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Senate Likely To Pass Stablecoin Legislation Next Week – Bloomberg

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Senate has moved forward with bipartisan legislation aimed at regulating stablecoins, a measure supported by both the crypto sector and President Donald Trump. Following a 68-30 procedural vote on Wednesday, the bill is set to face final approval as early […]

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Bank of America to Consider Stablecoins After Crucial Crypto Laws Pass, CEO Announces

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Brian Moynihan, CEO of Bank of America (BAC), announced on Wednesday that the bank is poised to explore stablecoins once significant crypto legislation is enacted. Future Of Stablecoins In Focus Speaking at a Morgan Stanley conference in New York, Moynihan emphasized the

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Bitcoin’s High Euphoria Spurs UK Company’s .7 Million Buy

Bitcoin’s High Euphoria Spurs UK Company’s $4.7 Million Buy

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A handful of UK-listed companies have taken fresh steps to tie their balance sheets more closely to Bitcoin. Moves range from making new purchases to routing gold revenues and even opening retail crypto trading on the London Stock Exchange. The developments show

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Bitcoin Traders Stay Defensive Near Highs as Ethereum Leverage Climbs

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has regained ground following last week’s decline triggered by a brief political controversy, recovering to around $110,000. Despite the rebound, many traders remain hesitant, showing caution even as the asset trades within 2% of its all-time high. Analysts point to a

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Bitcoin Nears All-Time High as Whale Behavior Suggests Further Upside

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Bitcoin continues to show signs of recovery as its price rebounds from a brief correction last week. At the time of writing, the crypto is trading at $109,693, reflecting a 0.4% increase over the past 24 hours. Despite this upward movement, the current price remains roughly 2% below its all-time high of over $111,000, recorded

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Bitcoin Taps 0,000 Following Cooler-Than-Expected US Inflation Data – New High Coming?

Bitcoin Taps $110,000 Following Cooler-Than-Expected US Inflation Data – New High Coming?

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Earlier today, Bitcoin (BTC) briefly climbed above the $110,000 mark after the release of cooler-than-expected US Consumer Price Index (CPI) data. The softer inflation reading strengthens the case for the US Federal Reserve (Fed) to begin cutting interest rates – a development

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World Chain Adds Native Support for Circle’s USDC and Cross-Chain Transfer Protocol

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle has expanded the reach of its US dollar-pegged stablecoin by launching native USDC on World Chain, the blockchain project backed by OpenAI CEO Sam Altman. The development replaces previously bridged USDC tokens with native assets directly issued by Circle, improving security,

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Fortune 500 Executives Are Eyeing Stablecoins Like Never Before—Study

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US firms are warming up to stablecoins at a pace we haven’t seen before. Interest jumped from 8% in 2024 to 29% this year among 100 executives at Fortune 500 companies. That’s more than three times the level of a year ago.

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Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys

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Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of

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GameStop’s plan to raise another .75B fuels speculation of further Bitcoin acquisitions

GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions

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GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the

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