What really drives altcoin seasons? A closer look

    What really is altcoin season? Altcoin season, often called “altseason,” occurs when a significant portion of altcoins, cryptocurrencies other than Bitcoin, experience rapid price increases that outpace Bitcoin’s performance. This period is characterized by a shift of investor capital from Bitcoin into assets such as Ether, Solana, Cardano and even smaller tokens like Dogecoin or…

    UK Finance pilots tokenized sterling deposits with six major banks

    UK Finance, a trade association representing over 300 financial services firms in the United Kingdom, has launched a joint pilot project for tokenized sterling deposits (GBTD). The trade group began the pilot phase for the tokenized deposits project, which aims to provide a digital representation of traditional British pound commercial bank money, it announced on Friday. The…

    Tether’s mega fundraise draws top investors as it expands beyond yield income

    At least two high-profile investment companies are reportedly vying to back stablecoin issuer Tether as it looks to sell roughly 3% of its equity — a move that underscores pent-up investor demand for one of the world’s most profitable companies. According to Bloomberg, venture capital giants SoftBank Group and ARK Investment Management are among potential investors…

    Aave’s V4 protocol upgrade is coming: Here’s what to expect

    Decentralized finance (DeFi) platform Aave said it will release its V4 update, a major protocol upgrade, sometime in the fourth quarter of 2025, introducing modular lending markets and additional risk controls among new features. The update introduces a “hub and spoke” modular design to Aave to allow for crypto borrowing and lending markets with more custom parameters,…

    HSBC claims a quantum breakthrough in algorithmic trading

    Hong Kong-Shanghai Banking Corporation (HSBC), an international banking giant, announced the first successful test of quantum computing in a trading application on Thursday. Researchers at HSBC used a quantum computer processor as part of their algorithmic trading process, a method of trading that uses pre-defined rules to execute transactions, to find the likelihood of filling over-the-counter (OTC) bond orders…

    ING, UniCredit join banks developing euro stablecoin under MiCA

    A group of major European banks has joined forces to launch a euro-pegged stablecoin in compliance with Europe’s Markets in Crypto-Assets (MiCA) framework. Dutch lender ING and Italy’s UniCredit are among nine banks participating in the development of a euro-denominated stablecoin, according to a joint statement published by ING on Thursday. Built in compliance with Europe’s MiCA regulation, the…