NFT Market Rebounds After $1.2B Wipeout in Friday’s Crypto Crash

The non-fungible token (NFT) market showed early signs of recovery after a steep sell-off wiped out about $1.2 billion in market capitalization during the crypto market crash on Friday.  According to CoinGecko data, the sector’s overall valuation fell from $6.2 billion on Friday to $5 billion on Saturday. This erased almost 20%, or about $1.2 … Read more

Stablecoins hold up crypto liquidity amidst market crash

Matrixport noted that stablecoin inflows have continued to dominate the market in spite of the crash, signaling that the crypto cycle is still going strong amidst volatility. Summary Despite recent market crashes and increased short positions from whales, the stablecoin sector has remained resilient, with USDT and USDC collectively generating $74 billion in new inflows. … Read more

Stripe Launches USDC Recurring Subscription Payments on Polygon, Base

Key Notes Smart contracts enable wallet authorization for automatic recurring debits, eliminating manual transaction approvals for each payment cycle. Bridge subsidiary applies for OCC national bank trust charter, joining Circle, Ripple and Paxos in pursuing federal regulation. Stablecoin market reaches $293 billion capitalization with $3.7 trillion monthly transfers across 29 million active addresses. Financial technology … Read more

Retirement Portfolios Are About to Pump Your Crypto Stack: Here’s Why

Washington’s latest retirement push could send fresh 401(k) money toward Bitcoin sooner than expected. House Republicans on Tuesday introduced the Retirement Investment Choice Act, a bill that would turn President Donald Trump’s August executive order into law.  The proposal formally opens the door for retirement plans to include “alternative assets,” such as funds investing in … Read more