Tag: Breaking

Ultra-short-term contracts on Bitcoin price movement have reached daily trading volumes of $60 million on Polymarket. The five-minute markets now account for more than half of all cryptocurrency trading on the platform, surpassing traditional daily and weekly predictions. Sophisticated traders and automated bots are dominating the space, leveraging millisecond advantages to exploit price discrepancies between platforms. Short-dated...

BlackRock has launched the iShares Staked Ethereum Trust (ETHB) on Nasdaq, marking its first U.S. fund to offer native staking yields. The ETF debuted with $100 million in assets under management and recorded $16 million in trading volume on its first day. The fund aims for a targeted annual yield of 4% by staking between 70% and 95% of its ether holdings. The landscape for digital asset investment vehicles in the United States took a...

Digital assets are displaying a notable degree of resilience as the broader financial landscape grapples with the fallout of the escalating conflict in the Middle East. While Brent crude oil surged past $100 per barrel on Thursday following disruptions in the Strait of Hormuz, Bitcoin continued to trade with relative stability, reaching highs near $71,200. The largest cryptocurrency by market capitalization has remained largely unperturbed by...

The Cardano Foundation officially released CIP-0113, a new standard that introduces programmable logic directly into native assets. The update allows issuers to embed compliance rules, such as KYC/AML checks and “freeze-and-seize” capabilities, aimed at institutional adoption. This milestone follows the recent launch of Cardano futures on CME Group and the integration of USDCx,...

The U.S. Senate advanced the 21st Century ROAD to Housing Act in an 84-6 cloture vote, moving the bill closer to a final floor vote. Included in the legislation is a provision that prohibits the Federal Reserve from issuing a retail central bank digital currency (CBDC) until December 31, 2030. While the bill enjoys bipartisan support, a group of House Republicans is demanding the ban be made permanent, citing concerns over financial...