AGP Executive Report
Last update: 11 hours agoMarket Rout: Hot U.S. inflation triggered nearly $1 billion in crypto liquidations in 24 hours, with longs accounting for about $894 million. Bitcoin fell below $81,000, while Ether lost about $292 million in positions and slid toward $2,360. Banking Push: Kraken parent Payward agreed to buy Lithuania’s Saldo Bank, adding a European banking foothold as it expands beyond crypto trading. Standard Chartered also launched Bitcoin and Ether trading for wealthy UAE clients through its regulated banking platform. Payments: PPRO is expanding its partnership with Damisa, using regulated stablecoins to speed up cross-border business payments and reduce the need to pre-fund accounts in multiple markets. Rules and Security: Australia is consulting on new licensing, custody and trading rules for crypto platforms ahead of a 2027 rollout. Separately, Ledger warned buyers in Asian markets about tampered wallets linked to major losses. Ethereum’s Future: Starknet opened a weeklong, nonbinding vote on whether to explore becoming an independent, quantum-resistant blockchain rather than remain an Ethereum layer 2.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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