Crypto News

USDC won approval to become the first dollar-pegged stablecoin issued in Japan by crypto exchange SBI, according to Circle CEO Jeremy Allaire.Source link

The cryptocurrency market remains stable at $2.78 trillion, despite a 6.7% decline over the past 24 hours. Bitcoin has slipped 6% in the last day, hovering slightly above $85,000, while ethereum has fallen 7.5%, settling around the $2,100 mark. Only a select few digital assets managed to avoid losses on Tuesday. Major Cryptos React toSource link

Bitcoin development firm Blockstream is launching three investment funds, including two focused on crypto lending, the company announced Tuesday.The crypto company co-founded by legendary bitcoin (BTC) developer Adam Back plans to launch a fund that underwrites Bitcoin-backed loans and one that allows for crypto borrowing with U.S. dollars as collateral while a third fund would deploy hedge fund strategies, according to a tweet. Bloomberg reported earlier that the company had secured several billion dollars in funding to launch these funds, citing anonymous sources.The crypto lending business had been hit hard after the collapse of former crypto exchange FTX, whose falsified balance sheets and in the end, inability to pay back money lent to them, resulted in several bankruptcies of then-reputable...

Telecom giant is partnering with $9 billion Perplexity AI startup to debut a voice-first smartphone in 2026, promising to succeed where Rabbit R1 and Humane Ai Pin failedSource link

President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports. Bitcoin Dips Below $82K Following Trump’s Tariff Announcement Bitcoin slid buy more than 8% on Tuesday as TrumpSource link