Bitcoin is regaining bullish momentum after reclaiming a key technical level that has historically marked the beginning of short-term price rallies. According to a June 25 analysis by CryptoQuant contributor İbrahim COŞAR, the cryptocurrency has moved back above its 50-day exponential moving average (EMA)—a widely followed indicator used to assess market trend reversals.

DeFi Planet·2025/06/25 13:56

Tether’s Minority Stake in Juventus Signals Push for Blockchain Integration and Board Influence

Tether, the world’s largest stablecoin issuer, has deepened its foray into mainstream sports by acquiring a minority stake in Juventus Football Club. This move marks a significant step in Tether’s broader strategy to merge digital asset technology with established industries, particularly in the realm of professional sports.

DeFi Planet·2025/06/25 13:56

Polymarket Nears $1B Valuation Amid Global Scrutiny, New Partnership With Elon Musk’s X

Blockchain-based prediction market platform Polymarket is reportedly finalizing a $200 million funding round, a move that would push its valuation to the coveted $1 billion “unicorn” status, according to sources cited by Reuters and Bloomberg.

DeFi Planet·2025/06/25 13:56

Flash

11:47
Li Lihui: If the US Fails to Address Its Twin Deficits, the Stability of Its Stablecoins May Be Affected
According to a report by Jinse Finance, the "2025 International Monetary Forum" was held on July 27. Li Lihui, former president of the Bank of China, believes that stablecoins offer innovative financial convenience but also pose systemic financial risks. He stated that the United States seeks to tie stablecoins to the US dollar to maintain its global monetary and financial dominance. If the US fails to address its twin deficits, it may affect the stability of its currency. Additionally, he pointed out that Hong Kong stablecoins could be granted more relaxed domestic access under certain conditions to support the internationalization of the renminbi. He also emphasized the need to monitor developments in decentralized financial markets, particularly those led by the US, in order to enhance China's position in the global monetary and financial system.
11:32
Stablecoin market capitalization increased by 1.64% over the past 7 days
According to Jinse Finance, data from DefiLlama shows that the current total market capitalization of stablecoins across the network stands at $265.65 billion, representing a 1.64% increase over the past seven days. Among them, USDT's market share has dropped to 61.9% (down from 62.09% last week).
11:07
Bitgo Announces Establishment of Local Office in Brazil
According to Jinse Finance, Bitgo, a US-based cryptocurrency custody service provider, recently announced the establishment of a local office in Brazil, aiming to attract clients from the banking sector interested in entering the cryptocurrency business. The company will also offer insurance services to clients using its solutions.