Bitcoin has dipped below $79,000 on Tuesday as buyers struggled to push the cryptocurrency through a significant concentration of selling pressure between $80,000 and $82,850. The broader cryptocurrency market remained bullish, with the Fear and Greed Index registering 72. A reading in this range indicates elevated investor optimism, although it can also suggest that market
Visa (V) is combining its VisaNet settlement data with onchain lending infrastructure to help stablecoin-linked card programs and fintechs obtain working capital, the company said Tuesday. The move could give lenders a clear view of a payment card program’s settlement receivables, the money it is due after payments clear. With customer authorization, that data can
HashKey Cloud said on Sept. 7 that it had joined Stacks as a launch partner for self-custodial Bitcoin staking. The agreement gives the infrastructure provider two roles: participating in the inaugural Genesis Bond and joining the signer network securing sBTC. HashKey Cloud operates under HashKey Holding Limited. Stacks founder Muneeb Ali presented the collaboration during
Boyaa Interactive has purchased approximately 205 Bitcoin for $14.3 million, raising its total holdings to roughly 4,316 $BTC as the gaming company continues to deploy crypto assets across its Web3 projects. Boyaa Interactive International Limited said in a Sept. 4 Hong Kong Stock Exchange announcement that the purchases were completed through a series of open-market
Fractal Bitcoin has completed its first halving at block 2,100,000, cutting the network’s block reward to 6.25 FB as the FIP-102 upgrade takes effect and sets aside an equivalent 6.25 FB emission budget for future distribution on the Bitcoin mainnet. Fractal Bitcoin said in a Sept. 8 post on X that the halving had been
Anchored said its tokenized stocks went live through Uniswap on Arbitrum on Sept. 7, opening a new onchain route to public-market exposure. The company’s launch announcement identified Anchored as the issuer infrastructure, Arbitrum as the deployment network and Uniswap as the trading venue. The announcement confirms availability but does not say that the tokens are
BDACS has selected LayerZero’s Omnichain Fungible Token standard for its KRW1 stablecoin, giving the won-backed asset a unified cross-chain system as the company seeks to expand its use outside South Korea. LayerZero said BDACS, South Korea’s largest digital asset custodian by assets under custody, chose its OFT standard after reviewing options for making KRW1 natively
Blockchain network Harmony Protocol has taken the decision to wind down, worried that “threats posed by state actors and AI agents are too great.” Harmony informed users on Sunday via X that the project, launched in 2019, would migrate to Ethereum, where it hoped its $ONE token would be safer. However, the prevalence of hacks
A top analyst at Shinhan Investment & Securities has reportedly asked Korean investors to rethink the old 60/40 stock-and-bond split. Park Woo-yeol, a senior analyst, now recommends a 60% stocks, 30% bonds, 8% gold, and 2% bitcoin portfolio, saying the standard 60/40 stock-and-bond portfolio has stopped doing its job. What changes should Korean investors make