Coinbase has been working with Solflare, R2, and Flipcash to bring custom stablecoins to market, with the latest testing focused on Flipcash’s USDF. Coinbase is testing Flipcash’s in-development stablecoin, USDF, on its backend as part of a new feature that will allow businesses to create their own branded, dollar-backed tokens. The “Coinbase Custom Stablecoins” feature,...Continue Reading
The restaurant chain said that its adoption of Bitcoin is one of the main reasons that it is “trouncing” its fast-food competitors. US fast-food restaurant chain Steak ’n Shake has added $5 million worth of Bitcoin to its Strategic Bitcoin Reserve as part of a pledge to funnel all sales made in Bitcoin straight into...Continue Reading
ERC-8004, which a lead developer has tipped will be deployed to mainnet this week, enables AI agents to discover and trust each other across platforms without centralized gatekeepers. An Ethereum smart contract standard enabling trustless artificial intelligence agent communication on the network is “probably” going to be deployed on mainnet on Thursday, according to Marco...Continue Reading
Silver prices have been on the rise and hit a new all-time high of just over $117 on Tuesday, though some analysts warn this could be a price top is coming soon for the precious metal. Social media discussions about silver and gold have outpaced crypto on most days this month as retail investors have...Continue Reading
Adoption has been strongest in the hospitality, travel, digital goods, and gaming industries. Millennials and Gen Zs are proving to be the most crypto-savvy shoppers. Almost four in ten US merchants now accept cryptocurrency at checkout as customers have shown increasing interest in crypto for payments, according to a recent survey report from PayPal. Nearly...Continue Reading
NFT marketplace Nifty Gateway announced on Saturday that it was shutting down, and has now been followed by Rodeo, which only launched on iOS in March last year. Social NFT marketplace Rodeo has become the second NFT platform this week to announce its closure amid a tough market climate for nonfungible tokens. Rodeo launched via...Continue Reading
Bitcoin options data shows bearish bets holding the advantage in Friday’s $10.8 billion expiry, unless bulls manage a pre-expiration breakout above $90,000. Key takeaways: Bearish options strategies maintain an edge unless Bitcoin secures a decisive price breakout above 90,000. Traders are using $100,000 call (buy) options as income tools rather than direct bets on a...Continue Reading
Bitwise’s Matt Hougan says crypto will have to “wrestle with prolonged regulatory grind and skepticism” if the US fails to pass a market structure bill. The crypto industry will need to become ingrained in everyday life in the US should Congress fail to pass a crypto market structure bill, or risk being set back by...Continue Reading
Morgan Stanley largely sat out the first wave of institutional crypto adoption across 2024–2025 but surprised many with three crypto ETF filings earlier this month. Morgan Stanley has tapped veteran executive Amy Oldenburg to lead the investment bank’s new crypto unit, just weeks after announcing plans to launch three crypto exchange-traded funds and a crypto...Continue Reading
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