Citigroup eyes custody services for stablecoins and crypto ETFs amid US policy shift

Citigroup eyes custody services for stablecoins and crypto ETFs amid US policy shift

Key Takeaways Citigroup is considering providing crypto custody services for stablecoins and crypto ETFs, signaling growing institutional interest. The bank aims to leverage stablecoins for faster and more efficient cross-border payments and settlements. Share this article Citigroup is exploring crypto custody services for stablecoins and the assets backing crypto exchange-traded funds (ETFs), according to a … Read more

Jack Dorsey’s Block unveils Bitcoin mining system Proto Rig and Proto Fleet software

Jack Dorsey’s Block unveils Bitcoin mining system Proto Rig and Proto Fleet software

Key Takeaways Block positions its Proto Rig as a durable, repairable, and upgradeable alternative to today’s “disposable” mining machines. Proto Fleet will be free to use and available for deployment either on-premises or in the cloud. Share this article Jack Dorsey-led Block has unveiled Proto Rig, a first-of-its-kind modular Bitcoin mining system aimed at tackling … Read more

Google secures option for 8% stake in Bitcoin miner TeraWulf via $1.8B backstop deal

Google secures option for 8% stake in Bitcoin miner TeraWulf via .8B backstop deal

Key Takeaways Google backs $1.8 billion TeraWulf AI project, gaining warrants for potential 8% stake. The deal includes $3.7 billion in contracted revenue and involves over 200 MW of AI-driven infrastructure development. Share this article American Bitcoin miner TeraWulf announced Thursday that it has entered into two 10-year high-performance computing (HPC) colocation agreements with AI … Read more

Trump’s Treasury Secretary Scott Bessent rules out new acquisitions for Bitcoin reserve

Trump’s Treasury Secretary Scott Bessent rules out new acquisitions for Bitcoin reserve

Key Takeaways The US Treasury will not acquire new crypto assets for its strategic reserve. Existing government-held Bitcoin originated from confiscated assets and no further sales are planned. Share this article The US government will not purchase new Bitcoin for its planned strategic reserve, opting instead to rely on confiscated holdings for now, said Treasury … Read more

Is Cardano Crypto Ready For $3 In 27 Days? ADA USD Forms Golden Cross

Is Cardano Crypto Ready For  In 27 Days? ADA USD Forms Golden Cross

Cardano crypto is flying higher at press time. After the lull in late July, ADA USD began printing higher highs from early August before breaking above $1 earlier today. Although prices retraced, the uptrend remains intact. If the current momentum is maintained, the coin could bounce higher, perhaps even flipping Dogecoin and USDC in the … Read more

Ethereum Foundation clarifies no connection to recent ETH sale

Ethereum Foundation clarifies no connection to recent ETH sale

Key Takeaways The Ethereum Foundation denied involvement in the recent sale of 2,794.87 ETH. Ethereum is trading above $4,700, up around 24% in the past week. Share this article Hsiao-Wei Wang, co-executive director of the Ethereum Foundation (EF), clarified that the foundation was not involved in a recent ETH sale that sparked concern among investors. … Read more

ADA and HYPE Record Highest Crypto Gain Today: Altcoins Season Coming as ETH Nears ATH

ADA and HYPE Record Highest Crypto Gain Today: Altcoins Season Coming as ETH Nears ATH

What’s interesting today? We know Bullish Exchange has been making headlines with its stock launch on the NYSE. Bitcoin is breaching its ATH, but such sleeper coins, both HYPE and ADA, are taking the crown for crypto top gainers. Cardano jumped, climbing 15% to settle at 95 cents. Grayscale’s ETF filings are likely one of … Read more

Bullish IPO Blasts On Launch: Is BLSH the Best Crypto Stock to Buy?

Bullish IPO Blasts On Launch: Is BLSH the Best Crypto Stock to Buy?

Yesterday, Bullish, a crypto exchange backed by billionaire Peter Thiel, one of the founders of PayPal, debuted on the NYSE under the ticker BLSH. Given the previous success of the Circle IPO, the electrifying performance was expected. BLSH more than doubled a few hours after listing for trading, effectively qualifying it as the best crypto … Read more

BTC USD Slams New ATH at $124K: Can Bitcoin Price Hit $130K This Week?

BTC USD Slams New ATH at 4K: Can Bitcoin Price Hit 0K This Week?

Crypto is pumping, and behind this uptick is the ever-firm BTC USD price, which skyrocketed above $123,000 yesterday, printing fresh all-time highs of over $124,700. Although the momentum has dropped since the break higher, the uptrend remains, and every low may be an opportunity for aggressive bulls targeting $130,000 this week and $150,000 by the … Read more