cash exchanges while also supporting fiat transfers arranged privately between users.

As Bitcoin reaches its all-time high, traders are waiting for the peak season. Those who have heard about the alt season are actively acquiring positions in coins with an eye on growth. Exchanges release new ones every weekprojects, and a trend is emerging in the market that is causing a stir on crypto Twitter.