Bookmarking Crypto Insights
DIGIT The total value of virtual assets held by South Korean investors plummeted by over $41 billion in roughly one year, according to Bank of Korea data. Massive Capital Migration to Stocks The value of virtual assets held by domestic investors in South Korea has plummeted by more than $41 billion (60 trillion won) over the … Read more
While American bankers, lawmakers, stablecoin issuers, and crypto exchanges trade barbs, Circle investors appear entirely unbothered. Circle Internet Group (NYSE: CRCL) closed roughly 16% higher on Monday at Wall Street’s close, after the stablecoin issuer announced a $222 million pre-launch token sale for its new layer-one (L1) blockchain project, Arc, backed by Blackrock, A16z, Apollo, … Read more
The Office of the Comptroller of the Currency (OCC) has granted Augustus conditional approval to establish Augustus Bank, N.A., a clearing bank built from the ground up around stablecoin and artificial intelligence (AI) infrastructure. Augustus Clears First OCC Hurdle for AI Clearing Bank The New York-based company, formerly known as Ivy, announced the conditional approval … Read more
The payments company acquired Dawn Labs for an undisclosed amount, immediately announcing the creation of an AI tool that would provide “custom strategies” for trading on prediction markets. Go to Source
Bitcoin looks set for another blockbuster week, but potential resistance at $84,000 could complicate the rally. Will altcoin consolidation continue? Go to Source
Financing from Neuberger Berman will increase Ripple Prime’s capacity to offer margin lending and other brokerage services to institutional clients trading across crypto and traditional markets. Go to Source
Rich Dad Poor Dad author Robert Kiyosaki says silver, which he first began accumulating in 1965 at age 18 when it cost pennies, has grown into one of the best investments of his life. 60 Years of Silver Stacking and Kiyosaki Isn’t Done Robert Kiyosaki, the bestselling author of Rich Dad Poor Dad and one … Read more
Community bankers are pushing back hard now that crypto exchanges are applying for national trust bank charters, with the Independent Community Bankers of America (ICBA) calling the move a threat to financial stability and consumer protections. At the same time, other bankers are concerned with the CLARITY Act and stablecoins. ICBA Tells OCC to Rescind … Read more
After hitting a peak of $82,458 late Sunday, bitcoin spent the afternoon of Monday testing resistance near $82,000. Bitcoin Battles Resistance Above $81,000 Bitcoin carried the momentum that saw it reclaim the $80,000 threshold and reach a peak of $82,458 late Sunday into the new working week, holding above $80,500 for much of Monday morning. … Read more
Tether’s presence in decentralized tech space is growing due to the launch of its developer grants program designed to fund open-source tools for local-first AI systems and independent payment infrastructure. This announcement, made on May 11, is part of a wider push by the stablecoin issuer to reduce dependency on centralized cloud services, custodial platforms … Read more