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Bitcoin crash cycles represent recurring patterns of sharp price declines followed by recoveries, as detailed by investor Anthony Pompliano. Over the past decade, Bitcoin has experienced more than 21 drops exceeding 30%, highlighting its inherent volatility amid leverage reductions and fear signals in markets. Bitcoin’s history includes over 21 drops greater than 30%, demonstrating long-term […]
Japan’s Financial Services Agency plans to introduce rules requiring crypto exchanges to maintain liability reserves by 2026, protecting users from hacks and breaches. This measure mirrors traditional securities standards, ensuring compensation for losses while building trust in the ecosystem. The proposal mandates financial reserves similar to those in traditional finance, covering potential user losses from […]
Klarna has launched KlarnaUSD, a US dollar stablecoin on the Tempo blockchain, aiming to reduce cross-border payment costs for its 114 million customers. This initiative leverages blockchain for faster, cheaper global transfers, building on stablecoin’s $27 trillion annual transaction volume. KlarnaUSD issuance via Bridge on Tempo blockchain for payment efficiency. Stablecoin targets internal payments initially, […]
Klarna, the EU-licensed digital bank, has introduced KlarnaUSD, marking the first stablecoin issuance on Tempo, the layer-1 blockchain from Stripe and Paradigm. Pegged 1:1 to the US dollar, it’s live on testnet now, with mainnet rollout planned for 2026 to streamline international payments and enhance efficiency. KlarnaUSD leverages Bridge’s infrastructure for secure, scalable stablecoin operations. […]
Berachain’s Series B funding controversy involves Brevan Howard’s Nova Digital securing a secret refund right on their $25 million investment, active until February 2026, sparking backlash from other investors over undisclosed terms. Berachain raised $100 million in April 2024 at a $1.5 billion valuation. Nova Digital invested $25 million but gained downside protection via a […]
U.S. Bancorp is testing a stablecoin on the Stellar blockchain to enable faster, cheaper payments for institutional clients. This move positions the bank as a key player in bridging traditional finance and crypto, leveraging Stellar’s compliance features for secure transactions. U.S. Bancorp’s stablecoin initiative on Stellar focuses on 24/7 settlements and reduced costs for cross-border […]
BitMine Immersion has reached 60% of its goal to hold 6 million ETH, accumulating 3.63 million ETH or 3% of the total supply. This aggressive strategy, dubbed the ‘Alchemy of 5%,’ positions the firm as a major Ethereum treasury holder amid market dips. BitMine acquired 69,822 ETH last week, boosting its holdings significantly. Current pace […]
Russia is easing cryptocurrency regulations by scrapping the strict “highly qualified” investor rule, allowing broader access to crypto assets and derivatives. This shift aims to properly regulate the market under an experimental framework while imposing graded restrictions based on investor experience. Russia’s Ministry of Finance and Central Bank are abandoning the “superquals” concept, enabling more […]
The Federal Reserve’s next chair finalists include Fed Governors Christopher Waller and Michelle Bowman, former Governor Kevin Warsh, National Economic Council Director Kevin Hassett, and BlackRock executive Rick Rieder, as announced by Treasury Secretary Scott Bessent. Bessent emphasizes simplifying the Fed’s complex operations amid concerns over ample reserves and liquidity. Fed Chair Selection Process: Interviews […]