BlackRock's IBIT slashes in-kind Bitcoin creation minimum from $25M to $1M, processing over $5B
The lower threshold opens the ETF's direct Bitcoin conversion process to a wider range of institutional investors, accelerating Wall Street inflows.
finance.yahoo · +1 outlets
Strategy's $66B Bitcoin treasury returns to profit as BTC surpasses $81,000
Bitcoin's rally above Strategy's $75,385 average cost basis puts its 840,447 BTC position back in the green after a prolonged drawdown.
finance.yahoo · +1 outlets
Strategy cuts net leverage to near zero as cash nearly matches convertible debt
The bitcoin treasury company has built nearly four years of preferred-dividend coverage and continues repurchasing STRC below par.
coindesk · +1 outlets
Galaxy opens retail crypto-backed credit lines on Bitcoin, Ethereum and Solana
GalaxyOne clients can now borrow cash at 8.99% APR against BTC, ETH, and staked SOL without selling their crypto holdings.
decrypt · +2 outlets
Better and Coinbase launch Bitcoin-backed mortgages for US home buyers
Qualified buyers can borrow against Bitcoin holdings to fund a cash down payment, though critics question the risks of using volatile crypto as mortgage collate
finance.yahoo · +1 outlets
ECB says digital euro will offer maximum privacy, pushback against surveillance concerns
Payment details for offline digital euro transactions will remain strictly between payer and payee, as European regulators address privacy fears.
coindesk · +1 outlets
XRP leads crypto pullback as leverage unwind tests rally
XRP posted the largest losses among the top 10 cryptocurrencies as the market digests a deleveraging event.
decrypt · +1 outlets