Business News

Why Is JPMorgan Blocking Crypto Exchange Gemini?

Why Is JPMorgan Blocking Crypto Exchange Gemini?

Key Notes The dispute follows a Bloomberg report revealing JPMorgan’s decision to charge fintech firms for accessing customer banking data. Cameron Winklevoss warned the policy could “bankrupt fintechs” that support crypto transactions. The crypto exchange and the banking giant have had a tense relationship since at least 2023. Tyler Winklevoss, the co-founder of crypto exchange […]

Why Is JPMorgan Blocking Crypto Exchange Gemini? Read More »

Trump Media Stock Sees 8% Bump as Bitcoin Holdings Reach B

Trump Media Stock Sees 8% Bump as Bitcoin Holdings Reach $2B

Key Notes Trump Media holds $2B in Bitcoin, ~66% of its $3B liquid assets. Its stock up 8.19%, hitting $20.22, a one-month high. The company plans Bitcoin ETF with BTC, ETH, SOL, CRO, and XRP. Trump Media and Technology Group announced on July 21 that its Bitcoin and Bitcoin-related assets accumulation now totals $2 billion

Trump Media Stock Sees 8% Bump as Bitcoin Holdings Reach $2B Read More »

Jack Dorsey’s Bitcoin Firm Block Inc Joins S&P 500

Jack Dorsey’s Bitcoin Firm Block Inc Joins S&P 500

Key Notes Fintech giant Block Inc has been added to the S&P 500 effective July 23. Block replaced US energy company Hess Corp on the S&P 500. Strategy may eventually be added to the S&P 500 Index, a move bolstered by epic Bitcoin bets. . Jack Dorsey’s financial services company, Block, Inc., has been added

Jack Dorsey’s Bitcoin Firm Block Inc Joins S&P 500 Read More »

Binance Founder CZ Threatens To Sue Bloomberg For Defamation

Binance Founder CZ Threatens To Sue Bloomberg For Defamation

Key Notes Binance Founder CZ has hinted at the possibility of pursuing legal actions against Bloomberg. The media house allegedly defamed the exchange by publishing a “hit piece.” CZ has been accused of having ties with WLFI amid a broader media debacle. Changpeng Zhao, the founder of leading cryptocurrency exchange Binance, is upset with Bloomberg.

Binance Founder CZ Threatens To Sue Bloomberg For Defamation Read More »

South Korea Dominates Global Markets in H1 With Crypto Push

South Korea Dominates Global Markets in H1 With Crypto Push

Key Notes Fueled by President Lee Jae-myung’s pro-crypto stance, South Korea’s Kospi index surged nearly 30% in H1 2025. With over a quarter of the adult population owning digital assets, crypto adoption is growing. Eight major South Korean banks are collaborating on a won-pegged stablecoin project set to launch by 2026. South Korea has emerged

South Korea Dominates Global Markets in H1 With Crypto Push Read More »

Caution: a16z Quietly Dumping Its COMP Holdings

Caution: a16z Quietly Dumping Its COMP Holdings

Key Notes a16z has deposited 400,000 COMP ($18.33M) into Coinbase in structured 100K batches. On-chain data shows no signs of internal reshuffling or redeployment, suggesting the move is not a hedge or rebalance. Despite sell pressure, COMP hovers near a key breakout level with upside targets up to $81.66 if resistance is breached. . In

Caution: a16z Quietly Dumping Its COMP Holdings Read More »

Bitvavo Expands Footprint In EU With New License In The Netherlands

Bitvavo Expands Footprint In EU With New License In The Netherlands

Key Notes Bitvavo has secured a MiCA license in the Netherlands. Bitvavo CEO Mark Nuvelstijn noted that the license offers the clarity the firm needs to fulfil its ambition. Coinbase also recently received a MiCA license from Luxembourg. . Cryptocurrency exchange Bitvavo has secured a Markets in Crypto Assets (MiCA) licence in the Netherlands. The

Bitvavo Expands Footprint In EU With New License In The Netherlands Read More »

Bybit Launches Byreal DEX – Is This the Start of a DeFi Pivot?

Bybit Launches Byreal DEX – Is This the Start of a DeFi Pivot?

Key Notes Bybit announced its decentralized exchange on the Solana network. The exchange promises to bring CEX liquidity and DeFi transparency. Bybit spot trading volume has been halved in 24 hours. . Bybit, a leading centralized cryptocurrency exchange, has announced its first decentralized exchange, Byreal. Ben Zhou, co-founder and CEO of Bybit, posted on X

Bybit Launches Byreal DEX – Is This the Start of a DeFi Pivot? Read More »

Coinbase and Gemini Eyeing Multiple EU MiCA Licenses: Report

Coinbase and Gemini Eyeing Multiple EU MiCA Licenses: Report

Key Notes The EU’s MiCA framework is becoming more attractive to top crypto exchanges. Coinbase and Gemini are among the firms looking to expand their regional footprint. Despite the growing number of MiCA licenses issued, concerns about fraud are growing. Coinbase and Gemini, two of the world’s largest cryptocurrency firms, are getting set to secure

Coinbase and Gemini Eyeing Multiple EU MiCA Licenses: Report Read More »