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Chinese tech giants are urging the central bank to grant them permission to issue yuan-backed stablecoins in a bid to challenge the growing dominance of dollar-based stablecoins. Countering Dollarization of the Digital Economy Chinese tech giants JD.com and Ant Group are reportedly urging the central bank to permit them to issue yuan-backed stablecoins to counter … Read more
Despite significant bitcoin accumulation by U.S. exchange-traded funds (ETFs) and companies like Strategy (MSTR), broader market demand for the leading crypto asset has contracted sharply, effectively offsetting potential price gains and preventing new all-time highs, according to a July 3, 2025, analysis by Cryptoquant researchers. Institutional Bitcoin Buys Can’t Offset Market-Wide Demand Slump, Cryptoquant Study … Read more
OpenAI has issued a warning regarding tokens labeled with its name that are being distributed by Robinhood, leading to a debate about the nature of these tokens. Tokens an Indirect Exposure to OpenAI OpenAI’s recent warning about tokens bearing its name, which Robinhood is distributing to its users, exposes a fundamental misunderstanding of the fintech … Read more
Coinbase has acquired the token management platform Liquifi, marking its fourth acquisition of 2025. This move strengthens Coinbase’s position in the crypto stack by enabling more robust token distribution. Crypto Consolidation Continues: Coinbase Snaps up Token Platform Liquifi Coinbase has officially acquired Liquifi, a token management platform used by top crypto projects to handle token … Read more
DeFi Development Corp. priced a $112.5 million private offering of convertible senior notes due 2030, primarily to acquire solana ( SOL) tokens. $112.5M Offering Prices for DeFi Dev Corp. Convertible Notes The 5.5% notes, sold to qualified institutional buyers, carry an initial conversion price of $23.11 per share. According to the firm’s release, this represents … Read more
An expert says the “Big Beautiful Bill” is likely to weaken the dollar and increase inflation — factors that could enhance bitcoin’s appeal as “digital gold.” Bill Exposes Divisions Among Republicans U.S. President Donald Trump’s “Big Beautiful Bill” is likely to weaken the dollar and stoke inflation, potentially boosting bitcoin’s appeal as “digital gold.” According … Read more
Bitcoin venture studio Thesis has acquired Lolli, a platform allowing users to earn bitcoin through shopping and gaming. The deal, announced July 2, aims to integrate Lolli into Thesis’ existing portfolio, which includes Fold, Mezo, and tBTC, to expand consumer bitcoin applications. Thesis Adds Shopping Rewards App Lolli to Roster Thesis co-founder and CEO Matt … Read more
Crossmint has partnered with Visa to develop secure, AI-powered purchasing systems. The collaboration aims to scale “agentic commerce,” enabling AI agents to make payments on behalf of users under strict protections. Partnership Between Crossmint and Visa Set to Usher in Agentic Commerce Era Crossmint has announced a strategic partnership with Visa to usher in a … Read more
Korean virtual asset investors show a clear preference for Bitcoin ( BTC) as a primary holding, gradually diversifying into altcoins and stablecoins as they gain experience, according to a new study. Crypto Investors Typically Hold Two Coins A new study from the Hana Financial Research Institute highlights a significant trend among Korean virtual asset investors: … Read more
Figma’s board also recently approved a $30 million acquisition of spot bitcoin, which will be purchased at some point in the future. Figma’s SEC Filing Reveals Major Bitcoin ETF Position Worth $70M Software giant Adobe had positioned itself to acquire smaller competitor Figma in 2022 for $20 billion. But that move was struck down by … Read more
