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…
In the often-fractured world of decentralized finance, crises tend to expose fault lines. This time, they’re also revealing an unusual level of coordination. Aave, one of DeFi’s largest lending protocols, is at the center of a broad recovery effort following losses tied to the Kelp DAO exploit, drawing in capital and credit commitments from across…
Bitcoin’s Sunday night rally stalled out near $79,400 and is beginning to show signs of fatigue, with several indicators pointing to potential short-term weakness as the price trades back around $77,000. First, the Coinbase premium index has turned negative for the first time since April 8, according to Coinglass data. The move to -0.04% follows…
Curve founder Michael Egorov has proposed a market-based fix for about $700,000 of bad debt tied to LlamaLend, Curve’s lending platform. “I propose a free-market based method of recovery with option-like payoff, working as an investment for everyone who wants to participate in the effort,” Egorov wrote in the governance post, adding that Curve DAO…
Las Vegas — MARA Holdings (MARA) CEO Fred Thiel announced the launch of the MARA Foundation at the Bitcoin Conference Monday, outlining a broad effort to support the long-term resilience of the bitcoin network beyond the firm’s bitcoin and AI mining operations. “Bitcoin is the most important decentralized system ever created, but its future is…
The bitcoin BTC$76,846.06 rally toward $80,000 didn’t last long on Monday, with prices slipping back to $76,600 during the U.S. session as geopolitical tensions crept back into focus. After trading near $80,000 overnight, its highest level since early February, the largest cryptocurrency reversed course and was down about 1.5% over the past 24 hours. Major…
International stablecoin payments among businesses will total $5 trillion by 2035, fintech analysts Juniper Research said in a new report. That figure would be 373 times greater than the estimated total value of $13.4 this year. “Stablecoins are increasingly embedded in cross-border business-to-business (B2B) transactions, treasury operations, and supply chain settlements, where their programmability and…
Bitcoin BTC$77,767.46 has rallied roughly 14% this month, its best monthly performance in a year, and the consensus is that the price could soon push past $80,000, a level not seen since January. Yet the perpetual futures market, which is typically in sync with spot price action, is behaving as if the opposite is true….
Michael Saylor, the executive chairman of Strategy (MSTR), the largest publicly traded corporate holder of bitcoin, announced Monday on X the purchase of 3,273 bitcoin for roughly $255 million. The purchase at an average price of $77,906 per bitcoin puts Strategy’s bitcoin treasury at 818.334, said Saylor. “As of 4/26/2026, we ‘hodl’ 818,334 $BTC acquired…
Pudgy Penguins’ recent rally may be a breakout driven by ecosystem momentum. This move appears to have benefited long-term holders in unexpected ways, according to on-chain data. According to DNTV Research founder Bradley Park, the surge may have provided liquidity, that is, enough buyers in the market, for large holders to sell following a mid-April…
