Injective-based $USDC is poised to become the primary stablecoin standard across the Cosmos ecosystem and the dYdX platform, a development that aims to streamline liquidity and reduce fragmentation across multiple blockchain networks. The move is supported by Skip:Go, a key infrastructure provider for Cosmos, which has already adopted Injective $USDC as its base settlement unit.
Monad (MON) has announced its support for Rain, a stablecoin-focused startup that is launching a card usable at any Visa-affiliated merchant. The initiative allows users to spend Monad-based stablecoins directly for payments, with the card accepted in more than 150 countries globally. How Rain’s Card Works Rain’s card is issued through partnerships with licensed financial
Wall Street market maker Jane Street reduced its exposure to Bitcoin exchange-traded funds (ETFs) in the first quarter of 2026 while increasing positions in Ether funds. Jane Street cut major Bitcoin ETF holdings in Q1 2026, including BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), according to a 13F filing published
KULR Technology (KULR), a New York Stock Exchange-listed company that adopted a Bitcoin treasury strategy in late 2024, appears to have sold 300 Bitcoin — valued at approximately $24.36 million — at a loss, according to on-chain analyst EmberCN. The funds were deposited to Coinbase Prime roughly two hours before the report, signaling a potential
President Donald Trump is on a state visit to China this week, marking the first U.S. presidential trip to the country in nearly a decade. Trump is joined by a delegation of over a dozen U.S. executives including Elon Musk, Tim Cook, Larry Fink, with Nvidia CEO Jensen Huang as a last-minute addition. This caused
Stables has partnered with T-0 Network to strengthen $USDT settlement corridors across Asia. Key Takeaways: Stables partnered with T-0 Network on May 12, 2026, to scale institutional $USDT settlements across Asia. Infrastructure gaps persist in Asia, where 60% of global stablecoin flows face fragmented banking access. Stables targets the $300B market, routing $USDT until local
Bitcoin traders now face one of the market’s biggest leverage threats this year. Fresh liquidation data shows that nearly $7.64 billion in crypto long positions could disappear if Bitcoin falls another $5,000 from current levels. The warning arrives during a period of rising uncertainty across digital assets. Traders continue to chase higher prices, but leverage
Shares in Solana treasury company Upexi fell 8.16% on Tuesday after reporting a widened net loss of $109 million in its fiscal third quarter, driven by a fall in the value of its crypto holdings. The company reported $92.3 million in unrealized losses on digital assets, according to a filing on Tuesday. This was despite
BitMEX founder Arthur Hayes made striking statements about artificial intelligence (AI) investments, global economic balances, and the future of the cryptocurrency market in his latest appearance on a television program. Arthur Hayes, while evaluating the massive capital expenditure (Capex) in the field of artificial intelligence, stated that a bubble has formed in the market, but
Figure Technology Solutions (FIGR) posted $2.9 billion in first-quarter 2026 loan volume on Monday, up 113% year-over-year, prompting research and brokerage firm Bernstein to reiterate its Outperform rating and $67 target on the stock, implying roughly 72% upside from FIGR’s current price of $38.97. Figure’s adjusted net revenue came in at $167 million in Q1,