Category: Peer to Peer

Circle moved about $68 million within half an hour using its own stablecoin infrastructure, offering a glimpse of how digital assets could reshape internal corporate payments traditionally handled through banks.The payments were carried out through the company’s Mint platform, a system designed to allow businesses to create and redeem the USDC stablecoin while managing liquidity across accounts. Chief executive Jeremy Allaire said the transfers took roughly 30 minutes to complete, far faster than conventional bank wire settlements that can take

Pi Network’s token price has climbed about 15 per cent over the weekend, drawing renewed attention from traders as transaction volumes expand across crypto exchanges. Market participants say the move reflects a broader pattern of speculative interest surrounding the project’s ecosystem, though analysts argue that a key price level around $0.28 remains critical in determining whether the rebound can evolve into a stronger trend.The token associated with Pi Network, a blockchain initiative that promotes mobile-based cryptocurrency mining, recorded a steady

 Kraken has gained access to the Federal Reserve’s core payments infrastructure, marking a milestone for the digital asset sector as a cryptocurrency exchange moves closer to the centre of the United States financial system. The development places the San Francisco-based platform among institutions able to connect directly with the Federal Reserve’s payment rails, a step long sought by digital asset firms seeking to bridge traditional banking and crypto markets.The move centres on access to the Federal Reserve’s payment network, which

Tether has appointed Deloitte to provide an independent attestation of reserves backing its new USAT stablecoin, marking a notable step in the issuer’s long-running effort to bolster transparency around its dollar-linked tokens.The engagement, confirmed by the company, will result in a third-party report verifying assets held against USAT at a specified date. Unlike a full financial audit, the attestation offers a point-in-time snapshot of reserves and does not examine broader aspects of Tether’s operations, liabilities or internal controls.USAT is Tether’s

Crypto exchange OKX has launched a developer-focused toolkit designed to power autonomous artificial intelligence agents on blockchain networks, marking a decisive step in the race to merge decentralised finance with machine-driven decision-making.The new framework, branded OnchainOS, is positioned as a programmable layer that allows developers to stitch together wallets, token swaps and real-time data feeds into self-operating bots capable of executing transactions without continuous human input. The company says the system is intended to lower the technical barriers for building

Bitmine Immersion Technologies has disclosed the purchase of 50,928 Ethereum, significantly boosting its position in the second-largest cryptocurrency by market capitalisation as global markets weigh broader geopolitical tensions and digital asset volatility. The acquisition pushes the publicly traded firm’s total ETH holdings to approximately 4.47 million tokens, equivalent to about 3.71 per cent of the total Ethereum supply, underscoring an aggressive treasury strategy that seeks to scale exposure to the asset and harness staking yields.The Las Vegas-based company, listed

BlackRock’s transfer of more than $74 million in bitcoin to Coinbase has drawn scrutiny across cryptocurrency markets, highlighting institutional behaviour and sparking fresh debate on the purpose of large-scale asset movements among major financial players. On the blockchain, wallets linked to the world’s largest asset manager deposited 1,134 bitcoin — valued at roughly $75 million — into Coinbase Prime over a brief window, an action that analysts and traders say could reflect a range of strategic motives beyond simple buying

A prominent XRP investor has publicly defended an ambitious $31 price projection for Ripple’s XRP token, arguing that long-term technical indicators and structural shifts in the digital-asset market could propel the cryptocurrency into a new valuation range.The projection, which has circulated widely across trading forums and social media platforms, suggests XRP may be approaching what chart analysts describe as a “springboard” formation. Supporters of the view point to multi-year consolidation patterns and improving regulatory clarity around Ripple’s operations in the

Crypto markets are drawing fresh attention towards supply-focused narratives as Hyperliquid’s native HYPE token climbed about 5 per cent in tandem with strong weekly gains in Jupiter’s JUP token, propelled by strategic supply interventions that traders believe could tighten circulation and support prices. HYPE’s uptick came despite a significant unlock of tokens this week, raising questions about market resilience around deflationary mechanisms as Bitcoin continued range-bound trading.Activity on Hyperliquid’s decentralised perpetual futures exchange has become a focal point for

 Bitcoin’s steep fall from its record highs has wiped out trillions of dollars in market value across the digital assets sector, yet some of the world’s largest financial institutions are signalling that their appetite for the asset class remains intact.At the iConnections Global Alts conference in Miami, attended by hedge funds, private equity firms and institutional allocators, speakers described digital assets as an established component of alternative portfolios rather than a speculative side bet. The tone marked a shift from

Strategy, the Nasdaq-listed company widely known for its bitcoin treasury focus, increased the annual dividend on its perpetual preferred stock, known as STRC or “Stretch,” to 11.50 per cent, as its common share, MSTR, recorded its eighth consecutive monthly decline. Led by Executive Chairman Michael Saylor, the board approved a 25-basis-point rise in the STRC payout rate for March 2026, marking the seventh adjustment of the variable yield since the security’s launch in July 2025. The move comes amid sustained

Polymarket has drawn record global trading activity after a contract tied to possible military strikes involving the United States and Iran surged past $529 million in cumulative volume, placing it among the most heavily traded markets in the platform’s history.Data published on the decentralised prediction platform show that wagers on whether the United States would carry out military action against Iran before a specified deadline eclipsed volumes typically associated with presidential election cycles. The contract, structured as a binary bet,

