The digital credit market faced a significant selloff, with Strive CEO Matt Cole attributing the decline to forced leverage liquidations rather than weakening credit fundamentals.
Fidelity Investments is launching a new money market fund aimed at managing reserves for stablecoin issuers, following a similar initiative by State Street. This move highlights the increasing competition among traditional asset managers in the expanding stablecoin market.
Kentucky is challenging the Trump administration's stance on prediction markets by suing leading firms in the sector for operating without proper licenses. This legal battle highlights a conflict between state and federal regulatory views on sports betting.
The recent shutdown of Botanix has sparked critical reflections among Bitcoin developers regarding the demand for programmable BTC amidst a challenging market landscape.
Coinbase is adapting to the current crypto downturn by diversifying its offerings beyond trading fees, focusing on derivatives, stablecoins, and artificial intelligence to create a more robust financial platform.
BitGo's stock surged by up to 20% after announcing a $50 million share buyback, despite remaining over 65% below its IPO price. The firm aims to leverage upcoming European crypto regulations with its regulated infrastructure services.
Moody’s Ratings has announced the integration of its credit ratings onto the Solana blockchain, aimed at enhancing the adoption of tokenized assets among institutional investors.
This week's newsletter highlights the evolution of digital asset markets through trusted indexes and discusses the diminishing divide between traditional finance and crypto, featuring insights from industry experts.
The cryptocurrency sector is expressing outrage over Illinois' new 0.2% tax on digital asset transactions, which was hastily added to the state budget and is set to take effect on January 1, 2027.
On Tuesday, Hyperliquid's HYPE, Uniswap's UNI, and Worldcoin's WLD saw significant gains, defying the broader crypto market's stagnation. The tokens are benefiting from trends in AI and DeFi, drawing investor interest amid a challenging market environment.
U.S. senators are pressing the Treasury to ensure states are included in the GENIUS Act's stablecoin framework, emphasizing the need for clear guidance on regulatory processes.
VanEck's latest report reveals that Bitcoin miners transitioning to AI infrastructure face a staggering $50 billion funding gap, with long-term capital needs reaching up to $221 billion. Investors are increasingly concerned about the execution risks rather than just contract announcements.
Strategy's STRC stock is plummeting due to dividend concerns and competition from Strive's SATA, which is attracting investors with better yields and daily payouts.
Binance maintains that its EU regulatory application meets compliance standards, despite reports suggesting its rejection by the Greek regulator HCMC. The company has been pursuing a MiCA license for over a year and a half.
Coinbase has unveiled a diverse range of products aimed at establishing itself as an all-in-one financial platform, including AI tools, stock trading, and pre-IPO markets.