Key takeaways: Institutional demand and ETF inflows have thus far absorbed the redistributed BTC from Mt. Gox. Rate cuts, trade optimism, and rising global liquidity strengthen Bitcoin’s path toward $150,000–$500,000. Mt. Gox, a defunct crypto exchange, has postponed repayments to its creditors by a year and remains in control of around $4 billion in Bitcoin … Read more
With an estimated value of $100 billion, it’s hard to believe that a company like Coinbase needs to acquire new businesses to grow. But with $10 billion in cash on hand, the US’s biggest cryptocurrency exchange continues to seek out the next big opportunity in the sector. Coinbase has not been shy about writing checks … Read more
World Liberty Financial (WLFI), a crypto venture affiliated with US President Donald Trump, plans to distribute 8.4 million WLFI tokens worth about $1.2 million to early participants in its USD1 stablecoin loyalty program. The airdrop will reward users who joined the USD1 Points Program, launched two months ago to promote adoption of World Liberty’s US … Read more
What is ISO 20022, and why does it matter? ISO 20022 is a global standard that defines how financial institutions exchange information for transactions such as payments, securities and remittances. It replaces older, fragmented messaging systems with a unified, structured format that enables banks, fintech companies and payment networks across the world to communicate in … Read more
Australia’s corporate regulator has released updated guidance on digital assets, which blockchain executives have welcomed, while airing concerns on the speedy issuance of licenses. The Australian Securities and Investments Commission updated its Info Sheet 225 on Wednesday, announcing that companies offering crypto services classified as financial products will need to become a member of the … Read more
Global payments giant Visa is set to roll out support for four stablecoins across four “unique blockchains,” as the firm pushes to ramp up its crypto services. Visa CEO Ryan McInerney told investors on the company’s fourth-quarter and year-end earnings call on Tuesday that the firm will continue expanding its stablecoin offerings amid strong growth … Read more
Global payments giant Visa is set to roll out support for four stablecoins across four “unique blockchains,” as the firm pushes to ramp up its crypto services. Visa CEO Ryan McInerney told investors on the company’s fourth-quarter and year-end earnings call on Tuesday that the firm will continue expanding its stablecoin offerings amid strong growth … Read more
Ethereum’s next major upgrade, Fusaka, is now live on the blockchain’s final testnet, Hoodi, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the network. “Another smooth upgrade, another key milestone on the road to Fusaka,” Nethermind said in a post to X on … Read more
The Bank of Korea’s push for the banking sector to lead the rollout of won-denominated stablecoins lacks logic, says Dr. Sangmin Seo, the chair of the Kaia DLT Foundation. In a report released on Monday, the central bank argued that banks are already subject to strict regulations, including capital, foreign exchange, and Anti-Money Laundering requirements, … Read more
Bitcoin price continued its semi-green week for a bit today trading above $115,000 today and briefly reaching $116,077. Since then, bitcoin’s price has dumped to the mid $112,000s, according to Bitcoin Magazine Pro data. This bitcoin price movement comes as traders weigh the Federal Reserve’s upcoming interest-rate decision and renewed optimism in the U.S.-China trade … Read more