DWS and Deutsche Bank’s Euro Stablecoin Venture Secures Regulatory Green Light
AllUnity, the joint stablecoin initiative from asset management firm DWS and Deutsche Bank, has received regulatory approval from Germany’s financial watchdog, BaFin. The German Federal Financial Supervisory Authority has granted AllUnity an E-Money Institution (EMI) license, paving the way for the launch of a euro-backed stablecoin named EURAU. The token will be issued under the […]
Binance CEO Highlights How Crypto Resonates With Bhutan’s National Philosophy of Well-Being
During a recent visit to Bhutan, Binance CEO Richard Teng emphasized how digital assets and cryptocurrency technology complement the Kingdom’s distinctive development philosophy — Gross National Happiness (GNH). Speaking at a media roundtable during the Binance Crypto-Powered Tour in the Himalayan nation, Teng was asked whether the principles of crypto align with Bhutan’s values, which […]
First US ETF With Solana Staking Set to Launch Wednesday
A groundbreaking cryptocurrency ETF offering US investors access to Solana and staking rewards is scheduled to launch this Wednesday. The “REX-Osprey Solana and Staking ETF” will be the first of its kind in the United States, according to REX Shares, the company behind the fund. It’s designed to provide investors with exposure to Solana (SOL) […]
Deutsche Bank Reportedly Set to Launch Crypto Custody Services in 2026
Germany’s largest financial institution, Deutsche Bank, is gearing up to roll out cryptocurrency custody accounts by next year, according to sources cited by Bloomberg. The bank is expected to introduce a digital asset custody platform in 2026 through a collaboration with Bitpanda Technology Solutions — the infrastructure arm of the Austria-based crypto exchange. Additionally, Swiss […]
Bitcoin Hits All-Time Monthly Close at $107K, Analysts Anticipate 9% Rally in July
Bitcoin wrapped up June with a historic monthly close, finishing just above $107,000—its highest on record, according to analysis from 10X Research. This bullish milestone hints at further upside, with expectations of a potential 9% increase in July. Previously, Bitcoin’s strongest monthly closes came in May and January, at approximately $104,600 and $102,450 respectively. June’s […]
Strategy Expands Bitcoin Holdings with $531M Purchase Amid Market Optimism
Michael Saylor’s firm, Strategy, continued its aggressive Bitcoin accumulation last week, seizing the opportunity as investor confidence rebounded and BTC prices climbed. In a filing submitted to the U.S. Securities and Exchange Commission on Monday, Strategy revealed it had purchased an additional 4,980 BTC for approximately $531.1 million. The average purchase price came out to […]
Bitcoin Eyes New Record as Momentum Builds Toward $109K Liquidity Zone
Bitcoin inched higher over the weekend, rising around 3% to hit $108,000 on Sunday, following similar trends across the crypto space. With liquidity getting absorbed near the $108,000 level, traders are increasingly confident that a breakout to new all-time highs is just a matter of time, especially as ask orders accumulate beyond $109,000. Analysts Signal […]
Trump Says Bitcoin Eases Burden on the US Dollar
In a recent White House press briefing, United States President Donald Trump praised Bitcoin’s growing influence on the national economy, suggesting it plays a role in easing strain on the US dollar. “I’ve seen a lot of people using Bitcoin more and more,” Trump said. “It’s been remarkable — it’s creating jobs, it’s becoming part […]
Solana Staking ETF Poised for Launch After SEC Green Light, Say Analysts
The first Solana staking exchange-traded fund (ETF) in the U.S. could be just moments away from launch, according to multiple ETF experts. The fund, led by REX Shares, appears to have satisfied the U.S. Securities and Exchange Commission (SEC) after incorporating feedback and updating its filing. ETF analyst Eric Balchunas noted on Friday that the […]
Bitcoin is ‘bad for dictators’ Says Human Rights Advocate
A leading figure from the Human Rights Foundation has argued that Bitcoin serves as a critical tool for resisting authoritarian regimes, providing individuals with financial freedom in environments where traditional currencies are easily manipulated by those in power. Speaking at the Bitcoin Policy Summit in Washington, D.C., Alex Gladstein, the foundation’s chief strategy officer, emphasized […]