Bitcoin slides under $82K as hot CPI revives Fed rate hike bets, near $1B in crypto liquidations
A hotter-than-expected inflation print knocked bitcoin and altcoins lower and triggered roughly $1 billion in leveraged liquidations across major tokens.
Yahoo Finance · +5 outlets
Russia's central bank confirms plan to ban peer-to-peer bitcoin trading; Sberbank cleared to trade BTC
Russia is tightening retail crypto access by targeting P2P trading while simultaneously allowing its largest state bank to offer bitcoin trading to clients.
Decrypt · +7 outlets
Ledger pulls devices from resellers in seven Asian markets after suspected $86M drain
Ledger asked partners in seven Asian markets to halt sales following a suspected $86 million fund drain, and separately announced a new touchscreen Android sign
Decrypt · +2 outlets
Strive to raise $500M via SATS preferred stock to fund bitcoin purchases
Strive's preferred offering would fund further bitcoin accumulation, though the structure carries a reported $257 million annual dividend cost and dilutes per-s
Yahoo Finance · +13 outlets
Coinbase, Yahoo Finance: Coinbase presses for bitcoin quantum migration to begin now
Coinbase argues the industry must start planning the migration of vulnerable bitcoin addresses to post-quantum cryptography, a process it says could take years.
Decrypt · +5 outlets
Bitcoin and ethereum ETFs shed $391M in a day as XRP funds take in the only inflows
Spot BTC and ETH ETFs saw outflows while XRP ETFs attracted money, a rotation evident across several sessions of fund flow data.
Yahoo Finance · +3 outlets
Hex and PulseChain founder Richard Heart arrested in Istanbul on Finnish Interpol red notice
Turkish authorities detained Richard Heart, founder of Hex and PulseChain, on an Interpol warrant tied to Finnish charges.
CoinDesk · +14 outlets
BNY, Citadel Securities complete first treasury repo using tokenized assets on major triparty platform
The transaction marks an early use of tokenized assets in a mainstream triparty repo system, a milestone for institutional blockchain settlement.
The Block · +14 outlets
France's 31.4% stablecoin tax proposal risks pushing crypto activity offshore, Chainalysis warns
Chainalysis cautioned that France's proposed levy on stablecoin transactions could drive activity to less regulated jurisdictions.
CoinDesk · +7 outlets
Kraken owner Payward to acquire Lithuania's Saldo Bank in EU expansion
Payward's purchase of a Lithuanian bank is part of a push to secure regulated banking footing inside the European Union.
cointelegraph.com · +12 outlets
Ripple targets securities markets with new US brokerage and South Korean deals; DriveWealth to use RLUSD
Ripple expanded its institutional push with a US brokerage, Korean partnerships, and a deal for DriveWealth to settle payments in its RLUSD stablecoin.
CryptoSlate · +13 outlets
Hot CPI spooks majors; Fed rate hike talk returns as bitcoin tests $81,000
Inflation data reopened the possibility of Fed tightening, pressuring crypto majors and raising the bar for bitcoin to compete with rising Treasury yields.
Decrypt · +2 outlets
Mastercard and BVNK launch 'Global Money Platform' merging fiat and stablecoins
Mastercard's tie-up with BVNK aims to let businesses move between bank money and stablecoins on one platform.
Decrypt · +11 outlets
Corporate bitcoin buying narrows, with Strategy and Strive dominating reported accumulation
Reported corporate bitcoin treasury activity is increasingly concentrated among two firms even as broader business ownership of BTC widens.
Cryptoslate · +6 outlets
Zcash crashes double digits as leverage built up during 'meteoric rise'
ZEC's sharp rally unwound, wiping billions from the privacy coin's market value as leveraged positions were flushed out.
Decrypt · +2 outlets
Standard Chartered opens bitcoin and ethereum trading to wealthy UAE clients
The bank extended crypto trading to affluent clients in the UAE, adding to mainstream institutional access in the region.
Decrypt · +14 outlets
Solana sets date for Alpenglow upgrade, its next major performance push
Solana named a date for Alpenglow, an upgrade intended to make the network faster.
Decrypt
Brooklyn prosecutors seize 112 servers in crypto scam targeting Russian speakers
US authorities dismantled infrastructure behind an alleged crypto fraud operation aimed at Russian-speaking victims.
Decrypt