A major experiment led by the Bank for International Settlements (BIS) found that tokenization could help fix some of the biggest pain points in cross-border payments, from slow settlement times to costly reconciliation between banks. Project Agorá, a joint effort between the BIS, seven central banks and more than 40 private financial institutions, concluded that
Welcome to our institutional newsletter, Crypto Long & Short. This week: Ravi Tanuku on how the $GENIUS Act repriced bitcoin’s monetary premium Jesper Johansen on looped $ETH staking without lending market exposure Top headlines institutions should pay attention to by Francisco Rodrigues “$NEAR Intents fee run-rate holds as price recovers off $1 lows” in Chart
The institutional bid under bitcoin is running on fumes. U.S. spot bitcoin ETFs have absorbed a net 4,500 BTC since the start of the year, an unusually thin number given the products were the structural buyer that powered the 2025 rally, per Swissblock data shared on X Tuesday. March and April produced steady accumulation that
The leading cryptocurrency, Bitcoin ($BTC), weakened and fell to the $75,000 level, in contrast to the upward trend in global stock markets. Significant altcoins such as XRP, Ethereum ($ETH), and Solana (SOL) also saw declines during the same period. As investors wonder which direction $BTC will move, one analyst said that $BTC’s implied volatility is
IREN shares rose 4% in pre-market trading after the company entered a $1.6 billion purchase agreement with Dell Technologies for air-cooled Blackwell systems, a major step in scaling its artificial intelligence infrastructure, the company said on Wednesday. The new systems will support IREN’s previously announced five-year, $3.4 billion managed services AI cloud contract and are
Bitcoin has fallen to 13th place among the world’s largest global assets after slipping to roughly $76,000, bringing its total market capitalization down to $1.5 trillion. BTC has struggled throughout 2026, falling 11% year to date and nearly 30% over the past 12 months, as investor capital has rotated into other high performing sectors. Precious
Crypto analyst and YouTuber Benjamin Cowen suggested that Bitcoin could test the $60,000 level again this year. According to Cowen, this potential pullback could be followed by a new bull cycle in the market. The experienced analyst predicts that the final bottom in the current market cycle will occur next October. Benjamin Cowen pointed out
As investors pulled millions of dollars out of U.S.-listed spot crypto exchange-traded funds (ETFs) on Tuesday, one move stood out. A single investor dumped over a billion dollars-worth of shares in BlackRock’s bitcoin ETF, which trades under the ticker IBIT, in one dark-pool trade. A dark-pool trade is a privately negotiated transaction, allowing the largest
The Collably Network and PayGo have joined forces to create a new partnership that will revolutionize autonomous commerce in the Web3 ecosystem. Their main objective as partners is to implement transaction layers for Pay-Per-Request (PPR) via the HTTP protocol, which will help reduce the legacy friction that exists between different connected networks; machine-to-machine economies; and
The S&P 500 hit another record on Tuesday, reaching 7,539.8 during the session and putting the index on pace for a nine-week winning run, its first since 2023. Tech did most of the heavy lifting because, of course, Wall Street went right back to worshiping chips after the long weekend. The Nasdaq Composite also reached