Crypto trading firm GSR expands token advisory with $57 million in acquisitions

Crypto trading firm GSR said Tuesday it acquired Autonomous and Architech for $57 million, expanding into token advisory and capital markets services. Autonomous will keep its brand and focus on token launch operations, while Architech will anchor a new unit, GSR Digital Asset Advisory. The group will work alongside GSR’s…

Uniswap (UNI) drops 4.1%, leading index lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2148.63, down 0.9% (-20.59) since 4 p.m. ET on Monday. One of 20 assets are trading higher. Leaders: NEAR (+0.4%) and CRO (+0.0%). Laggards:…

PayPal (PYPL) expands PYUSD stablecoin to 70 markets

PayPal (PYPL) said it is expanding access to its dollar-backed stablecoin, PYUSD$0.9998, to users in 70 markets, extending the token’s reach beyond the U.S. as it pushes deeper into digital payments. Consumers in newly supported countries will be able to buy, hold, send and receive PYUSD directly through their PayPal…

Do Bitcoin Halvings Matter Anymore If Strategy’s STRC Exists?

Michael Saylor’s Strategy is using its preferred stock, STRC, to buy Bitcoin (BTC) at an accelerating pace. But can this create a more powerful supply shock than the halving? Key takeaway: Strategy raised $1.18 billion via MSTR shares to fund Bitcoin purchases last week. Bitcoin’s next cycle may be driven…