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Crypto Exchange Coinbase Introduces Its Own Stablecoin Payment Platform

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Coinbase (COIN), the US-listed cryptocurrency exchange, is introducing a stablecoin payments platform to allow businesses to send and receive USDC, the company announced Thursday. Simply named “Coinbase Business,” the new set of tools will simplify vendor payments, eliminate chargebacks and offer seamless API integrations, allowing businesses to scale efficiently, the exchange said. USDC balances held […]

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Bears Fight Critical Support Zone as BTC, Stocks and Gold Volatility Indices Rise

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Bitcoin BTC$108,694.70 the price is oscillating precariously within the critical support zone amid increasing volatility indices across all asset classes. The leading cryptocurrency by market value fell almost 2.5% to $108,000 in 24 hours. It entered the key support zone at $107,000 to $110,000, which if breached would mark a significant weakening in buying pressure

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Bitcoin (BTC) network hashrate took a break in the first two weeks of the month: JPMorgan

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The Bitcoin network’s hashrate declined slightly in the first two weeks of October, falling from 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan (JPM) said in a report on Thursday. The decline in the hashrate follows successive records observed in August and September. U.S.-listed miners tracked by the

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Stablecoins can reduce the cost of cross-border payments by 99%, according to KPMG

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Stablecoins are emerging as one of the clearest near-term use cases for transforming cross-border payments, according to a report from accounting firm KPMG published last month. Banks currently rely on a correspondent banking network that moves about $150 trillion a year, the report said, a system that typically takes between two and five days to

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A Simple Reason Why Bitcoin, Ether, XRP, and Solana Can’t Take a Break

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In a story that is becoming all too familiar to crypto bulls, prices fell sharply on Thursday even as gold and silver hit new record highs. Bitcoin BTC$107,986.98 fell about 2% in the past hour to $108,800, having all but abandoned its rebound following Friday’s crash. Action in rest of crypto shows even steeper declines,

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BNY Mellon Remains “Nimble” on Stablecoin Plans, Focuses on Infrastructure

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BNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching its own token, executives said during the company’s recent earnings discussion Thursday. The bank, one of the world’s largest custodians, has proposed several blockchain-related investments in 2025, including those that would support real-world asset settlement and tokenized payments. Executives linked

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US Fed’s Barr lists dangers to avoid in future stablecoin regulations

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WASHINGTON, DC — The crypto industry and some of Wall Street’s financial giants have been scrambling to build stablecoin infrastructure long before U.S. watchdogs set their regulations, and Federal Reserve Governor Michael Barr took a moment Thursday to remind the industry’s legal experts of the dangers posed by the nominally safe assets. “Issuing liquid liabilities

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Daylight raises $75 million to build a decentralized energy network

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Daylight, a decentralized energy company, has raised $75 million to expand its blockchain-based power grid, the company announced Thursday on X. The round includes $15 million in equity led by Framework Ventures, as well as $60 million in project funding from Turtle Hill Capital, with participation from a16z crypto, M13, EV3 Ventures, Lerer Hippeau and

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Bitcoin (BTC) Price Analysis: Credit Issues Emerging

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U.S. stocks take a hit Thursday as credit woes begin to emerge alongside a slowing economy. “When you see one cockroach, there are probably more,” JPMorgan CEO Jaime Dimon said yesterday during his bank’s quarterly earnings conference call. Dimon was referring to the bankruptcies earlier this fall of auto parts supplier First Brands and subprime

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