AllUnity debuts SEKAU, a fully reserved Swedish krona stablecoin

In recent developments, allUnity launches Swedish krona-backed stablecoin SEKAU with multi-chain support, expanding its stablecoin portfolio regulated under the EU’s MiCA framework. Looking closer, market participants highlight key drivers such…

Franklin Templeton files ETFs that turn stock dividends into Bitcoin exposure

In recent developments, the proposed funds would allocate stock dividends to Bitcoin-linked investments, using a dividend reinvestment strategy to build crypto exposure over time. Looking closer, market participants highlight key…

Goldman Sachs cuts year-end gold target by $500, doubting rate cuts

In recent developments, goldman Sachs revised its year-end forecast for gold to $4,900, indicating an increase from current levels, but less than previously expected. Looking closer, market participants highlight key…

Bitcoin activity nears record highs on microtransaction surge

In recent developments, near-record OP_RETURN usage is driving a surge in low-value Bitcoin transactions, pushing Bitcoin network activity close to all-time highs despite muted price action. Looking closer, market participants…

Bitcoin tipped for Q3 ‘macro bottom’ near $50K as major liquidity grab looms

In recent developments, bitcoin market participants may be left in “complete disbelief” as the market reverses from a liquidity grab without another major leg lower, a trader predicted. Looking closer,…

Binance can serve Philippine traders under SEC framework, BlockShoals says

In recent developments, the exchange’s Philippine return relies on an SEC sandbox arrangement that BlockShoals says permits trading access without a local VASP license. Looking closer, market participants highlight key…

WhiteBIT secures MiCA license in Austria ahead of July 1 EU deadline

In recent developments, the Austrian authorization gives WhiteBIT access to the EU’s unified crypto framework, which will require exchanges to hold MiCA licenses or stop serving clients after July 1.…

$13B Bitcoin options expiry looms: Will bulls endure more pain in June?

In recent developments, bitcoin bears hold the upper hand in the upcoming Bitcoin options expiry, a potentially early warning that more BTC downside could unfold. Looking closer, market participants highlight…

Charles Schwab to enter prediction markets with S&P 500 wagers: WSJ

In recent developments, the offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above or below a target price. Looking closer,…

Ethereum faces core development funding crisis, former contributor warns

In recent developments, the warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures. Looking closer, market participants highlight key drivers…