Tether joins $5.2M round in stablecoin infrastructure builder Ark Labs
The funding will support development of a programmable execution layer designed to enable faster issuance and settlement of digital assets on the network.
CFTC chair opens prediction markets rulemaking to public comment
“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms.
Bitcoin catching up to gold hints at an ‘opportunity within risk’
Bitcoin showed early signs of overtaking gold in the market as new data outlined an opportunity based on historical returns around the US midterm elections.
Perp DEXs become the latest battleground for blockchains
Chains are launching perp DEXs to capture trading activity, but history suggests liquidity will consolidate around only a handful of platforms.
Binance says US midterms could boost Bitcoin and stocks
Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term.
BlackRock launches staked Ethereum ETF offering ETH exposure and yield
BlackRock’s iShares Staked Ethereum Trust ETF will trade on the Nasdaq, offering spot exposure and staking income with a reduced 0.12% fee on the first $2.5 billion.
Stablecoins are becoming crypto’s largest wasted resource
Stablecoins move trillions each year but mostly sit unused, leaving a widespread inefficiency across crypto markets.
Why Ray Dalio says Bitcoin can’t replace gold
Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior.
Bitcoin buyers ‘in control’ but trend won’t change until this level breaks
Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend.
Chinese fraud victims challenge UK redress plan for 61,000 seized Bitcoin: FT
Chinese investors defrauded in the Zhimin Qian case are asking the UK High Court to reject a redress plan for 61,000 seized Bitcoin, saying it could deprive them of the assets’ gains.