Japan is cutting back on its ultra-long bond supply in October and December by ¥100 billion ($675 million) at each auction, trimming the amount offered to ¥250 billion from ¥350 billion, the Ministry of Finance announced after meeting with primary dealers on Wednesday. The decision affects bonds maturing between 15.5 and 39 years, which are
Stablecoin infrastructure startup Bastion has raised $14.6 million in a new funding round led by Coinbase Ventures, Fortune reports. Bastion builds white-label stablecoin systems that let companies issue digital dollars without writing code or applying for regulatory licenses. The round included participation from the venture arms of Sony and Samsung, as well as Andreessen Horowitz’s
Yesterday’s news from Dennis Porter was supposed to “cause a seismic shift in Bitcoin politics” and be “a defining moment” so important that “one of the largest broadcasting stations in the country” tried to scoop the announcement early. However, rather than a headline “to make the internet crash out” as Porter had promised, the Bitcoin
Franklin Templeton, the global investment powerhouse managing $1.6 trillion in assets, is expanding its proprietary Benji Technology Platform to the BNB Chain ecosystem. The move amplifies Benji’s institutional-grade tokenization expertise by leveraging BNB Chain’s technological strengths, including its scalable, low-cost infrastructure and high transaction throughput, to create a new class of on-chain financial assets. “Our
Canton Network, a blockchain built for regulated finance, has struck a strategic partnership with Chainlink to broaden institutional adoption. The agreement, announced Wednesday, will see Canton integrate Chainlink’s suite of services, including Data Streams, Proof of Reserve, and its Cross-Chain Interoperability Protocol. Canton has also joined the Chainlink Scale program, which helps cover the costs
Bitcoin price managed to make its way above the $112,000 threshold, holding slightly below $113,000. After dropping below $110,000 amidst a sharp decline due to liquidations, is there still hope for a rally? Summary Bitcoin remains stable at the $112,000 mark, however it needs to climb above $114,000 to shoot up into the rally. Matrixport
In recent years, the global financial landscape has witnessed a major shift as Bitcoin, the world’s largest decentralized digital asset, often called ‘digital gold’, has grown from a niche experiment into a mainstream financial network with a market cap rivaling major global assets. As adoption accelerates, the next wave of innovation will come not just
On Wednesday morning, bitcoin finds itself in a dance between bullish hope and bearish hesitation. Trading just shy of key resistance, price action is stuck in a holding pattern that feels more like a chess game than a moon mission. Bitcoin The hourly bitcoin chart paints a clear double bottom near $111,115, offering short-term traders
Bitcoin and altcoins suffered a major crash yesterday, losing $1.7 billion in what was one of the biggest liquidations of the year. Bitcoin has disappointed investors with an 8.81% price drop since reaching a record high of $123.8,000 on August 14. Unlike the slow decline of the past few weeks, Monday saw a sizable drop,