The alliance will allow Coinpro, a crypto exchange owned by Grupo Salinas, to leverage Anchorage’s stablecoin services for its cross-border settlement operations. Grupo Salina’s Carlos Dias Afonso hinted at a deeper integration of stablecoin channels to benefit Grupo Elektra’s customers. Anchorage Digital And Grupo Salinas Partner On Stablecoin Implementation Stablecoins have become one of the […]
The deal signifies a pivotal shift in South Korea's financial landscape, highlighting increased institutional acceptance of digital assets.
The post Upbit operator Dunamu lands Hana Bank as fourth-largest shareholder in $670 million deal appeared first on Crypto Briefing.
The post Bitcoin Trading at a ‘Discount’ on Coinbase: Is a Move to $76K Next for BTC? appeared on BitcoinEthereumNews.com.
Key takeaways: The Coinbase Bitcoin discount likely stems from stablecoin outflows rather than actual institutional sell pressure. Strategy continues buying Bitcoin as the market holds firm despite minor price differences across exchanges. Bitcoin (BTC) showed resilience on Thursday by successfully defending the $79,000 level. However, some traders worry that upside momentum is stalling as Bitcoin on Coinbase trades at a discount relative to stablecoin pairs on international exchanges. Coinbase discount likely driven by stablecoin outflows While the indicator is often debated, it potentially suggests a lack of institutional buying demand, though the situation is likely more complex. BTC/USD at Coinbase vs. BTC/USDT at major exchanges. Source: TradingView & Cointelegraph BTC/USD on Coinbase has maintained a 0.03% discount against Binance, OKX, and Bybit over the pas
The post Strive Reports 15,009 Bitcoin, Zero Debt After Semler Merger and Note Buyback appeared on BitcoinEthereumNews.com.
Key Takeaways Strive expanded its bitcoin holdings through purchases and the Semler Scientific merger. Medical-device revenue helped lift quarterly sales, while fair-value losses drove a large deficit. Daily SATA dividends are expected to begin soon, pending board declarations. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with the U.S. Securities and Exchange Commission (SEC) on May 14, reporting 15,009 bitcoin as of May 12 after additional bitcoin purchases and debt repayment activity. The company listed $929.4 million in digital assets at March 31, before later disclosing updated cash holdings and a $50.5 million position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Semler Scientific’s merger added 5,048 bitcoin and medical-device operations to Strive. From A
Strive reported a larger bitcoin treasury after its Semler Scientific merger, reaching 15,009 bitcoin with no outstanding debt. The filing showed $929.4 million in digital assets, new medical-device revenue, and a major unrealized loss tied to fair-value accounting. Strive Reports Larger Bitcoin Treasury After Semler Deal Strive Inc. (Nasdaq: ASST) filed its quarterly report with […]
Ripple, XRP, and RLUSD have become the focus of a new controversy after crypto commentator Pumpius claimed major banking groups are lobbying against legislation that could strengthen Ripple’s stablecoin ecosystem. The claim gained traction after internal messages linked to the American Bankers Association revealed concerns about stablecoin regulations and their potential impact on traditional bank […]
Rising inflation may prompt investors to diversify into digital assets, potentially increasing market volatility and impacting traditional equities.
The post Seeking Alpha maintains buy rating for SPY amid rising inflation appeared first on Crypto Briefing.
The post Bitget Wallet Launches Free API Platform for Web3 Developers appeared on BitcoinEthereumNews.com.
Bitget Wallet, the native crypto wallet of the famous crypto exchange Bitget, is launching the latest API Platform. The launch indicates a crucial move toward boosting the decentralized trading framework for Web3 builders. As Bitget Wallet revealed in its official social media announcement, the new project is already processing over $20M in cumulative daily trading volume ahead of the full-scale launch. Additionally, the exclusive release unveils many upgrades, such as Hypercore and HyperEVM support, cross-chain APIs, stronger broadcast infrastructure, faster chain query, and gas sponsorship. Bitget Wallet API Platform is now officially live! Already processing 20m+ in daily aggregated trading volume, this week's upgrades include:> HyperEVM + Hypercore support> Gas sponsorship> Crosschain APIs> Faster chain queries & broadcast infra Builders & devs can now apply… — Bitget Wallet �
The post Euro Stablecoin Issuers Eye €16T Market After MiCA Boost appeared on BitcoinEthereumNews.com.
TLDR The euro stablecoin market currently holds about €620 million in total capitalization. Euro stablecoins account for roughly 0.2% of the global stablecoin market. Transaction volume for MiCA-compliant euro stablecoins has increased by 1,200% since the regulation took effect. Issuers report rising inbound requests from entrepreneurs and institutional firms seeking regulated euro digital assets. The broader addressable market for euro-denominated activity stands at approximately €16 trillion. Euro stablecoins contribute nearly 13% of global stablecoin payment activity. Euro-pegged digital tokens remain small in market size, yet issuers now report rising demand from institutions and startups. The total euro stablecoin market stands near €620 million, or about 0.2% of global stablecoin capitalization. However, issuers say MiCA has triggered sharp volume growth and renewed interest acr