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Bitcoin Depot (Nasdaq: BTM), the largest Bitcoin ATM operator in North America, is entering the Asian market with a new launch in Hong Kong, marking the companyās first international expansion into the region.According to an announcement on Wednesday, the expansion reflects a strategy to reach markeā¦
Key takeaways:Dormant Bitcoin holders moving large sums to exchanges raises concerns about long-term confidence amid growing concerns about the potential impact of quantum computing.Strong inflows into Bitcoin ETFs failed to lift sentiment, with traders instead rotating toward fast-rising privacy coā¦
JPMorgan Chase & Co. ā the worldās biggest bank by market capitalization ā has begun deploying a token representing deposits held at the bank, called JPM Coin.According to a Wednesday Bloomberg report, JPMorganās institutional clients now have access to the JPM Coin. The bankās blockchain division cā¦
As the crypto industry matures, pragmatism and common sense are slowly creeping into the idealistic, messy business of blockchain tech.For years, crypto founders have declared that theyāre reinventing the financial system. And although the focus has been on big ideas and innovative financial engineeā¦
Stablecoin supply has spiked to bear market levels, suggesting buyers could soon spark another leg up for the Bitcoin and crypto markets, according to analysts.Key takeaways:Bitcoin Stablecoin Supply Ratio at bear market lows signals BTC price bottom.Rising Binance stablecoin reserves and falling Bā¦
Japanās first domestic stablecoin issuer said digital asset companies may soon become significant players in the countryās sovereign debt market, potentially reshaping monetary policy.JPYC, the Tokyo-based company behind Japanās first yen-pegged stablecoin, said issuers may evolve into major buyers ā¦
Arjun Sethi, the co-CEO of major crypto exchange Kraken, criticized the United Kingdomās crypto regulations, which he believes hinder services for their customers.In an interview with the Financial Times, Sethi said that āin the UK today, if you go to any crypto website, including Krakenās, you see ā¦
PrizePicks, one of North Americaās largest daily fantasy sports operators, has partnered with Polymarket to expand into the prediction-markets space ā a move that could open new revenue streams beyond its core fantasy sports business.The partnership will integrate Polymarketās event contracts directā¦
The US government is moving closer to reopening after more than 40 days of being shut down, following several Democratic lawmakers in the Senate siding with Republicans to pass a funding bill.On Monday, the US Senate held a late-night vote for a bill ācontinuing appropriations and extensions for fisā¦
Leading financial institutions are continuing to explore blockchain technology to facilitate cheaper and faster institutional payments, signaling a growing interest in tokenization solutions.US investment bank JPMorgan and Singapore multinational banking group DBS announced Tuesday that they are devā¦
Institutional investors are maintaining confidence in digital assets despite a sharp market correction in October, with most planning to expand their exposure in the months ahead, according to new research.Over 61% of institutions plan to increase their cryptocurrency investments, while 55% hold a bā¦
Brazilās central bank completed rules that bring crypto companies under banking-style oversight, classifying stablecoin transactions and certain self-custody wallet transfers as foreign-exchange operations.Ā Under Resolutions 519, 520 and 521, published Monday, the Banco Central do Brasil (BCB) estabā¦