Drake name-drops Bitcoin in new track “What Did I Miss?”
On Saturday, music superstar Drake dropped a new song titled “What Did I Miss?”, and in it, he gives a shoutout to Bitcoin — once again showing his ongoing interest in the cryptocurrency world. This isn’t Drake’s first brush with BTC. Back in 2022, he famously bet $1 million worth of Bitcoin on the Super […]
US Republicans Announce ‘Crypto Week’ to Debate Major Legislation
Republican leaders in the U.S. House of Representatives have announced a dedicated “Crypto Week” set for July 14–18, during which they plan to review three major bills that could significantly shape the country’s approach to digital assets. House Financial Services Chair French Hill, Agriculture Committee Chair Glenn Thompson, and Speaker Mike Johnson said Thursday that […]
Dormant Bitcoin Whales Move Billions After 14 Years of Silence
Some of Bitcoin’s earliest adopters have finally made a move, shifting massive amounts of the digital currency after over a decade of inactivity. In a rare event, long-dormant whale wallets are springing back to life and transferring billions in value. One such wallet, labeled “12tLs,” moved 10,000 BTC — now worth more than $1 billion […]
Bitcoin Dips Below $108K as Dormant Wallet Activity Sparks Satoshi Speculation
Bitcoin’s price slid under the critical $108,000 threshold on Friday after the sudden reactivation of BTC wallets untouched for over a decade caused concern across the crypto market. 80,000 BTC Stirs Market Nerves According to TradingView data, BTC/USD briefly hit $107,564 on Bitstamp before staging a minor recovery. The 1.6% daily drop extended losses after […]
First-Ever Solana Staking ETF Launches Strong With $12M in First-Day Inflows
The debut of the first Solana staking ETF in the United States has made waves, closing its first trading day with $12 million in inflows — a promising milestone for staking-focused crypto funds. The REX-Osprey Solana Staking ETF (ticker: SSK) officially began trading on the Cboe BZX Exchange on Wednesday. According to Bloomberg ETF analyst […]
BlackRock’s Bitcoin ETF Now Outpaces Its Flagship S&P 500 Fund in Fee Revenue
BlackRock is earning more from its spot Bitcoin ETF than from its longstanding S&P 500 fund—a major shift that reflects changing investor priorities, according to a recent report. The iShares Bitcoin Trust (IBIT) has officially surpassed the iShares Core S&P 500 ETF (IVV) in terms of annual fee income. Nate Geraci, president of NovaDius Wealth […]
Bitcoin Briefly Touches $110K Before Jobs Data Dampens Fed Rate Cut Hopes
Bitcoin experienced a wave of volatility early Thursday as stronger-than-expected U.S. employment figures threw cold water on hopes for near-term interest rate cuts. Stronger Jobs Report Cools Bullish Momentum BTC/USD surged to nearly $110,300 before retreating sharply, according to TradingView data, as fresh U.S. labor numbers surprised to the upside. June’s nonfarm payrolls report revealed […]
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 […]
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 […]
Bybit and OKX Expand Regulated Crypto Services Across Europe Under MiCA
Two major cryptocurrency exchanges, Bybit and OKX, have taken significant steps to strengthen their presence in Europe, launching fully compliant platforms under the EU’s Markets in Crypto-Assets Regulation (MiCA) framework. On Wednesday, Bybit announced the debut of its new platform Bybit.eu, designed for users across the European Economic Area (EEA). The exchange now operates with […]