Sumitomo Mitsui Financial Group, the parent company of Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin. The stablecoin project, according to a report published on April 1, 2025 by Nikkei, will be a collaboration between…
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Japan’s second largest bank SMBC plans Avalanche stablecoin: report [btcmanager]
Sumitomo Mitsui Financial Group, the parent company of Japan’s second-largest bank, Sumitomo Mitsui Banking Corporation, plans to launch its own stablecoin. The stablecoin project, according to a report published on April 1, 2025 by Nikkei, will be a collaboration between…
Coinbase stock drops 30% last quarter, hits FTX collapse lows [btcmanager]
Coinbase has experienced a significant decline in its stock value, dropping approximately 30% in the first quarter of 2025. It’s been a tough first quarter for Coinbase’s stock. Coinbase (NASDAQ: COIN) experienced a 31% decline, marking its worst quarterly performance…
DWF Labs offers to help projects hit by ‘weird dump’ on Binance [btcmanager]
DWF Labs managing partner says the firm is ready to step in to help crypto projects that suffered a ‘weird dump’ on Binance. Andrei Grachev, managing partner at leading digital assets market maker DWF Labs, has said the firm is…
BNB price nears breakout as Binance Coin burn rate gains steam [btcmanager]
Binance Coin price seems ripe for a strong bullish breakout as the network continues to incinerate more coins. Binance Coin (BNB) was trading at $620 on Tuesday, up 20% from its March lows and 22% below its all-time high. BNB…
This $0.024 altcoin could give better gains than XRP [btcmanager]
Yeti Ouro, a $0.024 altcoin, is rapidly gaining traction with its GameFi utility, fueling speculation about outpacing XRP’s gains. #partnercontent
Mastercard working on blockchain to connect TradFi and crypto: report [btcmanager]
Mastercard is developing a blockchain-powered Multi-Token Network to connect traditional financial institutions with the digital asset space. The initiative, led by Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets, aims to provide a compliant, user-friendly experience for…
Mastercard working on blockchain to connect TradFi and crypto: report [btcmanager]
Mastercard is developing a blockchain-powered Multi-Token Network to connect traditional financial institutions with the digital asset space. The initiative, led by Raj Dhamodharan, Mastercard’s executive vice president of blockchain and digital assets, aims to provide a compliant, user-friendly experience for…
Pi Network price nears all-time low ahead of a 124M token unlock [btcmanager]
Pi Network price continued its strong downward trend as buyers remained on the sidelines and concerns about the upcoming token unlock grew. Pi Network (PI) dropped to a low of $0.7012, its lowest level since Feb. 25, and is now…
Grayscale files to convert Digital Large Cap Fund into ETF [btcmanager]
Grayscale Investments has filed an S-3 form with the U.S. Securities and Exchange Commission to convert its Digital Large Cap Fund into an exchange-traded fund. The April 1 filing seeks to transition the private investment vehicle into a publicly traded…