After losing $35.84 million on a long ETH position, a whale switched to a $200 million short position in BTC and ETH.

US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law.

Intro The search for the next breakout cryptocurrency is intensifying as we move deeper into 2025. Among the emerging names, MAGACOIN FINANCE has drawn significant attention after hitting a $13.5 million valuation. Analysts are beginning to compare its trajectory to the early growth stages of Cardano (ADA) and Solana (SOL), both of which transformed from […]

The post Euro stablecoins are 0.15% of the market. Here’s how Europe catches up appeared on BitcoinEthereumNews.com. The following is a guest post and opinion of Eneko Knörr, CEO and Co-Founder of Stabolut. Months ago, in an op-ed for CryptoSlate, I warned that the EU’s flagship crypto regulation, MiCA, would achieve the opposite of its goals. I argued it would strangle euro innovation while cementing the US dollar’s dominance for a new generation. At the time, some thought this was alarmist. Today, with grim validation, the same concerns are being echoed from within the European Central Bank itself. In a recent blog post, also highlighted by the Financial Times, ECB advisor Jürgen Schaaf described the state of the euro-denominated stablecoin market as “dismal” and warned that Europe risks being “steamrollered” by dollar-based competitors. This warning comes at a critical time. In the traditional global economy, non-USD currencies are the lifeblood of commerce. They account for 73% of global GDP, 53% of SWIFT transactions, and 42% of central bank reserves. Yet, in the burgeoning digital economy, these same currencies are nearly invisible. The world’s second most important currency, the euro, has been reduced to a digital rounding error. By the Numbers: A Digital Chasm The data reveals a startling disconnect. While privately issued, dollar-denominated stablecoins command a market capitalization approaching $300 billion, their euro-denominated counterparts struggle to reach $450 million, according to data from CoinGecko. That’s a market share of just 0.15%. This isn’t a gap; it’s a chasm. It means that for every €1 of value transacted on a blockchain, there are nearly €700 in US dollars. This dollarization of the digital world presents a profound strategic risk to Europe’s monetary sovereignty and economic competitiveness. MiCA’s Billion-Euro Handbrake The EU’s landmark Markets in Crypto-Assets (MiCA) regulation was intended to create clarity, but in its ambition to control risk, it has inadvertently built a cage. While its framework…