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Western Union Reveals Plans For USDPT Stablecoin On Solana, Set To Debut In 2026
ByRicardoGlobal monetary companies firm Western Union is making a strategic transfer into the world of stablecoins, responding to the evolving panorama created by the current passage of the GENIUS Act within the US. On Tuesday, the corporate announced its intention to launch the US Dollar Payment Token (USDPT), a brand new stablecoin, alongside its Digital…
CME Group announces XRP futures fastest contract to cross $1 billion open interest
ByRicardoXRP futures became the fastest contract in CME Group history to cross $1 billion in open interest (OI), achieving the milestone in just over three months. CME Group reported its crypto futures suite surpassed $30 billion in notional open interest for the first time, with XRP and Solana futures each crossing the $1 billion threshold….
OpenSea is evolving to become a platform to ‘trade everything’; set to launch token in 2026
ByRicardoDevin Finzer, co-founder and CEO of OpenSea, the biggest non-fungible token (NFT) market, introduced on Friday that the platform is reinventing itself to “commerce every little thing.” Founded in 2017, OpenSea is the biggest NFT market with a market share of over 55% on the time of writing, in accordance to data from NFTScan. Its…
$640M SPAC fuels Parataxis Bitcoin buy-up as public BTC treasuries surpass 230
ByRicardoParataxis Capital is set to go public through a merger with SilverBox Corp IV in a deal that could deliver up to $640 million in capital, according to a definitive agreement announced August 7. The transaction combines $240 million in trust capital with a $400 million equity facility, and it positions the Bitcoin-focused asset manager…
New all-time highs or $110,000 retest trigger: Bitcoin awaits CPI data release
ByRicardoBitcoin (BTC) trades in a critical range ahead of the Consumer Price Index (CPI) release on Aug. 12. A recent “Bitfinex Alpha” report positioned BTC for either a breakout to new all-time highs or a retracement toward $110,000 support levels. The Aug. 12 inflation data represents a pivotal moment as market sensitivity to macroeconomic events…
There is no second best: Bitcoin consistently outperforms all major assets despite near-term selloff
ByRicardoAs global markets hit the skids this week and forced liquidations and margin calls wipe out more levered longs, prominent traders are repositioning accordingly. New tariffs announced by the Trump administration and a sharply weaker U.S. jobs report caused anxiety in global markets; the S&P 500 lost 1.6% in a day, and Bitcoin, true to…
