Bitcoin BTC$64,309.21 pushed back above $64,000 in early U.S. trading Tuesday, tracking a broader rebound in risk assets after several sessions of turbulence. Trading recently at $64,200, bitcoin was still lower by 0.75% over the past 24 hours, but nicely above the morning’s low of $62,500. Ether (ETH) and solana (SOL) also narrowed big early
US-based technology giant Meta is reportedly planning to return to the stablecoin space in the second half of the year. The company reportedly aims to collaborate with a third-party firm to provide payment integration using dollar-pegged token technology. Meta, led by Mark Zuckerberg and owner of platforms like Facebook, WhatsApp, and Instagram, is reportedly looking
WisdomTree, a New York-listed asset manager overseeing approximately $161 billion in client assets, said Tuesday it will soon enable around-the-clock trading and instant settlement for its US money market fund, the WisdomTree Treasury Money Market Digital Fund (WTGXX). The fund can trade continuously against the USDC stablecoin through a dealer-principal model operated by the firm’s
Payoneer, a cross-border payments provider serving nearly two million small and medium-sized businesses, has applied to the Office of the Comptroller of the Currency (OCC) to establish a US national trust bank, according to a Tuesday press release. The proposed entity, PAYO Digital Bank, N.A., is aimed at supporting stablecoin-enabled services for global businesses. The
Stripe said in its 2025 annual letter that it has reached a $159 billion valuation through a new employee liquidity tender, while reporting $1.9 trillion in total payment volume for the year. The tender will provide liquidity to current and former employees. Most of the capital will come from investors including Thrive Capital, Coatue, and
It may be “crypto winter,” but it’s a “stablecoin summer” as digital dollar adoption booms, payments giant Stripe said Tuesday in its annual letter. Bridge, the stablecoin orchestration platform Stripe acquired in 2024, saw transaction volume more than quadruple last year, according to the letter. The firm also said it will “soon” launch the mainnet
Hut 8 stock price has risen for three consecutive months and is nearing its highest level this year as the company prepares to publish its financial results. Summary Hut 8 share price has jumped for three consecutive months. The company has formed a cup-and-handle pattern. It will publish the financial results later on Tuesday. Hut
The Dow Jones Index retreated sharply this week as geopolitical risks rose ahead of key earnings by companies like NVIDIA and Salesforce. Summary The Dow Jones Index has formed an alarming rising wedge on the daily chart. Market risks, including on Iran and tariffs, have continued rising. NVIDIA and Salesforce will publish their financial results