Consensys has announced it will separate into two independent companies, MetaMask for consumer self-custodial finance and Consensys for Ethereum (ETH) protocols and institutional infrastructure, with the split expected to close by the end of 2026. The reorganization ends a single-company structure that has held for over a decade. MetaMask takes the self-custodial wallet, which the […]
It was less than a month ago when the US Treasury Department announced it would double the maximum size of liquidity-support buybacks for longer-dated government debt. Bitcoin’s price reacted at the time with an immediate leg up. The Treasury now said it would triple it to $6 billion, but BTC remained flat and even dipped. […]
DBS and Citi settled a US dollar cross-border payment between Singapore and New York on September 5 using tokenized deposits on SWIFT’s shared ledger, clearing the transfer in minutes over a weekend when a conventional payment can take up to two business days. The banks used tokenized deposits, commercial-bank money issued on a blockchain, with […]
Bitcoin dipped below $80,000 as strong US jobs data raises the chances of another interest rate hike. Markets now put the odds of a Federal Reserve rate hike on September 16 at about 60%. According to the recent Bitfinex Alpha report, the US added 162,000 jobs in August, while unemployment stayed at 4.1%. The data […]
All crypto eyes have turned to the two major events next week (and the CPI inflation data on Friday), with some favoring the FOMC meeting, while others put more emphasis on the CLARITY Act vote on September 15. The XRP community appears to be in the second camp, as the countdown to the vote has […]
Bitcoin staged a strong rally in August, surging by almost 30%. While some believe that the bear market is over, others argue that the risk of a devastating plunge still lurks over the world’s largest crypto asset. Alphractal founder Joao Wedson said that BTC’s Balanced Price currently stands near $38,400, but historical evolution does not […]
Chainlink has staged a strong rally after the mid-August breakout. But its momentum may be cooling down. A new analysis suggests that LINK’s latest price move is facing several signs of caution after it surged 95% from around $7 to a recent high of $13.77 in just two months. Three Red Flags Ali Martinez has […]
Tokenized versions of SPY, Google, and Robinhood’s own stock led a burst of on-chain trading activity over the past month, with Token Terminal data showing SPY on Robinhood Chain up by more than 1,300% in 30 days to an over $17 million market cap. The moves point to fast-growing retail and platform interest in tokenized […]
Bitcoin is trading above $79,000 after US spot ETFs pulled in a reported $730.9 million in a single day last week, their second-largest daily inflows of the year after the $843.6 million they drew in on January 14. Crypto analysis platform CryptoRus, in its latest market letter, framed this week as a test of whether […]
Hunter Biden, son of former President Joe Biden, will launch a meme coin called LAPTOP on Coinbase’s Base network on September 9, naming it after the laptop tied to a 2020 election controversy and reserving a fifth of the supply for wallets that lost money on Donald Trump’s TRUMP coin. The Wall Street Journal first […]