Geopolitical tensions and evolving trade policies continue to shape cryptocurrency markets as stablecoin giant Circle prepares for its landmark NYSE listing. The company behind USDC has increased both share count and price range, signaling strong institutional confidence in the stablecoin sector despite ongoing regulatory uncertainty. Meanwhile, industry associations have issued a joint statement urging lawmakers … Read more
Litecoin LTC edged higher, climbing 2.1% in the last 24 hours and breaking through the $90 resistance level. The move came as global markets grappled with rising geopolitical friction and a shifting macroeconomic outlook. LTC briefly pierced the psychologically significant $90 threshold during early trading hours. While prices retreated slightly, the overall trend remains bullish, … Read more
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3122.04, up 2.5% (+75.55) since 4 p.m. ET on Monday. All 20 assets are trading higher. Leaders: SOL (+5.6%) and NEAR (+4.9%). Laggards: LTC (+0.6%) and BTC (+1.0%). The … Read more
K33, a Sweden-based digital asset brokerage and research firm, announced its first transaction under a newly launched bitcoin treasury strategy with the acquisition of 10 BTC for approximately SEK 10 million ($1 million). This marks the initial step following K33’s commitment of SEK 60 million ($6 million) toward bitcoin investments. CEO Torbjørn Bull Jenssen commented … Read more
Yuma, a development studio and accelerator for decentralized AI (deAI) network Bittensor, has partnered with the University of Connecticut (UConn) to create a building program focused on pooling together specialized machine learning called “BittBridge.” The partnership with Yuma will give a student-led team the opportunity to work toward operating and developing a project on Bittensor … Read more
Global cryptocurrency exchange Kraken has unveiled a prime brokerage service for institutional crypto traders, offering best execution, deep liquidity, financing and 24/7 white-glove support, the company said on Tuesday. Kraken Prime offers access to liquidity representing over 90% of the digital asset market across more than 20 global venues, with round-the-clock support from an experienced … Read more
Stablecoin issuer Tether has announced a strategic investment in Orionx, a cryptocurrency exchange based in Chile that operates in Peru, Colombia, and Mexico. The investment closes Orionx’s Series A raise, which was led by Tether. The exchange also raised an undisclosed amount in 2023 in a round led by Bitfinex, Tether’s sister company. Tether will … Read more
Robinhood (HOOD) has completed the acquisition of European crypto exhange Bitstamp for $200 million. The logos on Bitstamp’s website and app have been updated to read “Bitstamp by Robinhood.” The deal, which was first announced in June of last year, gives Robinhood an entry into the global crypto trading market, both retail and institutional. Founded … Read more
Activity on the XRP Ledger, a decentralized public blockchain designed for quick, cost-effective real-time transfer of XRP, fiat currencies and other digital assets, has slowed considerably since the first quarter. The number of payment transactions, representing the transfer of value from one account to another, dropped to 320,747 at press time, the lowest since October … Read more
BCP Technologies, a cryptocurrency company registered in the UK, is claiming bragging rights for issuing the first stablecoin denominated in British pound sterling, Tokenised GBP (tGBP), under the UK’s regulatory ambit. The launch of tGBP follows a 14 month review including one month participation in the FCA regulatory Sandbox, which concluded on 31 May, the … Read more
