Key Takeaways Glassnode data shows bitcoin remains below major on-chain recovery benchmarks. Recent market participants continue carrying unrealized losses near 10%. A reclaim of the True Market Mean, a return of recent buyers to profitability, and renewed capital inflows would strengthen the case for a sustained recovery. Bitcoin’s Rebound Leaves Recent Buyers Under Pressure Bitcoin…
Malta’s financial regulator has proposed a new legal category for decentralized autonomous organizations as part of a consultation on how decentralized finance could be regulated under the European Union’s crypto framework. Summary Malta’s MFSA has proposed a new “software-based organization” category that would include DAOs and other DeFi entities. The regulator said many DeFi projects…
There are basically two good times to buy an espresso maker or a latte machine: Amazon Prime Day and Black Friday. That’s when these machines go on the biggest sales of any given year—including the two most popular espresso machines on earth, according to Amazon sales figures. The Breville Barista Express and the Ninja Luxe…
Will ADA crash to $0.13 in the coming days? ADA – the native token of Cardano – has been hit hard by the ongoing bear market, while recent concerning statements from co-founder Charles Hoskinson have only worsened its condition. And as holders cling to hopes of a much-needed rebound, some factors indicate that a…
AI inference company Baseten is close to finalizing a stunning $1.5 billion funding round at a $13 billion valuation, the Wall Street Journal reports. Just five months ago, the startup announced that it had raised a $300 million Series E at a $5 billion valuation. And that round was just nine months after raising a…
Key Takeaways Renewed Blackrock ETF speculation has strengthened the bullish narrative surrounding XRP. Broader adoption and settlement use cases could require a substantially higher XRP price. Institutional infrastructure developments remain a closely watched catalyst for market participants. XRP Adoption Narrative Expands Beyond ETF Speculation Speculation surrounding a potential Blackrock XRP ETF has resurfaced after Jake…
Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. Summary Morgan Stanley amended its Ethereum and Solana ETF filings to include staking and a 0.14% annual fee. The proposed structure…
Jeff Bezos’ aerospace company Blue Origin is aiming to launch another rocket before the end of 2026, setting an ambitious timetable after a recent explosion damaged launchpad infrastructure and equipment. It is rebuilding the facility at Cape Canaveral Space Force Station in Florida, where the explosion occurred last month. Blue Origin CEO Dave Limp said…
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Key Takeaways Central Bank of China added 26 banks to CBETS on Tuesday to boost cross-border digital yuan adoption. Mbridge hit $55B in volume by January, with 95% in digital yuan, aiming to challenge SWIFT’s market share. In April, the yuan dropped to 2.85% on SWIFT, as firms seek alternatives to avoid market sanctions. China…
