Stablecoins are set to transform cross-border payments, offering advantages like instant settlement and reduced costs, according to @WilliamBlair. They predict a “golden age” for stablecoin commerce. #Update #Crypto $USDC
Deren Akyeam-Pong pleads guilty to kidnapping Ontario’s “Crypto King” Aiden Pleterski, delaying co-defendants’ trial; highlights risks of oversharing crypto wealth. #Update #Legal
Bitcoin ($BTC) sees volatility after hitting $126K ATH, now trading at $112,610. Analysts suggest reclaiming $117,000 is crucial for rally continuation. #Update #Crypto $BTC
Crypto ETFs rebound with $339M inflows as Fidelity leads in Bitcoin and Ether investments after early-week sell-off. #Update #Crypto $BTC
Robinhood explores acquisitions to expand its prediction markets business, enhancing user engagement through event-based contracts in collaboration with Kalshi. #Update #Market
@Ammalgam highlights the risks of oracle dependency in DeFi, citing a $100M liquidation at Venus due to price feed manipulation, emphasizing the need for diversified pricing mechanisms. #Update #Crypto $LINK
Federal Reserve Chairman Jerome Powell indicated that the central bank may soon end its balance sheet reduction, yet BTC remains bearish, trading near $112,600 with options reflecting downside sentiment. #Update #Crypto $BTC
Gold futures hit a record $4,200 amid $21 billion crypto outflows from @Binance, signaling a risk-off shift ahead of Federal Reserve updates. #Update #Crypto $BTC
Bitcoin’s Inter-Exchange Flow Pulse (IFP) declines, indicating reduced arbitrage activity and potential loss of bullish momentum. $BTC trades at $111,731 after a significant market sell-off. #Update #Crypto $BTC
Safello AB, a subsidiary of Safello, receives authorization from the Swedish Financial Supervisory Authority as a crypto-asset service provider under EU’s MiCA regulation. #Update #Legal
The US and UK imposed sanctions on a Southeast Asia-based network for online scams, targeting Cambodian conglomerate Prince Group and its chairman, Chen Zhi.
@Canaan has launched a 2.5 MW Bitcoin mining center in Calgary, utilizing hard-to-access gas, aiming to reduce CO₂ emissions by 12–14K tons annually. #Update #Crypto
Rachael Lucas from BTC Markets noted that 48 new Bitcoin treasuries emerged in three months, indicating larger players are increasing their Bitcoin holdings. #Update #Crypto $BTC
Stablecoins, with a market cap over $250B and transaction volumes exceeding Visa and Mastercard, are becoming essential for payments, driven by regulation and liquidity, despite risks like reserve transparency. #Update #Crypto $USDT
