Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Metaplanet Doubles Down on Bitcoin with $92.5M Buy, Targets 1% Supply
Reading Time: < 1 minuteMetaplanet continues to bet big on Bitcoin, purchasing another 780 BTC for $92.5 million—its latest move in a strategy that has amassed $2 billion in BTC holdings.
Democrats Challenge FHFA’s Push to Include Crypto in Mortgage Approvals
Reading Time: < 1 minuteA group of Senate Democrats is pushing back against the FHFA’s exploration of cryptocurrency in mortgage lending, warning of potential risks to the housing market.
Hong Kong Cracks Down on Unlicensed Stablecoin Promotions with Jail Time, Fines
Reading Time: < 1 minuteStarting August 1, promoting unlicensed stablecoins in Hong Kong will become a criminal offense punishable by fines of up to HK$50,000 (US$6,300) and six months’ imprisonment.
Ethereum’s Institutional Boom Could Push ETH to $4K: Novogratz
Reading Time: < 1 minuteMichael Novogratz, CEO of Galaxy Digital, sees Ethereum’s growing institutional accumulation as a catalyst for ETH to surpass Bitcoin in performance—and breach $4,000.
Ark Invest Offloads $12M in Coinbase Shares Amid Portfolio Rebalancing
Reading Time: < 1 minuteCathie Wood’s Ark Invest sold $12.1 million worth of Coinbase Global (COIN) stock on Thursday, trimming its position in the crypto exchange across two of its ETFs.
Anchorage Digital Partners with Ethena to Issue First GENIUS-Act Compliant Stablecoin
Reading Time: < 1 minuteAnchorage Digital Bank, the only federally chartered crypto bank in the US, has teamed up with Ethena Labs to bring its USDtb stablecoin onshore—the first to align with the recently passed GENIUS Act.
MoonPay Introduces Solana Staking with 8.49% Yield
Reading Time: < 1 minuteMoonPay, a leading fintech firm in crypto payments and Web3 infrastructure, has unveiled a new liquid staking service for Solana (SOL) holders.
Institutions Bet Big on Ethereum as Spot ETFs Rake in $534M
Reading Time: < 1 minuteInstitutional demand for Ethereum is heating up, with US spot ETH ETFs absorbing $534 million in net inflows on Tuesday—their third-best day on record.
FTX Creditors to Receive $1.9B More in September Payout
Reading Time: < 1 minuteFTX creditors will see another major payout on September 30, with the bankruptcy court approving the release of $1.9 billion from reduced reserves.
CoinShares Wins MiCA License in France
Reading Time: < 1 minuteCoinShares, one of Europe’s top crypto investment firms, just locked in a major regulatory milestone: a MiCA license from France.
UK Government Proposes Sweeping Ransomware Payment Ban
Reading Time: < 1 minuteThe UK has unveiled strict new measures to prevent public sector bodies and critical national infrastructure (CNI) operators—such as energy providers, healthcare services, and local authorities—from paying ransomware demands.
GOP Senators Propose Crypto Market Framework, Eye House Alignment
Reading Time: < 1 minuteRepublican leaders on the Senate Banking Committee have circulated a draft bill to establish a regulatory framework for digital assets, potentially merging efforts with the House’s recently passed CLARITY Act.
Telegram Brings Crypto to the US with New In-App Wallet
Reading Time: < 1 minuteTelegram is making crypto easier than ever for US users with its new non-custodial wallet, powered by MoonPay.
SEC Greenlights—Then Hits Pause—on Bitwise ETF Conversion
Reading Time: < 1 minuteIn a rare move, the SEC approved Bitwise’s request to convert its crypto index fund into an ETF, only to suspend the decision shortly after, signaling internal debate.
Western Union Eyes Stablecoin Expansion Amid Regulatory Shifts
Reading Time: < 1 minuteWestern Union is actively exploring stablecoin integration within its digital wallet ecosystem, signaling a strategic shift toward blockchain-based payments.
MicroStrategy Doubles Down on Bitcoin Bet with $740M Purchase
Reading Time: < 1 minuteMicroStrategy reinforced its Bitcoin dominance last week, adding 6,220 BTC ($739.8M) to its treasury during BTC’s volatile climb past $122K.
Ark Invest Capitalizes on Coinbase’s Peak with $90M Share Sale
Reading Time: < 1 minuteCathie Wood’s Ark Invest seized the opportunity to lock in profits, selling $90.58 million worth of Coinbase (COIN) shares just days after the cryptocurrency exchange hit a record high.
BitGo Files for US IPO in Push Toward Mainstream Finance
Reading Time: < 1 minuteBitGo, a major digital asset custodian, has filed for an initial public offering (IPO) in the US.
Conflux Network Announces Offshore Yuan Stablecoin and Conflux 3.0 Upgrade
Reading Time: < 1 minuteChinese Layer 1 blockchain Conflux Network has unveiled plans to develop an offshore yuan-pegged stablecoin in collaboration with fintech firm AnchorX and Shenzhen-listed Eastcompeace Technology.
Block Inc. Secures S&P 500 Listing in Major Fintech Validation
Reading Time: < 1 minuteJack Dorsey’s Block Inc. will join the S&P 500 index effective Wednesday, July 23, marking a significant milestone for the Bitcoin-focused financial technology company.
US Banking Lobby Opposes Expedited Crypto Bank Licenses
Reading Time: < 1 minuteMajor US banking associations have called on the Office of the Comptroller of the Currency (OCC) to delay approvals for crypto firms seeking national bank charters, arguing that the move would represent a major policy shift.
UK Home Office Plans $7B Bitcoin Sale from Seized Assets
Reading Time: < 1 minuteThe UK Home Office is preparing to sell a massive stockpile of seized Bitcoin worth at least $7 billion.
Crypto Market Breaks $4T Barrier: Bitcoin Leads While Altcoins Gain Momentum
Reading Time: < 1 minuteIn a watershed moment for digital assets, the cryptocurrency market capitalization eclipsed $4 trillion Thursday, fueled by Bitcoin’s steady dominance and surging altcoin prices.
BlackRock Eyes ETH Staking as Ethereum ETFs See Record Inflows
Reading Time: < 1 minuteBlackRock is pushing to add staking capabilities to its iShares Ethereum Trust (ETHA), per a new SEC filing submitted by Nasdaq.
Canary Capital Files for Staked INJ ETF, Betting on Injective Protocol
Reading Time: < 1 minuteInvestment firm Canary Capital has submitted an S-1 application to the US Securities and Exchange Commission (SEC) for a staked INJ exchange-traded fund (ETF), according to a Thursday filing.
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