More Australians reported using cryptocurrency to pay for goods and services in 2026 compared to the year before, but banking friction has continued to weigh on crypto users, according to a newly published report by crypto exchange Independent Reserve. The annual survey of 2,000 “everyday Australians” was conducted between Jan. 12 and Jan. 30. It found that the share of Australians using crypto to buy goods or pay for services doubled from 6% to 12%, with the report suggesting “more Aussies are viewing crypto as a practical payment method rather than…
Category: Bitcoin News
Bitcoin Exchange Inflows Spike as BTC Rally Halts at $75K
Centralized crypto exchanges recorded a spike in Bitcoin hourly inflows on Monday as the crypto market rallied, with one analyst warning it could signal selling pressure. Hourly Bitcoin flows into exchanges spiked to 6,100 BTC on March 16, the highest since Feb. 20, reported head of research at CryptoQuant, Julio Moreno, on Tuesday. He added that the share of large inflows reached 63% of total inflows, which is the highest since mid-October 2025. It comes as Bitcoin has rallied around 12% so far this month, hitting a six-week high of…
Meta Shuts Down Horizon Worlds on Quest Headsets
Meta Platforms will shut down its Horizon Worlds metaverse for virtual reality users in June, pivoting to a mobile-only experience as it retreats from the aggressive metaverse push it championed just five years ago. Consumers will no longer be able to build, publish, or update virtual reality worlds, or access the Horizon Worlds metaverse on Meta Quest headsets, from June 15, the company said in a Tuesday blog post. Horizon Worlds launched in late 2021 as a VR-only, online multiplayer platform where users can build and publish virtual environments and…
Coin Center Urges SEC To Prioritize Rulemaking Over No-Action Letters
Crypto lobby group Coin Center has urged the US Securities and Exchange Commission to stop addressing individual crypto cases reactively and instead start setting clear rules. “Individualized relief can provide short-term clarity, but it risks fragmentation, implicit merit regulation, and uneven treatment across projects,” Coin Center said in a letter to the SEC, urging the regulator to “prioritize rulemaking wherever possible.” “The true value of crypto networks lies in their character as utility-like public goods rather than as services operated by private corporations or associations,” the letter read. The letter,…
Moody’s Launches Onchain Credit ratings via Canton Network
Moody’s Ratings has debuted a system to deliver its credit analysis onchain, bringing its ratings data into blockchain-based financial infrastructure. The system, called Token Integration Engine (TIE), connects Moody’s traditional ratings data to blockchain networks, allowing permissioned participants to access credit insights within blockchain-based financial workflows. It is built for institutional use, with issuers controlling participation while Moody’s retains oversight of its ratings process. The company claims it is the first credit rating agency to deliver its credit analysis onchain. In June 2025, Moody’s teamed up with a fintech startup…
Bitcoin Price Rally To $79K Would Make Spot ETF Holders Whole Again
Bitcoin (BTC) is closing in on its average entry price for US spot BTC exchange-traded fund (ETF) investors at $79,900. The narrowing gap between Bitcoin’s market price and the ETF holders’ cost basis coincides with onchain data that shows early signs of accelerated buying from investors. Bitcoin ETF breakeven level nears key trend test Bitcoin’s sustained price rally above $70,000 puts a key investor cohort back in focus. The ETF cost basis level acted as support in mid-2024, and a break above this level brings many ETF holders closer to…
SOL Bottomed, Now A Rare Pattern Predicts Huge Rally
A recurring bottom signal for Solana’s SOL (SOL) token has flashed on its weekly chart. The pattern was first seen in 2023 when SOL went on a 1,604%, rally, then again in 2025 when the altcoin gained 142%. Currently, SOL futures and spot market data point to a slow pickup in market activity, with the price approaching a key weekly level that may reinforce the bullish bias. Crypto analyst WebTrend has highlighted that the pattern on the weekly chart is marked by consecutive candles with long lower wicks. This structure…
Tether Unveils AI System to Run Large Models on Smartphones
Tether, issuer of the world’s largest stablecoin by market cap, USDT, has released a new AI training framework that it says allows large language models to be fine-tuned on consumer hardware, including smartphones and non-Nvidia GPUs. According to Tuesday’s announcement, the system, part of its QVAC platform, uses Microsoft’s BitNet architecture and LoRA techniques to reduce memory and compute requirements, potentially lowering the cost and hardware barriers to developing AI models. The framework supports cross-platform training and inference across a range of chips, including AMD, Intel and Apple Silicon, as…
GSR Acquires Autonomous, Architech in $57M Crypto Deal
Crypto trading and investment company GSR has acquired advisory companies Autonomous and Architech in a $57 million deal to expand its services for tokenized projects, combining launch support, treasury management and capital markets infrastructure under one platform. The acquisition brings together Autonomous’s operational and financial services for token launches with Architech’s focus on token design and liquidity strategy, integrating both into GSR’s existing trading, market-making and asset management business. To be sure, many crypto projects face challenges due to their reliance on different providers for structuring, token economics, fundraising, and…
CFTC Issues No-Action Letter for Crypto Wallet Provider Phantom
The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker. The US Commodity Futures Trading Commission (CFTC) said Tuesday that its Market Participants Division issued a no-action letter in response to a request from crypto wallet provider Phantom Technologies. A CFTC notice said that the no-action letter would, under certain circumstances, stop the division from recommending that the regulator take an enforcement action against Phantom or its staff for failure to register as a…