BTC plunged 6.4% to a 24-hour low of $65,708 and ether broke below $1,900 in Asian trading on Wednesday, just hours after the MSCI All Country World Index set a fresh all-time high on the AI rally.
The company plans to offer stablecoin, weekend and holiday settlement as demand grows for real-time movement of money.
The crypto market is seeing a capital flight into dollar-linked stablecoins even as stocks and the Dollar Index remain calm.
Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes.
Coinbase Ventures, the exchange’s venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.
The digital asset firm launched OTC prediction markets trading for institutions and completed a $10 million trade tied to U.S. crypto legislation with hedge fund Arca.
The Bitmine chairman said DeFi and AI could push the Ethereum network’s value into the multi-trillion range, making current prices “future optionality at a discount”.
The firm still views bitcoin as undervalued relative to equities, but says investors are rotating into AI stocks as the opportunity cost of missing gains by holding BTC is too high.
Solstice Labs CEO Ben Nadareski says developers must act like financial managers to win back institutional trust amid ongoing security exploits.
TD Securities says “perpetual futures” are exploding beyond crypto as platforms like Hyperliquid outpace traditional Wall Street exchanges on everything from pre-IPO tech stocks to weekend oil trading.
Titan Network says its crowdsourced computing network has signed tech giants like Tencent and Alibaba as clients, saving them as much 75% on AI costs.
AI is reshaping business faster than most leaders realize, and Gary Vaynerchuk argues the biggest winners will be creative builders willing to adapt.
Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency’s nature, which creates inconsistent market behavior.
The Wall Street giant is integrating its tech platform with MoonPay’s infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank’s digital asset research head said.
Aave (AAVE), down 3.9% from Monday, was also an underperformer.
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Benchmark’s Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence’s Eric Balchunas says the broader adoption story remains intact.
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
The price of bitcoin fell to its lowest since April 7 as Strategy’s sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.
MGUSD, issued by Stripe’s Bridge, will power services across MoneyGram’s global network as stablecoins gain traction in cross-border payments.
U.S. spot bitcoin funds bled cash for 11 straight sessions through Monday, the longest redemption streak since their 2024 launch, as risk dollars rotated toward an AI-led equities rally.
