US CPI Inflation Climbs to Highest Level Since 2023
Inflation reached a record high of 3.8% year-on-year in April, the highest reading since 2023, according to the US Consumer Price Index (CPI). An official press release from the US…
Exodus Posts Wider Q1 Loss After Major Bitcoin Treasury Selloff
In the first quarter of 2026, Exodus Movement had a net loss of $32.1 million. This was more than twice the loss of $12.9 million recorded in the same time…
Augustus Secures Conditional OCC Approval for a US Bank Charter
Augustus, a payments company backed by Peter Thiel, has been granted conditional clearance for the establishment of a US national bank centered upon stablecoin-based payments and artificial intelligence by the…
Crypto Investment Products Extend Inflow Streak to Sixth Consecutive Week
With Bitcoin breaking $80,000 and assets under management reaching their highest level since February, cryptocurrency investment products recorded a sixth consecutive week of inflows, the longest streak since April to…
USDC Issuer Circle Secures $222M Funding for Arc Network
In a private placement spearheaded by a16z crypto, Circle Internet Group consented to sell 740 million ARC tokens for $222 million. This puts the fully diluted value of the Arc…
Strategy Boosts Bitcoin Holdings Again After One-Week Break
Resuming its accumulation approach, Strategy purchased 535 Bitcoin for $43 million last week. This comes days after chairman Michael Saylor suggested selling certain assets to pay dividends. An SEC filing…
JPMorgan and Mastercard Complete Tokenized Treasury Settlement on XRP Ledger
Using Ripple’s XRP Ledger and interbank settlement rails, JPMorgan and Mastercard have executed the first ever cross-border, cross-bank redemption of a tokenized US Treasury fund. The US Ondo Short-Term US…
Prediction Market Platform Kalshi Secures $1B Funding at $22B Valuation
Institutional investors are increasingly using event contracts for trading and hedging, and prediction market platform Kalshi claimed it secured $1 billion in fresh capital at a valuation of $22 billion.…
Bank of England Stablecoin Plan Triggers Crypto Industry Pushback
In an effort to entice and cultivate a domestic cryptocurrency sector, the Bank of England (BOE) has put out many suggestions about the regulation of stablecoins, with the goal of…
Morgan Stanley Offers Low-Fee Crypto Trading to Challenge Rivals
Crypto trading is now available on the E*Trade platform, adding to Morgan Stanley’s digital assets drive. The bank is marketing the service as a cheaper alternative to more established retail…