Florida’s SB 1038 proposes a “Strategic Cryptocurrency Reserve” to carry Bitcoin, managed individually from normal state funds by the Chief Monetary Officer. The invoice restricts purchases to belongings with a $500 billion common market cap, successfully making Bitcoin the one eligible cryptocurrency for the state’s treasury. Not like failed 2025Continue Reading
Polygon is reportedly near buying Bitcoin ATM operator Coinme for about $125 million to determine a bodily cash-on-ramp for its community. The deal would grant Polygon entry to a licensed cash transmitter community overlaying 49 US states and 1000’s of retail kiosks at areas like grocery shops. This acquisition alertsContinue Reading
Bitcoin completed 2025 within the damaging zone. This might make it the fourth damaging yr since 2012, though at solely a low single-digit loss in comparison with -50.2% in 2014, -72.1% in 2018 and -62% in 2022. At instances like this it’s price remembering what’s the single core component thatContinue Reading
Analyst Keith Alan predicts Bitcoin will seemingly drop to retest its $87,500 yearly open as bulls wrestle to keep up present help at $92,000. Market information suggests massive merchants are positioning for a deeper correction, probably triggered by a “dying cross” on the weekly chart later this month. A sturdyContinue Reading
Ripple closed a $500 million funding spherical in November at a $40 billion valuation, with the corporate emphasising its sturdy progress trajectory and strategic acquisitions over the previous yr. The corporate stays dedicated to staying personal, with President Monica Lengthy stating Ripple is in a wholesome monetary place to fundContinue Reading
Wyoming launched the Frontier Steady Token (FRNT), the primary state-issued stablecoin within the US, now accessible for public buy on the Solana blockchain through Kraken. Managed by Franklin Templeton, the token is backed by 102% overcollateralised reserves of US {dollars} and Treasuries. Utilizing LayerZero know-how, FRNT helps prompt cross-chain transfersContinue Reading
Nike offered its digital trend studio RTFKT on December 16, ending its high-profile push into blockchain collectibles and digital sneakers. The sale triggered a 200% value rebound for the flagship Clone-X NFT assortment, which had beforehand misplaced almost all its worth following RTFKT’s shutdown discover. Whereas the transaction phrases andContinue Reading
Cambodia arrested and extradited Prince Group founder Chen Zhi to China following a joint investigation right into a multibillion-dollar “pig-butchering” crypto rip-off community. The US Division of Justice lately launched its largest-ever forfeiture motion to grab $15 billion in Bitcoin linked to the group’s alleged forced-labor compounds. Chen’s switch toContinue Reading
A protocol exploit within the Circulation blockchain’s Cadence runtime on December 27 allowed an attacker to create $3.9 million in counterfeit tokens. Community validators halted the chain inside six hours and froze most fraudulent belongings on exchanges earlier than they may very well be liquidated. Circulation has patched the vulnerabilityContinue Reading
MSCI determined in opposition to excluding firms with crypto-heavy steadiness sheets from its indexes for the February 2026 assessment, triggering a 5% rally for Technique. The index supplier will as an alternative launch a broader session to tell apart between real working companies and entities that perform primarily as fundingContinue Reading
