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Crypto project Payy, which operates a privacy-focused wallet alongside a crypto banking card, has just launched a privacy-enabled Ethereum layer 2.In an announcement via X on Wednesday, Payy said users can now integrate the network into their MetaMask accounts, and that all ERC-20 transfers made on it are automatically made private with “no smart contract changes required.” Payy said the two core types of users on its network would be institutions and fintech firms looking to bring “flows onchain without fear of analysis and exploitation,” and crypto natives looking to use privacy tools without “juggling multiple wallets.”“Some of the largest stablecoin…
Bhutan has transferred $22.4 million worth of Bitcoin from its wallets over the past week, continuing a pattern of periodic BTC sales observed over the past several years. According to blockchain analytics firm Arkham, one of the transfers, executed five days ago, was sent directly to addresses labeled as belonging to market maker QCP Capital. Data from Arkham indicates that Bhutan is selling Bitcoin in increments of roughly $50 million, with a particularly heavy selling period recorded in mid-to-late September 2025. Bhutan has been mining Bitcoin since 2019, producing over $765 million in BTC profits while incurring estimated energy costs…
The prediction market sector is experiencing rapid expansion, with major platforms like Polymarket and Kalshi competing for dominance amid surging user engagement. This growth is occurring alongside significant volatility in the broader crypto market, where Bitcoin has dropped to $73,000, triggering capitulation among short-term holders and raising questions about long-term support levels. Meanwhile, institutional players are making strategic moves, with Kraken’s parent company Payward reporting a 33% revenue increase to $2.2 billion in 2025, signaling continued institutional confidence despite market turbulence.The sector is also witnessing high-profile developments in both traditional finance and emerging technologies. Standard Chartered has issued a bold…
Crypto project Payy, which operates a privacy-focused wallet alongside a crypto banking card, has just launched a privacy-enabled Ethereum layer 2.In an announcement via X on Wednesday, Payy said users can now integrate the network into their MetaMask accounts, and that all ERC-20 transfers made on it are automatically made private with “no smart contract changes required.” Payy said the two core types of users on its network would be institutions and fintech firms looking to bring “flows onchain without fear of analysis and exploitation,” and crypto natives looking to use privacy tools without “juggling multiple wallets.”“Some of the largest stablecoin…
Tom Lee says Bitcoin and Ethereum will recover once the gold and silver FOMO cools, with weaker dollar and Fed easing set to boost crypto. Summary om Lee says FOMO in record-breaking gold and silver is draining liquidity from Bitcoin, Ethereum and wider crypto. He argues past pullbacks in precious metals often coincided with upside in BTC and ETH as capital rotated back into digital assets. Lee expects a weaker dollar and easier Fed policy to unlock fundamental upside for cryptocurrencies once metals’ momentum stalls. Tom Lee, head of research at Fundstrat Global Advisors, stated that cryptocurrencies will begin recovering…
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Bitcoin is entering the Asian trading day with on-chain data flashing full bear-market signals, as prices hover in the mid-$70,000s and global equity markets continue to search for direction.CryptoQuant’s latest weekly report frames the weakness as structural rather than cyclical, with its Bull Score Index sitting at zero while bitcoin trades far below its October peak. The report argues…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure BitMine chairman Tom Lee has responded to talks about the firm’s unrealized Ethereum treaury losses, arguing they are part of the design. BitMine’s Ethereum Holdings Are In Notable Loss After The Crash The digital asset sector has seen a major bearish turn over the past week and Ethereum has been among the worst-hit assets, declining by nearly 25%. A consequence of this drawdown has been that BitMine, the largest corporate holder of ETH, has witnessed its reserves go into a significant loss. BitMine is still relatively new…
Bitwise is laying out a bold scenario: Bitcoin could climb to a new record in 2026 and, if the stars align as the sages would say, may one day reach $1 million over the next 10 years. That view rests less on past rhythms and more on a shift in who buys and how they buy. Related Reading Institutional Demand Could Soar According to Ryan Rasmussen, Bitwise’s Director of Research, big money is moving from the sidelines onto the field. Spot Bitcoin ETFs and major brokerages have made buying easier for pension funds, endowments, and fund managers. Reports say these…
Shares of Strategy ($MSTR) plunged again today as Bitcoin’s sell‑off deepened, reinforcing the tight correlation between the world’s largest corporate Bitcoin holder and the digital asset’s price action. Bitcoin cratered toward $72,000, extending losses to levels not seen since late 2024, while MSTR shares tumbled roughly 9% on the session, dipping to intraday lows near $121.19. At current levels the stock is down roughly 15% year‑to‑date and a staggering 72% from its November 2024 peak. The drop in Bitcoin — now hovering near $72,000, far below the multi‑year highs seen in 2025 — has rippled across the broader crypto complex. …
Chicago-based derivatives exchange CME Group is weighing the launch of its own digital token as it explores how tokenized assets could be used as collateral across financial markets, according to comments from CEO Terry Duffy.Speaking on a company earnings call, Duffy said CME is reviewing different forms of margin, including tokenized cash and a CME-issued token that could operate on a decentralized network. He said:Not only are we looking at tokenized cash […] we’re looking at different initiatives with our own coin that we could potentially put on a decentralized network for other of our industry participants to use.He added…