At the end of last week, Japanese Finance Minister Kato indicated that he would look to talk about FX with US Treasury Secretary Bessent this week. This has spurred investors to move back into long JPY positions. On a 5-day view, the JPY is the best performing G10 currency, Rabobank’s FX analyst Jane Foley notes. … Read more
Key takeaways: Bitcoin recovered from its sharp sell-off from $107,000, suggesting it functions as a hedge against uncertainty for investors reacting to Moody’s recent downgrade of US debt. Moody’s downgraded the US credit rating to Aa1, citing a $36 trillion debt and rising deficits, causing market turbulence and a spike in US Treasury yields. Despite … Read more
Nebraska lawmakers have just passed Legislative Bill 526 (LB526), and while not explicitly anti-Bitcoin, its effects may be anything but neutral. With a unanimous 49-0 vote, the Legislature sent the bill to Governor Jim Pillen’s desk, where it’s expected to be signed into law. Supporters call it a commonsense infrastructure bill. Bitcoin miners call it … Read more
Fold, a leading Bitcoin financial services company, recently announced the launch of its Bitcoin Gift Card, marking the first step in integrating Bitcoin into the $300 billion U.S. retail gift card market. This innovative product enables consumers to purchase and gift bitcoin through familiar retail channels, is available now at Fold’s website and is expected … Read more
Ethereum co-founder Vitalik Buterin has suggested protocol adjustments to prioritize personal node operation, aiming to balance scalability with user privacy and censorship resistance as the network grows. Ethereum Co-Founder Proposes “Local-Node-Favoring” Scaling Adjustments In a recent Ethereum Research blog post, Ethereum co-founder Vitalik Buterin has outlined a series of technical adjustments to the blockchain’s scaling … Read more
Chainlink’s CCIP is now live on Solana, enabling cross-chain transfers between Solana and major blockchains like Ethereum and BNB Chain. Chainlink’s Cross-Chain Protocol Goes Live on Solana Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first deployment on a non-Ethereum Virtual Machine (EVM) blockchain via the v1.6 upgrade. The integration aims … Read more
This content is provided by a sponsor. The convergence of blockchain technology and artificial intelligence is driving some of the most significant advancements in the digital space. On May 7, 2025, Ethereum, the world’s second-largest blockchain platform, marks another milestone with its “Pectra” upgrade, signaling a leap forward in scalability and efficiency. At the same … Read more
Chainlink has expanded its Cross-Chain Interoperability Protocol (CCIP) to the Solana blockchain, according to a May 19 announcement. According to the statement, CCIP facilitates secure communication and data transfer between different blockchain networks. By integrating CCIP, Solana now supports Chainlink’s Cross-Chain Token (CCT) Standard, a key building block for scalable multi-chain token deployments. Solana users … Read more
XRP Healthcare plans to go public in Canada and expects to finish the deal in August 2025. The firm has bought Pharma Ville, the biggest pharmacy chain in Uganda, to support its growth in healthcare services across Africa. Dubai-based private company XRP Healthcare will trade publicly backed by a TSX Venture Exchange listed capital pool … Read more
Bitcoin ETFs closed last week on a high note, notching a net inflow of $260 million with Blackrock and Fidelity leading the charge. Ether ETFs also finished strong, locking in $22 million in inflows without any outflows reported. Crypto Funds End Week in the Green Bitcoin exchange-traded funds (ETFs) ended the week with confidence, locking … Read more