Daily Feed
Peter Thiel-Backed Augustus Wins OCC Nod for AI Stablecoin Bank
Peter Thiel-backed Augustus wins OCC nod for AI stablecoin bank has won conditional approval from the OCC to form a US national bank built for AI payments and stablecoin settlement — but the hard part starts now. Conditional OCC approval for Augustus Bank, N.A. Focus: AI-driven payments, stablecoin settlement, programmable clearing Pitch: “the first clearing […]
Read MoreOrd.io and Zap Shut Down as Bitcoin Ordinals Hype Cools Hard
Bitcoin Ordinals just took another gut punch: Ord.io and Zap are shutting down on June 1 after running out of money, a rough reminder that hype doesn’t equal a sustainable business. Ord.io shuts down June 1 Zap shuts down June 1 Leonidas King says the team “ran out of money” Bitcoin inscriptions activity has cooled […]
Read MoreCapital B Raises $17.8M to Buy More Bitcoin as Europe’s Treasury Race Heats Up
Capital B just put more firepower behind its Bitcoin treasury strategy, with fresh capital from Adam Back and TOBAM as the France-listed firm keeps stacking BTC while others get skittish. Capital B raised €15.2 million ($17.8 million) in a private placement Adam Back and TOBAM backed the financing Each share came with four subscription warrants […]
Read MoreSouth Korea Accelerates Won Stablecoin Push to Counter Dollar Dominance
South Korea is accelerating its push for a won-based stablecoin framework as lawmakers and industry leaders warn that dollar-backed tokens could lock the country into someone else’s payment rails. Won-based stablecoin push: Korea wants a domestic answer before dollar tokens become the default Policy race: lawmakers are weighing MiCA, the U.K., and Korea’s digital-asset basic […]
Read MoreSenate Clarity Act Compromise Targets Crypto Crime, Protects Developers, Faces Bank Pushback
Senate lawmakers have reached a compromise on the Clarity Act that tightens anti-crypto-crime enforcement while keeping developers from getting flattened by sloppy liability rules. AML tools: tougher action against bad actors Developers: safe-harbor protections held intact Banks: attacking stablecoin language late Momentum: the crypto market structure bill is moving The deal was worked out by […]
Read MoreBitcoin Sees $706M Inflows as Traders Dump Shorts in Classic Squeeze Setup
Bitcoin has pulled in a reported $706 million as traders dumped short positions, a sharp reminder that crowded bearish bets can get obliterated fast when momentum flips. $706 million in inflows Traders abandoning shorts Classic short squeeze setup BTC sentiment turns constructive The move points to a notable shift in Bitcoin market sentiment. Instead of […]
Read MoreStrategy Buys 535 BTC as Bitcoin Battles $82K Resistance
Strategy, formerly MicroStrategy, is back stacking Bitcoin again, adding 535 BTC for about $43 million as BTC hovers near a stubborn $82,000 resistance level, according to the company’s latest disclosed purchase. 535 BTC added for $43 million Strategy keeps buying Bitcoin, no matter the noise BTC is testing $82,000 resistance Corporate Bitcoin accumulation is still […]
Read MoreSenate Banking Vote Advances Clarity Act as Stablecoin Yield Fight Heats Up
Congress is moving on two fronts at once: the Clarity Act is headed for a Senate Banking Committee vote on Thursday, while the fight over stablecoin yield is getting louder and uglier. One debate is about who gets to police crypto markets. The other is about whether digital dollars should be allowed to pay interest, […]
Read MoreWhite House Crypto Advisor Slams Banks Over Stablecoin Rewards in CLARITY Act Fight
The White House’s top crypto advisor has thrown down against bank lobbyists as the fight over stablecoin rewards in the CLARITY Act heats up. Banks say reward programs could pull deposits out of the traditional system and threaten financial stability. The White House camp says the banks had a chance to show up, help shape […]
Read MoreCLARITY Act Heads to May 14 Senate Markup as Stablecoin Fight Heats Up
The long-awaited CLARITY Act is heading toward a key Senate Banking Committee markup on May 14, and Washington is once again doing what it does best: turning a straightforward crypto market structure bill into a cage match over who controls the rails, the rewards, and the regulatory turf. May 14 markup set for the Senate […]
Read MoreStrategy Says Software Business Is Fueling Its Bitcoin Treasury Model
Strategy Says Its Software Business Is Quietly Powering Its Bitcoin Machine Strategy wants investors to stop treating it like a one-trick Bitcoin proxy. The company says its enterprise software business is still very much alive, and it’s doing more than just warming the chair while Bitcoin grabs the spotlight. Software and Bitcoin are reinforcing each […]
Read MoreWashington, Fed Politics and Crypto Taxes Are Now Steering Bitcoin Markets
Crypto markets are being steered less by memes and more by policy, and the loudest signals on Crypto X right now are coming from Washington, central-bank politics, and tax reforms that could make even hardened Bitcoin holders reach for a calculator. Washington is driving crypto sentiment — stablecoin rules, the Clarity Act, and Fed Chair […]
