Category: Peer to Peer

Fidelity Investments, the global asset manager overseeing about $6 trillion in client assets, is preparing to enter the fast-evolving stablecoin market with plans to issue its own digital token, signalling a deeper push by traditional finance into blockchain-based payments and settlement infrastructure.People familiar with the matter say the Boston-based firm has been working on the technical and regulatory framework for a dollar-linked stablecoin that would be designed primarily for institutional use. The initiative is expected to complement Fidelity’s existing digital

Dollar-pegged digital tokens are moving from trading desks into everyday payments, payrolls and cross-border transfers as financial institutions and consumer apps expand support for stablecoins, reshaping how value is stored and moved in the crypto economy.Stablecoins now account for a growing share of on-chain activity, reflecting demand for price stability amid swings in other digital assets. Market capitalisation has climbed sharply over the past year, crossing the $150bn mark and consolidating gains across the two largest tokens, while usage metrics

Bitcoin slipped below a widely watched technical support zone as BlackRock moved to expand its digital-asset line-up with a filing for a premium income exchange-traded fund linked to the world’s largest cryptocurrency, underscoring how product innovation is accelerating even as prices wobble.Market charts showed Bitcoin breaking beneath the lower boundary of an inverted flag formation, a pattern traders often read as a pause before a continuation lower. The move followed several sessions of compressed trading ranges and heavier selling during

DXC Technology has entered a strategic partnership with blockchain payments firm Ripple to integrate institutional-grade digital asset custody and payments into DXC’s Hogan core banking platform, a move aimed at accelerating banks’ adoption of tokenised assets and real-time settlement across borders. The collaboration brings Ripple’s blockchain infrastructure into a core system used by large financial institutions worldwide, positioning DXC to offer regulated banks a turnkey path to custody, transfer and settlement of digital assets alongside traditional accounts.The companies said the

Shiba Inu has moved into what market analysts describe as a yearly demand zone, a price range where buying activity has historically intensified, coinciding with a sharp acceleration in token burns that has removed a sizeable volume of SHIB from circulation. The shift has drawn attention across the digital asset market because a comparable alignment of price consolidation and aggressive supply reduction preceded a powerful rally during 2024.Data tracked by on-chain analytics platforms shows the SHIB burn rate jumping by

Revolut has shelved plans to buy a United States bank and is instead pursuing a fresh regulatory pathway as it recalibrates its long-delayed push into the world’s largest retail finance market. The London-based digital banking group has begun laying the groundwork for an application to the Office of the Comptroller of the Currency for a national banking licence, according to people familiar with the company’s strategy, marking a shift away from an acquisition-led entry.The change of course comes after extended

Bitcoin slipped below a widely watched technical floor this week, extending a pullback that traders say reflects broader unease over global macro conditions even as large holders quietly add to positions. The move saw the largest cryptocurrency trade under a descending support line associated with a bearish flag formation, a pattern often read as a continuation signal after a sharp run-up.Market participants pointed to a mix of factors weighing on risk appetite. Expectations that interest rates in major economies may

Coinbase chief executive Brian Armstrong has argued that the growing divide in global wealth stems from structural barriers in capital formation and ownership, positioning blockchain-based tokenisation as a way to broaden access to assets traditionally controlled by a narrow segment of society.Tokenised finance framed as a path to wider ownership has become a recurring theme in Armstrong’s public remarks, investor communications and policy-facing discussions, where he has contended that modern financial systems reward proximity to capital rather than productivity or

XRP slipped to around $1.93 in early trading, extending a mild pullback even as short-term indicators began to suggest a possible technical rebound. The move unfolded without a fresh headline catalyst, leaving traders to focus on positioning, liquidity conditions and well-watched chart levels rather than new developments tied to the token’s broader narrative.Price action through the past several sessions has been narrow, marked by brief rallies that struggled to hold and shallow dips that found buyers close to familiar support

Dogecoin extended losses on Tuesday as liquidation pressure rippled through the meme-coin segment, reinforcing a market tone defined by selling into rallies rather than chasing rebounds. The token fell about 2% on the day, underperforming parts of the broader crypto complex as traders trimmed exposure amid persistent resistance overhead and thinning liquidity during intraday bounces.Price action showed repeated failures near a well-watched resistance band between $0.126 and $0.127, an area that has capped advances for several sessions. Each approach toward

A sharp exchange at the World Economic Forum in Davos has underlined widening fault lines between global financial authorities and the cryptocurrency industry, as Brian Armstrong challenged warnings from François Villeroy de Galhau over digital assets, stablecoins and the idea of a so-called bitcoin standard.Speaking during a packed panel discussion on the future of money, Armstrong argued that decentralised finance and blockchain-based currencies were expanding choice, efficiency and yield for consumers and businesses. He maintained that digital assets had matured

Wall Street trading desks are quietly reducing exposure to one of the most dependable strategies in the digital-asset universe, signalling a shift in how large financial players view risk and reward in crypto markets. The so-called bitcoin basis trade, long prized for delivering steady, low-volatility returns, is showing signs of strain as funding costs rise, spreads compress and market dynamics evolve.The basis trade involves exploiting the price difference between spot bitcoin and futures contracts. When futures trade at a premium,

