Author: admin
Canada’s ban on political crypto donations clears key vote with Conservative support – Cryptocurrency Market Analysis | Digital Financial News
Canada’s proposed ban on crypto political donations moved a step closer to becoming law on Friday, advancing through Parliament with cross-party support and little opposition.Bill C-25, the Strong and Free Elections Act, passed second reading in the House of Commons and was referred to committee for further review. In Canada’s system, that vote signals lawmakers broadly agree with a bill’s core principles before it faces detailed scrutiny and possible amendments.The legislation would prohibit political contributions made in crypto, alongside money orders and prepaid payment products, grouping them as funding methods that are difficult to trace.The ban would apply across the…
Western Union Bets On Stablecoins With USDPT May Launch – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Western Union is about to add its first partner to a digital asset network designed to let crypto move through its global payment system and convert into local cash at more than 360,000 collection points around the world. Western Union Plants Its Flag In Digital Payments That network — called DAN, short for Digital Asset Network — sits at the center of a broader push by the 175-year-old money transfer company to make digital assets a permanent part of how it moves money. At the core of…
Tether Unveils Open-Source MDK for Bitcoin Miners – Cryptocurrency Market Analysis | Digital Financial News
Tether released a modular, open-source development kit to modernize and decentralize Bitcoin mining infrastructure. The MDK provides a single orchestration layer for monitoring and managing mining rigs, power units, and cooling systems. The software is vendor-agnostic, supporting various hardware manufacturers and major operating systems. Bitcoin mining is set for an upgrade following Tether’s release of an open-source modular development kit. The toolkit aims to streamline operations and improve hash rate performance. The initiative supports decentralized infrastructure by reducing technical barriers. It also aligns with efforts to integrate energy systems with crypto mining. The Technology behind the Tether MDK The new…
Fidelity Digital Assets sees early stabilization signals in crypto market – Cryptocurrency Market Analysis | Digital Financial News
The digital assets market entered the second quarter in consolidation mode, but Fidelity Digital Assets said underlying data points to early signs of stabilization beneath the surface.In its Q2 2026 Signals Report published Monday, the crypto trading firm highlighted improving conditions across a number of key metrics, including unrealized profitability, momentum and network usage.Rather than focusing solely on prices, the report is framed through a broader lens of risk, positioning and cycle dynamics across bitcoin BTC$77,325.55, ether (ETH) and solana (SOL).Bitcoin, the largest cryptocurrency, continues to serve as the market’s primary source of resilience, with unrealized profit levels and dominance…
Strive Acquires 789 BTC, Expands Treasury Holdings Beyond 14,000 BTC – Cryptocurrency Market Analysis | Digital Financial News
Bitcoin holdings at Strive Asset Management have surpassed 14,500 BTC, reinforcing a treasury strategy focused on long-term digital asset accumulation. Strive continues to deepen its commitment to Bitcoin as part of a broader treasury strategy. A fresh purchase of 789 BTC has pushed its total holdings beyond 14,500 BTC, placing the firm among notable corporate accumulators. Interest from institutions in Bitcoin-backed balance sheets is also rising across the market. Against this backdrop, Strive is expanding both its capital base and educational efforts tied to digital assets. Strive Expands Bitcoin Holdings to 14,557 BTC as Institutional Demand and ETF Momentum Continue…
BTC rally showing lack of conviction, says analyst – Cryptocurrency Market Analysis | Digital Financial News
Bitcoin’s BTC$77,330.74 recent climb toward $80,000 is showing signs of strain, with low trading volume and muted derivatives activity raising questions about how durable the rally may be.In a weekly report, 10x Research head Markus Thielen pointed to a disconnect between price action and underlying market participation. “Bitcoin rallied 4.7% over the past week, yet the accompanying data tells a cautious story beneath the surface,” he wrote.Trading volumes have dropped sharply. Bitcoin weekly volume came in 17% below average, while ether (ETH) volume fell 20%. At the same time, funding rates — a measure of leveraged positioning — remain deeply…
Ripple Scores New Korea Banking Deal With K Bank Partnership – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure South Korea’s internet-only lender K bank has signed a strategic partnership with Ripple to test blockchain-based overseas remittances, marking another bank-facing expansion for Ripple’s payments infrastructure in Asia. The agreement, announced Monday by K bank and first reported by The Korea Herald, was signed at the lender’s headquarters in Seoul. K bank CEO Choi Woo-hyung and Ripple Asia-Pacific Managing Director Fiona Murray attended the ceremony alongside officials from both companies. K Bank Taps Ripple For Blockchain Remittance Tests The partnership centers on whether Ripple’s global network and…
XRP Builds Pressure as Breakout Nears – Cryptocurrency Market Analysis | Digital Financial News
XRP trades between $1.40 and $1.50 as liquidity builds on both sides, with traders watching for a breakout move. XRP is moving between $1.40 and $1.50 as traders wait for a clear break. The token has stayed flat while Bitcoin moved higher, which has increased focus on nearby liquidity levels. Analysts are watching both sides of the range, as a break above $1.50 or below $1.40 could shape the next short-term move. XRP Builds Pressure Between Key Levels XRP has traded sideways on the daily chart, with price near $1.39. The move has kept the token close to a key…
Western Union (WU) gears up stablecoin launch to settle global transactions without SWIFT – Cryptocurrency Market Analysis | Digital Financial News
Western Union (WU) is preparing to roll out a stablecoin strategy that could reshape how the 175-year-old money-transfer company settles payments across its global network.CEO Devin McGranahan said on the company’s first-quarter earnings call that Western Union’s U.S. dollar stablecoin (USDPT) is in the final stages of readiness and is expected to launch next month. The firm announced in October that the digital dollar will run on Solana (SOL) and will be issued with federally chartered crypto bank Anchorage Digital.Western Union plans to use the stablecoin first as an alternative to the interbank settlement rails it uses today to move…
Did Someone Really Break Bitcoin’s Encryption? Here’s The Truth About What Happened – Cryptocurrency Market Analysis | Digital Financial News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The latest threat to Bitcoin’s cryptography is quantum computing. A researcher called Giancarlo Lelli has now won a one Bitcoin prize for using quantum hardware to crack a small cryptographic key linked to the same family of mathematics that protects Bitcoin. This sounds terrifying at first glance, as it threatens the future of billions worth of Bitcoin. However, it also needs careful handling, because the truth is more complicated than breaking Bitcoin’s encryption. Researcher Makes Successful Attack On Elliptic Curve Cryptography The event came from Project Eleven’s…