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Digital Asset and a group of financial institutions have completed a second round of onchain US Treasury financing on the Canton Network, introducing real-time collateral reuse and expanding the number of stablecoins involved.Five transactions were executed in the newest phase, building on the July pilot, which first demonstrated that US Treasurys and the USDC (USDC) stablecoin could be combined to finance and settle transactions on the blockchain.In the latest trial, the companies used multiple stablecoins to finance positions against tokenized US Treasurys, widening the pool of onchain liquidity available for financing transactions. The trial showed that tokenized US Treasurys could…

Weary U.S.-based bitcoin BTC$92 289,23 bulls might think it’s their imagination that they seem to wake up every morning to BTC doing pretty well only for prices to head lower during the U.S. trading session.They are, in fact, not imagining things.Data from crypto analytics platform Velo.xyz shows that over the past year, bitcoin is more likely to be in the green when traditional U.S. markets are closed and in the red when they’re open.Bitcoin performance by the hour over past year (Velo.xyz) Bloomberg’s Eric Balchunas said the data on better performance after U.S. hours was similar for 2024 as well and…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Crypto companies seeking a US federal bank charter should be treated no differently than other financial institutions, says Jonathan Gould, the head of the Office of the Comptroller of the Currency (OCC).Gould told a blockchain conference on Monday that some new charter applicants in the digital or fintech spaces could be seen as offering novel activities for a national trust bank, but noted “custody and safekeeping services have been happening electronically for decades.”“There is simply no justification for considering digital assets differently,” he added. “Additionally, it is important that we do not confine banks, including current national trust banks, to…

Key Takeaways BitMine has reported its first annual earnings since pivoting to an Ethereum treasury strategy. The company has amassed 3.86 million ETH, equivalent to around 3% of the circulating supply. Chairman Tom Lee is now targeting a 5% return. Upon presenting its 2025 earnings on Monday, Dec. 8, Bitmine Immersion Technologies revealed that it now holds 3.86 million ETH. Not satisfied with amassing the world’s largest Ethereum treasury, Chairman Tom Lee has set his sights on controlling 5% of the total ETH supply. Earn Crypto with These Top Mining Apps Sponsored Disclosure We sometimes use affiliate links in our…

The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing select digital assets — bitcoin BTC$90 972,04, ether ETH$3 134,86 and USD Coin (USDC) or other payment stablecoins — to be used as collateral in U.S. derivatives markets.The program, announced by Acting Chairman Caroline Pham, is part of a broader push to give market participants clear rules for using tokenized collateral, including tokenized versions of real-world assets like U.S. Treasuries.“Today, I am launching a U.S. digital assets pilot program for tokenized collateral, including bitcoin and ether, in our derivatives markets that establishes clear guardrails to protect customer assets and…

Strategy Executive Chairman Michael Saylor said today that he has met with “every sovereign wealth fund in the Middle East,” as he continues to promote Bitcoin-backed financial structures to some of the world’s largest pools of capital. “I’ve been meeting with sovereign wealth funds, banks, fund managers, regulators—about 50 to 100 investors across every jurisdiction,” Saylor said.   Saylor said his message was simple: Bitcoin is digital capital, or digital gold, and digital credit builds on it by stripping out volatility to generate yield—offering cash flow now instead of waiting decades for capital to appreciate. Speaking at the Bitcoin MENA conference,…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to the latest on-chain data, BitMine viewed the latest market downturn as an opportunity to further increase its exposure to Ethereum, the second-largest cryptocurrency by market cap. In two separate fresh buys, the Ethereum treasury firm expanded its holdings by over $199 million worth of Ether tokens. BitMine Now Holds 3.08% Of Total Ether Supply In a recent post on the social media platform X, blockchain data firm Lookonchain revealed that BitMine acquired $199 million worth of Ethereum in the past two days. This fresh round…

‘Delay’ came as operator Dunamu finalised a merger deal with NaverUpbit: we responded first by suspending withdrawals, then reported to regulatorRegulator and police conducting on-site investigationsSouth Korean police are investigating last month’s hack on the Upbit crypto exchange, after learning that the platform lost $30.2 million in under an hour on November 27.Upbit is under fire for reporting the incident to financial regulators “over six hours after the accident took place,” the South Korean newspaper Chosun Ilbo reported.Media outlets in South Korea have suggested that Upbit delayed reports of the hack so as not to detract from an announcement from…