Author: Crypto Editor

Tony Kim Might 05, 2026 01:52 Western Union debuts USDPT, a Solana-based stablecoin for cross-border funds, beginning in Bolivia and the Philippines, with plans for world enlargement. Western Union has formally entered the blockchain area, launching its U.S. dollar-pegged stablecoin, USDPT, on the Solana (SOL) blockchain. The stablecoin, designed to reinforce cross-border remittances, was unveiled on Might 4, 2026, and is initially being rolled out in Bolivia and the Philippines, concentrating on a mixed market of 130 million individuals. USDPT represents Western Union’s first foray into on-chain settlement, leveraging Solana’s high-speed, low-cost infrastructure. The stablecoin is issued by Anchorage Digital…

Kraken will enable prospects to transform cryptocurrency into money at MoneyGram places throughout greater than 100 international locations, addressing a longstanding hole within the digital asset ecosystem, in response to an unique report from Fortune. The partnership offers Kraken customers entry to almost 500,000 bodily places worldwide, the place they will trade crypto holdings for native foreign money. The transfer targets a key friction level in crypto markets: whereas digital transfers settle with velocity, changing belongings into money typically entails a number of steps, restricted banking entry, or delays. The initiative displays rising demand for dependable money entry, pushed partly…

Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure Earlier than Commonplace Chartered’s funding arm took a stake in GSR, the crypto market maker had already made a transfer of its personal. GSR invested in Libeara final month — a tokenization platform backed by SC Ventures — designed to assist monetary establishments challenge tokenized property. That prior transaction set the stage for what got here subsequent: SC Ventures formally changing into GSR’s first exterior shareholder within the firm’s 13-year historical past. The funding was introduced Monday. GSR confirmed that SC Ventures had secured a strategic…

Key TakeawaysTrump-linked World Liberty Monetary (WLFI) is suing Justin Solar for defamation and alleged short-selling manipulation.WLFI claims Solar tried to crash the WLFI token worth, justifying their choice to freeze his huge token holdings.The Tron founder has dismissed the swimsuit as a “meritless PR stunt,” following his personal lawsuit in opposition to the agency final month.The connection between the Trump household’s crypto enterprise and considered one of its greatest backers has utterly imploded. World Liberty Monetary has filed a lawsuit in Florida in opposition to Justin Solar, accusing him of a coordinated marketing campaign to sabotage the WLFI token.At present,…

In short Bitcoin’s 30-day common funding price has been damaging for 66 days—the longest streak this decade—as shorts pay an annualized carry of round 12%. Open curiosity rose 12% whereas funding stayed damaging, per institutional hedging moderately than fear-driven directional shorts. Historic information present shopping for Bitcoin throughout damaging funding regimes delivers an 83–96% win price throughout all measured time horizons. Bitcoin has surged to $81,000, however derivatives markets are flashing an uncommon sign: the longest streak of damaging funding charges this decade.The main crypto is up 2.9% over the previous 24 hours and is presently hovering at round $81,250,…

European monetary establishments ought to assess whether or not the Single Euro Funds Space (SEPA) will be prolonged into tokenized funds, Financial institution of Italy Deputy Governor Chiara Scotti mentioned, as policymakers search for methods to maintain euro-denominated settlement central to digital finance.Scotti known as a tokenized extension of SEPA an “essential space for reflection” throughout a Monday speech on the Digital Belongings and Financial Coverage Transmission workshop in Rome, saying Europe’s current funds framework presents scale, shared requirements and interoperability.Her feedback come because the Eurosystem prepares a pilot for Pontes, a distributed ledger expertise settlement initiative designed to hyperlink…

The chief advertising officer (CMO) at Crypto.com, Steven Kalifowitz, who has overseen greater than $1 billion spent on partnerships and excessive profile campaigns prior to now a number of years, is leaving the corporate.Crypto.com spokesperson mentioned Kalifowitz will probably be shifting on from his position as CMO, efficient June 30, and can then proceed on as advisor to the CEO.“Steven has been a big contributor to the efficient mainstreaming of the Crypto.com model, from introducing Crypto.com on a worldwide stage by means of our first model movie in 2021, to hanging strategic partnerships and sponsorships which have helped join Crypto.com…

ETH holds between $2,256 and $2,325 as Bitcoin’s April restoration reveals a supply-demand divergence that capital markets haven’t absolutely priced in. The chart is holding. Barely. Extra Crypto On-line, on X, posted a 1-hour ETH/USD chart exhibiting a micro assist band outlined between $2,256 and $2,325. The construction can nonetheless lengthen increased. However provided that that zone holds. Extra Crypto On-line famous that the ETH micro construction is much less clear than Bitcoin’s chart. That phrase — much less clear — is doing lots of work proper now. Two Belongings, One Restoration, Very Completely different Tales April’s rebound wasn’t what…

Bitcoin researcher Plan C argues that the newest US manufacturing information indicators the true begin of a Bitcoin (BTC) bull market. He pushes again in opposition to forecasts of a 50% drop towards $50,000, blaming reliance on the four-year halving cycle. Two separate manufacturing unit gauges agree that the sector is increasing. The ISM Manufacturing PMI printed 52.7% in April, a fourth straight month above 50. The S&P World US Manufacturing PMI was revised as much as 54.5%, its strongest studying since Could 2022. Bitcoin Worth and Enterprise Cycles / Supply: X Why PMI Above 50 Issues for Bitcoin The…

Coinbase cuts 14% of workforce, about 700 staff globally CEO Brian Armstrong pushes towards AI-driven, leaner group constructions Restructuring displays each market stress and actual tech transformation Coinbase is chopping round 700 jobs, and whereas that headline sounds acquainted in crypto, the reason this time comes with a barely completely different angle. The corporate is pointing to each market volatility and a shift towards AI-native operations, which, relying on the way you have a look at it, is both forward-thinking or simply well-timed. Realistically, it’s in all probability a mixture of each. A Acquainted Cycle With a New Narrative This…