Author: John Smith

Hyundai Motor’s U.S. and Mexican operations have completed a pilot cross-border treasury payment using Tether’s USDT stablecoin, settling a $20,000 transfer in about seven minutes over the Avalanche blockchain. Summary Hyundai completed a $20,000 USDT treasury transfer between the U.S. and Mexico in about seven minutes. The Avalanche-based pilot tested stablecoin settlement without changing existing treasury compliance and accounting processes. Tether continues expanding its enterprise strategy through corporate pilots and recent investments in blockchain infrastructure. According to Tether, the proof-of-concept involved Hyundai Motor America converting U.S. dollars into USDT before sending the stablecoin to Hyundai Motor Mexico, where it was…

SpaceX stock has fallen below the $140 level even after the U.S. Federal Aviation Administration completed its review of the company’s Starship Flight 12 mishap and cleared the path for the next launch. Summary SpaceX stock has dropped below $140 despite the FAA clearing Starship Flight 13 preparations. The FAA has accepted SpaceX’s corrective actions and closed its Flight 12 mishap investigation. Wall Street firms, including Raymond James, Morgan Stanley, Goldman Sachs, and Citi, remain bullish. According to data from Yahoo Finance, SpaceX stock was trading near $139 during the latest session, down about 4% on the day. The decline…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered cloud mining platforms are simplifying crypto participation by automating resource management, optimization, and daily operations for users. Summary XRPPower launches an AI-powered cloud mining platform, simplifying crypto mining with automation and enhanced security. The platform has unveiled an AI-driven cloud mining services with automated management, security upgrades, and compliance focus. It has expanded its AI cloud mining platform, highlighting automation, governance, and multi-layer security for users. Over the past few years, cloud mining has undergone several technological iterations,…

Bitcoin is trading around 62,700 dollars, and Jurrien Timmer, Fidelity’s director of global macro, is watching it drift toward a line he has tracked for more than a decade.  Summary Bitcoin is trading near Fidelity’s power law support zone, with the model’s lower boundary around 58,000 dollars. Jurrien Timmer views the area as an accumulation zone but is not calling a bottom without a clear catalyst. The power law support has aligned closely with major Bitcoin lows in 2015, 2018, and 2022. Bitcoin’s deviation from trend and its underperformance against gold now resemble prior cycle-bottom conditions. The main missing ingredient…

Metaplanet has officially launched Metaplanet Securities, turning its completed acquisition of Siiibo Securities into a regulated digital asset investment banking business built around Bitcoin-backed financial products. Summary Metaplanet has launched Metaplanet Securities after completing its acquisition of Siiibo Securities. The new regulated business will develop Bitcoin backed bonds and digital credit products under Project Nova. JPYC and Progmat are working with Metaplanet on a Bitcoin backed digital credit ecosystem for Japanese investors. According to Metaplanet, the new subsidiary succeeds the Tokyo-based brokerage acquired for JPY 2.1 billion, completing a transaction first announced in June. The company said the business will…

Bitcoin traded near $62,800 on Monday as investors prepared for a packed week of economic releases and geopolitical news.  Summary Bitcoin faces inflation data, Iran tensions, retail reports and major bank earnings in coming days. Oil prices and rate expectations could decide whether Bitcoin holds $60,000 or retests resistance again. ETF inflows offer support, but traders still need a confirmed breakout above $65,000 soon. The largest cryptocurrency stayed above the $60,000 support area, even as Asian shares fell and oil prices rose. Bitcoin was down about 1.4% over 24 hours, while its seven-day change remained close to flat.  That kept…

Ross Gerber has renewed his criticism of Strategy founder Michael Saylor, saying the company’s financing model is hurting Bitcoin.  Summary Gerber says Strategy’s leveraged Bitcoin model creates selling pressure instead of lasting value for investors. Strategy sold Bitcoin to fund dividends, weakening Saylor’s long-standing image as a permanent corporate holder. Supporters argue limited sales show balance-sheet flexibility while Strategy remains Bitcoin’s largest public corporate holder. The chief executive of Gerber Kawasaki made the claim after Saylor posted an AI-generated video titled “The Right to Bear Arms.” Gerber replied that Saylor was “destroying Bitcoin,” but he did not provide data showing…

Japanese convenience store operator Lawson will test payments with the yen-denominated JPYC stablecoin in early August.  Summary Lawson will connect JPYC payments directly to its POS system during a single-store Tokyo trial. Customers will scan mobile wallet barcodes, while HashPort updates balances using verified checkout transaction data. Japan’s megabanks are also preparing yen stablecoins, widening competition across regulated digital payment networks nationwide. The company will run the trial at its Takanawa Gateway City store in Tokyo’s Minato Ward. HashPort, a digital asset wallet provider, will support the payment system and process balance changes linked to purchases. Lawson described the project…

Coinbase Chief Policy Officer Faryar Shirzad has rejected claims that the CLARITY Act would weaken U.S. national security. In a July 11 post on X, he said unclear crypto rules give bad actors room to operate outside firm regulatory boundaries. Shirzad argued that the bill would move more digital asset activity into a federal compliance system rather than leave it under fragmented oversight. Summary Shirzad says CLARITY Act applies bank-style AML rules and gives Treasury stronger enforcement tools nationwide. Warren warns current language could preserve crypto loopholes that foreign actors use for sanctions evasion. Senate negotiators target a merged draft…

BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on Avalanche. The figure rose from about $464 million within seven days, adding roughly $436 million and marking a 105% weekly increase.Wu Blockchain cited current RWA.xyz data when reporting the move on July 12. Summary BlackRock’s BUIDL assets on Avalanche doubled within one week, passing the $900 million mark today. Avalanche now holds the second-largest BUIDL allocation behind Ethereum, according to the latest RWA.xyz data. BUIDL’s total value reached about $2.87 billion as tokenized Treasury demand continued growing across blockchains. RWA.xyz’s BUIDL dashboard places the…