Block, Inc. disclosed a strategic increase in its Bitcoin holdings during the fourth quarter of 2025, purchasing 340 bitcoins valued at roughly $22 million and bringing its total treasury reserve to about 8,883 BTC. The acquisition forms part of the fintech company’s long-term asset allocation strategy, underscoring its continued commitment to digital asset accumulation even as broader market conditions fluctuate. This move emerged alongside earnings results that met analysts’ expectations, providing a boost to investor sentiment and lifting Block’s share

Trading activity across major perpetual-futures decentralized exchanges has weakened, with key protocols reporting lower volumes as market sentiment across digital assets shows persistent strain. Data compiled by industry trackers indicates that the leading perpetual DEX, Hyperliquid, saw its trading volume fall by about 15.5 per cent over one 24-hour period, even as it remained by far the largest venue by daily activity.Hyperliquid processed roughly $60.3 billion in perpetual DEX volume over the most recent reporting period, with total value

Bitcoin weakened sharply amid a broader shift in investor sentiment after the release of United States inflation figures that showed producer prices rising more than expected, prompting traders to dial back risk exposure and temper expectations of near-term interest rate cuts by the Federal Reserve. The world’s largest cryptocurrency slipped back toward the key $65,000 level, erasing much of the mid-week rally that had pushed prices toward $70,000 and highlighting lingering headwinds for digital assets as macroeconomic pressures intensify.Prices for

Treasury manager FG Nexus has intensified its reduction of ether holdings, selling 7,550 ETH valued at about $14 million as part of a strategic unwind that has now crystallised more than $80 million in losses on its corporate crypto portfolio. The firm’s move marks a continuation of a reversal from its earlier accumulation strategy, leaving observers scrutinising the viability of concentrated digital-asset reserves on corporate balance sheets.FG Nexus, which had amassed a sizeable position in Ethereum during a bullish

Hong Kong will begin issuing its first licences for fiat-backed stablecoin issuers in March, advancing its ambition to position the city as a regulated global hub for digital assets and virtual finance.Financial authorities have confirmed that the new regime will allow approved companies to issue stablecoins pegged to fiat currencies under a structured supervisory framework. The move follows months of consultation led by the Hong Kong Monetary Authority and the Financial Services and the Treasury Bureau, which have sought to

Adoption of Bitcoin is expanding across institutions, banks, corporations and retail investors even as sharp price fluctuations continue to test market confidence, according to new research from River, a US-based Bitcoin financial services firm.River’s latest report argues that Bitcoin’s long-term trajectory is being shaped less by short-term volatility and more by structural shifts in how capital allocators, payment companies and sovereign actors perceive digital assets. The firm says participation is broadening across multiple fronts, from listed companies adding Bitcoin to

BlackRock has transferred roughly $150 million worth of Bitcoin and Ethereum from wallets linked to Coinbase’s custody platform, prompting fresh scrutiny of how the world’s largest asset manager is structuring its digital asset exposure.Blockchain data tracked by market analysts show that the movements involved a combination of Bitcoin and Ether held in addresses associated with Coinbase Custody, a regulated service widely used by institutional investors. The transfers were executed in a single sequence of transactions, fuelling speculation over whether the

South Korea’s Bithumb has added GoPlus to its Korean won market, prompting a swift surge of more than 20 per cent in the token’s price before gains eased amid heightened trading activity.The listing, announced by one of the country’s largest cryptocurrency exchanges by volume, allowed users to trade GPS directly against the won, expanding the token’s accessibility in a market known for strong retail participation. Within hours of the debut, GPS recorded a sharp spike as buy orders outpaced

Digital asset investment products recorded net outflows of about $288 million over the latest week of trading, extending a multi-week streak of capital withdrawals by institutional and retail investors from cryptocurrency-linked funds. This marks the fifth consecutive week of net selling in crypto fund flows, pushing total outflows to roughly $4 billion over this period and signalling ongoing pressure on risk assets within the digital-asset space.Despite a modest rebound in some regions and asset classes, Bitcoin-focused products accounted for

Bitmine Immersion Technologies, a publicly traded crypto-focused firm, has scaled its treasury to US$9.6 billion, driven predominantly by its growing Ethereum holdings and staking operations, officials announced as of 22 February 2026. The accumulation comes as the broader crypto market contends with persistent price weakness, yet Bitmine’s strategy underscores its intent to cement a dominant position within the Ethereum ecosystem and global crypto treasuries.Bitmine’s balance sheet now includes about 4.42 million Ether tokens, representing roughly 3.66 per cent of the

Stablecoin payments firm RedotPay is weighing a public listing in the United States that could raise as much as $1 billion, signalling growing investor appetite for crypto-linked financial infrastructure as digital dollar transactions gain traction across retail and cross-border commerce.People familiar with the matter indicate the company has begun exploratory discussions with advisers about a potential initial public offering, though timing and valuation remain subject to market conditions. The deliberations come as stablecoins, digital tokens pegged to fiat currencies such

Bitcoin is hovering near the $60,000 threshold after a sharp weekly slide, with derivatives data indicating that a decisive break lower could unleash as much as $2.2 billion in forced liquidations across major exchanges.The world’s largest cryptocurrency has retreated from highs above $70,000 reached earlier this quarter, shedding momentum as risk appetite across global markets softens. Trading desks report heightened volatility and thinning order books around the psychologically significant $60,000 mark, a level widely viewed by analysts as both technical