Category: crypto

US-listed spot crypto ETFs, including Bitcoin, Ethereum, and Solana products, experienced significant inflows. Bitcoin ETFs added 5,187 BTC ($376m), Ethereum ETFs added 43,282 ETH ($9.18m), and a Solana ETF added 205,711 SOL ($18.72m). This indicates growing institutional interest and usage of regulated ETFs for exposure to cryptocurrencies.

Western Union is deepening its involvement in blockchain payments by partnering with Crossmint to support the USDPT stablecoin on the Solana network. The stablecoin will connect on-chain transfers with Western Union’s global cash pickup points across 200+ countries. Anchorage Digital Bank will issue USDPT for compliance and institutional access.

CleanSpark increased its Bitcoin holdings by mining 568 BTC in February, selling 553.02 BTC at an average price of $66,279 to raise cash while retaining some production. The company’s total treasury holdings rose to 13,363 BTC, demonstrating a balance between monetization and long-term accumulation in a higher price environment.

Core Scientific secured a $500 million loan from Morgan Stanley, with the option to increase it to $1 billion. The funds will be used for real estate, development costs, and new energy contracts as the company shifts focus to AI workloads. This financing reflects Wall Street’s interest in bitcoin miners’ infrastructure and power assets.

Revolut, a prominent European fintech valued at $75 billion, has applied for a US banking license with the OCC. This move would allow the company access to core payment systems and offer a broader range of financial products in the US market. The application signals Revolut’s strategic focus on growth in the US, positioning it…

Russia is fast-tracking a law specifically for stablecoins to create a payment infrastructure resistant to sanctions. The Central Bank of Russia treats stablecoins as “foreign digital rights,” with ruble-pegged stablecoins approved for overseas trade. The Ministry of Finance is preparing a separate bill to regulate stablecoins pegged to fiat currencies. Policymakers see stablecoins as strategic…

Mantle’s ecosystem stablecoin has increased in market value by 375 million dollars in the past month, reaching nearly 870 million. This growth is driven by the network’s focus on on-chain liquidity and banking services built around ETH staking and restaking primitives, making it a key player in the DeFi space.

Ethereum derivatives markets experienced a significant decrease in total open interest, dropping by 5.62% to $27.119 billion in the past day. Binance leads in ETH open interest with $5.74 billion, followed by Gate, Bybit, and OKX. ETH is trading around $2,067, down 3.65%, as leverage resets.

Kraken-backed xStocks has launched xChange, an on-chain trading engine for tokenized stocks that connects traditional equity liquidity with decentralized finance infrastructure. Users can trade over 70 tokenized equities across Ethereum and Solana, with real-world pricing and atomic settlement. The platform has seen significant transaction and trading volume, with 80,000 holders interacting with the ecosystem.

OpenAI integrates ChatGPT into financial tools like FactSet, Third Bridge, Excel, and Google Sheets for easier use in the crypto market. This move aims to make AI a core infrastructure in traditional and digital asset financial workflows. It allows professionals to automate strategies and treat crypto as a standard asset class.