Yen Stablecoin Launches by Japan’s Megabanks
Japan’s largest banks, @MUFG, SMBC, and Mizuho, collaborate on a yen-backed stablecoin framework targeting Japan’s 2026 fiscal year; regulatory approval pending. #Update #Crypto
Coinbase Ditches Trading Fees for Survival
@Coinbase launched new products including derivatives and stablecoin payments, aiming to diversify revenue beyond trading fees amidst subdued crypto markets. Analysts view this as a strategic shift. #Update #Crypto $BTC
Bitcoin ETF Inflows Surge Led by Blackrock
Blackrock’s IBIT leads with $16.4M inflow as Bitcoin ETFs gain $10.1M and Ether adds $9.59M, signaling broader investor demand. #Update #Crypto $BTC
Bitcoin Layer-2s Struggle Amid Bear Market
Bitcoin layer-2s face challenges as many holders resist giving up custody for synthetic tokens; experts suggest focusing on unique Bitcoin-enabled products rather than competing with established ecosystems. #Update #Crypto $BTC
Estonia Launches AI National ID Initiative
Estonia approves plan to issue AI agents digital IDs, aiming to become the first country to provide official identities for AI, enhancing accountability and action specificity. #Update #Tech
Fed Holds Firm as Inflation Surges
The Federal Reserve held interest rates at 3.5%-3.75% amid rising inflation driven by energy prices; $BTC dropped slightly as markets reacted to the decision. #Update #Crypto $BTC
Bitcoin Powers New Digital Asset Stack
Michael Saylor unveils a Bitcoin-backed “Digital Asset Stack” with BTC as collateral, including credit, yield, and equity layers. The 8% yield is conceptual, not retail-ready. #Update #Crypto $BTC
Fed Holds Rates Steady Under Chairman Warsh
The Federal Reserve held its benchmark fed funds rate steady at 3.50%-3.75% under new Chairman Kevin Warsh, with markets anticipating potential future rate hikes amid persistent inflation. #Update #Crypto $BTC $ETH
Kalshi Launches New Software for Market Surveillance
@Kalshi partners with @StarCompliance to enhance monitoring of employee trading on prediction markets amid insider trading scrutiny. This follows legal challenges from multiple states over market regulations. #Update #Crypto
Bitcoin Rally to $1M as Billionaire Invests 70%
Mexican billionaire Ricardo Salinas Pliego invests 70% of his portfolio in Bitcoin, predicting a rise to $1 million, as BTC struggles near $65,900 amid concerns over Bhutan’s $34.61M selloff. #Update #Crypto $BTC
AI Failing LGBTQ Users Warns GLAAD
GLAAD warns AI systems amplify anti-LGBTQ bias, urging stronger oversight and collaboration with advocacy groups to prevent discrimination in housing, employment, and healthcare. #Update #AI
Bitcoin Gains as Salinas Invests Millions
Mexican billionaire Ricardo Salinas increases his bitcoin holdings to 80% of his liquid portfolio, up from 70%, amid recent market dip. #Update #Crypto $BTC
US Lawmakers Oppose Sam Bankman-Fried Pardon
Two US senators, Cynthia Lummis and Rubén Gallego, oppose any presidential pardon for Sam Bankman-Fried, asserting it would undermine accountability for financial fraud. #Update #Legal
Bitcoin Taxation Begins in Illinois Controversy
Illinois Governor JD Pritzker signs a law enacting a 0.2% digital asset tax starting in 2027, potentially generating $60 million annually, criticized as “punitive” by Crypto Council for Innovation. #Update #Legal