Cryptocurrency Analysis and News Portal
Digital assets have grown into a multi-trillion-dollar market, yet they remain largely disconnected from traditional finance. Institutional investors increasingly want to own and monetize digital assets, but most banks, broker-dealers and asset managers operate on infrastructure designed for stocks and bonds — not blockchain-based assets. While spot crypto ETFs are
Read More
South Korea's 7-Eleven stores are now accepting the Bank of Korea’s central bank digital currency (CBDC) as part of a limited-time test that runs through June.The company is participating in the “Hangang Project” pilot of the CBDC. Customers with accounts at one of seven partner banks — including Kookmin, Shinhan
Read More
Justin Sun bailed out Techteryx's TrueUSD stablecoin after nearly half a billion dollars of its reserves were rendered illiquid, people close to the matter confirmed, and the stablecoin issuer said in Hong Kong court documents.An excerpt of the writ Techteryx filed in Hong Kong After acquiring TrueUSD from TrueCoin in
Read More
Bitfarms (BITF) announced an initial agreement for a private debt facility of up to $300 million with Macquarie Equipment Capital, Inc., a division of Macquarie Group’s Commodities and Global Markets. The funding will support Bitfarms’ initial development of its high-performance computing (HPC) data center at Panther Creek, Pennsylvania—expected to reach
Read More
Sumitomo Mitsui Financial Group (SMBC), one of Japan's largest banking groups, is the latest financial giant to delve into stablecoins as the market for the $230 billion asset class is soaring with regulations being laid down globally.The banking group signed an agreement with Avalanche blockchain development firm Ava Labs, digital
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 2547.72, down 1.0% (-26.77) since 4 p.m. ET on Wednesday.Two of the 20 assets are trading higher.Leaders: SUI (+1.0%) and ADA (+0.2%).Laggards: AAVE (-5.3%) and
Read More
CME Group (CME) saw record activity in its cryptocurrency derivatives markets during the first quarter of the year, driven by increased interest in micro-sized contracts.The company reported average daily volume of 198,000 contracts for crypto products, representing $11.3 billion in notional value. It pointed to record highs across its
Read More
By James Van Straten (All times ET unless indicated otherwise)President Trump's so-called Liberation Day has arrived, and markets are nervously awaiting developments on U.S. tariffs. Even within the administration, the mood appears far from optimistic. Commerce Secretary Howard Lutnik is reportedly in the crosshairs, with suggestions he may become the
Read More
Sony customers in Singapore can now use the USDC stablecoin in its online store.Sony Electronics' Singapore (SES) has integrated cryptocurrency payments in partnership with crypto exchange Crypto.com, the two firms said Wednesday.Stablecoins are cryptocurrencies whose value is pegged to a real-world asset, such as the U.S. dollar or gold. USDC,
Read More
The number one question on investors' minds is whether an asset has hit its bottom after being in a sustained downtrend for an extended period of time. Recent price action suggests that bitcoin (BTC) may have found its bottom just above $76,000 on March 10. This move has formed a
Read More