Read MoreSolana, Cardano Hold Key Levels as BlockDAG Pushes May 14 Presale Hype
Solana and Cardano are sitting at technically important levels, but the loudest push here is BlockDAG, a presale project being marketed as the better asymmetric bet ahead of its May 14 Batch 5 claims milestone. Solana is trying to recover after a brutal downtrend Cardano is consolidating after a sharp weekly bounce BlockDAG is being […]
Read Moremb.io Partners to Tokenize West African Gold on Blockchain with Dubai Custody
MultiBank Group’s crypto arm, mb.io, is joining forces with Kings Orbis, EON3 Group Ghana Ltd, and Mavryk to tokenize physically-backed gold sourced from West Africa, with custody planned in Dubai under an institutional framework. It’s a serious swing at real-world asset tokenization — and one that at least starts with actual bullion instead of the […]
Read MoreStrategy Buys 535 More Bitcoin, Raises Holdings to 818,869 BTC
Strategy resumes Bitcoin buying streak with 535 BTC purchase and lifts its total holdings to 818,869 BTC. Michael Saylor’s corporate Bitcoin machine is still running hot, but the noise around dividends, dilution, and whether the company may eventually need to sell a sliver of BTC to keep the lights on is getting harder to shrug […]
Read MoreBNY Launches Bitcoin and Ether Custody in Abu Dhabi’s ADGM
BNY has launched institutional Bitcoin and Ether custody in Abu Dhabi’s ADGM, a move that shows traditional finance is no longer merely flirting with crypto — it’s wiring it into the regulated machinery. BNY enters Abu Dhabi’s ADGM with institutional BTC and ETH custody Next targets: stablecoins and tokenized real-world assets Bigger signal: custody is […]
Read MoreBitcoin Whipsaws on Trump Iran Rejection as $410M Crypto Liquidations Hit Market
Bitcoin slipped and recovered after President Donald Trump rejected Iran’s latest response to a U.S. peace proposal, as geopolitical tension rattled risk assets and triggered nearly $410 million in liquidations across the crypto market. BTC dropped from $81,430 to $80,520 in about 45 minutes Price rebounded to $82,347 in less than three hours Nearly $410 […]
Read MoreCLARITY Act Faces May 14 Senate Crypto Vote as Democrats Hold the Key
The CLARITY Act is heading toward a Senate Banking Committee markup on May 14, and Galaxy Digital says a small group of Democratic senators may decide whether U.S. crypto market-structure rules finally get moving or get buried under the usual Washington sludge. Seven Democrats may hold the key Markup vote set for May 14 Stablecoin […]
Read MoreCapital B Raises €15.2M to Buy More Bitcoin, But Dilution Comes With It
Capital B is back on the grind, raising fresh institutional cash to buy more bitcoin while reminding shareholders that “more BTC” often comes with the very unsexy companion of dilution. The French company, formerly known as The Blockchain Group, has pulled in €15.2 million ($17.8 million) to expand its bitcoin treasury strategy and potentially add […]
Read MoreBitcoin Leads $857.9M Crypto Fund Inflows as CLARITY Act Hype Builds
Bitcoin led a fresh wave of crypto fund inflows last week, with rising Bitcoin price action and growing hope around U.S. crypto legislation helping push digital asset investment products to their strongest showing in weeks. $857.9 million in net crypto fund inflows Bitcoin dominated with $706.1 million Sixth straight week of positive flows CLARITY Act […]
Read MoreBitcoin aSOPR Signals 9-Day Profit-Taking Streak as Demand Absorbs Sellers
Bitcoin is flashing a fresh on-chain strength signal, and it’s not coming from some clownish price target or a vendor of magical thinking. CryptoQuant says Bitcoin’s adjusted Spent Output Profit Ratio, or aSOPR, has stayed above the key 1.0 level for nine straight days — the longest profitable-spending streak since October 2024. aSOPR above 1.0 […]
Read More13-Year-Dormant Bitcoin Whale Moves 500 BTC in Likely OTC Prep, Not Exchange Dump
A dormant Bitcoin whale wallet from 2013 just stirred after 13 years of silence, moving 500 BTC — roughly $40 million — and instantly lighting up the on-chain radar. 500 BTC moved from a November 2013 wallet About $40 million transferred at 19:16 UTC on Sunday Clues point to OTC prep, not a straight exchange […]
Read MoreBitcoin ETFs Lead Crypto Inflows as BlackRock IBIT Tops $596M Weekly Demand
US spot Bitcoin ETFs kept pulling in serious capital last week, with BlackRock’s IBIT once again doing the heavy lifting while Ethereum, Solana, and XRP products also drew fresh money. Bitcoin ETFs led weekly crypto fund inflows with about $623 million. BlackRock IBIT dominated demand, accounting for roughly $596 million of that total. ETH, SOL, […]
Read MoreBitcoin Pulls Back After $82K Spike as ETH Stalls and SUI Leads Altcoin Rotations
Bitcoin cooled after a push above $82,000, Ethereum stayed stuck in a messy range, and altcoins kept rotating with more force than conviction as macro jitters rattled the market. BTC slipped back toward $80,700 after a brief run above $82,000 ETH remains trapped near $2,350 with mixed technical signals SUI led altcoins with a nearly […]
Read More