MoneyGram said Monday it has become a validator on the Solana (SOL) blockchain, the latest step in the remittance firm’s ongoing push into crypto infrastructure as it builds payment services around stablecoins. By operating a validator, MoneyGram will help process transactions and secure Solana’s proof-of-stake network, becoming a key part of the infrastructure that keeps
Bitcoin and cryptocurrencies have risen in the last 24 hours as hopes for a US-Iran deal increase. However, this rise does not signal a bottom for $BTC. According to CryptoQuant analysts, the data indicates that the bear market in Bitcoin is not yet over. According to CryptoQuant analyst Gaah, the cycle momentum indicators in Bitcoin
Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin and $300 million in cash to its balance sheet. The company sold about 2.7 million shares of MSTR, according to a Monday morning filing, raising $335.5 million. About $35 million of
As is known, the FED did not change interest rates at its first Federal Open Market Committee (FOMC) meeting under the chairmanship of Kevin Warsh last week. The FED unanimously kept the policy interest rate stable at 3.50-3.75 percent, in line with expectations. Increased inflation concerns stemming from the US-Iran conflict have reduced the likelihood
Baillie Gifford, a 118-year-old investment firm based in the Scottish capital of Edinburgh, unveiled a fixed-income tokenized fund in association with global custody giant BNY, the companies said on Monday. Baillie Gifford Enhanced Yield Fund (BAGEY) is denominated in dollars, and gives eligible investors access to an actively managed, short-duration portfolio of public corporate bonds
As traders return to their desks following an extended weekend in the U.S., there are two market dynamics worth noting that could influence the price of bitcoin $BTC$64,156.16 and other major cryptocurrencies, which are buoyant today on the back of U.S.-Iran deal hopes. The first relates to bitcoin spot exchange-traded funds (ETFs) listed in the
Amid expectations of a more hawkish Fed after the last meeting and growing concerns about Strategy’s $BTC sale, Bitcoin is currently stuck in a narrow range. While these factors negatively impact $BTC’s rise, there is also the risk of a bearish flag formation. According to one analyst, $BTC is forming a bearish flag pattern and
The Bank of Korea and participating banks have discussed operating deposit tokens on a continuous basis with the goal of establishing conditions for a formal rollout, according to briefing materials submitted by the Korea Federation of Banks to the office of People Power Party lawmaker Lee Heon-seung. The materials noted that a follow-up test would
Bitcoin price traded near $64,000 on Monday, even as Asian equities and technology shares rose after fresh progress in U.S.-Iran talks. According to crypto.news data, Bitcoin traded at $64,188 at press time, with a 24-hour range between $63,232 and $64,543. The move left Bitcoin down about 2% on the week and still below the levels
Bitwise Asset Management is integrating its crypto model portfolios into Parrot Finance’s retail investing app, testing whether professional allocation frameworks can reach retail investors via automated software rather than advisor dashboards. The June 18 partnership gives Parrot clients access to portfolios built around broad crypto exposure, thematic strategies, systematic monitoring, and rebalancing, moving a product