Largest U.S. banks have moved toward a shared tokenized deposit network as stablecoin firms push deeper into payments and corporate finance. Summary Major U.S. banks plan a tokenized deposit network through the Clearing House, with launch targeted for early 2027. The network will let banks move tokenized deposits instantly across blockchain infrastructure with round-the-clock settlement…
FG Nexus began buying ETH on Ethereum’s 10th anniversary but soon faced one of crypto’s sharpest downturns. Nasdaq-listed Ethereum treasury firm FG Nexus has recorded cumulative losses of more than $85 million on its Ethereum treasury strategy after selling a large portion of its holdings at a significant discount. According to data shared by…
CME Group Chief Executive Terry Duffy has warned that the recent approval of cryptocurrency perpetual futures in the U.S. has created significant risks for investors and the financial system, calling the products “a disaster waiting to happen.” Summary CME CEO Terry Duffy called U.S. crypto perpetual futures a “disaster waiting to happen.” Duffy warned that…
The bears have taken total control of the crypto market lately, suppressing the prices of multiple leading digital assets, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), Cardano (ADA), and many more. Nonetheless, a handful of tokens have managed to remain in green territory, with Worldcoin (WLD) among them. What’s Coming Next? A few…
The cryptocurrency-funded peptide market has surpassed a $100 million annual run rate after first-quarter sales jumped 159% quarter-over-quarter to $32 million, according to a new report from Chainalysis. Summary Chainalysis says the crypto-funded peptide market has exceeded a $100 million annual run rate. Q1 2026 peptide sales jumped 159% quarter-over-quarter to $32 million. Average spending…
SEC Commissioner Hester Peirce has said that software developers who publish open-source blockchain code should not face federal securities registration rules simply because others use their work. Summary Hester Peirce said open-source DeFi code should not automatically expose developers to federal securities registration requirements or intermediary rules. Peirce argued that securities violations should rest with…
Some observers noted that lower share prices and higher yields can create a feedback loop that may become harder for Strategy to manage. Strategy’s preferred stock STRC closed Wednesday at $94.65, about 5% below its $100 par value, touching off a wave of alarm on social media. While some critics have aired concern about…
Plume and Ether.fi have launched a yield-bearing real-world asset vault with a $100 million exclusive allocation from Ether.fi. Summary Plume and Ether.fi launched a yield-bearing RWA vault with a $100 million exclusive allocation. Ether.fi users can access tokenized real-world asset yield directly through the ether.fi app. Plume said the vault includes institutional assets such as…
Bitcoin has fallen more than 15% this week and briefly slipped towards $61,000, yet Standard Chartered has kept its year-end price target at $100,000 and said the current decline may offer a buying opportunity. Summary Standard Chartered kept its $100,000 Bitcoin target, saying the recent selloff may be nearing an end. Geoffrey Kendrick expects Strategy…
In Bitcoin news today, the BTC price has fully retraced to its pre-Iran conflict lows, dropping -5.5% to $61,322 in early Singapore trading on June 4, its weakest level since February 6, 2026, before recovering to around $64,200 by early afternoon. The move wipes out the entire geopolitical premium that had lifted BTC toward the…
