Category: Peer to Peer

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Cryptocurrency exchange Gemini, co-founded by Cameron and Tyler Winklevoss, has confidentially filed for an initial public offering in the United States, signaling a significant step toward entering public markets. The firm is collaborating with investment banks Goldman Sachs and Citigroup on the offering, according to individuals familiar with the matter. While the timeline and final decision remain pending, the confidential nature of the filing allows Gemini to prepare for a potential listing without

Elon Musk's social media platform X has entered into a partnership with Polymarket, a cryptocurrency-based prediction market, enabling users to place bets on future events directly through the platform. This collaboration aims to integrate Polymarket's forecasting capabilities with X's user interface, allowing for real-time betting on topics ranging from political elections to economic indicators.

Polymarket, established in 2020, operates as a decentralized platform where users can wager on the

Deutsche Bank is actively assessing the viability of stablecoins and tokenized deposits, signalling a strategic shift towards digital finance. Sabih Behzad, the bank's Head of Digital Assets and Currencies Transformation, confirmed that the institution is considering issuing its own stablecoin or participating in a broader industry initiative.

This exploration aligns with the bank's broader efforts to modernize its payment systems and embrace blockchain technology. Behzad noted the increasing momentum

Major technology companies are exploring stablecoin integration to reduce transaction fees and enhance global payment efficiency, signaling a potential shift in the digital payments landscape.

Apple is reportedly in discussions with Circle, the issuer of the USDC stablecoin, to explore potential integration of stablecoin payments into its ecosystem. This move could enable seamless, tap-to-pay transactions using USDC on Apple devices, leveraging the company's recent decision to open its NFC

Tokyo-based investment firm Metaplanet has announced a groundbreaking plan to raise approximately $5.4 billion through the issuance of 555 million moving-strike warrants, aiming to significantly expand its Bitcoin holdings. This move represents the largest stock acquisition rights issuance in Japanese capital markets history and marks the first instance of such warrants being issued above market price.

The company’s ambitious strategy, dubbed the “555 Million Plan,” sets a target to

Switzerland has ratified a plan to commence the automatic exchange of information on cryptoassets with 74 partner countries from January 2026, aligning its financial transparency framework with the OECD’s Crypto-Asset Reporting Framework . The inaugural data exchange is slated for 2027, contingent upon mutual agreement and adherence to OECD standards.

The Federal Council’s decision marks a significant expansion of Switzerland’s Automatic Exchange of Information regime, previously limited to

Institutional holdings in U.S. spot Bitcoin exchange-traded funds declined by 23% in the first quarter of 2025, falling from $27.4 billion to $21.2 billion. This marks the first quarterly decrease since the launch of these investment vehicles in January 2024.

The downturn is largely attributed to an 11% drop in Bitcoin's price during the quarter, which significantly impacted the value of holdings. However, strategic repositioning by institutional investors

World Liberty Financial , a cryptocurrency firm closely linked to President Donald Trump and his family, has sent a cease-and-desist letter to Fight Fight Fight LLC and NFT marketplace Magic Eden. The legal action follows the announcement of a new digital wallet branded as the “Official $TRUMP Wallet by President Trump,” which the Trump family asserts was launched without their approval.

The disputed wallet was unveiled earlier this week

Ripple’s US dollar-pegged stablecoin, RLUSD, has secured regulatory approval from the Dubai Financial Services Authority , authorising its use within the Dubai International Financial Centre . This development enables RLUSD to be integrated into Ripple’s DFSA-licensed payments platform and utilised by other DFSA-registered entities operating in the DIFC.

The approval positions RLUSD among a select group of stablecoins recognised under the DFSA’s crypto token regime, which includes Circle’s USDC

Global cryptocurrency exchange BYDFi and hardware wallet manufacturer Ledger have initiated a worldwide campaign targeting digital creators and key opinion leaders within the Web3 community. The initiative centres around the distribution of a limited-edition BYDFi x Ledger Nano X hardware wallet, with only 500 units available globally.

Participants are encouraged to engage by posting on the social media platform X using the hashtag #BYDFixLedger, sharing their perspectives on

Dubai’s Virtual Assets Regulatory Authority has entered into a strategic partnership with SuiHub MENA, the regional arm of the Sui blockchain ecosystem, to bolster the emirate’s position as a global hub for virtual assets. The collaboration aims to support emerging startups, nurture local talent, and provide regulatory guidance within the blockchain sector.

The agreement, formalised earlier this week, outlines a multifaceted approach to ecosystem development. Key initiatives include

K Wave Media Ltd., a Nasdaq-listed Korean entertainment conglomerate, has secured a $500 million equity financing agreement with Bitcoin Strategic Reserve KWM LLC. The capital infusion is earmarked for operating Bitcoin Lightning Network nodes and investing in Bitcoin infrastructure, signalling a significant strategic shift towards digital assets.

