Stablecoin depeg fears push New York and EU regulators closer
New York’s financial regulator has formed a stablecoin supervision agreement with the European Banking Authority as regulators on both sides of the Atlantic tighten cooperation over digital assets. Summary NYDFS and the European Banking Authority signed an agreement to share…
XRP News: Ripple’s RLUSD Arrives in Turkey in a Hedge Against Inflation
In XRP news today, the company has launched its USD-backed stablecoin RLUSD in Turkey through partnerships with three local platforms, BiLira, Bitexen, and Bitlo, giving Turkish users direct access to a regulated, dollar-denominated digital asset for the first time via…
The Surprising Disconnect Between Bitcoin’s Price and Network Activity
Bitcoin is far less active than in 2021, as institutional exposure grows through ETFs and funds. Bitcoin’s on-chain activity remains well below the levels seen during the peak of the 2021 bull market. In May 2021, the network averaged…
Coinbase makes a quiet bet on ProShares stablecoin reserve ETF
Coinbase has invested in ProShares’ GENIUS Money Market ETF as stablecoin issuers prepare for stricter reserve rules under the GENIUS Act. Summary Coinbase has invested in ProShares’ IQMM ETF to support stablecoin reserve management. IQMM is designed to meet reserve…
Mt. Gox Moves $739M in Bitcoin: Is a Bigger Market Crash Coming?
Mt. Gox has transferred approximately $739M in Bitcoin to a new wallet, a move confirmed by on-chain monitoring firms Arkham Intelligence and Whale Alert, who traced the transaction to cold storage addresses linked to the defunct exchange’s 2011–2014 holdings. The…
U.S. stocks are pulling capital away from Bitcoin: Binance Research
Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research. Summary Binance Research linked Bitcoin’s recent weakness to record levels of capital concentration…
MicroStrategy Sells Bitcoin for First Time Since 2022: Should You Panic?
MicroStrategy sold 32 bitcoin last week for roughly $2.5M, its first confirmed sale since late 2022, and the market noticed immediately, sending the company’s shares down 6% and bitcoin itself down 3% to approximately $71,486. The sale was disclosed in…
Strategy Bitcoin sale sparks Polymarket dispute over rules
A Polymarket trader has challenged the handling of a disputed market tied to Strategy’s Bitcoin sale, arguing that the written rules should count the sale date, not the disclosure date. Summary A trader says he bought 49,695.76 YES shares for…
Grayscale Hyperliquid ETF Imminent Per New Filing
Grayscale has filed its sixth amendment to its Hyperliquid ETF registration, disclosing a 0.29% management fee and the ticker HYPG, the clearest signal yet that a launch is days away. Bloomberg ETF analyst James Seyffart characterized the update as making…
How Low Can ETH Go If $2K Support Decisively Cracks?
Ethereum remains under pressure after failing to reclaim a major resistance cluster. The price is now hovering around a key long-term support zone. The broader structure suggests sellers still dominate the market, while weakening demand from US investors adds another…
