Hot Topics

  • Bitcoin steady above $91K ahead of Fed's rates cut, but rising Treasury yields warn of hawkish Powell stance impacting risk assets.

  • French banking giant BPCE launches crypto trading for 2M retail clients via its apps, allowing BTC, ETH, SOL, and USDC trades through Hexarq-managed accounts, expanding to 12M by 2026.

  • The euro stablecoin market cap doubled in the year after MiCA's June 2024 rollout, reversing a prior 48% decline

Market Updates

  • Farcaster pivots to a wallet-first strategy, emphasizing in-app trading features for user growth after 4.5 years of unsuccessful social-focused efforts, while maintaining its decentralized protocol for third-party apps.

  • Authorities across Europe dismantled a crypto fraud network that stole and laundered over $815 million through fake investment platforms, deepfake ads, call-center operations, and multi-blockchain laundering, resulting in arrests, asset seizures, and the takedown of scam infrastructure.