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US senators urge Treasury not to leave states out of GENIUS Act stablecoin process

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State regulators have been sidelined in the U.S. Treasury Department’s efforts to implement the new U.S. stablecoin law, according to several senators from both parties who insist that states must have an explicit process to prove that their oversight and standards are on par with those of federal regulators. The Guiding and Establishing National Innovation […]

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Investors in the strategy could abandon their preferred shares in favor of another crypto rival.

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Strategy’s (MSTR) dividend-paying preferred stock, STRC, closed Tuesday at $91.79, its third lowest since trading began in July 2025, amid falling bitcoin prices and debt concerns. The only lower closes occurred in two sessions later that month, when STRC fell to $88.60. The stock was initially valued at around $90 in its debut. STRC (TradingView)

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Bitcoin miners’ AI kingpin faces $50 billion reality check, VanEck says

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The report comes amid a sea change in the Bitcoin mining industry. Following the collapse in mining profitability after the 2024 halving, many operators began repurposing their power infrastructure to support AI workloads, betting that tech companies would pay much more for electricity and data center capacity than Bitcoin miners. Core Scientific (CORZ) has signed

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Coinbase Introduces AI Advisor, Stock Options and Pre-IPO Markets in Financial Push

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The company is simultaneously expanding its derivatives business. The new products include perpetual futures tied to thematic baskets such as artificial intelligence, defense and Chinese stocks, as well as pre-IPO perpetual futures that provide exposure to private companies, including SpaceX (SPCX), which went public earlier this month. Coinbase said contracts related to OpenAI and Anthropic,

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BTC price rises after interest rates increase in Japan with the advance of XLM, INJ and UNI

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Bitcoin BTC$65,880.91 rose after the Bank of Japan raised interest rates to a 31-year high, pushing the price from around $65,600 in Asian trading to over $66,500 during European hours. The largest cryptocurrency added 1.5% in the past 24 hours, continuing its recovery from a June 5 low below $60,000. Several altcoins saw even bigger

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State Street targets stablecoin reserve boom with new money market fund

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Wall Street’s largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could reach trillions of dollars as digital dollars become a larger part of the financial system. State Street Investment Management on Tuesday introduced the State Street Stablecoin Reserves Money Market Fund, a government money market fund designed specifically

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Bestselling memoirist sues classmate who said she used his story

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Amy Griffin, the author of the memoir “The Tell,” filed a lawsuit Monday, claiming a childhood classmate defamed her by accusing her of appropriating her classmate’s own experience of sexual abuse and presenting it as her own in the book. Ms. Griffin’s complaint, which was filed Monday in U.S. District Court in Nevada, accused the

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The modernization of Glamsterdam enters its final phase of development

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The upgrade is shaping up to be one of Ethereum’s most ambitious since the network transitioned to proof-of-stake in 2022. Jayanthi described Glamsterdam as “probably the biggest fork we’ve had since the merge,” adding that it “will change a lot of assumptions about Ethereum and prepare us for much bigger evolution in the future.” Key

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