Market News
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China’s Stablecoin Push Challenges U.S. Dollar Dominance
China is using Hong Kong rules to test a yuan stablecoin for global cross-border use. Big firms like JD.com and…
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Bakkt Buys 30% Stake in Marusho Hotta for Bitcoin Treasury Push
Bakkt acquires 30% of Marusho Hotta, becoming its largest shareholder in Japan. The TSE-listed firm Marusho Hotta rebrands as bitcoin.jp,…
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UK-based Firm Satsuma Technology Raises £163.6M via Convertible Notes
Satsuma raised £163.6M, exceeding its £100M target by over 60% in strong demand. £96.9M of the raise was settled in…
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Build on Bitcoin Joins Chainlink Scale for BTCFi Expansion
BOB integrates Chainlink data feeds to enhance Bitcoin-backed DeFi development. BOB adopts Chainlink CCIP for smooth cross-chain transfers and improved…
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Ripple Battles Against 42 Banks to Reshape Global Finance
Ripple’s bank license application sparks fierce resistance from 42 major U.S. banking giants. XRP and RLUSD threaten legacy banking with…
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U.S.-India Trade Tensions Fuel Crypto’s Role as a Hedge
Trump’s tariffs may erode India’s $64B export edge to the U.S., risking growth. Russian oil penalties add pressure, deepening India-U.S.…
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SBI’s Dual ETF Push: Japan’s Bid to Lead in Hybrid Investing?
SBI plans to launch two ETFs with XRP, Bitcoin, and gold for Japan’s regulated market. The ETFs aim to attract…
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Ex-Binance CEO Seeks Dismissal From $1.8B FTX Clawback Suit
Zhao argues the $1.8B FTX suit falls outside U.S. jurisdiction and seeks full dismissal. Binance’s 2021 share repurchase deal with…
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Coinbase Enables PayPal in Canada for Cryptocurrency Payments
Coinbase has launched PayPal in Canada to help users buy and sell cryptocurrency fast. Canadians can directly finance their Coinbase…
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MetaMask Proposes Native Stablecoin mmUSD Launch via Stripe
MetaMask plans to launch its stablecoin mmUSD using Stripe’s payments infrastructure. The new mmUSD aims to simplify stablecoin adoption across…
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Bitcoin to $250K? Tom Lee Predicts Big Moves by Fall 2025
Tom Lee predicts that Bitcoin will reach $250K if easing and demand trend continue. Institutional firms hold 3% to 4%…
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Galaxy Digital Expands AI Infrastructure, Hits $30.7M Q2 Profit
Galaxy Digital posts $30.7M Q2 profit driven by digital asset growth and operations. Helios data center expansion boosts Galaxy’s AI…
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