News
Circle Urges EU to Reassess Stablecoin Thresholds for Digital Euro Future
Stablecoin issuer Circle is lobbying the European Union to ease proposed market capitalization thresholds for euro-denominated digital currencies within its new regulatory framework. The firm argues that current limits are too high, preventing even its EURC stablecoin from being utilized for settlement and potentially stifling innovation in the region.
Bitcoin’s Mining Concentration Highlighted by Rare 2-Block Reorganization
A rare two-block reorganization event recently unfolded on the Bitcoin blockchain, sparking discussions about mining pool influence. At block height 941,881, Foundry's chain effectively replaced blocks previously mined by AntPool and ViaBTC, drawing attention to the distribution of hashing power, particularly after a recent drop in mining difficulty.
Crypto Defies Turmoil: Bitcoin, Ether Surge Amid Middle East Tensions
As traditional markets wavered and oil prices soared on reports of escalating Middle East conflicts, major cryptocurrencies like Bitcoin, Ether, and Solana demonstrated unexpected resilience, moving higher. This counter-intuitive rally sparks questions about digital assets' role amidst global instability.