Crypto ETF Buyers Reverse Midweek Selloff The closing bell told a very different story from the middle of the week. Bitcoin ETFs entered Friday nursing more than $426 million in weekly redemptions. Hours later, a $433.03 million surge had dragged the category back into positive territory, leaving the five-session total at $6.21 million. That dramatic
Bitcoin ($BTC), the world’s largest cryptocurrency, managed to surpass $86,000 after starting the week with a strong gain. According to CoinGlass data, Bitcoin is currently trading at $85,683. It has seen a 6% increase in the last 24 hours, and $BTC tested levels above $86,000 during the day. With this latest move, Bitcoin surpassed its
The European Central Bank (ECB) plans to invest a small portion of its reserves in tokenized securities, giving the central bank direct exposure to blockchain-based financial markets. The purchase would be settled through Pontes, the new Eurosystem platform, which allows wholesale transactions to settle in central bank money. The platform essentially bridges the ECB’s payment
Last week, the Fed, as expected, raised interest rates by 25 basis points. This was the first rate hike since 2023, and market expectations are growing that further rate increases may occur in October or December. As the Federal Reserve’s interest rate decisions for the remainder of 2026 are closely watched, Chicago Fed President Austan
Leading cryptocurrency Bitcoin started the week with a strong move, with its price surpassing $85,000 for the first time in months. While the question now is whether the uptrend will continue, important assessments have come from Glassnode analysts and CryptoQuant CEO Ki Young Ju. Closing Short Positions Accelerated the Rise! Glassnode, an on-chain analytics company,
Treasury Secretary Scott Bessent leant on stablecoin adoption and dollar-denominated trade metrics to defend the strength of the U.S. economy, seeking to counter anxiety over surging government debt yields and shifting international payment rails. Bessent pushed back against a recent report by the New York Times which outlined structural risks in the country’s financial position.
Google and Apple are seeking employees with expertise in digital assets, adding to signs that Big Tech firms are preparing for a larger role for stablecoins, tokenization and blockchain-based payments. Google Cloud is hiring an Industry Principal Architect in Hong Kong to work with protocol foundations, exchanges, custodians and financial institutions to tokenize real-world assets
Eugene Investment & Securities has signed an agreement with blockchain company BEATOZ to test stablecoin settlement for tokenized securities subscriptions, targeting an onchain process that covers subscription, payment and settlement. According to Eugene Investment & Securities, the memorandum of understanding signed on Sept. 21 will initially focus on a proof of concept that applies stablecoins
Strategy (MSTR$164.00·Market Closed made its first bitcoin purchase since late August, acquiring 950 $BTC for $75.7 million last week at an average price of $79,670 per coin. The purchase was funded through the sale of $80.1 million of common stock, according to a Monday morning regulatory filing. The remaining proceeds were used to repurchase $174