Institutional
Industry News

BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green

BlackRock’s IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid’s HYPE products as the only…
DeFi

SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

SpaceX’s proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could…
DeFi

Tom Lee's Bitmine borrows a page from Saylor's playbook to offer 9.5% yield in preferred stocks

The largest Ethereum treasury firm is taking a page from Michael Saylor’s Strategy to issue preferred shares to tap new sources of funding. Read Full…
Institutional

US Treasury Secretary signals progress on Bitcoin reserve, CLARITY Act

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve…
Institutional

Revolut US bank plans stablecoins alongside FDIC-insured accounts: Report

Reuters reported that Revolut plans to integrate stablecoins into its future US bank as more fintech and crypto companies chase federal banking approvals. Read Full…
Institutional

Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology

Bitcoin Magazine Franklin Templeton CEO: Blockchains Threaten Wall Street’s Fee Machine, Not Its Technology Franklin Templeton CEO Jenny Johnson said traditional finance resists public blockchains…
Institutional

Bitmine's Ethereum bet nears $9 billion loss as ether falls below $1,800

Shares of Tom Lee’s Ethereum treasury firm hit their lowest level since the company’s crypto pivot as ETH revisits the February lows. Read Full Story…
Institutional

Revolut Plans 2027 US Bank Launch With Stablecoin Services Built In From Day One

The British neobank, with 70 million customers and a $75 billion valuation, will pair FDIC-insured accounts with stablecoin access on a single platform — a…
Institutional

Scott Bessent Backs Strategic Bitcoin Reserve, Urges Senate to Pass Clarity Act

Bitcoin Magazine Scott Bessent Backs Strategic Bitcoin Reserve, Urges Senate to Pass Clarity Act Treasury Secretary Scott Bessent told the Senate Finance Committee that the…
Institutional

Bank of England stablecoin caps may choke the UK’s pound-token market before launch

A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK’s regime is finalized. The Financial Services Regulation…