The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations. Read more
Crypto trader applies legendary HODL strategy to EUR/USD forex bet
A trader on Ostium has held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODLing strategy to forex. Read more
Singapore's Temasek investment fund says crypto is off the table, will focus on AI
The $400 billion wealth fund plans to expand AI holdings to 15% of its portfolio by 2031 from the current 6%. Read more
Crypto remains resilient in face of renewed Middle East tensions
BTC rose 1.2% to $63,000 and Nasdaq futures jumped 2.6% with markets seemingly unconcerned by U.S. airstrikes on Iran. Bitcoin is now up 9% since the end of June. Read more
Latin America’s biggest stock exchange now offers options on bitcoin, ether and solana futures
These options settle into underlying futures contracts rather than spot cryptoassets, involving no custody, transfer, or administration of tokens. Read more
Bitcoin peels back to $62K as Fed-wary futures traders cut risk: Is the BTC rally over?
Bitcoin hovered around the $62,000 mark following a spike in oil prices, escalating hot war in Iran and traders’ move to cut risk ahead of a Federal Reserve policy statement. Read more