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597 stories
Tether Expands $23 Billion Gold Reserve with Bullion-Backed Loans
Tether plans to enhance the utility of its $23 billion gold reserve by offering bullion-backed loans to holders of Tether Gold (XAUT), as reported by CoinDesk. This initiative allows users to borrow against their gold holdings, similar to existing bitcoin-backed lending services.
2 days ago·CoinDesk·Reported by Jamie Crawley
Strategy's Valuation Drops Below Bitcoin Holdings
Strategy's enterprise value has fallen below the worth of its Bitcoin assets, indicating a significant shift in market perception. The company's valuation now stands at around $50.4 billion, despite Bitcoin holdings valued at approximately $51.1 billion, according to CoinDesk.
2 days ago·CoinDesk·Reported by James Van Straten
Kalshi Expands Reach with FIFA World Cup Partnership Amid Record Prediction Market Trading
Kalshi has announced a partnership with ADI Predictstreet, enhancing its visibility during the FIFA World Cup as trading volumes across prediction markets surge. Last week, weekly trading volumes reached $14.5 billion, with Kalshi capturing a significant share of sports wagers, according to Decrypt.
2 days ago·Decrypt·Reported by André Beganski
Trump Administration Requests OpenAI Limit GPT-5.6 Release
The Trump administration has reportedly asked OpenAI to restrict the rollout of GPT-5.6 to select government-approved partners as officials assess the model under a new evaluation framework for AI. This request follows similar actions against Anthropic's AI models over national security concerns, as reported by Decrypt.
2 days ago·Decrypt·Reported by Jason Nelson
Securitize Plans to Raise $400 Million Ahead of NYSE Listing
Securitize aims to raise approximately $400 million through a merger with Cantor Fitzgerald-backed SPAC, set to close on July 1, pending shareholder approval. The tokenization firm is poised to list on the New York Stock Exchange under the ticker SECZ, as the market for tokenized real-world assets expands significantly, according to CoinDesk.
3 days ago·CoinDesk·Reported by Krisztian Sandor
Bitcoin Dips Below $59K as ETFs See $692M Outflow Ahead of Options Expiry
Bitcoin fell below $59,000 following a substantial outflow of $691 million from spot ETFs, marking the largest single-day decline since May. With a $10.6 billion options expiry approaching, market analysts are closely watching price movements, as noted by Decrypt.
3 days ago·Decrypt·Reported by Decrypt Agent
Grant Cardone Promotes Real Estate-Backed Bitcoin Accumulation Strategy
Grant Cardone, CEO of Cardone Capital, states he will continue purchasing Bitcoin using cash flows from real estate, as reported by CoinDesk. He emphasizes that this model allows for regular Bitcoin acquisitions regardless of market fluctuations, contrasting it with traditional corporate treasury approaches that rely on stock or debt issuance.
3 days ago·CoinDesk·Reported by Shaurya Malwa
SBI Holdings Plans to Acquire Bitbank for $289 Million
SBI Holdings has announced its intention to buy cryptocurrency exchange Bitbank for approximately $289 million, as reported by CoinDesk. The acquisition is part of SBI's strategy to expand its crypto operations amid anticipated regulatory changes in Japan.
3 days ago·CoinDesk·Reported by Jamie Crawley
Invesco Files for Tokenized Fund to Tap Stablecoin Reserve Market
Invesco has submitted a filing with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, aimed at the reserve market for stablecoins. The fund will primarily invest in cash and short-term U.S. Treasuries, as reported by CoinDesk.
3 days ago·CoinDesk·Reported by Krisztian Sandor
Base Blockchain Recovery After Two-Hour Outage
Coinbase's Base blockchain has resumed operations following a two-hour outage that paused block production and transaction processing, according to CoinDesk. An invalid block was identified as the trigger, and the team continues to investigate the root cause while advising node operators to restart their systems.
3 days ago·CoinDesk·Reported by Margaux Nijkerk
Retail Investors Lose Trust in Strategy Amid Stock Declines and Uncertain Future
Strategy has approximately 10 months of cash reserves to meet its dividend obligations, despite a sharp decline in its stock price. CEO Alexander Blume highlights that ongoing changes in plans by Michael Saylor have eroded confidence among retail investors, as reported by CoinDesk.
3 days ago·CoinDesk·Reported by James Van Straten
Bitcoin May Drop to $44,000 by Year-End, Says Miner Jiang Zhuoer
Prominent Chinese bitcoin miner Jiang Zhuoer predicts that bitcoin could decline further, reaching between $42,000 and $44,000 by the end of 2026. His analysis is based on market net asset value metrics, as reported by CoinDesk.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Europol Freezes $47M in Crypto During Global Infostealer Operation
Europol has announced that its Operation Endgame has resulted in the freezing of over €41 million ($47 million) in criminal cryptocurrency tied to three malware families. The initiative dismantled the infrastructure behind malware that targeted crypto wallets and passwords, affecting more than 385,000 systems, according to Decrypt.
4 days ago·Decrypt·Reported by Decrypt Agent
Circle and Nomura Team Up for Digital FX Settlements in Japan
Circle and Nomura Holdings announce a partnership to launch a USD Coin-based settlement service for cross-border transactions in Japan, potentially rolling out in 2027. This initiative aims to improve efficiency in Japan's foreign exchange market, which currently handles approximately $440 billion in daily transactions, according to CoinDesk.
4 days ago·CoinDesk·Reported by Olivier Acuna
Bitcoin Derivatives Indicate Market Panic Ahead of Core PCE Release
Investors in bitcoin derivatives exhibit heightened fear, paying premiums for downside protection as the core Personal Consumption Expenditures (PCE) data approaches, according to CoinDesk. A disappointing inflation reading could prompt a bullish market shift, while higher energy prices contribute to anticipated increases in headline inflation.
4 days ago·CoinDesk·Reported by Omkar Godbole
Crypto Relief Rally Weakens Under Bearish Derivatives Signals
A recent relief rally in the crypto market appears fragile as bearish derivatives indicators persist, according to CoinDesk. Despite Bitcoin and Ether recovering slightly, the market shows signs of continued short positioning and capital inflows favoring bearish trades.
4 days ago·CoinDesk·Reported by Oliver Knight
Ripple's RLUSD Stablecoin Launches in Japan Following Regulatory Approval
Ripple's RLUSD stablecoin receives regulatory approval in Japan, allowing SBI VC Trade to offer it to both institutional and retail customers. This marks a significant step for Ripple in the Japanese market as it seeks to expand its presence despite RLUSD's relatively small market capitalization of $1.7 billion compared to larger competitors.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Standard Chartered Projects Aave Token to Reach $3,500 by 2030
Standard Chartered forecasts that Aave's token (AAVE) will rise nearly 50 times to $3,500 by the end of 2030, based on a recent research note. The bank attributes this potential growth to a recovery in liquidity levels and an estimated expansion in decentralized finance (DeFi) assets, as reported by Decrypt.
4 days ago·Decrypt·Reported by Decrypt Agent