Minnesota has become the latest state to grant banks and credit unions the legal authority to offer cryptocurrency custody services, a move that proponents say ends years of regulatory ambiguity that kept institutions on the sidelines of a market now worth trillions. Governor Tim Walz signed HF 3709 into law. The legislation takes effect August … Read more
President Donald Trump signed an executive order Tuesday directing the Federal Reserve and other financial regulators to tear down barriers that have long kept crypto and fintech firms on the outside of the U.S. payment system — a move that puts the central bank at the center of a fight that has been building for … Read more
The Human Rights Foundation’s Freedom Tech program released a new playbook for movements that are learning to rely on Bitcoin when hostile governments weaponize banks and payment networks against them. Titled “Bitcoin for Nonprofits: A Guide To Help Your Movement Achieve Financial Freedom,” the publication targets civil society organizations, grassroots groups, and activist networks that … Read more
Strive, Inc. (Nasdaq: ASST) has acquired an additional 382 bitcoin for approximately $30.3 million, paying an average cost of roughly $79,348 per coin, according to an 8-K filing with the U.S. Securities and Exchange Commission. The purchase, executed between May 13 and May 18, lifts the Dallas-based Bitcoin treasury and asset management firm’s total holdings … Read more
Canaan Inc. (NASDAQ: CAN), the Bitcoin mining equipment manufacturer, has secured a contract to provide heat-recovery computing infrastructure to a district heating network in the Nordic region, the company announced today. The deal centers on Canaan’s Avalon A1566HA hydro-cooled mining units, which capture thermal output from Bitcoin mining operations and redirect it as hot water … Read more
TD Cowen has raised its price target on Strategy (MSTR) to $400, pointing to strong bitcoin accumulation and a shift in financing strategy as key drivers of potential upside. With shares trading near $166, the new target implies a gain of more than 140%. The brokerage maintained its buy rating, citing faster-than-expected bitcoin purchases and … Read more
Btrust, the non-profit organization dedicated to decentralizing Bitcoin open-source development, has announced the appointment of a new Board of Directors, marking the completion of a landmark governance transition and the launch of the organization’s next strategic chapter. Following a global, open call and a rigorous, multi-stage selection process, Janet Maingi, Bruno Garcia, and Laurence Aderemi … Read more
Bitcoin price’s recovery narrative is under pressure. The world’s largest cryptocurrency has shed nearly $5,000 from its recent high of $82,000, dropping to around $76,900 as of this morning — a four-day losing streak driven by a powerful convergence of macro headwinds, accelerating institutional outflows, and on-chain metrics that reveal a recovery without the capital … Read more
A new report from Bitcoin lending platform Ledn is putting a big number on a market that barely exists yet: $1 trillion. The company released research showing that the consumer Bitcoin-backed loan market — currently worth around $3 billion — could grow 300 times larger within the next decade. To put that in context, Galaxy … Read more
The U.S. Securities and Exchange Commission is putting the finishing touches on a framework that would allow digital, blockchain-based versions of publicly traded stocks to trade on crypto platforms — a move that signals how far Washington has traveled in its relationship with an industry it once treated with suspicion. According to a Bloomberg report … Read more