Backed by U.S. Treasuries, USDM1 marks a new model for digital public finance and universal basic income in underserved regions.
The exchange partnership sparked measured buying as volume rose 17% above monthly averages.
After its latest purchase, the company now holds 5,098 bitcoin worth nearly $450 million
The banking regulator began its formal rulemaking process to set up the procedures by which depository institutions can start stablecoin subsidiaries.
Volume surged 86% above average during resistance rejection, though late-session breakout signals potential reversal from bearish structure.
The decline appeared technical, rather than tied to BNB-specific negative news, and was accompanied by a wider crypto market downturn.
Roughly 400,000 bitcoin mining machines shut down in China, according to former Canaan chairman.
The Wall Street firm said faster U.S. stablecoin and charter rules are pulling crypto into the regulated banking system and pushing banks toward an on-chain future.
The bank has bought the Securitize For Advisors unit, bringing the RIA-focused crypto wealth management platform in-house.
Bitcoin Depot’s Scott Buchanan argues that crypto ATM operators must continually strengthen their safeguards and make things safer and more transparent for users — protective actions that not only benefit individual crypto users but also bolster the market’s integrity and support its long-term growth.
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
The protocol automates yield generation by rebalancing capital across DeFi protocols, factoring in risk, and offers access to various assets.