Category: crypto

Hedge fund manager Eric Jackson, known for influencing Opendoor Technologies shares, is entering the digital asset treasury business through a reverse merger with SRx Health Solutions. His company, EMJ Crypto Technologies, will focus on managing crypto assets using AI-driven strategies. The merger is expected to close in Q1 2026.

The unwinding of the yen carry trade is affecting global markets, creating liquidity pressures and impacting Bitcoin prices. Financial commentator Graham Stephan explains the strategy, its current challenges, and its implications for Bitcoin amid Federal Reserve policy shifts. Bitcoin faces increased volatility due to liquidity conditions and deleveraging events.

The SEC has completed its investigation into the Aave Protocol without recommending enforcement action, ending four years of scrutiny over the DeFi lending platform. This decision follows a trend of the SEC dropping high-profile crypto investigations in 2025, signaling a shift towards clearer policy guidance under new leadership.

MetaMask has added native Bitcoin support to its platform, allowing users to manage Bitcoin alongside other cryptocurrencies in a single wallet. Users can buy, swap, and send Bitcoin, with plans for Taproot support in the future. The platform also launched prediction markets and a USD stablecoin pegged to U.S. Treasury bills.

Exodus Wallet plans to launch a USD-backed stablecoin with MoonPay and M0 to support payments and self-custody in its Exodus Pay app. The stablecoin will be fully reserved and integrated into the app’s payments layer, with MoonPay handling issuance and distribution. Launch is expected in early 2026 pending regulatory approval.

Bitcoin Hyper has raised $29.5 million to develop a Solana VM-based Bitcoin L2 solution for faster transactions in DeFi, gaming, and payments while settling back to Bitcoin. The project aims to enhance Bitcoin’s utility beyond store of value, using BTC as the primary medium of exchange and HYPER token for gas, staking, and governance.

TON Foundation has partnered with OpenPayd to provide global fiat infrastructure for the TON Blockchain, enhancing treasury operations and ecosystem growth. OpenPayd’s financial infrastructure will streamline funding for ecosystem grants, support multi-currency operations, and connect with builders contributing to TON’s development. This collaboration aims to expand TON’s reach and efficiency in managing fiat flows internationally.

StraitsX will launch XSGD and XUSD on Solana in early 2026, making it the first L1 to host both assets natively. This deployment targets on-chain FX, cross-border settlement, and AI-driven payments with x402 support, enabling instant SGD–USD swaps and facilitating the emerging “agentic economy” with machine-to-machine micropayments.

Stellar Lumens has fallen for seven days in a row, nearing support levels last seen in April amid a bearish trend in derivatives data. The price decline is part of broader weakness in the crypto market. Technical analysis suggests XLM could drop further if selling continues, with indicators pointing to downward momentum.

B. Riley Financial’s shares surged after filing its delayed Q2 2025 report, avoiding Nasdaq delisting. The company posted a profit of $137.5 million, improved revenue, and addressed debt issues. However, an overdue Q3 report, fallout from a bankruptcy, and a civil probe remain ongoing challenges.