Advertisement

DeepNewz

UK Chancellor Rachel Reeves Considers £5 Billion Sale of Seized Bitcoin From 2018 Ponzi Scheme to Address Budget Shortfall
Regulation & Politics

UK Chancellor Rachel Reeves Considers £5 Billion Sale of Seized Bitcoin From 2018 Ponzi Scheme to Address Budget Shortfall

The British government, led by Chancellor of the Exchequer Rachel Reeves, is considering selling approximately £5 billion (around $7 billion) worth of seized Bitcoin to help address a budget shortfall in public finances
Block Joins S&P 500, Adding 8,584 Bitcoin to the Index
Markets

Block Joins S&P 500, Adding 8,584 Bitcoin to the Index

Block Inc., the payments and financial-services company founded by Jack Dorsey, has been approved for inclusion in the S&P 500
Peter Thiel-Backed Exchange Bullish Files for NYSE IPO
CeFi

Peter Thiel-Backed Exchange Bullish Files for NYSE IPO

Bullish, a cryptocurrency exchange backed by billionaire investor Peter Thiel, has filed paperwork with the U.S. Securities and Exchange Commission for an initial public offering
Trump Signs GENIUS Act, Launching First US Stablecoin Rules
Regulation & Politics

Trump Signs GENIUS Act, Launching First US Stablecoin Rules

President Donald Trump on Friday signed the GENIUS Act, the United States’ first federal law dedicated to regulating dollar-pegged cryptocurrencies known as stablecoins
Tom Lee Predicts Bank Ethereum Buying as SBET Plans $5 Billion Purchase
Markets

Tom Lee Predicts Bank Ethereum Buying as SBET Plans $5 Billion Purchase

Market strategist Tom Lee told CNBC he expects Ethereum’s blockchain to become the backbone of bank-issued stablecoins, predicting lenders will acquire Ether not for speculation but as core infrastructure to secure and settle their digital liabilities
Ethereum Jumps Above $3,600, Market Value Tops $430 Billion
Markets

Ethereum Jumps Above $3,600, Market Value Tops $430 Billion

Ether climbed more than 5% in late-day trading Thursday, reaching $3,606
BTC Digital Raises $6 Million as Fifth Bitcoin Miner Converts BTC Reserves to Ethereum Amid Reward Decline
Blockchains

BTC Digital Raises $6 Million as Fifth Bitcoin Miner Converts BTC Reserves to Ethereum Amid Reward Decline

Bitcoin mining companies are increasingly shifting their focus and resources toward Ethereum amid concerns over Bitcoin's diminishing block rewards and the sustainability of its mining incentives
Tether Mints $2 Billion USDT in Back-to-Back Ethereum Transactions
Blockchains

Tether Mints $2 Billion USDT in Back-to-Back Ethereum Transactions

Tether Treasury created two separate tranches of one billion USDT on the Ethereum blockchain within 24 hours, blockchain monitoring data show
House Advances Crypto Bills After Record Nine-Hour Vote
Regulation & Politics

House Advances Crypto Bills After Record Nine-Hour Vote

The U.S. House of Representatives late Wednesday cleared a key procedural hurdle for cryptocurrency legislation
Ethereum Spot ETFs Set Record With Nearly $720 Million Inflows
Markets

Ethereum Spot ETFs Set Record With Nearly $720 Million Inflows

Ethereum-linked spot exchange-traded funds attracted roughly US$717 million in net subscriptions on 16 July, the largest single-day haul since the products launched