The bounce in crypto markets mostly stalled on Tuesday with the U.S. government on track to shut down at midnight Eastern time. BTC$114,195.26 — after earlier having slid about 2% from overnight highs near $115,000 – managed a late afternoon rally to $114,300, up marginally from 24 hours ago. ETH$4,155.46 traded just above $4,100, sliding
The ruble-pegged stablecoin A7A5 has been recognized as a digital asset under Russian law and will soon facilitate Russia’s cross-border settlements. The approval will allow Russian companies to use the cryptocurrency for payments in international trade deals, circumventing financial restrictions imposed by the West. Russia to employ ruble-backed stablecoin in settlements Russian firms doing business
Ethereum gaming metaverse The Sandbox will soon have its own creator-focused blockchain called SANDChain, an Ethereum layer-2 network built with the ZK Stack. SANDChain aims to become the home for creators on-chain, enabling them to own their content, generate money from their identities, and manage their communities without losing out to the platforms they create
Coinbase (COIN) said its bitcoin-backed loan program has surpassed $1 billion in originations since launching in January, underscoring growing demand for crypto as collateral. The exchange currently offers retail customers in the U.S. the ability to borrow cash against BTC$113,828.84 holdings through the on-chain Morpho platform. A spokesperson said the average loan size sits at
Two critical decisions recently made by the U.S. Securities and Exchange Commission (SEC) have paved the way for a major expansion in exchange-traded funds (ETFs). These developments are paving the way for rapid diversification, particularly among cryptocurrency ETFs. The SEC has approved general listing standards for spot crypto ETFs. This step eliminates lengthy individual approval
Phantom has announced the launch of Phantom Cash, a new consumer payments offering that transforms its crypto wallet into a broader money app. The product allows users to fund balances instantly with a bank or card, buy and sell crypto without fees on stablecoins, pay with Visa through Apple Pay or Google Pay, and send
CoinRoutes, an institutional cryptocurrency trading platform, has acquired QIS Risk, a portfolio and risk management provider for digital asset managers, the company said in a press release Tuesday. The deal value was $5 million in cash and stock, and brings together CoinRoutes’ algorithmic execution technology with QIS Risk’s suite of portfolio monitoring and risk analytics.
BTCS follows an Active Treasury Strategy with a diversified portfolio of 60% BTC, 30% ZIG, and 10% CORE, deploying funds into staking, DeFi, and validator operations. It distinguishes itself as the first publicly traded blockchain infrastructure firm, operating validator nodes and staking services to generate recurring revenue. BTCS, the largest European Digital Asset Treasury Company
In a significant development for Bitcoin holders, Templar Protocol has announced the launch of its mainnet, introducing the first “Cypher Lending” protocol that enables users to borrow U.S. dollar stablecoins against their native Bitcoin without intermediaries. The launch comes at a time when institutional custody solutions are controlling an increasing share of the Bitcoin supply,