Tuesday, October 13

Crypto

Wyoming Issues Executive Order to Guide AI Data Center Development

Wyoming Governor Mark Gordon has signed an executive order establishing a framework for developing data centers and advanced computing facilities, underscoring the state’s push to attract AI infrastructure investment as demand for computing power accelerates.In an order published Wednesday, titled…

Ethereum Hits 14-Week Low as Traders Defend Critical .8K Support

Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800. ETH/USD 1-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Ether fell to a…

Agentic payments surpass 100M transactions on Coinbase’s Base

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than…

Binance Exchange to Halt NFT Services, Move Management to Binance Wallet

Binance announced it is shutting down support for non-fungible tokens on Binance Exchange and moving NFT management to its self-custodial cryptocurrency wallet, Binance Wallet. The exchange said this will offer NFT holders “easier access to Web3 and decentralized features,” according to…

Russian Ruble Stablecoin Kept Growing Despite Western Sanctions: CertiK

The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK.CertiK said A7A5 processed over $110 billion in cumulative onchain transactions, captured about 43% of the global non-US…

Bitcoin Price Crash to K Sparks .8B Crypto Liquidation Bloodbath

Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war.Key takeaways:Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs.Traders say…

Mastercard Adds Stablecoin Settlement for Card Transactions

Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and…

HIVE Bitcoin Holdings Fall as Revenue Hits Record 8M

Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as the miner reported a sharp rise in annual revenue from Bitcoin mining and high-performance computing (HPC).The company reported holdings of 150 Bitcoin…

US Treasury Sanctions Iran’s Nobitex Crypto Exchange

The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system.The Treasury said on Tuesday that it…

Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes

Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled. Bitcoin (BTC) fell to $65,385 on Coinbase in early trading…

New York and EU Regulators Unite to Oversee Stablecoins

​The European Banking Authority and the New York State Department of Financial Services (NYDFS) have signed a memorandum of understanding to police cross-border stablecoin activities. The EBA said on Tuesday that the deal is part of its duties under the Markets…

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