State Street Creates Specialized Fund for Dollar-Backed Stablecoins
TL;DR State Street launched the State Street Stablecoin Reserves Money Market Fund, a GENIUS Act-aligned vehicle designed for stablecoin issuers. SSCXX is a registered Rule 2a-7
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
IMF Says Stablecoins Test Nigeria Policy Framework
IMF said that stablecoins have become a meaningful cross-border payments channel in Nigeria while testing monetary and regulatory frameworks. U.S. dollar-pegged tokens reduce payment friction but
Bitwise Keeps Buying HYPE, Acquiring 77,097 Tokens Through FalconX
TL;DR Bitwise acquired 77,097 HYPE tokens worth about $5.18 million through FalconX, reinforcing attention around institutional exposure to Hyperliquid. Arkham data shows repeated BHYP Hyperliquid ETF
Ripple Reportedly Buys Stake in Flutterwave at $3.3 Billion Valuation
TL;DR Ripple reportedly bought a stake in Flutterwave at a $3.3 billion valuation, though stake size, cash consideration, closing status, and structure remain undisclosed. Flutterwave’s African
DeFi Leverage Returns to 2021 Levels, Binance Research Says
TL;DR Binance Research says DeFi’s on-chain leverage ratio reached about 38%, returning to levels last seen during the 2021 cycle. The spike was driven mainly by
HYPE Inches Closer to All-Time High Following 12% Surge
TL;DR HYPE traded around $75 after a double-digit 24-hour move, putting the token very close to its all-time high. Bitwise, 21Shares, and Grayscale HYPE products hold
Cuban Jokes About Memecoins after Armstrong Reform Post
Mark Cuban used a June 2026 X reply to poke at Coinbase CEO Brian Armstrong’s call for investor law reforms. Cuban’s answer, “just sell em memecoins,”
Bitcoin Rebounds After Bank of Japan Delivers Biggest Rate Hike in Decades
TL;DR Bitcoin rose from around $65,600 to $66,000 after the Bank of Japan raised its key rate by 25 basis points to 1%. The move was
Bitcoin Enters a High-Risk Zone as Demand Begins to Fade, Glassnode Says
TL;DR Bitcoin recovered after sliding toward $60,000, but Glassnode frames the rebound as stabilization rather than a confirmed trend reversal for now. Perpetual CVD and spot
Michaël van de Poppe Challenges Bitcoin Bottom Consensus, Reveals Top 5 Altcoins
TL;DR Van de Poppe challenged the crowded belief that Bitcoin must bottom in October 2026 below $45,000, calling the consensus vulnerable to surprise. Bitcoin traded near
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