China Inaugurates Digital Yuan Operation Centre to Push CBDC Integration: Report

China has quietly taken a bold step in its bid to expand the global footprint of its digital currency. On Thursday, the People’s Bank of China (PBOC) inaugurated an international operations centre for its central bank digital currency, the digital yuan (e-CNY) in Shanghai, according to a report from the South China Morning Post. PBOC…

HSBC Claims Quantum Breakthrough, Should Crypto Holders Be Alarmed?

Hong Kong-Shanghai Banking Corporation (HSBC), an international banking giant, announced the first successful test of quantum computing in a trading application on Thursday. Researchers at HSBC used a quantum computer processor as part of their algorithmic trading process, a method of trading that uses pre-defined rules to execute transactions, to find the likelihood of filling…

Ethereum’s ‘Biggest Loser’ Takes Another $36.4M Hit as ETH Loses $4K

Key takeaways: One ETH trader lost $36.4M in a single liquidation, cementing over $45M in total losses. Ethereum now faces heavy long liquidation clusters at $2,370–$2,500. Ether price technicals hint at another 10%–15% drop this month. An Ethereum trader lost $36.4 million following the liquidation of a massive long bet, after Ether (ETH) slid below…

BlackRock Proposes Bitcoin Premium Income ETF to Complement IBIT

Asset management giant BlackRock filed to register a Delaware trust company for its proposed Bitcoin Premium Income ETF on Thursday, signaling a push to broaden its Bitcoin offerings. Bloomberg ETF analyst Eric Balchunas said BlackRock’s proposed product would sell covered call options on Bitcoin futures, collecting premiums to generate yield.  The regular distributions would, however,…

SOL Dips To $192 Ahead of Key ETF Ruling

Key takeaways: Solana fell to $192 on Thursday, erasing its entire rally to $253 in under a week. A spot ETF ruling on Oct. 10 could unlock deeper institutional flows. SOL’s RSI setup signals a potential short-term bottom despite the altcoin’s broader correction. Solana (SOL) slipped below the $200 mark on Thursday, erasing its recent…

SOL Dips To $192 Ahead of Key ETF Ruling

Key takeaways: Solana fell to $192 on Thursday, erasing its entire rally to $253 in under a week. A spot ETF ruling on Oct. 10 could unlock deeper institutional flows. SOL’s RSI setup signals a potential short-term bottom despite the altcoin’s broader correction. Solana (SOL) slipped below the $200 mark on Thursday, erasing its recent…

BlackRock Proposes Bitcoin Premium Income ETF to Complement IBIT

Asset management giant BlackRock filed to register a Delaware trust company for its proposed Bitcoin Premium Income ETF on Thursday, signaling a push to broaden its Bitcoin offerings. Bloomberg ETF analyst Eric Balchunas said BlackRock’s proposed product would sell covered call options on Bitcoin futures, collecting premiums to generate yield.  The regular distributions would, however,…

​​Cloudflare Plans ‘NET dollar’ Stablecoin to Power AI-Driven Payments

Cloud infrastructure company Cloudflare has announced plans to move into the digital assets market with the launch of a US dollar-backed stablecoin. According to a Thursday announcement, the company is working on the NET dollar, its stablecoin intended to support instant transactions triggered by AI agents — autonomous software programs that can perform tasks such…

Bitcoin Price (BTC) Tumbles Below $109K

A rough early session for crypto markets took a turn for the worse in U.S. afternoon hours Thursday, with BTC$109,575.23 tumbling below $109,000, its weakest price in nearly a month. ETH$3,906.62 plummeted 8% through the past 24 hours rapidly approaching $3,800, erasing gains since early August. It’s now has lost 22% since its record highs…

How DATs could redefine BTC and ETH treasuries

How HashKey’s $500-million fund signals a new era for corporate balance sheets Hong Kong-based HashKey Group has launched a significant $500-million Digital Asset Treasuries (DAT) fund, marking a major step toward mainstream acceptance of cryptocurrencies. This initiative places digital assets at the heart of treasury innovation. DATs are changing how companies manage balance sheets, and…