The crypto market,
briefed in 60 seconds.

Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments — Washington sees Brazil's non-dollar channels as threat; stablecoins dominate 90% of Brazil's crypto transactions.

Live markets: Bitcoin returns to $63,000 as Nasdaq trims large early loss — Chipmaker selloff pulls bitcoin back from $65,000.

Massive bitcoin call spreads target $72,000 by month end — Large traders betting on BTC rise to $72k by month end via options market flow.

Japan's SBI Group building Asia's first cross-border digital asset empire — Consolidates Singapore's Coinhako, partners with Ondo Finance for tokenization.

Bitcoin faces headwinds as China's Kimi beats Claude, GPT in coding benchmark — Kimi K3 tops frontend coding; semiconductor stocks and crypto fall.

Crypto executives say digital native generations may never need a bank account — Younger generations may rely less on banks, driving crypto adoption in emerging markets.

Stripe and Swift race to control next generation global payments infrastructure — Two finance firms compete for digital payments infrastructure control, say crypto experts.