Footwear conglomerate Nike has quietly offloaded RTFKT, the digital collectibles studio it acquired at the height of the non-fungible token (NFT) boom, according to a report by The Oregonian. The transaction reportedly happened in December, though neither the buyer nor the financial terms have been disclosed. The quiet exit happened nearly a year after Nike … Read more
Stablecoins are shifting from a crypto native tool to a core piece of institutional market plumbing, according to a new cross-sector outlook report from Moody’s. In the report, published Monday, the ratings agency said stablecoins processed about 87% more settlement volume in 2025 than the year before, reaching $9 trillion in activity based on industry … Read more
Bitcoin hovered near $92,000 on Tuesday as analysts and traders pointed to improving technical and macro signals suggesting the cryptocurrency may have put its brutal fourth-quarter sell-off behind it. The price action comes after months of volatility that saw bitcoin fall as much as 35% from its October peak above $126,000, amid forced liquidations and … Read more
Ethereum and Solana are not only separated by questions of scalability, they are increasingly divided by competing visions of what blockchain networks must be built to withstand in the future. Recent remarks from the co-founders of each network revealed two competing definitions of “resilience,” rooted in different assumptions about risk, infrastructure and the future shape … Read more
Barclays, one of the world’s biggest banks and a systemically important global financial institution, has made its first investment in a stablecoin-related company. The United Kingdom-based bank said Wednesday it had invested in Ubyx, a US stablecoin clearing platform that aims to connect regulated issuers with banks and fintech companies. Barclays did not disclose the … Read more
RAKBank is preparing to join the United Arab Emirates’ (UAE’s) fast-evolving stablecoin ecosystem after receiving in-principle approval on Jan. 7 from the Central Bank of the United Arab Emirates (CBUAE) to issue a UAE dirham-backed payment token. In-principle approval means the CBUAE has agreed to RAKBank’s stablecoin plans subject to final regulatory and operational conditions, … Read more
In a major development for Bitcoin-focused corporations and the broader digital asset ecosystem, global index provider MSCI has concluded its review of digital asset treasury companies (DATCOs) and decided against excluding them from its flagship indexes. MSCI said the current treatment of affected companies will remain unchanged for now, meaning DATCOs already included in MSCI … Read more
Ripple’s payment token, XRP, has just been labelled by CNBC as the “new cryptocurrency darling” after gaining 25% in the first week of the new year. “The hottest crypto trade of the year is not Bitcoin, it is not Ether, it is XRP,” said CNBC’s Power Lunch host Brian Sullivan on Tuesday. XRP price surges … Read more
Gold and silver briefly reclaimed their spot as the two biggest assets by market capitalization as the new year rolled in with uncertainty. According to data from analytics platform CompaniesMarketCap, gold currently has a market cap of $31.1 trillion, sitting at the top spot. Silver, which has been trading places with Nvidia for second place … Read more
US President Donald Trump told Republicans on Tuesday he could be impeached if the party loses the US midterm elections this year. “You got to win the midterms, because if we don’t win the midterms, it’s just going to be — I mean — they’ll find a reason to impeach me,” Trump said in a … Read more