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Tech giant Meitu loses over $43M of its crypto investment in bear market

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Meitu was one among many public companies that purchased Bitcoin to hold as a treasury reserve during the peak of the bull run last year and now joins the list of companies that have suffered heavily due to the bear market.

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Coin Market

BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch

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The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.

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Coin Market

Bitcoin stays flat as global bond bear market rages on, pushing JGB to high

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Global bond yields hit multi-decade highs today as Japan’s 10-year JGB yield reached a 30-year peak, keeping Bitcoin steady near $78,000.

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Coin Market

Ethena launches USDe payments app, offers 6% rewards

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The self-custodial app brings USDe into everyday payments, savings and cross-border transfers, with annualized rewards of up to 6%.

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