Congress is poised to integrate stablecoins into mainstream finance through the Genius Act, drawing interest from banks, startups and retailers such as Walmart. Signed by President Trump after reconciling Senate and House versions, the bill imposes strict oversight on digital…
Crypto market rises after Trump confirms Israel Iran truce?
The recent announcement of a ceasefire between Israel and Iran triggered a notable rebound in the crypto market, reversing the downturn that had gripped digital assets over the weekend. Following the U.S.-brokered pause in hostilities, Bitcoin climbed from $104,000 to…
Mastercard enters USDG stablecoin network with 3 tokens
Mastercard isn’t standing on the sidelines as cryptocurrencies gain momentum. On Tuesday, the payments giant announced its entry into the Global Dollar Network, a stablecoin consortium launched in November 2024 by Paxos and six other partners. This move enables the…
Anthony Pompliano to guide $1B Bitcoin fund via SPAC merger?
In a landmark move for Bitcoin-centric finance, Crypto investor Anthony Pompliano has announced that his financial services venture, ProCap BTC, will go public through a merger with Columbus Circle Capital Corp. I, a SPAC linked to Cohen & Company Inc.…
Strategy buys 245 Bitcoin for $26M amid geopolitical drop
Michael Saylor’s Strategy continued its disciplined accumulation last week, purchasing 245 Bitcoin for $26 million despite a market dip driven by escalating geopolitical concerns. This move follows the firm’s long-term conviction in Bitcoin’s potential, underpinned by a forecast that BTC…
Blueprint raises $9.5 million funding from Polychain Capital
In traditional finance, depositing funds into a savings account often yields a predictable interest return with minimal effort. In contrast, crypto holders face a complex process to generate returns on their digital assets. They must navigate decentralized lending platforms, manage…
Bitcoin dips under $100,000 as bombers hit Iran facilities
Over the weekend trading session, bitcoin slipped below the $100,000 threshold for the first time since May, sparking renewed scrutiny across digital-asset markets. As of 17:15 p.m. in New York, the leading crypto token fell as much as 3 percent…
Ethereum Down 7.7% After US Hits 3 Iran Nuclear Sites?
Ethereum experienced a sharp decline over the weekend as U.S. bombers struck Iran’s three main nuclear sites at Fordow, Natanz, and Isfahan, while Bitcoin held relatively steady. The impact of the geopolitical escalation was confined to crypto markets, since traditional…
Crypto market jumps on stablecoin act as Circle gains 53%
The U.S. legislative landscape shifted dramatically this week as the Senate approved the GENIUS Act, marking the first comprehensive regulatory framework for stablecoins. This development sent shockwaves across the financial ecosystem, driving shares of the first publicly traded stablecoin issuer,…
Canadian Crypto Firms Seek Approval for QCAD Stablecoin
Canadian Crypto Firms are responding to the US Senate’s progress on comprehensive stablecoin legislation by advancing their own initiatives north of the border. A Toronto-based startup supported by Coinbase Global Inc. has formally petitioned the Ontario Securities Commission to launch…