Category: crypto
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Bhutan moves $72M in Bitcoin as sovereign holdings continue to decline
Bhutan has transferred $72.3 million in Bitcoin over the past 24 hours, reducing its holdings to over 4,400 BTC from a peak of 13,295 BTC in October 2024. Druk Holding and Investments moved 973 BTC in multiple transactions. The country continues to periodically sell portions of its Bitcoin reserves.
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XRP treasury firm Evernorth confirms SEC filing to advance Nasdaq debut
Evernorth, a XRP-focused treasury firm, has filed with the SEC to go public on Nasdaq through a merger with Armada Acquisition Corp II. The deal is expected to generate over $1 billion in proceeds for Evernorth to build a large-scale XRP treasury strategy. Multiple institutional players are utilizing XRP as a primary reserve asset.
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UK committee pushes for crypto donation ban over foreign influence risks
UK lawmakers are concerned about the risks associated with crypto donations in political financing, citing potential foreign influence. They are calling for a ban on crypto donations to political parties, highlighting the use of tools like mixers and micro-donations to obscure fund origins. Experts are divided on the issue, with some advocating for transparency while…
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TRUMP rallies over 50% as Mar-a-Lago event drives whale activity
Whale wallets holding Official Trump (TRUMP) tokens have reached a five-month high, with 83 wallets holding over 1 million tokens valued at $3.7 million. The price of TRUMP has surged after an announcement of a Mar-a-Lago event for top holders. Regulatory concerns remain as lawmakers question conflicts of interest.
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Stablecoin payments firm TransFi raises over $19M to expand services
TransFi has raised $19.2 million in a Series A funding round led by Turing Financial Group to expand its stablecoin-based cross-border payments infrastructure. The company plans to use the funds for expansion in emerging markets, regulatory licensing, scaling enterprise merchant adoption, and strengthening AI-first operations and product development.
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Crypto payments gain traction in Australia even as banking troubles remain
In Australia, cryptocurrency payments have doubled to 12% in 2026, with online shopping being the most common use. Nearly 30% of users face banking delays or blocks when transferring funds to crypto exchanges, highlighting ongoing challenges. Australia is still lacking formal regulations for the crypto sector, with regulators working on proposed frameworks.
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Ethereum developers propose FCR to speed up L2 and exchange confirmations
Ethereum client teams are testing a Fast Confirmation Rule that could cut deposit recognition times for layer 2 networks and exchanges to about 13 seconds. This proposal eliminates the need for hard forks and offers faster confirmations by evaluating validator attestations instead of counting blocks, though some in the community remain skeptical.
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Bitcoin slides to $72,300 as Hormuz conflict and hot inflation hit risk assets
Bitcoin fell to $72.3k due to rising oil prices from the conflict in the Strait of Hormuz, high U.S. inflation, and reduced Fed cut bets. This led to a decline in cryptocurrency and stock markets. The closure of the strait increased energy prices, adding pressure before official inflation data.
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Stripe and Paradigm’s Tempo mainnet goes live for machine payments
Tempo, a blockchain incubated by Stripe and Paradigm, has launched its mainnet and Machine Payment Protocol targeting high-speed, stablecoin-based payments for AI agents and global enterprises. The mainnet settles fees in major stablecoins without a native gas token, while the Machine Payment Protocol standardizes machine-to-machine transactions. The platform aims to revolutionize cross-border payments and B2B…
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Ethereum Foundation deepens DeFi treasury push with fresh Morpho deployment
The Ethereum Foundation has deployed 3,400 ETH into Morpho Vaults, part of its move towards active DeFi treasury management instead of selling ETH. This signals confidence in Ethereum’s DeFi stack, with Morpho’s TVL near $5.8B. The move follows a strategic shift in early 2025 to use DeFi platforms to generate yield.