A bipartisan bill aims to establish Treasury-backed custody rules for Bitcoin amid rising concerns over security and regulatory gaps. US lawmakers have introduced the ARMA bill, which would implement federal Bitcoin custody standards for government-held assets. The proposa
Stablecoin issuer Tether reported a 50% quarterly profit surge despite broader crypto turmoil and declining Bitcoin prices. Tether generated $1.5 billion in net operating profit during Q2 2026, up nearly 50% from $1.04 billion in Q1. The gain came as Bitcoin fell from $68,
LINK, Chainlink's native token, lags behind BTC and ETH despite leading the decentralized oracle network sector. Chainlink’s LINK token has fallen over 50% in the past 12 months amid broader crypto market headwinds, including interest rate hike concerns. Despite the declin
Samsung plans to integrate stablecoin features into 800 million Galaxy phones, leveraging its crypto infrastructure and $408 million Dunamu stake. Samsung will embed native stablecoin features, including fiat-pegged savings and payments, into 800 million new Galaxy smartph
XRP, the sixth-largest cryptocurrency, can now be used as collateral to borrow RLUSD via Morpho’s institutional lending protocol. Flare announced that its FXRP token has been approved as collateral in Sentora’s RLUSD Main vault on the Morpho lending protocol. This allows X
BNY to offer institutional crypto staking through Galaxy partnership The custody giant is expanding beyond safekeeping by adding staking services, allowing eligible institutional clients to earn yield on proof-of-stake assets. BNY and Galaxy have partnered to integrate ins
In brief - Hashdex will close and liquidate its Bitcoin ETF, which manages about $14.7 million. - Trading ends Aug. 17, with cash distributions expected around Aug. 28. - The closure follows more than two years of fierce competition in the U.S. spot Bitcoin ETF market. Has
The crypto asset manager will close its U.S. spot Bitcoin ETF due to low investor demand and high operating costs. Hashdex will shut down its Hashdex Bitcoin ETF (DEFI) after accumulating only $14.7 million in assets under management. The fund will cease trading on Aug. 17
Bitcoin stabilizes at $64,176 while the S&P 500 reaches a record $70 trillion market cap amid easing US-Iran tensions. Bitcoin traded near $64,176, up 1% on the day, as optimism over the reopening of the Strait of Hormuz lifted risk assets. The S&P 500 surged to a $70 tril
Jason Calacanis, the angel investor and early backer of Uber, Robinhood, and dozens of Silicon Valley's most successful startups, has a message for Bitcoin holders: the bottom is in, and now is the time to rotate. In a post on X, Calacanis said he believes Bitcoin has form
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