Search results for CEX.io
Crypto
PBOC steps up scrutiny of stablecoins\' cross-border payment impact, calls for tighter rules and coordination
China\'s central bank is stepping up monitoring and tightening regulation as stablecoins could play a bigger role in cross-border payments. PBOC Research Bureau Director General Wang Xin said authorities should closely examine stablecoins\' impact on the international monetary system and cross-border settlement, and consider how regulation and international coordination should proceed. He also warned that weaponisation of payment tools could disrupt normal cross-border trade.
Crypto
SpaceX IPO: Headwind or tailwind for bitcoin?
SpaceX’s initial public offering has emerged as a variable for gauging liquidity in the cryptocurrency market. It is drawing attention over whether it will pull more capital and interest away from crypto, or whether profits after listing will flow back into risk assets. Activity has already appeared on Hyperliquid, where the SPCX perpetual futures contract saw large open interest and volume. Analysts flagged near-term liquidity pressure, while others said a strong debut could bring money back to crypto.
Crypto
Bitcoin long-term holdings near 4 million BTC, raising supply shock risk
Bitcoin held by long-term investors is nearing 4 million BTC, raising analysis that the amount of supply actually available to trade is shrinking quickly. As institutions and high-conviction buyers continue to accumulate, a renewed rise in demand could intensify supply tightness and add upward pressure on prices. Analysts also point to stronger price support as a large share of recently bought bitcoin moves into profit territory.
