Verified report from coindesk.com
NewsMatic brief
Bitcoin is down just 1.5% in its historically weakest month and remains on track for its first quarterly gain in a year, despite rising rates, surging oil and a stronger dollar.
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Starknet and arbitrum gained more than 17% while the 10-year Treasury yield slipped back below 5%, with 98 of CoinDesk 100 constituents advancing.
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Another central bank hiked rates overnight, this time the Bank of Japan. The move failed to halt the slide in the yen.
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Stablecoin payments company dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.
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The U.S. Treasury sanctioned BitBank, a Tehran exchange it says moved hundreds of millions of dollars in bitcoin to the Revolutionary Guards and handled payments collected from ships buying passage through the world’s most important oil chokepoint.
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The network is cutting its target slot time to 250 milliseconds, giving apps fresher blockchain data and validators shorter control windows while reducing the amount of work allowed in each slot.
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Corporate treasuries bought just 5,900 bitcoin in three months, while broader demand signals remain weak.
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