Author: WebDesk
Bitcoin continues to hover around the $112,500 level, with volatility persisting across the market following last week’s historic crash. According to on-chain data, short-term holders (STHs) remain under heavy pressure, showing clear signs of panic. The STH realized price, a metric that tracks the average cost basis of recent buyers, indicates that many traders are still reacting emotionally to price fluctuations. The latest liquidation event seems to have deeply impacted market sentiment — even a small pullback yesterday was enough to trigger another wave of panic selling. Related Reading Yet, while some investors capitulate, others are seizing the opportunity. The…
Sony Bank — yes, the same folks behind your Playstation — is making a power move into American finance. The digital banking arm of Japan’s Sony Group has officially filed with the U.S. Office of the Comptroller of the Currency (OCC) for a national banking charter, according to Law360. Sony Group Expands Fintech Push With […] Credit: Source link
A customer just bought a coffee using bitcoin at Compass Coffee. This reportedly marked the first-ever Square terminal in the world to accept bitcoin. The pilot launch, showcased during DC Fintech Week, was made possible through Square’s new Bitcoin payment integration. According to a Compass Coffee X post, the system worked seamlessly across multiple Bitcoin wallets, demonstrating the power of open payment standards and the Lightning Network. Compass Coffee, a beloved D.C. chain with 27 locations, hosted the demonstration and invited lawmakers and fintech leaders to see the technology in action. “Cannot wait to see this come to Square devices…
Paxos Trust Company has made history by temporarily minting the entire global debt on the Ethereum (ETH) network. On Wednesday, during the mid-North American session, Paxos minted $300 trillion in PayPal USD (PYUSD) before burning them within an hour.The incident stirred up the crypto investors for a few minutes since PYUSD is backed by the U.S. dollar in a ratio of 1:1 and Paxos is highly regarded as a reputable crypto firm. Moreover, the largest stablecoin Tether USDT has a market cap of slightly above $180 billion, while PYUSD has a fully diluted valuation of about $2.32 billion.Ethereum Benefits from…
Timothy Morano Oct 15, 2025 19:21 Bitcoin’s surge to $126.1k falters due to macroeconomic pressures and a historic $19B futures deleveraging, signaling a market reset phase with cautious sentiment and weakened ETF inflows. Bitcoin’s (BTC) impressive rally to a new all-time high of $126.1k has sharply reversed, impacted by significant macroeconomic stress and a massive $19 billion futures deleveraging event, as reported by [Glassnode](https://insights.glassnode.com/the-week-onchain-week-41-2025/). This deleveraging is one of the largest in history, prompting a reset phase in the market characterized by flushed leverage, cautious sentiment, and a dependency on renewed demand for…
Luisa Crawford Oct 15, 2025 18:55 CMB International collaborates with BNB Chain to tokenize a $3.8 billion money market fund, enhancing blockchain access to regulated real-world assets. CMB International Asset Management Limited (CMBIAM), a subsidiary of China Merchants Bank, has partnered with BNB Chain to bring a significant money market fund on-chain. This collaboration introduces the CMB International USD Money Market Fund, valued at over $3.8 billion, to the blockchain ecosystem via CMBMINT and CMBIMINT tokens, according to BNB Chain. Bringing Institutional Funds On-Chain The initiative marks a pivotal advancement in integrating regulated…
Gold’s massive rise in 2025 is capturing investor attention, with market veteran Ed Yardeni declaring it the “new bitcoin.” Yardeni argued that gold has outperformed bitcoin as a safe-haven asset amidst growing geopolitical uncertainty. “Bitcoin has been described as ‘digital gold,’ but we would describe gold as ‘physical bitcoin,’” Yardeni wrote, highlighting gold’s historical reliability compared with bitcoin’s shorter track record and risk-on behavior, Yardeni wrote in a Wednesday note from Yardeni Research reported by CNBC. The numbers back up his claim. Gold has surged roughly 60% year-to-date, while bitcoin’s gains have been closer to 20%. In recent weeks, gold…
Shiba Inu is one of the most popular cryptocurrency coins at the moment. The Shib army loyalists have long been vying to witness a stellar SHIB price hike, like the one that they witnessed back in 2021, when SHIB soared high to hit the $0.000008 price mark. The SHIB enthusiasts are now waiting in line for the Shiba Inu price to attract new momentum again. But with the current market flow, pace, and SHIB market supply stats, which are in the trillions, it seems that Shiba Inu may not be able to explore ambitious price marks such as $1 or…
Since the launch of Dogecoin in 2013 to Shiba Inu’s dramatic rise in 2021, these tokens have managed to convert sheer online enthusiasm into ecosystems worth billions of dollars. With another bull market in sight, however, there is a new contender for the crown. Little Pepe (LILPEPE) is rapidly building a large community, has impressive presale numbers, and is thought to have an effective marketing strategy, positioning Little Pepe to become a major meme coin phenomenon—one that is projected to surpass Shiba Inu (SHIB) and possibly reach $1 before Dogecoin (DOGE) if the current trends persist.Little Pepe (LILPEPE): The New…
Erebor has obtained preliminary conditional approval for a national bank charter, positioning itself to target the innovation economy and become a cornerstone for crypto and AI startups. Summary Erebor has received preliminary conditional approval from the OCC to operate as a national bank. Backed by Peter Thiel, Palmer Luckey, and Joe Lonsdale, Erebor aims to serve crypto, AI, and defense startups. The OCC’s decision signals a policy shift toward allowing “safe and sound” digital asset activities within federally chartered banks. According to a press release dated Oct. 15, the Office of the Comptroller of the Currency granted Erebor Bank preliminary…
