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Circle to Launch cirBTC Wrapped Bitcoin for Institutions

Stablecoin issuer Circle said it plans to launch its own version of a wrapped Bitcoin, which would put it against incumbents Coinbase and BitGo as it targets institutional users.  The asset, called cirBTC and announced on Thursday, is set to launch on Ethereum, backed 1:1 by bitcoin (BTC) and aimed at over-the-counter desks, market makers

Big Tech Companies Form New x402 Foundation For Agentic AI

Google, Microsoft and Amazon Web Services are among the Big Tech firms supporting the newly launched x402 Foundation, established to govern and standardize the x402 protocol for agentic AI payments on crypto and fiat rails.  The x402 Foundation was launched on Thursday by the open-source software development non-profit Linux Foundation with the help of Coinbase

Bitcoin Bulls Must Clear $76K To Avoid New Lows In 2026

Bitcoin’s (BTC) range-bound trading within the $60,000 to $73,000 range is impressive, especially when considering the macroeconomic backdrop of Brent crude oil rising to levels not seen since 2008, a hot war between the US, Israel and Iran, and a volatile stock market where the S&P 500 index trades at a 3.95% year-to-date loss.  Despite

Stablecoins Dominate Crypto Trading as Retail Activity Drops

Stablecoins were a rare bright spot in an otherwise subdued crypto market in the first quarter, with supply growth and transaction activity pointing to sustained demand even as broader market conditions weakened. Total stablecoin supply increased by roughly $8 billion to a record $315 billion in Q1, according to data from CEX.IO. Although this marked

Bitcoin Rally To $75K Still Possible Despite Huge Macro Challenges

Key takeaways: Private credit risks and weak US jobs market data drive Bitcoin lower, but is there a silver lining? Institutional Bitcoin ETF outflows and miner sales test BTC's strength, but the Federal Reserve's options for addressing the federal deficit may also favor scarce assets. Bitcoin (BTC) faced rejection at $69,000 on Wednesday after President

Polymarket Introduces Equity and Commodity Markets Powered by Pyth

Polymarket has added markets tied to equities, commodities and exchange-traded funds, using price data from blockchain oracle provider Pyth Network as the resolution source to determine outcomes for daily contracts. The new markets include daily up-or-down and closing price contracts for major equity indexes, commodities such as gold and oil, and a range of US-listed

CFTC Sues 3 US States, Claims Sole Authority Over Prediction Markets

The Trump administration is suing Illinois, Connecticut, Arizona, and their gaming regulators over the federal government’s right to regulate prediction markets. The Commodity Futures Trading Commission (CFTC) and the US Department of Justice filed separate lawsuits on Thursday against the three states. In 2025, those states and their gaming regulators sent cease and desist letters

X Mulls New Rules for First-Time Crypto Posts Amid Tortoise Scam

Social media platform X is considering implementing new rules for first-time user posts about crypto in an effort to crack down on scammers using phishing attacks to gain access to accounts. Nikita Bier, the head of product at the platform formerly known as Twitter, made the announcement on Wednesday amid reports that a scammer pretending
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