With attention spilling into multiple other technology sectors, crypto may struggle to capture a strong, price-driving narrative, a crypto analyst says.
Galaxy Digital head of research Alex Thorn expects the banking industry to “increase their opposition efforts” following the release of the final stablecoin yield provisions.
Crypto markets splinter as miners pivot to AI, BitMine doubles down on ETH, stablecoin liquidity idles, and tokenized Treasurys reshape trading collateral.
SBI Holdings is in discussions to make Bitbank a subsidiary, adding to its push to acquire crypto exchanges amid improving regulatory clarity in Japan.