Circle (CRCL), the firm behind the $76 billion stablecoin USDC$0.9998 is inching closer towards launching its payments-focused Arc blockchain, starting a test phase with a wide roster of institutional partners. The firm said on Tuesday it has deployed Arc’s public testnet version, allowing over 100 financial institutions, asset managers and tech firms already involved, such
South Korea’s central bank is contemplating a return to gold buying for the first time since 2013, signaling a potential shift in its reserve management strategy. The move comes amid growing demand for the precious metal, as investors seek protection from inflation and currency weakness. Bank of Korea Weighs Buying Gold Again According to the
The biggest question in bitcoin right now is: has it topped for the cycle at $126,500 on Oct. 6, or is there still more room to run? Every four years, a halving cuts the new supply of bitcoin in half. Historically, the most explosive gains have occurred roughly 18 months after a halving, yet despite
Hong Kong authorities have concluded the second phase of the e-HKD pilot program, with the central bank digital currency launch mostly aimed at institutional clients. Summary The Hong Kong Monetary Authority (HKMA) has completed Phase II of its digital Hong Kong dollar pilot program, revealing that both e-HKD and tokenized deposits enable cost-effective, programmable, and
Hunter Horsley, chief executive officer at Bitwise Invest, has predicted that “every” Wall Street institution will be doing something in crypto within the next 12 months. “Software is eating the world. Crypto is going to eat capital markets,” Horsley said in a recent social media post. Widespread adoption According to a recent chart developed by
F2Pool co-founder Chun Wang has slammed a new Bitcoin Improvement Proposal (BIP-444), arguing that it is a “bad idea” in a recent social media post. Wang, who attracted significant media attention earlier this year after becoming the first Bitcoiner to travel to space, says that he feels “sad” that some developers are currently moving “further
Key Takeaways BlackRock clients invested $65million in Bitcoin in a single day. The purchases were made through BlackRock’s spot Bitcoin ETF, iShares Bitcoin Trust (IBIT) BlackRock’s IBIT took in around $65 million in Bitcoin on Monday, marking another significant institutional investment in the leading cryptocurrency through the asset management giant’s services. BlackRock has been actively
Bitcoin price today trades near $113,800, showing mild weakness after a brief rebound from last week’s correction. The market remains on edge ahead of Wednesday’s Federal Reserve policy decision and the Trump–Xi summit, both of which could dictate near-term liquidity trends across risk assets. Buyers Defend $112K Zone As Compression Tightens BTC Price Forecast (Source:
Key Takeaways Strive Asset Management’s stock jumped 49% after Mike Alfred purchased over one million shares. Strive’s acquisition of Semler Scientific aims to boost its Bitcoin holdings and position in corporate crypto acquisitions. Shares of Strive Asset Management (ASST) rallied 49% on Monday after hedge fund manager Mike Alfred said he purchased over one million
Richard Ujueta, president of Cavecom‑e (the Venezuelan Electronic Commerce Chamber), said that because of scarce dollar cash, most payment activity has moved to USDT. He added that banks should implement USDT payments in point‑of‑sale devices by December. Venezuelan Banks Should Adopt USDT by December, Analyst States The Facts: Venezuela is advancing towards a real integration