Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed tokens.
Bitcoin ETFs rebound with $119M inflow as Ether extends losses
Bitcoin ETFs returned to net inflows with $119 million on Tuesday despite falling prices, while Ether funds reached a six-session outflow streak totaling $408 million.US spot Bitcoin exchange-traded funds (ETFs) returned to net inflows on Tuesday as Ether ETFs extended their outflow streak to six trading sessions.Bitcoin ETFs recorded $119 million in net inflows on…
Robinhood adds bitcoin worth $25 million to its balance sheet
Robinhood has added bitcoin worth $25 million to its balance sheet, senior vice president and general manager of crypto and international, told the Starting Block Wednesday.
BitMine sets 5% Ether supply ‘hard cap’ as accumulation target nears
Tom Lee said BitMine will not accumulate Ether past 5% of the supply, turning the company’s target into a ceiling.BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency’s supply, according to Chairman Tom Lee.Speaking during a keynote at Token2049 in Singapore on Wednesday, Lee said BitMine is nearing the threshold after…
Russia clears first crypto exchanges, custodians under new law
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.Russia has registered its first cryptocurrency exchange operators and digital custodians under new crypto regulations that took effect on Sept. 1.The Bank of Russia on Tuesday published its first registers of authorized crypto operators,…
Down but not out. Bitcoin's stair-step bullish trajectory is still intact
Bitcoin dipped to around $84,200 on Wednesday but stayed inside its recent range, keeping the broader bullish stair-step trajectory intact.
DOJ invokes Bitcoin Fog ruling in potential blow to Roman Storm acquittal bid
Prosecutors say a recent Bitcoin Fog appeals court ruling supports their argument that Tornado Cash activity in Manhattan was enough to establish venue for parts of Roman Storm’s case in New York.Federal prosecutors cited a recent appeals court ruling involving cryptocurrency mixer Bitcoin Fog as supplemental authority for their opposition to Tornado Cash developer Roman…
U.S. government moves over $100 million in BTC and BNB. A sale hasn't been confirmed
Wallets linked to the U.S. government moved millions in crypto on Tuesday, according to data tracked by Arkham.
Kalshi’s 15-min gold markets overtake Ether just weeks after launch
Gold recorded 542 million contracts and an estimated $5 million in fees in September, surpassing Ether’s 318 million contracts and $2.6 million, though Bitcoin remained far ahead. Kalshi’s 15-minute gold markets generated nearly twice the estimated trading fees of equivalent Ether markets in September, just weeks after their August launch. The gold contracts, which let traders…
Pudgy Penguins’ Abstract becomes second Ethereum layer 2 to shut in a week
The consumer-focused blockchain will close Dec. 15 after Igloo spent tens of millions supporting it, days after Blast said its own network was no longer worth operating.
