BIS taps IMF digital money chief and CBDC backer as new head of Innovation Hub

In recent developments, the Bank for International Settlements is advancing major digital currency pilots, testing cross-border CBDCs, tokenized deposits and real-time payment rails. Looking closer, market participants highlight key drivers…

DWF Labs launches $75M fund for ‘institutional phase’ of DeFi

In recent developments, crypto market maker DWF Labs’ fund has been earmarked for dark pool DEXs, decentralized money markets, and yield-bearing products. Looking closer, market participants highlight key drivers such…

Strategy unveils new credit gauge to calm debt fears after Bitcoin crash

In recent developments, strategy said it has a 70-year dividend runway even after Bitcoin’s slide, rolling out a new credit rating metric to ease fears over DAT liquidation risks. Looking…

Bitcoin analysis sees $89K short squeeze with S&P 500 2% from all-time high

In recent developments, bitcoin fielded new predictions of a short squeeze as price kept up pressure on key resistance at $88,000, while US stocks went higher. Looking closer, market participants…

Conor McGregor calls out Khabib over NFTs, gets shut down by ZachXBT

In recent developments, the former UFC champion tried to launch his own celebrity memecoin, REAL, in April, but the project failed to gain traction. Looking closer, market participants highlight key…

Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode

In recent developments, a recent analysis shed light on another correlation between the world’s largest cryptocurrency and stablecoin by market capitalization. Looking closer, market participants highlight key drivers such as…

Tokenized money market funds surge to $9B, BIS warns of new risks

In recent developments, on-chain money market funds have grown nearly tenfold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks. Looking closer,…

Tom Lee softens $250K Bitcoin target, now says year-end ATH is a ‘maybe’

In recent developments, bitMine chair Tom Lee says Bitcoin’s “best days” are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025.…

Tokenized money market funds surge to $9B, BIS warns of new risks

In recent developments, on-chain money market funds have grown nearly tenfold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks. Looking closer,…

Binance launches concierge crypto service for wealth managers, family offices

In recent developments, binance’s latest move targets demand from traditional wealth clients and asset managers taking their first steps into the crypto space. Looking closer, market participants highlight key drivers…