CRYPTO
Paxos Fat-Fingers $300T of PayPal Stablecoin, Outpacing USD’s $2.4T Supply
The supply deluge was quickly reversed with burn mechanism. What to know: On Wednesday, stablecoin issuer Paxos accidentally minted $300 trillion worth of PayPal Holdings Inc.’s PYUSD stablecoin on Ethereum – a “fat finger” error on the blockchain that far exceeded the total U.S. dollar circulating supply of $2.4 trillion. […]
The 3 Bitcoin Treasury Company Models According to Michael Saylor
A deep dive into the three strategic models emerging in corporate Bitcoin treasury companies, from pure-play credit issuers to hybrid operators, based on Michael Saylor’s latest thinking. As Bitcoin becomes a strategic asset class in public markets, a new class of corporate entity is emerging: the Bitcoin treasury company. These […]
Stablecoin Boom Nears $300B as New Platforms Push Market Beyond Trading: Artemis
Supply has surged 72% year-over-year, led by Ethereum, Solana, and Plasma’s record debut, as stablecoins begin to mirror core banking functions What to know: The stablecoin market has undergone a sharp expansion over the past year, with total supply climbing 72% to nearly $300 billion, according to data analytics platform […]
Charles Schwab Sees 90% Spike in Crypto Interest, Plans Spot Bitcoin Trading in 2026
Charles Schwab reported a 90% year-over-year increase in visits to its crypto platform, with clients now holding about 20% of all U.S. crypto ETPs. Charles Schwab is seeing booming engagement from retail investors in its crypto products. In an interview with CNBC, CEO Rick Wurster said that visits to Schwab’s crypto platform […]
Bitcoin’s Leverage Flush Favors Accumulation, K33 Says
Crypto prices were down sizably on Tuesday but bounced off of their worst levels. What to know: Crypto markets posted big declines on Tuesday, but signs of relief from the Federal Reserve helped prices bounce off their worst levels. A late day Truth Social post from President Trump reminded bulls […]
Tether Pays $300 Million to Settle $4.5 Billion Celsius Bankruptcy Claims
Tether has agreed to pay nearly $300 million to the Celsius Network bankruptcy estate, settling years of litigation tied its 2022 collapse. Stablecoin issuer Tether has agreed to pay $299.5 million to the Celsius Network bankruptcy estate, settling years of litigation tied to the crypto lender’s 2022 collapse. The payment […]
BlackRock to Develop Tokenization Tech as Bitcoin ETF Passes $100 Billion in Assets
BlackRock is developing technology to tokenize a wide range of assets and expand its digital investment offerings. BlackRock is developing its own technology to tokenize a broad range of assets, from real estate to equities and bonds. CEO Larry Fink said the global market currently holds more than $4.5 trillion […]
BTC, ETH, XRP, SOL Face Slow Bottoming Process After $16B Liquidation Shock
The multi-step bottoming process could be slow due to several reasons, including liquidity constraints over the weekend and slow absorption of supply. What to know: The crypto market experienced its largest liquidation event ever on Friday night U.S. time, forcing out leveraged bullish bets worth $16 billion across bitcoin, ether, XRP, […]
Bitcoin-Friendly Prediction Market Kalshi Raises $300 Million at $5 Billion Valuation, Expands Globally
Kalshi has raised $300 million in new funding at a $5 billion valuation and will soon open access to people in 140 countries. Prediction markets are not a niche crypto subculture anymore. They are mainstream finance. Kalshi, one of the world’s largest prediction markets that accepts bitcoin deposits, announced it has raised […]
Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle
Most of the capital will be used to acquire tokenized gold reserves, aiming to build a publicly verifiable, blockchain-native treasury What to know: Prestige Wealth (PWM) said it has closed a $150 million financing round to launch a digital asset treasuryfocused on, the gold-backed tokens of stablecoin giant Tether. The […]
