Institutional
Institutional

Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks

Bitcoin Magazine Bitcoin Blasts Past $68,000 After US Treasury Doubles Debt Buybacks Bitcoin blew past $68,000 on Wednesday, jumping nearly 3% over a 24-hour period…
Institutional

Bitcoin’s Volatility May Be Down But Expect a ‘Meaningful Move’ Soon, Says Fidelity 

Bitcoin Magazine Bitcoin’s Volatility May Be Down But Expect a ‘Meaningful Move’ Soon, Says Fidelity  Bitcoin isn’t moving. Analysts think that’s a sign it could…
Infrastructure

China triples digital yuan bank roster year-to-date as eight more banks join network

The People’s Bank of China (PBOC) added 20 new operators this year across two rounds of expansions, including eight additions this week. Read Full Story…
Institutional

Ripple raises $275M for US prime brokerage to meet institutional demand

Ripple said the $275 million raised will support its expansion into traditional financial services such as prime brokerage and multi-asset clearing, citing strong demand from…
Institutional

Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock

Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated. Read Full Story at Cointelegraph.com…
Institutional

Bitcoin’s Q2 selloff split Wall Street as banks bought, hedge funds cut and sovereigns held

Bitcoin fell 14.2% in the second quarter, while institutional Bitcoin ETF holdings rose 7.5% over the same period, climbing from 498,389 to 535,723 BTC equivalent.…
Institutional

Metaplanet to Take Nearly 96% of Super League in a $134.6 Million Bitcoin and Cash Deal

Metaplanet is seeding a Nasdaq-listed bitcoin treasury platform called Superplanet with 2,100 BTC from its own balance sheet and a five-year lockup. The post Metaplanet…
Institutional

FASB Proposes Guidance That Would Let Companies Count Qualifying Stablecoins as Cash Equivalents

Stablecoins with one-to-one liquid reserves, disclosed annually, and on-demand redemption could join Treasury bills in the cash equivalents line under FASB’s proposal. The post FASB…
Institutional

Bitcoin stuck in a six-week range as global bond yields hit highest levels for decades

BTC volatility has dropped to multi-year lows as surging Treasury yields rattle equities and traders await the Fed’s July meeting minutes for clues on the…
Infrastructure

Winklevoss-Backed Cypherpunk Launches 'World's Largest' Zcash Mining Fleet

The Nasdaq-listed privacy firm launched Cypherpunk Mining through a $33.33 million equity deal with Winklevoss Capital, adding roughly 18% of the Zcash network’s hashrate to…