Bitcoin News: Stablecoins Overtake Bitcoin in Illicit Transactions by 2025

In a surprising turn of events, stablecoins have become the dominant force in cryptocurrency-related crimes by 2025, surpassing Bitcoin in illicit transactions. This shift marks a significant evolution in the dynamics of on-chain criminal activity, as highlighted by a recent report from Chainalysis.

Stablecoins Dominate Crypto Crimes in 2025

The year 2025 marked a significant shift in the cryptocurrency landscape, with stablecoins overtaking Bitcoin as the preferred choice for illicit transactions. According to a report by Chainalysis, stablecoins accounted for 63% of criminal transactions in 2024, highlighting a notable evolution in the dynamics of on-chain criminal activity. Despite a decrease in the total value received by illicit cryptocurrency addresses to $40.9 billion in 2024, the rise in stablecoin usage for illegal activities underscores the need for enhanced regulatory oversight. The MiCA regulations have set a global precedent for structured oversight of digital assets, aiming to curb the growing illicit activities within the crypto ecosystem.

HashKey Group 2025 Predictions: Bitcoin to Surpass $300,000, New ETFs, and More

HashKey Group has shared its predictions for 2025, highlighting potential milestones in cryptocurrency adoption, regulatory advances, and technological innovation. The firm's Chairman and CEO, Dr. Xiao Feng, described 2025 as the 'gateway to the Golden Decade of Web3,' emphasizing the importance of regulatory compliance, traditional capital inflows, and technological breakthroughs. The predictions are based on research findings from a nine-day voting period involving nearly 50,000 community members who weighed in on 16 key topics.

Texas Senator Files Bill to Establish First State-Level Bitcoin Strategic Reserve

Texas Senator Charles Schwertner has filed Senate Bill 778 (SB 778) to establish a Strategic Bitcoin Reserve. If passed, the legislation would make Texas the first state in the nation to foster economic growth and financial freedom through Bitcoin. The bill aims to position Texas at the forefront of the digital economy by owning and holding Bitcoin as a financial asset. This move could significantly impact the state's financial strategy and set a precedent for other states to follow.

Internal De-Dollarization: Study Finds 52% of Americans Prefer Crypto Over Traditional Assets

A significant shift in investment preferences among Americans has been observed, with 52% of respondents selling traditional assets like stocks and gold to invest in Bitcoin. This trend, known as internal de-dollarization, is largely driven by political changes, including the election of President Trump, which influenced 38% of Americans. The survey by ChainPlay and Storible highlights that 68% of Americans now own cryptocurrency, indicating a major change in investment strategies despite market volatility.

These Alts Post Biggest Gains as BTC Price Touched $101K (Market Watch)

The expected volatility after the CPI announcement yesterday indeed reached the crypto markets, but it was in the opposite direction of what many anticipated. Instead of slumping once again as it did at the start of the business week, BTC’s price headed north and tapped a weekly high before it was stopped. Briefly exceeding $100K, the primary cryptocurrency saw a violent start to the current business week, plummeting from $96,000 to under $90,000 in hours. However, it bounced back to $97,000 by Tuesday and surged further after the CPI numbers were announced.