Bitcoin ends October in red, but now enters its biggest month for gains
Bitcoin has typically recorded its strongest month for gains in November, and there are certainly macro tailwinds to make it happen again.
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Steak ‘n Shake Bitcoin reserve: Happy meal for hodlers or nothingburger?
The fast-food chain is also donating 210 sats from every Bitcoin meal toward open-source Bitcoin development.
Musk unveils X Chat, a messenger with encryption ‘similar to Bitcoin’
Elon Musk expects X Chat to launch within the next few months and promises it won’t sell or share users’ data with advertisers.
Bitwise exec says a bet on Solana gives ‘two ways to win’
Bitwise’s Matt Hougan said Solana has good odds of winning a larger share of the stablecoin and tokenization market.
Western Union’s ‘WUUSD’ trademark hints at crypto offerings
A trademark filing by Western Union for “WUUSD” suggests the company is looking into building crypto wallet, crypto trading and even crypto lending services.
Nordic bank that once shunned crypto to soon offer a Bitcoin ETP
Nordea announced in 2018 that it would ban employees from buying and holding Bitcoin due to concerns that the crypto market was unregulated.
How Evernorth plans to turn XRP into a $1B corporate treasury asset
Evernorth plans to go public via a SPAC and deploy over $1 billion to buy and manage XRP, creating one of the largest public XRP treasuries.
Bitcoin ETFs post $470M outflows as Fed cuts rates, Trump talks trade
Spot Bitcoin ETFs recorded their largest day of outflows in two weeks as the Federal Reserve cut rates, leading to a choppy day for US markets.
Frax, IQ launch Korean won-pegged KRWQ on Base amid stablecoin push
Crypto protocols Frax and IQ have partnered to launch KRWQ, a Korean won stablecoin designed to be fully regulatory-compliant amid the country’s stablecoin push.
Australian regulator gives long-awaited crypto guidance, but concerns remain
The local industry has welcomed the Australian Securities and Investments Commission’s expanded crypto guidance, but resourcing concerns remain.