Web3 gaming giant Animoca Brands has partnered with decentralized finance platform Solv Protocol to help large Bitcoin holders in Japan generate yield from their holdings. The partnership aims to combine Solv’s infrastructure with Animoca Brands’ institutional network to target corporations and listed entities with large Bitcoin (BTC) treasuries, according to a statement shared with Cointelegraph … Read more
Prediction markets are emerging as a new battleground in the crypto economy, where the best-informed traders are competing against casual retail bettors for profits. Most users are behaving more like sports bettors than disciplined traders, according to a Tuesday report from research firm 10x Research, which said they are trading “dopamine and narrative for discipline … Read more
A Trump-themed crypto mobile game, created by Bill Zanker, a member of the team that helped launch the official Trump memecoin and various NFT collections, is reportedly set to be released on the Apple App Store before the end of the year. The game uses Trump’s name under a licensing agreement and is being created … Read more
The race for the new US Federal Reserve chair is nearing the finish line, with US President Donald Trump reportedly set to begin interviewing finalists for the top job this week. According to a report from the Financial Times on Tuesday, Treasury Secretary Scott Bessent has presented a list of four names to the White … Read more
Bitcoin prices surged to a three-week high on Tuesday in a “much-needed rebound” that has caused traders to “FOMO back in and expect higher prices,” according to blockchain analytics firm Santiment. Bitcoin (BTC) prices jumped to $94,625 on Coinbase in late trading on Tuesday, according to TradingView, its highest level since Nov. 25. Santiment said … Read more
Stripe and Paradigm’s joint blockchain project Tempo has launched its first public testnet, marking a major step forward in launching the official layer-1 blockchain. According to a Tuesday announcement from Tempo, the open source testnet is now live with anyone being able to “run a node or sync the chain” and test out a range … Read more
Shares in Twenty One Capital (XXI), the newest crypto treasury company in the US, slid 20% on its trading debut after merging with the blank-check company Cantor Equity Partners. Twenty One Capital opened trading on Tuesday at $10.74, below the closing price of $14.27 on Monday for Cantor’s special purpose acquisition company that it merged … Read more
Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases. The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate … Read more
Introduction of stricter rules for crypto exchanges in Japan Japan is in the process of introducing significant changes to cryptocurrency regulation following renewed attention to Mt. Gox-related repayment activity in 2024. The Financial Services Agency (FSA) plans to introduce new rules requiring cryptocurrency exchanges to maintain special “liability reserves” to protect customers if their assets … Read more
Hong Kong has launched a public consultation on how to implement the international Crypto-Asset Reporting Framework, or CARF, as it moves to bring crypto tax data sharing in line with global standards. According to a Tuesday news release, Hong Kong is seeking input on both the implementation of CARF and changes to tax reporting standards. … Read more