[Square Merchants Accept Bitcoin Payments for the First Time in the U.S.] Square merchants have started supporting Bitcoin payments in the United States, marking the platform's first activation of cryptocurrency payment functionality in the region. (Bitcoin Archive)

[Sony Applies for Banking License to Offer Cryptocurrency Services] Sony, through its online banking division, has applied for a national banking license, planning to provide cryptocurrency and stablecoin-related services. This application joins the ranks of crypto companies such as Stripe, Coinbase, Paxos, and Circle seeking OCC licenses. This move indicates that traditional enterprises are accelerating their entry into the crypto space, potentially driving further refinement of the industry's regulatory framework. (Decrypt)

[Coinbase Adds BNB to Listing Plan] Coinbase announced that BNB has been added to its listing roadmap, with the specific launch date yet to be disclosed.

In the 20th century, investors who understood energy shaped industries and built massive fortunes. This century, the commodity that matters most is compute, whether you’re mining bitcoin or training AI models, writes HIVE Blockchain Technologies’ Frank Holmes.

What began as a macro-driven unwind on crypto Black Friday rapidly evolved into a market-wide stress event — underscoring how tightly coupled liquidity, collateral and oracle systems have become, writes CoinDesk Data’s Joshua de Vos.