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Iran has proposed a shared cryptocurrency for the 10 members of the Shanghai Cooperation Organization (SCO) to streamline trade and reduce reliance on Western banking systems. Presented by First Vice President Mohammad-Reza Aref at the SCO Heads of Government Summit in Moscow, the digital coin aims to enhance transparency, speed up payments, and support regional […]
The Abu Dhabi Investment Council (ADIC) has boosted its Bitcoin ETF holdings to 8 million shares, valued at around $518 million as of September 30, 2025, through BlackRock’s iShares Bitcoin Trust. This move aligns with a diversification strategy viewing Bitcoin as a digital store of value akin to gold. ADIC triples its position in BlackRock’s […]
Solana saw over 200,000 new token launches last week, primarily memecoins via pump.fun, totaling 206,669 tokens. Despite this surge, trading revenue and graduation rates remain low at 0.61%, with the new AI agent Mayhem Mode showing a slow start in boosting activity. Over 200,000 new tokens launched on Solana last week, with Monday peaking at […]
Coinbase has launched decentralized exchange (DEX) trading within its app for Brazilian users, expanding on-chain access beyond the U.S. This move taps into Brazil’s booming crypto market, where adoption is surging amid clearer regulations, allowing seamless trades on networks like Base. Coinbase introduces DEX trading in Brazil following its U.S. rollout, enabling app-based access to […]
Bitcoin mining pressures from power contracts, firmware systems, and hosting agreements are reshaping the industry’s economics as it heads into 2026. Analysts highlight risks to hash rate control and operational stability, urging miners to address these structural vulnerabilities beyond halvings and hardware cycles. Mining pool concentration poses risks to transaction inclusion, with six pools producing […]
BlackRock’s iShares Bitcoin Trust (IBIT) ETF saw a record $523 million outflow on November 18, 2025, marking the largest single-day redemption in its history as Bitcoin failed to hold above $90,000, signaling shifting institutional confidence in the asset. Record Outflow Magnitude: $523 million exited IBIT, equivalent to significant Bitcoin sales on the market. Broader Impact: […]
Coinbase is developing a prediction markets platform in partnership with Kalshi, allowing users to bet on events in politics, economics, sports, and technology using US dollars or USDC. Leaked screenshots reveal a branded interface with Coinbase Financial Markets handling operations as a regulated subsidiary. Partnership Details: Coinbase Financial Markets (CFM), a subsidiary registered with the […]
The Ethereum Interop Layer (EIL) is a proposal by the Ethereum Account Abstraction team to unify Layer 2 rollups into a single, seamless chain using ERC-4337 account abstraction, eliminating third-party intermediaries for cross-chain transactions and enhancing user experience across the ecosystem. Ethereum Interop Layer (EIL) addresses L2 fragmentation by enabling wallets to handle cross-chain actions […]
Bullish, the institutionally focused crypto exchange, reported record Q3 2025 revenue of $76.5 million and net income of $18.5 million, marking a turnaround from prior losses. Despite these strong results driven by institutional trading and options volume exceeding $1 billion, the company’s stock fell over 6% in early trading. Bullish achieved adjusted EBITDA of $28.6 […]