What has been happening this week in the world of blockchain and cryptocurrencies? Current events and background reports in our weekly review.
News
Bitcoin drops to a two-month low as US spot ETFs lose $1.1 billion in a week. Gold surges while capital flows out of crypto.
The DAO is relaunched as an Ethereum Security Fund with 220 million dollars. Unclaimed ETH from the 2016 hack finances the project.
Fidelity launches the FIDD stablecoin, a digital dollar on Ethereum. The third-largest asset manager in the world bets on blockchain.
Zug-based fintech Plusplus launches three financial products based on Frankencoin: treasury solution, ETP, and rental deposit.
Hyperliquid HIP-3 open interest reaches $793 million all-time high. Commodities boom and gold rally drive growth.
Tether launches USAT, its first US-regulated stablecoin. Former White House advisor Bo Hines leads the new unit under the GENIUS Act.
BISON crypto app reaches one million active users: The trading platform of Boerse Stuttgart manages 5.2bn euros in cryptocurrencies.
Binance launches Tesla Futures as part of its TradFi expansion. The crypto exchange enables 24/7 trading with stock derivatives for the first time.
The major bank UBS is considering introducing crypto trading for selected private banking clients in Switzerland.
What has been happening this week in the world of blockchain and cryptocurrencies? Current events and background reports in our weekly review.
BitGo IPO: The crypto custodian goes public on the NYSE at a $2.1 billion valuation. Details on the custody specialist’s stock market debut.
Iran increasingly relies on stablecoins like USDT to cushion the rial collapse. The central bank purchased 507 million USD in Tether.
Strategy buys Bitcoin worth USD 2.13 billion – largest purchase in seven months and a strong signal of institutional accumulation
Bitcoin price falls below USD 92’500, triggered by Trump’s tariff threats against EU states. USD 525 million in liquidations within one hour.
What has happened this week in the world of blockchain and cryptocurrencies? Current events and background reports in our weekly review.
Crypto products on the SIX: Altcoins overtake Bitcoin (BTC) in trading volume. Solana (SOL) and XRP overtake Ethereum (ETH).
Standard Chartered predicts a massive outflow of capital from the traditional banking sector due to the rise of stablecoins.
