Zodia Markets, the crypto subsidiary majority-owned by Standard Chartered, processed $3.4 billion in transactions involving Turkish lira stablecoins in 2025, sufficient to make the lira its second-most-used stablecoin forex behind the greenback, forward of the euro and each different G10 forex. Dollar-pegged tokens, led by Tether and Circle’s USDC, nonetheless dwarfed the whole lot at $110.5 billion, however…
Bitdeer’s newest working replace has revealed a concrete perception into the latest Bitcoin miner-AI pivot: the corporate produced much more Bitcoin but ended the month with far fewer cash than it held a 12 months earlier. The firm reported 921 BTC mined in May 2026, up 370% 12 months over 12 months, whereas BTC held…
Good information for the American employee got here on the worst attainable second for Bitcoin. Initial jobless claims fell by 4,000 to 226,000 for the week ending June 13. Layoffs are within the traditionally low vary they’ve held for many of the post-pandemic period, and the unemployment charge has remained at 4.3% for a third…
The Bank of Japan raised its benchmark interest rate to 1% on June 16, the very best degree the nation has seen since September 1995 and the furthest level but in a normalization marketing campaign that has slowly dismantled three a long time of near-free cash. Going into the choice, the observe document pointed a…
Texas spent years courting AI corporations, cloud suppliers, and Bitcoin miners with low cost electrical energy, considerable land, and a gross sales tax exemption that is grown into one in all the state’s costliest incentive applications. But now, Governor Greg Abbott has advised state regulators to flip the association, directing them to require data centers…
Artificial intelligence is commoditizing information and routine analysis throughout the trade, and it is pushing crypto media corporations to rebuild themselves as data platforms, analytics suppliers, and institutional infrastructure. The corporations racing to assemble AI-ready databases are positioning to turn out to be the trade’s reference layer, the supply that buyers, regulators, and algorithms depend…
Bitcoin’s rising digital-credit trade broke below its promise of calm this week. This week, Strategy’s STRC preferred shares fell as low as $82.50 earlier than rebounding, whereas Strive’s SATA slid from round par into the low $90s and likewise recovered. Both merchandise had been bought into the market as revenue devices constructed round Bitcoin treasury…
Bitcoin traded at $63,030 on June 18, down about 2% on the day, after whipsawing from an intraday high of $64,731 to a low of $62,263 whereas oil was falling and ships had been shifting via the Strait of Hormuz for the first time in weeks. Today, June 19, it then continued to expertise weak…
US spot Bitcoin ETFs turned adverse on June 17, but fund-level flows revealed a split market, with some merchandise nonetheless attracting recent capital. Farside Investors recorded $82.2 million of web outflows throughout the US spot Bitcoin ETF group. however the split beneath that complete carries extra sign than the headline quantity. ARKB misplaced $43.5 million,…
Options merchants are constructing bearish positions round Strategy’s (formerly MicroStrategy) flagship preferred STRC stock after the safety fell to a report low, including a new layer of strain to one among Michael Saylor’s foremost funding instruments for getting Bitcoin. Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known by the ticker STRC, closed Wednesday…