Jim Esposito, president of Citadel Securities, has publicly said his firm is considering entering the prediction market space as a liquidity provider. Speaking at the Semafor World Economy Summit, he described a “sound industrial logic” for institutional clients to use these markets and called the firm’s involvement “certainly possible.” For the B2B financial industry, the
Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails. Key Takeaways: Ecoanalitica proposes a stablecoin to fix local dollar shortages, driving future
Cardano founder Charles Hoskinson predicts the potential fate of Satoshi’s coins, drawing from his experience in post-quantum cryptography. On the Rollup podcast, Hoskinson laid out his credentials in quantum cryptography. The Cardano founder worked on NIST standards and participated in over 250 research publications. He was also part of the team that wrote the first
Two Tether-related entities, German former crypto miner Northern Data and US-based video streaming service Rumble, are set to begin the merger process, with Rumble offering equity for shares of Northern Data. The merger, which was announced in November of last year, will end with Rumble taking over data center sites and receiving thousands of GPU
Circle’s new $USDC Bridge aims to turn cross‑chain transfers into a near‑invisible backend plumbing layer for on‑chain dollars, replacing fragmented bridges with a single bank‑style ledger experience operated end‑to‑end by Circle itself. Circle turns $USDC into a single ledger across chains Circle has rolled out a native $USDC Bridge that lets users burn $USDC on
In brief Rep. Sheri Biggs (R-SC) disclosed on Friday that she purchased up to $250,000 worth of BlackRock’s spot Bitcoin ETF (IBIT) last month. The U.S. lawmaker “strongly supports crypto,” according to the Stand With Crypto Alliance, a grassroots advocacy group launched by Coinbase. Biggs also bet on Bitcoin last July, disclosing another IBIT purchase
In brief Bitcoin funding rates have remained negative for over a month even as BTC touched $76,000, signaling heavy bearish positioning. A potential uptrend could see Bitcoin revisit $125,000 in 30-60 days, Decrypt was told. Despite bullish catalysts, analysts remain cautious, highlighting $80,000 as a key trigger level; failure risks a double-digit sell-off similar to
Bitcoin ($BTC) price is now eyeing a rally towards $80,000 after breaking above a major multi-week sell wall on April 17. After getting rejected around $76,150 since its capitulation in early February, $BTC price jumped 6.95% in the past seven days and was trading at about $77,380 at press time. As a result, the flagship
Pharos Network, the Layer-1 blockchain focused on delivering institutional-grade assets, has been strengthened by the addition of $USDC. The asset has become the network’s core stablecoin and is poised to become the backbone of the app economy now taking shape on Pharos. The integration of $USDC into blockchain networks adds credibility and – just as
Today’s sharp rise in Bitcoin prices has brought institutional investors’ balance sheets back into the spotlight, with particular attention paid to the current profit/loss status of Michael Saylor and his company, Strategy, regarding their Bitcoin positions. As of today, Strategy holds a total of 780,897 $BTC, with a total value of approximately $60.37 billion. The