Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: James Wilson
The company that settles almost every US stock trade is putting tokenized securities on a public blockchain, and it chose Stellar. What the deal actually covers, what the $114 trillion figure really means, and why XLM jumped. Summary DTCC is not tokenizing $114 trillion on Stellar; that figure refers to the assets it oversees. The initial scope covers Russell 1000 stocks, major index ETFs, and US Treasuries. Stellar was chosen for compliance-focused features, not just speed or low fees. XLM’s rally reflects a long-term institutional adoption bet, not direct demand from tokenized securities. In May 2026, the Depository Trust and…
Circle reportedly minted another 1 billion USDC on Solana on June 16, according to on-chain tracker Lookonchain. Summary Circle reportedly minted 1 billion USDC on Solana, bringing weekly issuance to 3.5 billion tokens. Large USDC mints can signal higher demand for Solana liquidity, payments, and trading settlement activity. Circle’s Movement post links USDC-backed settlement to low-cost payments, remittances, and broader dollar access globally. The latest issuance lifted Circle’s total USDC minting on Solana to 3.5 billion over the past week. “Circle minted another 1B USDC on Solana today,” Lookonchain said. The tracker added that Circle had minted 3.5 billion USDC…
The Enforcement Directorate has filed a prosecution complaint in a cryptocurrency fraud case involving more than $20 million in stolen digital assets and has attached assets worth about INR 64.55 crore (approx. $6.83 million) linked to the alleged proceeds of crime. Summary Enforcement Directorate has filed a prosecution complaint against Chirag Tomar and others in a crypto fraud case involving more than $20 million in stolen digital assets. Investigators alleged the group used fake Coinbase websites to steal user credentials and transfer cryptocurrency from victim accounts into wallets under their control. Indian authorities have attached assets worth about INR 64.55…
The Bank of Japan (BOJ) raised its policy rate by 25 basis points on June 16, moving the target for the uncollateralized overnight call rate to around 1.0%. Summary BOJ raised rates to 1.0%, putting yen liquidity and crypto market exposure back in focus. Oil-driven inflation risks pushed Japan’s central bank toward another step away from easy monetary policy. BOJ tightening adds pressure to yen carry trades, putting Bitcoin and wider digital assets back in focus. The new rate takes effect on June 17 after a 7–1 vote by the Policy Board. The move lifted Japanese rates further from the…
South Korea’s largest crypto exchange, Upbit, announced trading support for SPX6900 (SPX) on June 16. Summary Upbit opened SPX trading across KRW, BTC, and USDT pairs, expanding access for Korean traders. Bithumb added SPX and SPACE to KRW markets, linking meme and DePIN tokens for users. SPX traded higher on crypto.news data, with volume rising as listings drew fresh attention. The exchange set SPX trading to start at 14:00 KST across KRW, BTC, and USDT markets. The listing gives SPX direct access to won-based trading and two major crypto pairs on one of the country’s main exchanges. Bithumb also announced…
BlackRock’s Bitcoin income-focused ETF will begin trading on Nasdaq on June 16 after receiving regulatory approval from the U.S. Securities and Exchange Commission. Summary BlackRock’s iShares Bitcoin Premium Income ETF (BITA) is set to begin trading on Nasdaq on June 16 after receiving SEC approval and exchange clearance. The fund seeks to generate income through a covered-call strategy on IBIT holdings while targeting a 15%–25% annual yield. Alongside BITA, BlackRock recently expanded its ETF lineup with the STAR space technology fund in Europe and the UK. According to Bloomberg ETF analyst Eric Balchunas, Nasdaq confirmed that BlackRock’s iShares Bitcoin Premium…
Expanding adoption of the XRP Ledger among major financial firms has fueled speculation from Jake Claver that BlackRock may one day launch an XRP ETF. Summary Jake Claver says BlackRock could eventually file for an XRP ETF as institutional interest in XRPL grows. XRPL Commons’ Odelia Torteman says firms including BlackRock, Mastercard, and Franklin Templeton are exploring the XRP Ledger. Ripple has expanded XRPL’s utility through MXNB integration, AI tools, and support for agent-based payments. According to comments made by Claver during a recent interview, XRP is likely to see increased adoption across the XRP Ledger ecosystem in the coming…
Nvidia has raised the stakes in the artificial intelligence infrastructure race with plans to borrow at least $20 billion from debt markets, a move that comes as Bitcoin miners increasingly reposition themselves as AI and high-performance computing providers. Summary Nvidia plans to raise at least $20 billion through a multi-part bond offering to fund AI investments and refinance debt. Bitcoin miners are expanding into AI and HPC services, with more than $70 billion in contracts announced across the sector. Industry forecasts suggest listed miners could generate up to 70% of revenue from AI by the end of 2026. According to…
Bitcoin has climbed more than 11% from its early June low as Santiment says the U.S.-Iran peace agreement may be laying the groundwork for a longer crypto bull market. Summary Santiment says the U.S.-Iran peace deal has boosted risk appetite, helping Bitcoin recover more than 11% from its early June low. Glassnode data shows Bitcoin accumulation increased after the drop into the $60,000 range, with multiple wallet cohorts buying the dip. Despite the rally, more than $4.8 billion has left U.S. spot Bitcoin ETFs since May, highlighting continued investor caution. According to on-chain analytics firm Santiment, investor sentiment has improved…
Bitcoin has climbed above $67,000 after U.S. President Donald Trump confirmed that the U.S. and Iran have signed a peace agreement, helping push the total crypto market capitalization to $2.37 trillion. Summary Bitcoin climbed above $67,000 after Trump confirmed the U.S. and Iran had signed a peace agreement. The crypto market cap rose 4.7% to $2.37 trillion, while Ethereum gained over 10% and several altcoins posted double-digit advances. Oil fell more than 5% below $80 as the reopening of the Strait of Hormuz appeared closer, lifting stocks, gold, and silver alongside crypto. According to statements made by Trump ahead of…