Key takeaway: Bitcoin (BTC) reached a weekly excessive of $110,653 on Monday, however it’s presently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions between Iran and Israel, with experiences of Israel probably making ready navy motion in opposition to Iran, have triggered a risk-off sentiment, with BTC posting a response. From … Read more
Circle’s USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to customers of the layer-1 blockchain community. In line with an announcement from Ripple, the launch of USDC on the platform will allow traders to make use of XRP as a bridge forex to switch their stablecoins between … Read more
A number of know-how corporations have joined Nillion’s newly launched Enterprise Cluster — an initiative geared toward extending decentralized functions past cryptocurrencies into privacy-focused use circumstances equivalent to healthcare, monetary administration and enterprise information sharing. As a part of the partnership, Deutsche Telekom, Alibaba Cloud, STC Bahrain and Pairpoint by Vodafone are working infrastructure nodes … Read more
Tether, the issuer of the world’s largest stablecoin by market capitalization, continues its shopping for spree with its 32% stake acquisition in Canada’s public gold royalty agency Elemental Altus Royalties. Tether Investments on Thursday introduced the acquisition of 78,421,780 widespread shares of Elemental (ELE) from La Mancha Investments, representing 31.9% of Elemental’s issued and excellent … Read more
What the August 2024 crypto crash revealed about international systemic threat Crypto markets offered off sharply in August 2024 in response to international macro dislocation attributable to Japan’s fiscal disaster, underscoring their sensitivity to liquidity shocks and systemic threat. Within the first week of August 2024, Bitcoin (BTC) plummeted almost 17% from its all-time excessive … Read more
Chainlink, JPMorgan’s Kinexys and Ondo Finance accomplished a “first-of-its-kind” crosschain supply versus fee (DvP) settlement between a permissioned fee community and a public testnet. The check concerned Kinexys Digital Funds, a permissioned community operated by JPMorgan and Ondo Chain’s testnet, which is targeted on real-world asset (RWA) tokenization, Chainlink mentioned in a Thursday announcement. The … Read more
Mercurity Fintech Holding, a Nasdaq-listed digital fintech group constructing blockchain-based cost infrastructure, plans to lift $800 million to ascertain a Bitcoin treasury reserve as extra firms undertake the cryptocurrency for strategic functions. Mercurity plans to lift $800 million to ascertain a “long-term” Bitcoin (BTC) treasury reserve, which might be built-in in its digital reserve framework … Read more
The Monetary Stability Board (FSB) is sounding the alarm on rising dangers from the crypto sector, warning that interlinkages with conventional finance are nearing a crucial threshold. Talking in Madrid on Thursday, outgoing FSB Chair Klaas Knot stated that whereas crypto doesn’t but pose a systemic threat to conventional finance, that standing might not final … Read more
Ant Worldwide reportedly plans to use for stablecoin issuer licenses in Singapore and Hong Kong, signaling rising institutional cryptocurrency adoption amongst fintech companies. Ant Worldwide, a Singapore-based unit of the Jack Ma-backed Ant Group, is getting ready to submit a license software in Hong Kong after the town’s stablecoin regulatory framework takes impact in August, … Read more
The idle energy paradox and Pakistan’s Bitcoin vitality plan As of March 2025, Pakistan boasted an put in energy capability of 46,600 MW, a slight enhance from the earlier 12 months. Virtually 14% of this capability stays idle, particularly throughout off-peak winter months when demand can drop as little as 12,000 MW. The core situation … Read more
