Business

Bitcoin holds close to $62,000 as RHODL compression signals historic market rotation

Bitcoin is currently down about 50% from its October 2025 all-time high of around $124,000. Trading near $62,000, has spent the last five months grinding sideways between $60,000 and $80,000, leaving the market in a state of apathy. But a closely watched onchain metric suggests that this quiet period could help set the stage for […]

Bitcoin holds close to $62,000 as RHODL compression signals historic market rotation Read More »

The prediction markets saw over $50 billion in volume when the World Cup started, crushing traditional sportsbooks

But the regulated US app and the global platform are fundamentally different products. The US version requires full KYC identity verification, is funded through registered futures commission traders instead of crypto wallets, and settles in US dollars. The global platform, still geoblocked to US IP addresses, has no identity checks, settles in USDC and carries

The prediction markets saw over $50 billion in volume when the World Cup started, crushing traditional sportsbooks Read More »

Credit card giant JCB teams up with Circle to bring stablecoins to brick-and-mortar stores

They highlighted that stablecoins provide a wide range of benefits, including “reducing the burden of currency exchange for inbound tourists, further improving the efficiency of fund settlement and improving cash flow for traders.” Tourists in Japan primarily use bank cards for payments, but there are spending limits that can be circumvented with stablecoins, according to

Credit card giant JCB teams up with Circle to bring stablecoins to brick-and-mortar stores Read More »

The US CFTC is moving to stop Kalshi from canceling trades as ordered by the Michigan court

The U.S. Commodity Futures Trading Commission intervened between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order refusing the company to comply with a local court’s demand to void past customer transactions. The CFTC move is intensifying its legal battle with state governments and courts over what its chairman claims is its

The US CFTC is moving to stop Kalshi from canceling trades as ordered by the Michigan court Read More »

US, UK move to align rules for tokenized finance across world’s biggest financial markets

The US and UK have laid out a plan to make it easier for tokenized financial products to move between their markets, signaling that both governments want blockchain-based finance to become a bigger part of mainstream capital markets. Published on Tuesday by the US Treasury and HM Treasury, the recommendations of the Transatlantic Taskforce for

US, UK move to align rules for tokenized finance across world’s biggest financial markets Read More »

Mizuho turns bearish on stablecoin issuer Circle, citing open USD competition

Japanese investment bank Mizuho downgraded Circle (CRCL) to underperform from neutral and cut its price target to $50 from $85, arguing that OpenUSD’s business model threatens the stablecoin issuer’s long-term financials. Circle shares were trading 0.6% lower at $62.63 at press time. Open USD, a dollar-backed stablecoin unveiled on June 30 by the Open Standard

Mizuho turns bearish on stablecoin issuer Circle, citing open USD competition Read More »

Binance Aims to Become Crypto ‘Super App’ as Stablecoins Reshape Growth

Binance believes its next phase of growth will come from payments and financial services, rather than cryptocurrency trading alone, as stablecoins reshape how people use digital assets, according to Shunyet Jan, the exchange’s head of spot trading and derivatives. In an interview with CoinDesk on Binance’s ninth anniversary, Jan outlined the strategy of Binance and

Binance Aims to Become Crypto ‘Super App’ as Stablecoins Reshape Growth Read More »

The Clarity Act is not actually a ticket to sanction evasion

Ironically, some critics of the bill have pointed to recent Wall Street Journal reports about Hong Kong exchange CoinEx as evidence of the risk. CoinEx is actually a story of how to use a public ledger to track, trace and disrupt nation-state activity. Investigators traced about $3.84 billion in transactions linked to Iran, linking wallets

The Clarity Act is not actually a ticket to sanction evasion Read More »

Scroll to Top