The Lightning Network, a second-layer solution built atop the Bitcoin blockchain, facilitates faster and more cost-effective transactions by

Tether, the issuer of the world’s most widely used stablecoin USDT, is intensifying its focus on emerging markets across Asia and Latin America, as U.S. lawmakers advance stringent legislation that could reshape the digital asset landscape.

From January 2024 to February 2025, USDT accounted for between 62% and 91% of global stablecoin payment volumes, with Asia and Latin America leading adoption. Singapore, Hong Kong, and Japan collectively represented 36.3%

Telegram has introduced two significant features aimed at enhancing user interaction and monetization: Threaded Chats for large groups and Direct Messages for channels. These updates are part of the platform's ongoing efforts to improve user experience and provide new avenues for content creators to engage with their audiences.

Threaded Chats allow users in large groups to organize discussions by topic or sender, making conversations more manageable and coherent. This

BlackRock’s iShares Bitcoin Trust ETF has surged into the ranks of the world’s 25 largest exchange-traded funds , reaching $72.4 billion in assets under management just 1.4 years after its launch. This rapid ascent positions IBIT as the youngest ETF among the top 25 by a significant margin, with the next youngest fund being over 12 years old.

Launched on January 5, 2024, IBIT has demonstrated unprecedented

Stablecoins now account for over 80% of total spot trading volume in the cryptocurrency market in 2025, solidifying their position as the primary medium of exchange across major digital asset platforms.

This shift marks a significant evolution in the structure of crypto markets, where fiat-backed digital tokens have overtaken traditional currency pairs in trading activity. Tether’s USDT leads this transformation, commanding approximately 80% of stablecoin payment volume, underscoring its

Bitcoin's network hashrate has reached a new peak, hitting a seven-day average of 942.6 exahashes per second , even as the cryptocurrency's price dipped below $106,000. This milestone underscores the growing computational power dedicated to securing the Bitcoin blockchain, reflecting increased participation and investment in mining activities.

The network's mining difficulty—a measure of how hard it is to find a new block—has also climbed to an all-time high of

Solana Foundation has formalised a partnership with Dubai’s Virtual Assets Regulatory Authority , marking a significant step in integrating blockchain innovation within the emirate's regulatory framework. The Memorandum of Understanding , signed on 3 June 2025, outlines collaborative initiatives aimed at fostering a robust crypto ecosystem in Dubai.

Central to this alliance is the establishment of the Solana Economic Zone in Dubai, envisioned as a hub for developers, entrepreneurs,

Ethereum has captured the spotlight in the cryptocurrency market, with its price climbing over 80% from April lows of approximately $1,400 to recent highs nearing $2,800. This rally has been accompanied by a significant uptick in social media sentiment, with Ethereum mentions showing a bullish-to-bearish comment ratio of 3:1, indicating strong retail enthusiasm.

In contrast, Bitcoin's social sentiment reflects a more tempered optimism, with a 1.3:1 ratio of

Strategy, the enterprise software firm turned cryptocurrency powerhouse, has announced plans to issue 2.5 million shares of its newly minted 10% Series A Perpetual Stride Preferred Stock , aiming to raise $250 million to expand its Bitcoin reserves. The offering, priced at $100 per share, underscores the company's unwavering commitment to Bitcoin as a central asset in its corporate treasury.

The proceeds from this offering

Robinhood Markets Inc. has finalised its $200 million cash acquisition of Bitstamp, a Luxembourg-based cryptocurrency exchange, marking a significant step in its global expansion strategy. This move brings over 5,000 institutional clients and 50,000 retail users under Robinhood's umbrella, with a substantial portion of trading volume originating from institutional activities.

The acquisition, initially agreed upon in June 2024, was completed without alterations to the deal's

Strategy, formerly known as MicroStrategy, has acquired an additional 705 bitcoins for approximately $75.1 million, bringing its total holdings to 580,955 BTC. The latest purchase was made at an average price of $106,495 per coin, as disclosed in a regulatory filing on June 2.

This acquisition, executed between May 26 and June 1, was financed through proceeds from the sale of STRK and STRF preferred shares under the company's

Bitcoin has surpassed $111,000, marking a significant milestone in its 2025 bull run. Standard Chartered has reiterated its forecast that the cryptocurrency could reach $500,000 before the end of President Donald Trump's second term in January 2029. This projection is underpinned by increasing institutional interest and a shift in investment strategies towards digital assets.

Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Research, points to the U.S. Securities

Bitcoin reserves on centralized exchanges have declined to approximately 2.5 million BTC, marking the lowest level since 2018, according to data from CryptoQuant. This significant reduction indicates a growing trend of long-term holding, as investors increasingly transfer their assets to cold storage solutions.

Over the past month, more than 51,000 BTC have been withdrawn from major exchanges, reflecting a shift towards self-custody among both retail and institutional investors. This movement suggests a

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