Key Takeaways The Wall Street Journal reports JPMorgan, Citi, BofA and Wells Fargo plan a tokenized deposit network via The Clearing House by 2027. JPMorgan’s JPM Coin already runs on Coinbase’s Base for institutional clients, giving it a head start over the broader consortium. The Cari Network, backed by five regional banks, targets a separate…
Key Takeaways Brandt said bitcoin has reached his initial downside target near the February low area. Further declines or a capitulation event could occur before stability returns. Earlier cycle projections pointed to a $300,000-$500,000 bitcoin peak by 2029. Peter Brandt Says Bitcoin May Not Find a Tradable Low Until October Bitcoin’s latest drop has returned…
Key Takeaways Coinbase and Better completed a pioneering Fannie Mae-backed mortgage tied to bitcoin collateral. Qualified borrowers can pledge bitcoin or USDC to support down payment financing. The milestone arrives as federal housing agencies examine crypto in mortgage assessments. Bitcoin Collateral Moves From Crypto Portfolios Into Home Lending The first Fannie Mae-backed bitcoin mortgage has…
Key Takeaways Peer-to-peer sports exchange Pred launched public access on Base to capture the 2026 FIFA World Cup volume. CEO Amit Mahensaria notes Pred circumvents standard sportsbook biases via 200ms onchain USDC settlement. Post-tournament, Pred will deploy live micro-markets to capture ongoing domestic league trade volumes Beta Engagement and Performance Metrics Pred, a peer-to-peer sports…
Key Takeaways FG Nexus bought 50,770 ETH for $196M in 2025, then sold 36,025 ETH at lower prices. FG Nexus realized losses above $85M, highlighting risks in ethereum treasury strategies. Everstake data suggests ETH firms increasingly rely on staking as markets stay challenging. FG Nexus’ $196M Ethereum Bet Backfires as Losses Surpass $85M FG Nexus…
Key Takeaways Trump issued EO 14404 on May 1, forcing a bank to cut ties with Fincimex and next halt Cuba transactions. Halting Visa and Mastercard hits Cuba’s tourism market, next blocking 100% of income from Western cards. Effective June 6, tourists must next rely on Mir Cards or UnionPay as OFAC broadens trade sanctions….
Key Takeaways Strategy sold 32 BTC on June 1, 2026, ending its standalone sale streak since 2022. U.S. bitcoin ETFs logged $4B in outflows, adding pressure to BTC prices. Michael Saylor cites $400B artificial intelligence (AI) spending as a key factor to watch next. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT,…
Key Takeaways DDC Enterprise purchased 90 BTC on June 3, 2026, lifting total holdings to 2,804 BTC at a $78,736 average cost. The company’s YTD BTC Yield of 48.3% tracks per-share bitcoin exposure growth, not price appreciation. DDC now ranks approximately #28 among public corporate bitcoin holders, with holdings nearly tripling since mid-2025. Another Dip…
Key Takeaways DOJ and partners disrupted 1.4M+ scam-linked accounts during May 18-21 operations. Coinbase helped freeze $3M+ in crypto as fraud losses topped $7.2B in 2025. DOJ, Meta, and global agencies identified suspects and may pursue new prosecutions. DOJ Targets Southeast Asia Scam Networks, Freezing $3.8M in Stolen Crypto The U.S. Justice Department said it…
Key Takeaways In August 2025, the Israel Tax Authority cut anonymity rules, causing crypto disclosures to drop to just 58. The policy shift left Israel with $14 million in revenue, missing a $700 million market collection goal. Taxpayers face a steep compliance hurdle before the current voluntary disclosure track closes on Aug. 31, 2026. Broad…
