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Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%

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Nasdaq-listed PowerCompute refinanced $18 million of debt through a Bitcoin-backed facility carrying an initial interest rate of about 2%.

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Coin Market

Yen stablecoin issuer JPYC’s Series B reaches $38M

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JPYC said it plans to use the new capital to expand its financial and Web3 ecosystem and accelerate adoption of its yen-pegged token.

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Coin Market

Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M

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US-listed Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million.

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Fed’s Cook says she’d support rate hike if disinflation stalls

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Federal Reserve Governor Lisa Cook said she is “prepared to act” if inflation remains too high above the Fed’s target rate.

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