Tag: Breaking

The CFTC reissued Staff Letter 26-05 to include national trust banks as eligible issuers of payment stablecoins. The guidance allows Futures Commission Merchants (FCMs) to accept these tokens as margin collateral for customer accounts. The update aligns with the GENIUS Act of 2025, providing federal clarity for dollar-pegged digital assets. Industry leaders like Circle and Ripple, which recently secured national trust charters, stand to...

On-chain metrics show that wallets holding between 1,000 and 10,000 BTC have shifted from distribution to gradual accumulation over the last 48 hours. While long-term whales are “nibbling” back into the market, institutional demand remains mixed, with some hedge funds unwinding positions due to Federal Reserve policy concerns. Bitcoin continues to trade in a tight range near $69,000, roughly 45% below its October 2025 peak of...

Spot Bitcoin ETFs recorded $145 million in net inflows on Monday, marking a second consecutive day of positive momentum. The recovery follows a $371 million dip-buying surge last Friday, which halted a multi-week trend of steady institutional selling. Bitcoin is currently trading just below $69,000, while the Solana-based AI agent token Pippin (PIPPIN) surged 40% in 24 hours. U.S.-based spot Bitcoin ETFs attracted $145 million in net...

Bernstein analysts reiterated a **$150,000 price target** for Bitcoin by 2026 despite a recent 45% market correction. The firm described the current downturn as the “weakest bear case” in the asset’s history, noting a lack of systemic failures or hidden leverage. Institutional support remains robust, with only 7% net outflows from spot Bitcoin ETFs recorded during the price slide. Research and brokerage firm Bernstein has doubled...

Bithumb accidentally distributed approximately 620,000 BTC (worth ~$43 billion) due to a system configuration error during a rewards event. The glitch credited 2,000 BTC per user instead of the intended 2,000 Korean won ($1.40). Localized Bitcoin prices on the exchange plunged 17% as recipients immediately attempted to liquidate the unexpected windfall. The exchange has recovered 99.7% of the assets and pledged to compensate users affected...