Theo closes $100M facility backing gold-linked yield stablecoin

In recent developments, a new gold-linked yield stablecoin aims to tap commodity markets for returns as institutions explore alternatives to Treasury-backed tokens. Looking closer, market participants highlight key drivers such…

GSR acquires Autonomous, Architech as it builds crypto capital markets platform

In recent developments, with the combined $57 million deal, GSR looks to integrate token launches, liquidity and treasury into a single capital markets stack for crypto projects. Looking closer, market…

Bitcoin analysis sees $68K support as gold slips at key $5K level

In recent developments, bitcoin consolidated recent gains in the face of blanket skepticism over its rebound, while gold threatened to give up $5,000 support. Looking closer, market participants highlight key…

‘Bitcoin Standard’ author explores reality where decentralized gold stopp…

In recent developments, saifedean Ammous, the author of The Bitcoin Standard, released an alternate history last fall, in which a decentralized gold system uproots central banking. Looking closer, market participants…

PayPal expands PYUSD stablecoin to users in 70 countries

In recent developments, payPal is rolling out its PYUSD stablecoin in 68 additional countries beyond the US and UK, aiming to reduce cross-border fees and offer rewards on holdings. Looking…

Maestro launches mining-backed Bitcoin credit market for institutions

In recent developments, maestro launched Mezzamine, a Bitcoin credit market linking institutional BTC holders with miners seeking capital backed by mining output. Looking closer, market participants highlight key drivers such…

XRP holders hit a record 7.7M: Will price break through $1.60 next?

In recent developments, xRP’s road to recovery will pick up momentum if network usage continues rising and bulls push the price above the $1.60 resistance. Looking closer, market participants highlight…

Mastercard agrees to acquire BVNK in $1.8B stablecoin deal

In recent developments, mastercard agreed to acquire BVNK for up to $1.8 billion as it expands further into stablecoin and blockchain-based payments. Looking closer, market participants highlight key drivers such…

DAOs may need to ditch decentralization to court institutions

In recent developments, crypto’s push into institutional adoption is forcing DAOs to choose between maintaining decentralization and business deals. Looking closer, market participants highlight key drivers such as liquidity flows,…

Five companies vie for Vietnam crypto licences as overseas ban looms: Report

In recent developments, five companies, including bank affiliates and a major conglomerate, are competing for Vietnam’s first crypto exchange licences as authorities plan to restrict offshore trading. Looking closer, market…