Chainlink and Swift Enable Banks to Access Blockchains Without Infrastructure Upgrades
Chainlink has unveiled a new technical framework allowing financial institutions to manage digital asset workflows using Swift’s global messaging system, eliminating the need for infrastructure upgrades or overhauls to legacy processes. Key Takeaways: Chainlink and Swift have enabled banks to trigger blockchain transactions using ISO 20022 messages without changing existing systems. UBS successfully piloted the […]
Societe Generale’s Crypto Arm Brings Euro and Dollar Stablecoins to DeFi via Ethereum
Societe Generale’s digital asset unit, SG-FORGE, has taken its euro- and dollar-denominated stablecoins deeper into decentralized finance (DeFi), deploying them on Ethereum-based protocols Morpho and Uniswap. Key Takeaways: SG-FORGE has launched its euro and dollar stablecoins on Ethereum via Morpho and Uniswap. Users can now borrow, lend, and trade EURCV and USDCV against major crypto […]
Tether May Eclipse Saudi Aramco as World’s Most Profitable Company, Says Bitwise CIO
Tether may become the world’s most profitable company if the stablecoin issuer continues its explosive growth trajectory, according to Bitwise Chief Investment Officer Matt Hougan. In a September 29 investor memo, Hougan suggests that Tether could surpass even Saudi Aramco’s record-breaking $120 billion profit from 2024, which is the most lucrative year in corporate history. […]
SOL Price Poised for October Breakout as ETF Speculation Intensifies
SOL price is at a crucial inflection point as ETF speculation builds ahead of October deadlines. With institutional products already showing momentum and ecosystem upgrades underway, investors are closely watching Solana crypto as it defends key support levels and prepares for a potential rally. ETF Momentum Builds Case for SOL Upside The ETF-related optimism is […]
Ethereum Reserve Surges by Over 5 Million ETH in 5 Months, Reaching $21 Billion Value
Between April and September, the Strategic ETH Reserve (SER), including ETF-linked holdings, recorded substantial Ethereum accumulation. From mid-April through late September, the reserve grew from below one million ETH to over 5.25 million ETH. The rise in holdings occurred in steady phases, with a significant acceleration after mid-July. As of September 27, the total ETH […]
Stablecoin Market Surges on U.S. Regulation, With Circle’s USDC Gaining Ground: JPMorgan
JPMorgan analysts said the stablecoin market has pulled ahead of the broader crypto ecosystem this year, fueled in part by the passage of the U.S. GENIUS Act. At nearly $300 billion, the market has grown 42% year-to-date, nearly double the 21% growth of crypto overall, according to a report published Tuesday. The report notes that […]
Forget Meme Coins: BlockDAG $415M+ Raise & BWT Alpine F1® Team Deal Just Crushed Maxi doge and Pepenode Presales!
Plenty of new presale crypto coins promise quick returns, but many still fall into the same trap: hype without substance. Maxi Doge (MAXI) has built attention through its meme appeal and generous staking rewards, yet much of its value depends on timing the presale stages. pepenode adds a gamified mining twist with node upgrades and […]
Strategy stacks 7K Bitcoin, stablecoins cross $295B: September in charts
Strategy has slowed down its Bitcoin acquisition strategy with smaller buys this month, while the number of crypto millionaires grows closer to a quarter million.
Bitcoin isn’t dying, it’s becoming domesticated
Wall Street’s ETFs are domesticating Bitcoin into a fee machine, stripping away peer-to-peer ethos while concentrating power in custodial chokepoints.
CoreWeave Jumps 8% Pre-Market on Meta AI Deal, Core Scientific Merger Looms
CoreWeave (CRWV), an AI-focused cloud computing company, secured a $14.2 billion deal with Meta Platforms (META) to supply Nvidia’s latest GB300 systems, according to a Bloomberg report citing an interview with CEO Michael Intrator. Shares in the company, which is in the process of buying Core Scientific (CORZ) for $9 billion, jumped more than 8% […]
Tether Adds $1B in Bitcoin to Reserves as USDT Supply Nears $175B, Blockchain Data Shows
Tether, the crypto firm behind the USDT (USDT) stablecoin, has added about $1 billion worth in bitcoin (BTC) to its reserves, bringing holdings to $9.7 billion as the supply of its flagship stablecoin rose to nearly $175 billion. Blockchain data by Arkham Intelligence shows that the address tagged as “Tether: Bitcoin Reserves” received 8,889 BTC […]
The Utility of Bitcoin: Moving Value Like Information
Bitcoin Magazine The Utility of Bitcoin: Moving Value Like Information You’d be forgiven for thinking that technological development was following a predetermined trajectory. In the past few decades, we’ve seen the rise of personal computers, the internet, mobile devices, and now, the advent of Bitcoin. It’s already well-established that bitcoin is the best asset. That’s […]