Decentralized exchange dYdX released a post-mortem and community update detailing plans to compensate traders affected by a chain halt that paused operations for roughly eight hours during last month’s market crash. The exchange said on Monday that its governance community will vote on compensating affected traders with up to $462,000 from the protocol’s insurance fund….
Technology giant IBM has launched a cryptocurrency platform for US institutions, marking one of the company’s strongest pushes yet into digital assets and blockchain infrastructure. IBM’s new platform will offer US businesses and governments crypto custody and payment services by the end of the year, aiming to simplify the integration of digital assets into the…
One of Iran’s largest private banks has fallen into bankruptcy, with the assets of more than 42 million customers being absorbed by the Iranian state-owned lender, Bank Melli. Ayandeh Bank declared bankruptcy on Thursday after it accumulated $5.1 billion in losses and nearly $3 billion in debt, local media outlet Iran International reported on Friday. The bankruptcy…
United States Treasury secretary Scott Bessent said on Sunday that the US and China have made “substantial” progress on a trade deal framework, sparking investor hopes of reigniting the bull market. The proposed trade framework will likely remove the need for the 100% additional tariffs announced by US President Donald Trump on October 10, Bessent…
Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startup’s journey, from incorporation to fundraising and public trading, onto the blockchain. Speaking on the TBPN podcast, Armstrong described his vision for an onchain lifecycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC (USDC)…
The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around. The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has…
Ferrari is entering the cryptocurrency world with plans to launch a digital token that will allow its wealthiest fans to bid on one of its most iconic racing cars, the Ferrari 499P, a Le Mans-winning endurance model. The Italian carmaker will issue the “Token Ferrari 499P” in partnership with fintech firm Conio, aimed exclusively at…
Video-sharing platform Rumble is preparing to roll out Bitcoin tipping for its more than 51 million monthly active users, the company’s CEO Chris Pavlovski announced on Friday. Rumble has teamed up with stablecoin issuer Tether to enable Bitcoin (BTC) tipping, Pavlovski said onstage at the Plan ₿ Forum in Lugano, Switzerland. “Right now, we’re in…
Key points: Bitcoin price action whipsaws around a cooler-than-expected CPI print. Optimism on risk assets increases, with the Federal Reserve seen continuing interest-rate cuts through 2026. BTC finds resistance at $112,000, as key support reclaim levels emerge. Bitcoin (BTC) saw fresh volatility Friday as US inflation data sent stocks to new all-time highs. BTC/USD one-hour…
Crypto analysts speculate the long-awaited altcoin season may not be far away now, but altcoin season indicators are painting a different picture for now. A “massive liquidity shift” later this year will lead to a “parabolic pump” for altcoins, predicted crypto analyst ‘Ash Crypto.’ The majority of altcoins have been lackluster this year, despite Bitcoin…
