Erebor’s green light from US regulators is among the most significant bank charter approvals tied to digital assets since the 2023 regional banking crisis. Erebor, a financial services company backed by billionaire Peter Thiel, has received regulatory approval to launch in the United States — a move that could help fill the gap left by the collapse of Silicon Valley Bank in 2023. According to a report by the Financial Times on Wednesday, Erebor has secured a preliminary banking charter but must still clear several compliance and security hurdles before it can begin operations — a process that could take several months. The approval was confirmed by the Office of the Comptroller of the Currency (OCC), with Comptroller Jonathan V. Gould saying that “permissible digital asset activities [...] have a place in the federal banking system if conducted in a safe and sound manner.” Read more
DOGE holders are quietly accumulating after the recent 66% crash, with onchain data showing that historically accurate top signals have yet to trigger. Key takeaways: Onchain data shows short-term holders are accumulating despite volatility. Technical patterns mirror past Dogecoin bull cycles, hinting at a breakout phase to $1.60 by Q1, 2026. Read more
Omnichain versions of Tether’s USDT and XAUT go live on Solana via Legacy Mesh, linking digital dollars and gold across blockchains. Omnichain versions of Tether’s stablecoin USDt (USDT) and Tether Gold (XAUT) are now available on Solana through Legacy Mesh, an interoperability network built on LayerZero that connects native stablecoin liquidity across multiple blockchains; this could position Solana as a competitive settlement layer for onchain finance and real-world assets (RWAs). The deployment of USDT0 and XAUT0 effectively brings Tether’s digital dollar and tokenized gold to Solana, potentially merging stablecoin liquidity with real-world asset use cases. Unlike Tether’s USDT stablecoin, USDT0 is not issued by Tether. Instead, it is part of a third-party omnichain liquidity network designed to unify existing native USDT liquidity across multiple blockchains. As such, Solana integration potentially strengthens Tether’s omnichain footprint, following earlier USDT0 deployments on Ethereum, OP Superchain, Po...
Bitcoin saw fresh warnings of another dip to fill local lows on Binance, while gold hit record highs on Federal Reserve interest-rate cut hopes. Key points: Bitcoin risks hitting $102,000 again as support higher up looks increasingly weak. Analysis suggests the bull market may be at risk as a result. Read more