Finance

Brazil’s central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances. BCB Resolution No. 561, published April 30, updates rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule takes effect October 1, with adaptation deadlines running into 2027. … Read more

Prediction markets are shifting from one-off bets tied to major events into platforms driven by daily user engagement, according to a new report from Bitget Wallet in partnership with Polymarket. Trading volume on Polymarket reached $25.7 billion in March, but the report points to a deeper change in behavior. Based on activity from 1.29 million … Read more

Bitcoin’s quantum computing concerns have always had a Satoshi problem inside it. Millions of bitcoin sitting in old wallets with exposed public keys could be vulnerable to theft if powerful enough quantum computers arrive. That includes the roughly 1.1 million bitcoin attributed to pseudonymous creator Satoshi Nakamoto, currently worth around $84 billion. The obvious defense … Read more

The S&P 500 just closed at another record high while bitcoin made another run to the $80,000 level earlier Saturday. The largest crypto traded at $78,180 in Asian hours Saturday, up 0.8% on the week and recovering from a Wednesday low near $75,500 that came on the back of fresh Iran military escalation reports. The … Read more

Galoy is widening its push into U.S. banking at a moment when many institutions still wrestle with how, or whether, to bring Bitcoin into their product stack.  Ahead of this week’s Bitcoin 2026 conference in Las Vegas, Galoy unveiled an expanded version of its Bitcoin-native core banking platform, aiming to turn a fragmented set of … Read more

JP Richardson, co-founder and CEO of Exodus Movement (NYSE American: EXOD), opened part of the Exodus Summit today in Omaha, Nebraska, with an announcement about where he thinks the company’s customers already are. Exodus is becoming the official payments partner of the UFC, Richardson said, with the partnership going live June 1.  This launch coincides … Read more

On stage, co-founder and CEO JP Richardson opened by talking about the company’s derailment at the New York Stock Exchange in May 2024, when Exodus flew 130 employees, friends, and family to Manhattan only to learn the night before that regulators had pulled its listing.  He described the reversal as a rule change at “the … Read more

Shares of Strategy (NASDAQ: MSTR) surged roughly 9% on Friday as Bitcoin clawed back to the $78,000 level. This movement comes just days after Executive Chairman Michael Saylor delivered a headline-grabbing keynote at the Bitcoin 2026 conference in Las Vegas. MSTR climbed above $180 per share during Friday’s session, building on a prior close near … Read more

Tether, issuer of the largest stablecoin by market capitalization, said first-quarter net profit was $1.04 billion and excess reserves increased to a record $8.23 billion. The company did not provide year-earlier or fourth-quarter figures. It reported a net profit of more than $10 billion for all of 2025. The amount of the dollar-pegged USDT in … Read more

Bitcoin BTC$78,461.61, the largest cryptocurrency, is set to surge in the next four years, propelling its market capitalization to $16 trillion by 2030, Ark Invest said in its annual research report, Big Ideas. The more than 10-fold growth — market cap is currently about $1.5 trillion — will be driven by accelerated institutional adoption and … Read more