Government policy, legal developments and regulatory news affecting AI and cryptocurrency globally. Stay ahead of the rules being written around the technologies changing the world.
The startup enables corporate users to use stablecoins while connecting to traditional banking rails and compliance systems. Source: www.theblock.co Read Full Story
Bitcoin long-term holder capitulation hit $280M/day, the highest since Dec 2022, a sign Glassnode says may flag a bottom forming. Source: www.theblock.co Read Full Story
KOR Protocol is building an onchain clearinghouse that helps register and route creative works and pay out rights holders. Source: www.theblock.co Read Full Story
TD Cowen cut its Strategy price target to $260 from $400 on a lower bitcoin forecast, while calling its new capital framework “constructive.” Source: www.theblock.co Read Full Story
Below is a summarized version of The Block Research’s Strategy: The Capital Stack Meets a Falling Bitcoin Price report. The full PDF version of this report is accessible here. Strategy Inc., formerly MicroStrategy, faces the first real test of its Bitcoin-treasury model. It holds 847,363 BTC acquired for $64.10 billion, or an average of $75,651….
For sophisticated crypto desks, the bottleneck has rarely been finding liquidity, but rather moving capital fast enough to use it. A fund running active books across the largest CEXs operates multiple separate balance sheets that don’t talk to each other. Every account must be funded to meet worst-case requirements. Collateral can’t be netted across venues….
Visa said stablecoins are reshaping commerce as it unveiled new AI tools, tokenization features, and a partnership with OpenAI. Source: www.theblock.co Read Full Story
Morpho plans to build an open blockchain-based credit network to connect decentralized finance, Wall Street, and global markets. Source: www.theblock.co Read Full Story
A group of Senate Republicans is pressing key financial regulatory agencies to clarify capital standards for digital assets. Source: www.theblock.co Read Full Story
“We view the recent pullback of ETH to below $2,200 as an attractive opportunity,” Bitmine Chairman Tom Lee said. Source: www.theblock.co Read Full Story