BitMine Stakes $1B Ether, Corporations Seek Crypto Yield

Corporations are increasingly turning to Ethereum staking to earn passive yield, a shift that is tightening the amount of Ether available for sale on the open market. BitMine Immersion Technologies, the largest corporate Ether (ETH) holder, has staked 342,560 ETH worth over $1 billion in the two days leading up to Sunday, according to blockchain … Read more

Ripple-linked XRP and Cardano need to prove they’re useful beyond just fans, Mike Novogratz says

Ripple-linked payments token XRP and smart-contract platform ADA$0.3749 must demonstrate genuine utility beyond loyal communities as the cryptocurrency market matures from hype-driven narratives to fundamentals-focused assets, Galaxy Digital Founder and CEO Mike Novogratz said in a recent interview. “Can Ripple hold it together? Can Cardano hold it together?” Novogratz said during a conversation with Galaxy’s … Read more

Tokenized silver volumes explode as metal’s price rises to record

Interest in silver is spilling into tokenized markets, with onchain trading volumes rising in parallel with activity in futures and exchange-traded funds (ETFs) as the metal experiences volatility after hitting successive record highs all month. Data from RWA.xyz shows the monthly transfer volume for its tokenized version of the iShares Silver Trust (SLV) has jumped … Read more

Bitcoin (BTC) tops $90,000, Oil rises as Russia-Ukraine peace hopes falter

Bitcoin BTC$90,074.44 rose on Monday as dampened hopes of a Russia-Ukraine peace deal pushed oil prices higher. BTC, the leading cryptocurrency by market value, jumped over 2% to trade above $90,000, bringing cheer to the broader market. Major alternative cryptocurrencies such as ether ETH$3,038.59, XRP$1.9148 and solana SOL$128.43 gained 3% or more, according to data … Read more

Bitcoin Helps USD’s Reserve Status: Coinbase CEO

Coinbase CEO Brian Armstrong has claimed Bitcoin provides healthy competition for the US dollar, which in turn pressures policymakers to maintain fiscal discipline and helps preserve the US dollar’s dominance. “[Bitcoin] provides a check and balance on the dollar in the sense of if there’s too much deficit spending or inflation in the US, people … Read more

Crypto Industry Backlash to California Billionaire Tax

A proposed 5% tax on billionaires’ wealth in California has drawn a strong response from crypto executives, who argue it would trigger an exodus of entrepreneurs and capital flight, and would be wasted anyway. The ballot initiative, known as the 2026 Billionaire Tax Act, proposes a 5% tax on net wealth above $1 billion to … Read more