Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA). The new token operates as an e-money token under MiCA, according to a statement shared with Cointelegraph on Friday. It is backed by segregated Swedish krona reserves and targets institutional settlement and cross-border payments.
Around 30,500 Bitcoin options contracts will expire on Friday, June 19, with a notional value of roughly $1.9 billion. This event is slightly smaller than last week’s and still not enough to impact spot markets. Crypto markets gained slightly before retreating in the second half of the week, with total capitalization hovering around the $2.25
Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut interest rates this year. The revised target places gold at $4,900, down from earlier estimates of $5,400. It comes on the assumption that the next Fed cuts could be pushed to March 2027 and December
Spot Bitcoin and spot Ethereum exchange-traded funds (ETFs) traded in the US were affected by investor outflows on June 18. According to the latest data, both Bitcoin and Ethereum-focused ETFs recorded net outflows for the second consecutive trading day. This is seen as one of the developments indicating a short-term weakening of institutional investor appetite
Arthur Hayes has shared one of his most bullish crypto outlooks yet across two recent interviews, one with Michaël van de Poppe, New Era Finance podcast and another with Bankless. The former BitMEX CEO tackled a question many crypto investors have been asking. Why hasn’t Bitcoin made a major move despite growing institutional adoption and
The artificial intelligence sector and historic private equity listings have disrupted traditional rankings of global rankings. Bitcoin, which not long ago comfortably commanded a position within the top 6 to 8 global assets, has collapsed by 10 spots. The leading cryptocurrency by market cap is now in 17th place, CoinGecko data shows. The digital currency
Prominent financial commentator and Euro Pacific Capital Chief Economist Peter Schiff has launched a scathing attack on Strategy (MSTR), its founder Michael Saylor, and mainstream financial media after a sharp correction in the company’s equity. Schiff, a notorious Bitcoin skeptic, is convinced that the company’s heavily leveraged crypto-treasury model is unwinding. An orange jumpsuit? According
In brief Franklin Templeton filed with the SEC on Thursday for two ETFs that would hold baskets of U.S. stocks and steer the dividends into Bitcoin. The funds track new VettaFi “Bitcoin DRIP” indices, starting with a 5% Bitcoin weighting that is capped at 20%. The filing adds to a crowded 2026 pipeline, with analysts
Base has taken a significant step forward by announcing the launch of privacy features designed for enterprise transactions. This move aims to combine the benefits of on-chain technology with enhanced privacy, addressing the growing demand for secure transaction solutions in the business sector. For more details, visit their official announcement on Twitter. Market Snapshot The