Japan is preparing to build a blockchain-based financial infrastructure that could allow stocks and Japanese government bonds to settle almost instantly, potentially reshaping how transactions are processed across one of the world’s largest financial markets. The Financial Services Agency (FSA), Ministry of Finance, Bank of Japan (BOJ) and domestic financial institutions are expected to launch…
Thirty-nine U.S. state banking associations are joining forces to build a blockchain network for banks, marking a major step by traditional finance into stablecoins, tokenized deposits and blockchain-based payments. The newly formed BankChain Alliance announced Tuesday that it plans to develop an industry-owned, industry-designed and industry-governed blockchain network, targeting a launch in 2027. Together, the…
Bitcoin’s latest surge has traders making increasingly aggressive bets that the rally has further to run. On Monday, one or more traders bought 2,000 Bitcoin call-option contracts with an $82,000 strike price expiring Sept. 4, according to Laevitas. The position cost about $2.9 million in premiums. The trade is a straightforward bullish bet: Bitcoin needs…
Bitcoin has climbed above $80,000 for the first time since May, extending a rapid recovery that has brought fresh optimism back to the cryptocurrency market. The rally has been supported by renewed demand from U.S. spot Bitcoin ETFs, shifting expectations around Treasury policy and a weaker dollar, although investors now face several tests that could…
Bitcoin has surged back toward $80,000, gaining roughly 24% over the past week and breaking out of a six-week trading range. The rally has renewed investor interest, but Grayscale Research believes the current price may still offer a favorable entry point for long-term investors. Bitcoin rose more than 1% on August 24 to above $78,330,…
Bitcoin has staged a sharp recovery, climbing toward $80,000 and prompting Standard Chartered to warn that its $100,000 year-end forecast may now be too conservative. BTC rose roughly 24% over the past week, reaching about $79,500 on Aug. 21 before pulling back. The move marks a major turnaround from June, when Bitcoin fell to around…
Bitcoin is back within striking distance of $80,000, and traders on Polymarket are increasingly betting that the cryptocurrency will reach the milestone before the end of August. Polymarket’s Bitcoin market currently gives BTC a 59% chance of touching $80,000 this month, according to the prediction market. The odds have risen sharply as Bitcoin’s latest rally…
Strategy has moved back into the black on its massive Bitcoin treasury after a sharp five-day rally pushed BTC above the company’s average acquisition price. Bitcoin climbed to around $77,300 on Aug. 21, up roughly 23% from about $62,800 at the beginning of the week. The move erased months of unrealized losses for Strategy, turning…
Bitcoin has reclaimed $70,000 for the first time since June, snapping a long stretch of weak price action and giving the crypto market a fresh burst of momentum. BTC briefly touched $70,000 on August 19 before pushing above $71,000 on August 20. The move came after Bitcoin had traded below $65,000 just days earlier, turning…
BitMEX co-founder Arthur Hayes is stepping back into an operating role in crypto, announcing that he will lead Flop Labs, a startup developing blockchain infrastructure designed for autonomous AI agents. Hayes announced the move on Aug. 18, saying he was “coming out of retirement” to lead Flop Labs. He has also updated his X profile…
