Asia is becoming the first region where large-scale pilot programs for blockchain-implemented payments are taking place. Authorities in Singapore, Hong Kong, and Japan are creating regulatory frameworks that will enable the use of stablecoins to transfer money under supervision. This is important because these frameworks are progressing from being only in consultation mode to being
Michael Saylor, co-founder and chairman of Strategy, has introduced a framework that categorizes digital assets along a spectrum based on their volatility, return potential, and transactional utility. In a recent post on X, Saylor described Bitcoin ($BTC) as “Digital Capital,” Strategy’s STRC as “Digital Credit,” the firm’s SR-strcUSX as “Digital Money,” and Tether’s $USDT as
The Federal Reserve added approximately $5.179 billion to bank reserves through a scheduled Treasury bill purchase settling Wednesday. Social media described the transaction as money entering the U.S. economy. Yet the operation mainly supports the Fed’s control of short-term interest rates. It does not send cash directly to households, companies, or financial markets. BREAKING: 🇺🇸
According to Securities and Exchange Board of India (SEBI) research, Indian retail Futures & Options (F&O) traders recorded net losses in every financial year from FY22 to FY26. They accumulated losses of $40.36 billion (₹3.85 lakh crore), based on data from the top 15 brokers covering around 90% of retail/individual investors. Source: X This equates
In India, SIPs and mutual funds are becoming increasingly popular, but crypto continues to remain an alien. Many Indians still consider cryptocurrencies complicated and feel too overwhelmed to deal with them. As Mudrex co-founder Edul Patel explained, this cautious stance towards crypto in India is basically a lack of knowledge. According to him, the problem
Solstice announced a tranched product built on Strategy’s Bitcoin-related STRC preferred stock, and said its senior tranche would not begin absorbing losses until STRC trades below $47.66. STRC currently trades near $95.315, putting that threshold roughly half of today’s market price and about 52% below the security’s $100 par value. Solstice COO David Plisek described
On August 12, DeepSeek released V4 Pro at $0.87 per million output tokens. The same day, SpaceXAI released Grok 4.6 at $6 per million output tokens. DeepSeek’s V4 Pro and Grok 4.6 shipped on the same day The two releases came within hours of each other. Founder Liang Wenfeng shipped the production V4 Pro build
Bullish (BLSH), the crypto platform and parent company of CoinDesk, reported second-quarter net loss of $280 million, on Thursday, compared to $108.3 million for the equivalent period a year earlier. Most of that headline loss was due to a $244.6 million markdown of the company’s bitcoin holdings as the price of BTC fell throughout the