Mastercard Rolls Out Full Stablecoin Toolkit
Mastercard has unveiled its new end-to-end stablecoin capabilities, offering support for on-chain wallet-to-wallet transactions and off-ramp solutions. The pilot program includes a launch of a crypto card with OKX, showcasing how the payments giant is integrating blockchain into everyday financial services. This move aims to streamline crypto transactions for merchants and consumers alike. With its stablecoin infrastructure now live, Mastercard positions itself as a key onramp for Web3 adoption. (Coindesk)
Bitcoin Eyes $100K as Altcoins Rally
Bitcoin is surging toward the $95,000 mark, driven by robust institutional interest, clearer regulations, and strong macroeconomic factors. Ethereum, XRP, and other altcoins are also gaining momentum, signaling a broad-based bull run. Analysts point to increased investor optimism and improving global liquidity as key drivers of this rally. If current trends hold, Bitcoin could break the $100,000 barrier in the near term. (Economic Times)
Cambridge Study Shows Greener Bitcoin Mining Trends
A Cambridge University study reveals that Bitcoin mining is increasingly powered by renewable energy sources. The research highlights improvements in the industry’s sustainability practices, especially in response to earlier criticism over energy use. Tesla’s historical involvement in BTC payments is also noted as part of the broader transition to greener operations. The findings could help improve Bitcoin’s public perception and environmental impact. (The Block)
Solv Launches Shariah-Compliant Bitcoin Yield Product
Solv has introduced the world’s first Shariah-compliant Bitcoin yield offering in the Middle East, targeting Muslim investors seeking ethical crypto finance. The product is part of a new BTC staking protocol that complies with Islamic financial principles. This launch expands access to yield-generating crypto products in markets previously underserved by such innovations. Solv aims to bridge religious considerations with the growing demand for decentralized finance. (Coindesk)
Strategy Acquires $1.42B in Bitcoin, Now Holds $5.2B Total
Digital asset firm Strategy has acquired 15,355 BTC for $1.42 billion, bringing its total Bitcoin holdings to a staggering 52,000 BTC. The acquisition reflects a strategic bet on Bitcoin's long-term value amid inflation concerns and currency devaluation. Strategy’s accumulation aligns with the increasing trend of institutions using BTC as a hedge and store of value. The company’s total holdings are now worth over $5.2 billion. (Tech in Asia)
Metaplanet Issues Bonds to Buy More Bitcoin
Metaplanet, a Japanese tech investment firm, has issued $25 million in bonds to further expand its Bitcoin holdings. This move follows its recent expansion into the US market and reflects a growing corporate strategy of holding Bitcoin as a treasury reserve. The firm is mirroring approaches taken by companies like MicroStrategy to gain long-term exposure to BTC. Its continued accumulation signals institutional confidence in Bitcoin’s value proposition. (The Block)
UK Releases New Crypto Rules as Part of Financial Strategy
The UK government has outlined fresh crypto regulations tied to its broader 2025 financial services roadmap. The framework sets clear requirements for stablecoins, crypto exchanges, and custodial wallets, aiming to boost market confidence and protect consumers. Officials say the move will encourage responsible innovation while maintaining financial stability. The rules put the UK in a stronger position to compete globally in digital finance. (Reuters)
