A customer just bought a coffee using bitcoin at Compass Coffee. This reportedly marked the first-ever Square terminal in the world to accept bitcoin. The pilot launch, showcased during DC Fintech Week, was made possible through Square’s new Bitcoin payment integration. According to a Compass Coffee X post, the system worked seamlessly across multiple Bitcoin
US President Donald Trump’s new statements regarding the ongoing trade war with China have created selling pressure in the cryptocurrency market as well as in global markets. Trump stated that tariffs are “the primary defense tool of national security,” adding, “If we don’t have tariffs, we don’t have national security.” Trump also said the US
The Bank of England won’t lift its proposed stablecoin holding limits until it’s confident a flood of bank deposits into digital assets won’t threaten lending to the real economy, Reuters reported. Summary The Bank of England will maintain proposed stablecoin holding limits until it deems risks to financial stability have subsided. The plan sets strict
Eric Trump, son of U.S. President Donald Trump and a co-founder of decentralized finance protocol WLFI$0.1446, said he is actively working on a real estate tokenization project tied to a building currently under development. Teasing the plan in an interview with CoinDesk TV coming next week, he said the effort may offer fractional ownership to
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto firms fuel growth through the ‘infinite money glitch,’ raising capital to buy Bitcoin and boost value. Summary Crypto firms use the “infinite money glitch” to raise capital to buy Bitcoin and altcoins, boosting
Polymarket is now allowing users to gamble on the outcome of TradFi stocks. Traders can place bets on whether or not a company of their choosing will increase or decrease in value on a given day. As federal regulators increasingly signal that they’re prepared to offer “innovation exemptions” to firms like Polymarket, categories like this
Fed Governor Stephen Miran has again called for rapid cuts as the October FOMC meeting approaches. This time, he alluded to the rising U.S.-China trade tensions as the reason why they need to move fast on making more Fed rate cuts. The FOMC is expected to cut rates again this month, which could impact the
According to the FED’s latest Beige Book report, no significant change has been observed in economic activities across the country recently. Consumer spending declined slightly, employment levels remained largely stable, but labor demand weakened. Wages rose modestly across all regions, but prices continued to rise due to import costs, spending on services, and tariffs. Three
Bitcoin is holding steady in the $110,000s today, a little over a week after surging to a new all-time high above $126,000. Bitcoin price slipped from 24-hour highs near $113,600 to the low $110,000s today. This price action follows a rough weekend that saw over $19 billion in leveraged positions liquidated, forcing more than 1.6
A week ago, it was reported that Polymarket, a prediction-market protocol, recently hit a $9 billion valuation following a large $2 billion investment. Interestingly, data and analysis shows that a remarkably small fraction of users achieve consistent profits. To rank within the top 0.51% by profit and loss, an individual must realize gains surpassing $1,000.