Author: NBTC

Bitso has listed Western Union’s $USDPT stablecoin in Mexico, marking a significant expansion for Solana-based digital dollars across Latin America. This initiative not only diversifies Bitso’s offerings but also enhances access to regulated digital assets in the region. As financial services evolve, the listing of USDPT could pave the way for increased cryptocurrency adoption in emerging markets, according to a recent tweet from commentator @SolanaFloor. What Went Down The listing of Western Union’s $USDPT stablecoin comes at a time when the broader crypto market is exhibiting mixed signals. While many major assets are fluctuating, this move signals a strategic push…

Previously available on the Ethereum network, these funds are now accessible via a second blockchain network with this expansion. Investors can access both funds through Morgan Money, the company’s cash management and transaction platform. Through Morgan Money, eligible investors can participate in the funds, redeem their shares, and hold their corresponding token balances in their own blockchain addresses. The statement explained that MONY is a 506(c) private placement fund offering qualified investors the opportunity to earn US dollar returns; and JLTXX is a US-registered government money market fund aiming to invest in support of stablecoin issuers under the GENIUS Act.…

Is it Possible for Bitcoin to Surpass $100,000? Speaking to CoinDesk, Bitwise Research Director Ryan Rasmussen stated that Bitcoin could end the year at higher levels, potentially above $100,000. Rasmussen cited purchases through ETFs and companies, a shift towards alternative assets in the face of rising public debt, and reduced regulatory uncertainty in the cryptocurrency market as key factors supporting the rise. However, the analyst added that market volatility could occur ahead of a potential Fed interest rate hike and the US midterm elections. There Are More Cautious Predictions Too! Cryptocurrency company LO:TECH, however, takes a more cautious view. LO…

“Across Latin America, the US dollar is a lifeline against inflation and capital controls. USD₮ and USA₮ are how people access it, but doing so simply and reliably takes regulated infrastructure, banking connections, and real distribution. That is the gap EFY Finance is positioned to close, bringing the dollar within easier reach across the region,” said Paolo Ardoino, CEO of Tether. “Stablecoins have already become part of the financial infrastructure of Latin America. The challenge now is making them work seamlessly with the financial systems businesses use every day. That means connecting digital dollars with bank accounts, local payment networks,…

Source: Castle Labs Meme Coins Built the Revenue Engine Pump.fun remains the standout business. The launchpad generated about $39 million in trailing 30-day revenue, equal to roughly 20% of all Solana application revenue. Its Pumpswap exchange added another $15 million. Yet Solana’s consumer economy is becoming less concentrated. Weekly consumer-app revenue ranged from $13.5 million to $42.6 million over the past year, with a median of $18.2 million. Eight of the 10 largest apps from late 2025 remained in the top 10 by the third quarter of 2026. Meanwhile, the top three applications’ share of consumer revenue fell from 64%…

Price Action Breakdown Despite StandX’s significant user base and initial success, the shutdown highlights the volatile nature of the crypto market. With its operations coming to an end, traders may need to navigate the implications of this closure on their current positions and the overall decentralized finance ecosystem. The recent mixed signals in the market further complicate the trading landscape, leaving many to wonder about the future of similar platforms. StandX was launched as a decentralized exchange to provide perpetual futures trading, targeting crypto traders looking for innovative trading solutions. Founded by Aaron Gong, whose background includes leadership at Binance…

“The next step to resume normal operations is to return NAV to the correct value,” Swell wrote in its verified X account’s Oct. 23 update. It said it was working with security partners and Seal911 to secure its infrastructure, adding: “All funds are safe.” Loading post from X… View post on X Repricing Is Paused, Too The incident concerns the mechanism that records how much $ETH each token represents. Swell’s documentation says the swETH exchange rate determines how many tokens depositors receive and how much $ETH is returned when they unstake. An inflated rate therefore distorts those conversions; it does…

The exchange brought Schiff’s long-running skepticism of the world’s number one cryptocurrency back into the spotlight. The skepticism can be traced back at least as far as 2011. Schiff’s bear market predictions Schiff has been very vocal in his criticism of Bitcoin dating back to 2011, when he dismissed the cryptocurrency as a fad. In November 2013, when Bitcoin was trading around $350, Schiff drew a parallel between the cryptocurrency’s meteoric growth and the notorious Dutch tulip mania. He said during an interview with CNBC that he believed the speculative run of Bitcoin would eventually collapse. Bitcoin experienced a massive…

“AI is driving one of the largest investment cycles in history, despite the financial infrastructure around it remaining quite underdeveloped,” said Max Killberg of Village Global. He said the firm sees an opportunity to develop financial markets around AI, rather than simply back another prediction market. Manifold Markets co-founder Stephen Gruggett told CoinDesk that MNX’s approach is better suited to private companies such as OpenAI and Anthropic, whose shares trade infrequently and are difficult to price. “OpenAI, Anthropic secondaries are illiquid and hard to price,” he said. “A perp based on an illiquid, stale price is worse than meaningless: it…

Market Snapshot As of now, $USDC’s trading volume stands at zero, indicating minimal immediate market activity surrounding this minting event. However, the minting could lead to increased demand for $USDC in the near future, especially as traders reassess stablecoin options in light of ongoing shifts in regulatory environments. The market’s reaction to this minting will be crucial for determining $USDC’s position in the competitive landscape. $USDC, issued by Circle, serves as a stablecoin backed by the US dollar and is widely used in the crypto ecosystem. The $USDC Treasury’s minting authority allows it to issue new tokens to meet market…