News from "Bitcoinist"

The article discusses Nigeria's SEC Director-General's support for stablecoin projects like Own.app and SUBBD, which aim to empower content creators through crypto payments and address financial instability in Africa.

Institutional interest in Ethereum (ETH) is surging, with corporations accumulating significant amounts of ETH, potentially leading to a supply shock as demand continues to grow.

Shiba Inu (SHIB) is experiencing a bullish trend with significant increases in token burns and holder commitment, alongside a price surge following Bitcoin's rise.

Stablecoins are the fastest-growing sector in the crypto market, with a $235B market cap, driven by their role in liquidity, market stability, and cross-border transactions, while US lawmakers review the Genius Act to define their legal framework.

Bitwise CEO Hunter Horsley argues that Ethereum's value extends beyond competing with Bitcoin, emphasizing its unique role in programmable finance and decentralized applications, while analysts suggest Ethereum may lead the future of crypto innovation.

The OCC, Federal Reserve, and FDIC have jointly issued guidance for banks on crypto asset custody, emphasizing compliance with existing regulations and recognizing the complexities of digital assets.

Anthony Pompliano highlights Bitcoin's recent surge to new all-time highs, attributing it to institutional buying, record inflows into BTC Spot ETFs, and Bitcoin options expiry, while expressing confidence in further price discovery.

The article discusses the controversy sparked by Solana Labs co-founder Anatoly Yakovenko's comments on decentralization, comparing Solana's network structure and performance with Ethereum's, and highlighting ongoing debates about centralization and reliability in blockchain networks.

The article discusses a crypto analyst's prediction that the PEPE cryptocurrency could surge by 75% based on a falling channel pattern, with potential breakout signals and key support levels.

Abacus Market, a major Bitcoin-powered darknet platform, has abruptly shut down, with suspicions of an exit scam by its operators.