Institutional
Institutional

Strategy sold 32 bitcoin for $2.5 million in late May, filing shows

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy’s…
Institutional

Strategy sold 32 bitcoin for $2.5 million in late May, filing shows

The 8-K filing Monday says proceeds from the May 26-31 sale, executed at an average price of $77,135 a coin, will fund distributions on Strategy’s…
AI

Bitcoin ETFs Post Third-Worst Weekly Outflow Ever as Wall Street Rips on AI

Spot Bitcoin ETFs lost $1.42 billion last week, the third-worst on record, while HYPE, XRP, and Solana ETFs attracted inflows as capital rotated into alternative…
Institutional

Coinbase launches rupee bank rails in India after FIU nod

Coinbase has switched on direct rupee bank transfers in India via IMPS, letting users move funds between local bank accounts and the exchange for spot…
DeFi

Aave now has a regulated path from bank accounts to DeFi lending – The hard part is keeping users there

On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. received FCA registration as cryptoasset exchange providers,…
Institutional

US, UK central bankers offer contrary views on stablecoins

Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene…
Institutional

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume. Read Full…
Infrastructure

UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia

Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and…
Institutional

Kraken ‘plans’ regulated perp contracts as rivals are quick off the blocks

In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional…
Infrastructure

How Stellar became part of DTCC's tokenization push for Wall Street securities onchain

Wall Street’s clearing giant chose a public blockchain with compliance tools built for regulated assets, Stellar Development Foundation CEO Denelle Dixon said. Read Full Story…