USDT.D at 8.5%: what stablecoin dominance isn’t telling you (and why it looks like 2022)
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SBI Holdings and the Solana Foundation have announced a strategic partnership to develop Japan-originated on-chain financial markets. As part of this agreement, the initiative will bring the Solana Foundation into the newly renamed SBI Solana Global. This will be, alongside SBI and Sumitomo Mitsui Financial Group (SMFG), one of Japan’s three largest banks. The partnership…
TD Securities strategists see asymmetric downside risks for the British Pound (GBP) against the Euro (EUR). They argue that EUR/GBP appears notably undervalued relative to rate differentials, data surprises and equity performance. While markets expect the European Central Bank (ECB) to keep rates on hold in July, hawkish guidance for the rest of 2026 could…
Taking profits Where suspicious comes from A cryptocurrency trader stunned the market by making an incredible $2.85 million profit on the quickly expanding memecoin CASHCAT from just 1.6 ETH, which was worth about $3,000 at the time of purchase. In the early phases of the project, the trader purchased 16.3 million CASHCAT tokens for 1.6…
Midnight’s NIGHT token staged a sharp recovery after crashing to an all-time low following a bridge exploit earlier this week, with Charles Hoskinson using the incident to make a broader case for rethinking crypto security from the ground up. NIGHT fell roughly 43% after 290 million tokens were stolen and dumped through a legacy Wanchain…
Custodia asks the Supreme Court to review the Fed’s master account denial after lower courts backed Fed discretion. Custodia Bank has asked the U.S. Supreme Court to review its Federal Reserve master account dispute. The Wyoming crypto bank filed a certiorari petition after losing in two lower courts. The case centers on whether regional Federal…
Israel’s Ministry of Defense announced on Monday that it was ordering the seizure of 187 crypto wallets that allegedly belong to Iran’s Islamic Revolutionary Guard Corps, or IRGC. In a document detailing the seizure order, the ministry’s National Bureau for Counter Terror Financing (NBCTF) said it was “convinced that the cryptocurrency wallets” in the list…