Author: driver789

Canada has completed a pilot program testing the use of distributed ledger technology in bond markets, culminating in the issuance of the country’s first tokenized bond, according to a Friday announcement from the Bank of Canada.The experiment, known as Project Samara, involved the Bank of Canada, Export Development Canada, Royal Bank of Canada and TD Bank Group, and explored if blockchain-style infrastructure could streamline bond issuance, trading and settlement.As part of the pilot, Export Development Canada issued a $100 million Canadian dollar ($73.6 million) bond with a maturity of less than three months to a closed group of investors. The…

Bitcoin’s initial break above the 6-figure price point back in 2024, and then the eventual move to an all-time high of $126,000, has fueled the expectations of higher price points. Even now, as the price continues to trend below $100,000, it has done little to erase the bullish momentum surrounding the cryptocurrency, especially in the long term. As a result, predictions continue to come out that the Bitcoin price will eventually trade at 6-figures again, and eventually, new all-time highs. Mapping The Bitcoin Price Recovery In a post on the TradingView website, Setupsfx points out an interesting thing about the…

Talks over landmark U.S. cryptocurrency legislation have hit a fresh impasse after major banks rejected a compromise brokered by the White House, casting uncertainty over whether the bill will pass this year.  The stalemate has drawn criticism from President Donald Trump, who accused financial institutions of trying to undermine the effort. Trump, whose family is well invested in digital assets and bitcoin, posted on Truth Social: “We are not going to allow them to undermine our powerful Crypto Agenda.” He added that banks “need to make a good deal with the Crypto Industry” to advance legislation that he says is…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Vitalik Buterin is urging the Ethereum ecosystem to get bolder about what it builds on top of the chain—while drawing a hard line around the base layer’s core guarantees—arguing that a first-principles reset on applications, wallets, and even culture could be necessary for Ethereum’s next phase. In a post on X, the Ethereum co-founder said “it’s healthy for us in the Ethereum world to have a more bold and open mindset,” especially on the application layer and “how we see ourselves in the world.” That openness, he…

Retail investors have been scooping up Bitcoin after it slipped below $70,000, but whale activity suggests the price could still head lower if past patterns repeat, according to crypto sentiment platform Santiment.“The moment Bitcoin hit $74k, these key stakeholders began taking profit,” Santiment said in a report on Friday.Santiment explained that whales — those holding between 10 and 10,000 Bitcoin (BTC) — “accumulated heavily” between Feb. 23 and Mar. 3, when Bitcoin was trading between $62,900 and $69,600. Whales (green line) have been selling, while retail investors (red line) have been buying more Bitcoin. Source: SantimentSince Wednesday, when Bitcoin climbed…

Bitcoin BTC$67,920.10 fell to $67,960 by Saturday morning, down 3.4% over the past 24 hours and retreating sharply from the past week’s high. The move fits what has become a recurring script in recent months, with late-week selling dragging prices toward the lower end of the range heading into Saturday.Majors took the harder hit again. Ether dropped 4.4% to $1,974, solana fell 4% to $84.31, dogecoin lost 2.9% to $0.09, and BNB slid 2.6% to $627. XRP fell 2.2% to $1.37. The weekly picture tells a more nuanced story though. Bitcoin is still up 3.6% over seven days. Ether has…

As the broader crypto market retraces, Solana (SOL) has erased its recent gains despite strong institutional demand for investment products based on the cryptocurrency. Some analysts have now suggested that the altcoin risks a deeper pullback similar to its 2022 correction. Related Reading Solana Loses Mid-Week Gains As Market Wobbles On Friday, Solana dropped 7% intraday to retest the $84 area again, retracing most of its intraweek gains. The cryptocurrency had been trading between $78-$88 since the early February crash, attempting to break out of its local range but ultimately failing. Amid the ongoing market volatility, driven by the US-Israel…

The cryptocurrency sector is witnessing significant institutional and regulatory developments that could reshape market dynamics. Russia has introduced a banking-centric crypto trading framework featuring simplified licensing procedures, potentially opening new avenues for institutional participation in the region. Meanwhile, Kraken has expanded its offerings by launching a platform for trading tokenized shares of major tech companies like Apple and Nvidia, bridging traditional finance with crypto markets. These moves suggest growing institutional interest in cryptocurrency infrastructure and services.Market volatility remains a central theme, with Bitcoin experiencing a 5% drop that has sparked discussions about current market conditions. Analysts have identified key support…

Strike, a Bitcoin financial services firm founded by Jack Mallers, has received both a BitLicense and a money transmitter license from the New York State Department of Financial Services, allowing the company to operate in one of the most tightly regulated digital asset markets in the United States. The approval allows Strike to offer its Bitcoin brokerage, payments, and custody services to individuals and businesses across New York. The state’s regulatory framework requires firms to meet standards for capital reserves, cybersecurity, and operational transparency. New York’s BitLicense regime has long served as a gatekeeper for digital asset companies seeking access…

A crypto executive has pushed back against claims by the president of a community banking association that any compromise between the banking sector and the crypto industry on the US CLARITY Act would be a mistake.“If community banks and crypto can’t find a way to work together, we already know who the winners are. It’s not the community banks. It’s not consumers. It’s not the crypto industry,” Zero Knowledge Consulting founder Austin Campbell said in an X post on Friday.“It is the big banks,” Campbell said.“There is a very straight line between the value community banks bring,” he said, explaining…