CMC Updates

The cuts could affect up to 10% of the workforce at the company behind Cash App, Square and Afterpay.

The company is recruiting AI filmmakers in Italy, venture associates in the UAE, and regulatory specialists in Ghana and Brazil.

The plan targets price manipulation by large traders and artificial inflation of suspended tokens.

The payment accounts would give fintech firms restricted access to central banking infrastructure without full master account privileges.

Historical patterns show similar readings appeared during late 2018 and late 2022 bear market troughs.

The network now processes transactions at speeds that support ENS operations without requiring layer-2 infrastructure.

The proposal treats digital asset transactions similarly to securities while establishing capital requirements for exchanges that exceed thresholds for commercial banks.

Bitcoin developer Mononaut noted the decline ranks as the 10th-largest negative percentage shift in the network's history.

Volume surged to 2.33 million contracts while premium payments totaled $900 million, both setting single-day records for IBIT.

The CFTC amended Staff Letter 25-40 through new guidance labeled 26-05, clarifying that national trust banks qualify as stablecoin issuers under the regulatory framework.

The spike in online queries coincided with sharp price swings that briefly pushed the asset below $60,000.

The spike in online queries coincided with sharp price swings that briefly pushed the asset below $60,000.

Several large crypto companies including Coinbase already appear in major equity indices, providing many 401k plans indirect exposure to crypto.

The platform stated Saturday it recovered 618,212 Bitcoin of the mistakenly credited funds and retrieved an additional 1,788 Bitcoin from sold assets, achieving 99.7% recovery.

CoinShares maintains these figures aggregate exposure categories with dramatically different practical implications.

Institutional capital managers are observing prices below $70,000 after Bitcoin declined 22.60% across the past month to reach $69,635 at publication.

The Bitcoin transfers coincided with a broader crypto market downturn that saw prices slide significantly.

Bloomberg ETF analyst Eric Balchunas reported that IBIT dropped 13% on the day, marking its second-worst daily price decline since launch.