The Bank of England has officially reversed its controversial proposal to limit the amount of stablecoins that individuals and consumers could hold, bowing to pressure from a UK House of Lords committee and the crypto industry. The central bank said on Monday it would abandon plans to impose a £20,000 ($27,000) holding limit on individuals […]
Bitcoin BTC$64,513.22 has risen 1.4% since midnight UTC, riding the tailwind as hopes of an Iran-US deal have driven down oil prices. The move provided a boost to major altcoins, with ether (ETH) adding 2.4% and solana (SOL) and BNB gaining around 1.5%. XRP lags behind with a gain of 0.7%. Despite the green shoots
As BTC and ETH Prices Rise, Derivatives Signal Skepticism of a Sustained Rally Read More »
Michael Saylor and his struggling strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of Bitcoin and $300 million in cash to its balance sheet. The company sold about 2.7 million shares of MSTR stock, according to a filing Monday morning, raising $335.5 million. Of this sum,
Michael Saylor’s MSTR Boosted BTC and Liquidity Read More »
The departures also come as the foundation unveiled a new strategic framework known as “CROPS,” an acronym standing for cypherpunk values, resilience, open source development, permissionless and security. Foundation leaders presented the framework as a way to clarify the FE’s mission and reinforce Ethereum’s core values as the ecosystem becomes increasingly decentralized. Supporters see it
Talent exodus sparks new debate on foundation leadership Read More »
Earlier this month, Bitmine raised approximately $274 million through the sale of 3.5 million shares of 9.50% Series A perpetual preferred stock. The preferred shares, traded on the New York Stock Exchange under the symbol BMNP, pay weekly cash dividends. Lee argued that the company’s staking operations provide recurring cash flow to support these obligations.
Bitmine (BMNR) Buys $92M worth of ETH as Tom Lee Reaffirms Call for “Crypto Spring” Read More »
Federally chartered crypto bank Anchorage Digital is deploying infrastructure that allows banks to issue tokenized deposits, joining financial institutions’ growing efforts to bring traditional bank money to blockchain networks. The bank said on Monday that its new platform would help banks offer round-the-clock payment and settlement services using blockchain technology without replacing their existing core
Anchorage Digital aims to bring banks online with new tokenized deposit platform Read More »
MoneyGram said Monday that it has become a validator on the Solana (SOL) blockchain, the latest step in the remittance company’s continued push into crypto infrastructure as it builds payment services around stablecoins. By operating a validator, MoneyGram will help process transactions and secure Solana’s proof-of-stake network, becoming a key part of the infrastructure that
MoneyGram takes on validator role amid stablecoin payments push Read More »
Former New York Governor Andrew Cuomo is leading a joint venture between OKX and New York Stock Exchange owner Intercontinental Exchange (ICE) to build infrastructure to connect traditional and digital financial markets. “The ICE-OKX joint venture is a step toward building the infrastructure that will define how global markets operate for decades to come,” Trabue
The mining economy deteriorated in 2026, analysts noted, with bitcoin trading below its estimated cost of production for five straight months. Citing CoinShares’ first-quarter mining report, JPMorgan said that around 20% of miners are currently believed to be unprofitable. Financial pressure has prompted miners to sell more bitcoins. Publicly traded mining companies liquidated more than
Bitcoin miners near break-even as network reacts more abruptly to price swings: JPMorgan Read More »
Baillie Gifford, a 118-year-old investment firm based in the Scottish capital Edinburgh, has unveiled a tokenized fixed income fund in association with global custody giant BNY, the companies announced on Monday. The Baillie Gifford Enhanced Yield Fund (BAGEY) is dollar-denominated and gives eligible investors access to an actively managed portfolio of short-term public corporate bonds
