Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
Morgan Stanley Quietly Launches Its First Fund Built Specifically for Stablecoin Issuers is quietly building the plumbing for the stablecoin economy, and that’s where the real money usually hides. New fund: Stablecoin Reserves Portfolio, ticker MSNXX Launch date: April 23, after an SEC filing on April 16 Purpose: A reserve vehicle for stablecoin issuers needing […]
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US Treasury Sanctions Iran-Linked Crypto Wallets, $344 Million Frozen With Tether Support The U.S. Treasury has hit Iran-linked crypto wallets with sanctions and helped freeze roughly $344 million in digital assets, with Tether assisting in the freeze. It’s a sharp reminder that crypto is no longer some untouchable side alley of finance; it’s now squarely […]
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The U.S. Senate has stalled the CLARITY Act, pushing crypto policy clarity out of April and into May as lawmakers juggle recesses, committee politics, and a fight over stablecoin yield. April markup window is gone May is now the likelier target Stablecoin yield remains the main fight Kevin Warsh confirmation may take priority Industry warns […]
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DoorDash is putting stablecoin rails to work for one of the most boringly important jobs in finance: getting money from point A to point B fast, across more than 40 countries, without making merchants and delivery workers wait on old-school banking delays. DoorDash Is Now Paying Drivers and Merchants Using Stablecoin Rails in Over 40 […]
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Crypto ATMs are getting squeezed hard in the U.S., and Tennessee just took the most brutal swing yet by effectively banning them statewide, as detailed in this crackdown on crypto ATMs. Minnesota, meanwhile, is trying the “fine, but with a leash” approach. Tennessee has made crypto ATM operations illegal statewide. Minnesota is pushing stricter regulation […]
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U.S. banking lobbyists are turning up the heat on crypto again, this time with a fresh demand for stricter AML and sanctions rules aimed squarely at stablecoins and other digital asset intermediaries. Coinbase and other industry voices say the banking crowd is cherry-picking scary numbers to make crypto look like a criminal sewer while ignoring […]
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Ripple CTO David Schwartz has taken a hammer to one of XRP’s oldest fairy tales: the idea that Ripple is secretly sitting on a government deal or hidden master plan that will send XRP soaring. His message was simple — Ripple’s nondisclosure agreements are normal business practice, not a coded prophecy. 1,700 NDAs do not […]
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Bitcoin has pushed back above $78,000, and the market is once again staring down the $80,000 line like it owes somebody money. A huge Strategy buy, a long streak of negative funding rates, and strong spot ETF inflows are feeding a fresh Bitcoin price prediction wave, while Pepeto is trying to grab attention with a […]
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Strategy is aiming for a Bitcoin milestone that sounds like a dare. The company formerly known as MicroStrategy wants to surpass Satoshi Nakamoto’s estimated BTC holdings within the next two years, pushing its corporate Bitcoin treasury strategy to an even more aggressive level. Strategy wants to out-stack Satoshi’s estimated 1.1 million BTC The plan depends […]
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IREN Limited is being priced somewhere between a Bitcoin miner with a shiny AI side quest and a real AI infrastructure play still trying to prove it deserves the premium. IREN stock jumped 7.50% on April 24, then kept moving after hours. The company is pivoting from Bitcoin mining to AI cloud infrastructure and GPU […]
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