The crypto market,
briefed in 60 seconds.

Samsung poised to become dominant stablecoin distributor — Samsung aims to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by deeper crypto infrastructure play.

Live updates: Bitcoin at $63,600 as rare US-Japan yen action tests carry-trade fears — Japan may have spent $36.6 billion supporting yen with US, slowing decline without reversing trend, says Bitget Wallet's Kan.

U.S.-Japan intervention revives yen carry trade fears for bitcoin — Coordinated action sent the yen sharply higher, but bitcoin's recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.

BlackRock expands tokenized cash with new blockchain-based money market offerings — Both funds intend to qualify as eligible reserve assets for permitted U.S. payment stablecoin issuers under the GENIUS Act.

Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails — Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface.

Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode — Retail investors and large whales are buying as bitcoin trades near its 200-week moving average, making $63,000 a key level.

BNY to add crypto staking to digital asset custody platform — BNY selected Galaxy to provide staking infrastructure, expanding services for institutional crypto investors.