BitGo set the price for its initial public offering at $18 a share, presenting itself to public-market investors as a steadier institutional infrastructure business rather than a bet on volatile crypto trading volumes. The pricing places the company at the lower end of expectations circulating among bankers and analysts, reflecting a cautious market for digital-asset listings even as broader equity indices show resilience.Founded in 2013, BitGo has built its reputation as a specialist in digital asset custody, wallet infrastructure and

Portugal’s gambling regulator has instructed crypto-based prediction market Polymarket to cease offering its services in the country within 48 hours, intensifying scrutiny of online platforms that allow users to wager on political and real-world outcomes without national authorisation.The Serviço de Regulação e Inspeção de Jogos, which oversees gambling activity under Portugal’s Tourism Authority, said the platform was operating illegally by facilitating bets without a licence and outside the country’s regulated framework. The order follows a surge in trading volumes linked

Markets has begun offering around-the-clock, on-chain trading of a synthetic version of Tesla stock, a move that sharpens the debate over how far crypto platforms can go in replicating traditional equities without triggering the full weight of securities regulation.The product, described by Markets as a tokenised representation of Tesla, allows traders to take leveraged positions of up to 12 times and to buy or sell at any hour, including when United States equity exchanges are closed. The company says the

Bitcoin has pushed through a stubborn price ceiling near $95,000, reviving bullish sentiment after weeks of consolidation, yet underlying data points to a phase of heightened risk as participation from smaller wallet holders continues to thin. The advance, driven largely by institutional flows and derivatives positioning, has brought the market back to levels that previously triggered sharp corrections, prompting analysts to warn that price strength may be more brittle than it appears.The recovery gathered pace after Bitcoin broke above a

Dubai’s financial regulator has rolled out a strengthened framework for crypto tokens in the Dubai International Financial Centre, marking a significant step in the evolution of the emirate’s digital assets oversight as global scrutiny of the sector intensifies.The updated regime, announced on Tuesday by the Dubai Financial Services Authority, replaces and expands the rules introduced in 2022 and applies to all crypto token activities conducted within the Dubai International Financial Centre. Officials said the changes are designed to bolster market

Tether has frozen $182 million worth of its USDT stablecoin across five wallets operating on the TRON blockchain, signalling an assertive enforcement step as the issuer tightens controls around illicit finance risks. The action was executed on January 11, 2026, and followed coordination with law-enforcement and compliance partners, according to people familiar with the move.The freeze places the affected balances beyond transfer or redemption, effectively neutralising the funds while investigations continue. USDT remains the most widely used dollar-pegged token by

Dubai’s financial regulator will bar privacy-enhancing cryptoassets from operating inside its main international finance hub from January 12, 2026, sharpening the emirate’s stance on anti-money laundering and sanctions compliance while tightening how stablecoins can be issued and used.The decision by the Dubai Financial Services Authority applies within the Dubai International Financial Centre and prohibits regulated firms from trading, holding, promoting or facilitating privacy tokens and transaction-obfuscation tools such as mixers and tumblers. Assets designed to conceal transaction trails, including well-known

Moves to prohibit political donations made in cryptocurrency are gathering pace at Westminster, as lawmakers warn that digital assets could be exploited by hostile states and anonymous actors to influence elections and undermine democratic safeguards.Cross-party concern has sharpened following intelligence assessments that flagged the vulnerability of political finance rules to opaque funding channels. Legislators argue that while donations in cash and traditional banking systems are subject to disclosure and oversight, cryptocurrencies can obscure the true source of funds, complicating efforts

Chainlink’s token LINK is showing signs of technical strain as chart patterns point to a bearish pennant forming against a backdrop of fading institutional demand for exchange-traded crypto products tied to the oracle network. The setup has drawn attention across digital-asset desks at a time when broader crypto markets remain sensitive to shifts in liquidity, regulatory signals and risk appetite.LINK has spent several weeks consolidating after an earlier advance, with lower highs compressing against a relatively stable support band. Market

A high-profile dispute within the XRP online community has spilled into federal court, with crypto entrepreneur Jake Claver filing a $30 million defamation lawsuit against influencer Zach Rector, alleging a sustained smear campaign that damaged his reputation, commercial relationships and earning capacity.Court records show the complaint was lodged on January 9, 2026, in the U. S. District Court for the Western District of Washington. Claver’s filing claims that Rector, who commands a large following on social media platforms popular with

Asset manager VanEck has outlined a long-range capital market assumptions model that positions bitcoin as a potential multi-million-dollar asset by 2050, citing structural adoption as a settlement currency and reserve asset as key drivers of value. Under the firm’s base-case scenario, which assumes a compound annual growth rate of around 15 per cent through to mid-century, one bitcoin could be worth approximately $2.9 million, a dramatic elevation from current trading levels.The analysis, authored by Matthew Sigel, VanEck’s head of

JPMorgan Chase has played down claims that stablecoins pose a systemic threat to the banking sector, diverging from warnings issued by banking trade groups that argue the growth of yield-bearing digital tokens could drain deposits and undermine credit creation across the United States.The debate intensified after the American Bankers Association sent a letter to the U. S. Senate cautioning that certain stablecoins, particularly those offering interest or rewards, could pull funds away from regulated banks and weaken their ability to