Open Standard has launched Open USD, a new enterprise-focused stablecoin designed for large-scale global payments. The stablecoin aims to address key barriers to institutional adoption by offering zero-cost minting and redemption, partner ownership of reserve earnings, and governance by an independent partner-led organization. Over 140 major companies including Visa, Mastercard, BlackRock, and Coinbase support the initiative, signaling strong industry backing for a shared stablecoin infrastructure. This development could enhance the scalability and openness of stablecoin use in the internet economy.
SpaceX is ineligible to join the S&P 500 index before June 2027 because of the index's listing rules, which include a minimum time as a public company. Additionally, SpaceX's current financial losses may delay its inclusion further. This means invest...
Shiba Inu (SHIB) experienced a sharp 10% price drop after briefly breaking above $0.00000620, pulling back to around $0.0000056. This decline erased most gains from its recent breakout and put pressure on the crucial 200-day moving average, which had...
The Metals Company (TMC) is uniquely positioned as the only US company moving forward with a commercial permit for seafloor mining. This first-mover advantage in deep-sea mineral extraction sets TMC apart in the sector and underpins its investment ap...
Ethereum Classic (ETC) saw a price increase from $9.24 to $9.66 within an hour on September 24, marking a 4.55% gain. This rise occurred alongside $10,000 in short liquidations on major exchanges Binance, Bybit, and OKX, while no long liquidations we...
Bitcoin's short-term holder cost basis has risen above that of active long-term holders for only the fifth time in history, indicating a potential bull-market confirmation. This measure excludes Bitcoin that has been dormant for over 10 years, focusi...
