Crypto News

Bitcoin appears to be living up to its reputation as “digital gold,” but analysts say a recent shift may be temporary.Source link

The new network will use stablecoins such as USDC and EURC to help financial institutions facilitate global money movement and settlement. USDC Issuer Circle Debuts Payments Network Stablecoin firm Circle, issuer of USDC which currently has a market capitalization of roughly $61 billion, has launched “Circle Payments Network (CPN),” a collaborative group of financial institutionsSource link

Tesla (TSLA) still holds almost $1 billion in bitcoin, according to the automaker's latest earnings report.The electric vehicle firm reported digital asset holdings worth $951 million as of March 31, down from $1.076 billion on Dec. 30. Tesla currently holds 11,509 bitcoin in its balance sheet, according to Bitcoin Treasuries data. The change is almost certainly due to bitcoin's price depreciating between the two quarters. Data from Arkham Intelligence indicates that Tesla did not perform any transactions in the last three months. Arkham marks Tesla's holdings as being currently worth $1.049 billion.A new rule from the Financial Accounting Standards Board (FASB) requires corporate holders of digital assets to begin marking those assets to market each quarter.Tesla also reported $19.34 billion...

Publicly traded real estate tech firm Janover is going deep on crypto, stacking more Solana and adopting a DeFi-inspired name.Source link

Researchers used a 56-qubit system to create truly random numbers that even the most powerful supercomputers couldn't predict or fake.Source link