Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Companies News
- News2352
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Strategy funded a new reserve from stock sales to cover at least 12 months of dividends as it boosts its Bitcoin stash to 650,000 coins amid market volatility.
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Tether halted Bitcoin mining in Uruguay, reportedly dismissing 30 staff amid increasing energy costs and a $4.8 million debt dispute with state power firm UTE.
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Licensed by Austria’s Financial Market Authority, KuCoin EU can operate across 29 EEA countries, excluding Malta.
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The financial services giant has filed with the US Securities and Exchange Commission to launch a leveraged BTC financial product.
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Visa has partnered with crypto infrastructure company Aquanow to expand stablecoin settlement across the CEMEA region, cutting cross-border costs and friction.
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ARK Invest expects another $300 billion in liquidity to return after the government shutdown, a development that may alleviate the “liquidity squeeze” affecting crypto and AI valuations.
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The breach occurred as Upbit’s parent company, Dunamu, sealed a $10 billion acquisition deal with Naver and plans an initial public offering in the US.
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Santiago Roel Santos argues that crypto lacks true network effects and is overpriced as a result, but other experts counter that L1 network effects are present.
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Tether accounted for almost 2% of global gold demand last quarter, with Jefferies noting that its aggressive buying may be influencing short-term market sentiment.
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The Trump family-backed WLFI purchased nearly $8 million worth of tokens, aiming to mitigate the downtrend of the token by artificially reducing the outstanding supply.
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Naver Financial plans to acquire Dunamu in a $10.3 billion stock-swap deal, issuing 87.56 million new shares and making the crypto giant a wholly owned subsidiary.
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Deutsche Börse is integrating AllUnity’s EURAU stablecoin into its market infrastructure — its third euro-pegged stablecoin — signaling a full-spectrum push.
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Standard Chartered will provide digital asset custody for 21Shares, signaling deeper expansion into crypto by traditional financial players.
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Regulators and the Bank of Korea remain at odds over bank dominance in issuing won-backed stablecoins, stalling a long-awaited framework expected this year.
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