SpaceX shares rebounded ahead of the company’s first quarterly report since its June IPO, as investors looked beyond an expected $1.9 billion loss toward its AI infrastructure plans and Starlink growth. SpaceX earnings put AI strategy in focus SpaceX is…
SpaceX earnings test AI ambitions after 50% stock drop
Bitcoin posted a 0.8% gain, trading between $63,300 and a session high of $64,360, while holding support above $63,500 and keeping market cap at $1.29 trillion. A sudden rally triggered a heavy short squeeze, wiping out $35 million in short positions. Bitcoin Defends $63,500 Support Bitcoin oscillated between $63,300 and $64,300 on Tuesday amid reports […]
BTC Hits $64,360, but Bitfinex Warns of Downside Risks
In a July 8 meeting, US and UK regulators highlighted the implementation of the GENIUS Act, payment modernization and cross-border cooperation, reinforcing a shared framework for digital asset oversight.
US, UK reaffirm support for stablecoins, tokenization in joint financial regulation talks
Wells Fargo plans to launch tokenized deposits this fall, allowing corporate and commercial clients to move and settle funds outside traditional banking hours. Wells Fargo tokenized deposits will support 24/7 settlement Per an Aug. 4 WSJ report, Wells Fargo said…
Wells Fargo to launch tokenized deposits this fall
Austria’s Financial Market Authority (FMA) has granted Bybit a license enabling it to build future payment features, including peer-to-peer transfers and card initiatives. Regulatory Dual Framework Cryptocurrency platform Bybit announced Aug. 4 that its local subsidiary, Bybit Payments GmbH, has been granted an electronic money institution (EMI) license by Austria’s Financial Marke
Bybit Expands European Footprint With Austrian EMI License
Ethereum researchers have proposed a new issuance model that would gradually burn validator rewards and reduce them to zero once about half of ETH’s supply is staked. EIP-8361 would taper Ethereum staking rewards Ethereum researchers Jérôme de Tychey, Justin Drake,…
Ethereum proposal could end staking rewards at 50%
Bybit has secured an Electronic Money Institution license in Austria, allowing its local payments subsidiary to offer regulated electronic money and payment services across the European Union. Bybit gains approval for regulated EU payments Austria’s Financial Market Authority granted the…
Bybit secures Austria EMI license for EU payments
Crypto infrastructure firm Bitgo is replacing Layerzero with Chainlink as the exclusive cross-chain infrastructure provider for wrapped bitcoin (WBTC), marking a major change in how the $7.7 billion token will move across blockchain networks. The crypto company said on Tuesday all future Bitgo-issued digital assets will also use Chainlink’s Cross-Chain Interoperability Protocol, or
Bitgo Shifts WBTC Infrastructure to Chainlink in Security Push
The recovery has now reached a crowded area containing the upper boundary of the descending channel, the 0.236 Fibonacci retracement near $63,500 and horizontal resistance around $64,300. That leaves BTC above short-term support but without a confirmed break from the decline that began in late July. Key Takeaways Bitcoin is pressing into resistance created by a descending channel
Bitcoin Faces Breakout Test as Old Coins Reawaken
Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel. Bitcoin price rebounds above $64,000 According to data from crypto.news, Bitcoin (BTC) price…
Bitcoin price eyes $66.5K as Qatar pushes US-Iran talks
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct replacement for USDC.
Open USD rattled Circle's stock, but its key backers still support USDC
Bitdeer has signed a 16-year agreement to provide 121 megawatts of AI computing capacity at its Tydal campus in Norway. The contract could generate as much as $8 billion if an eight-year extension is exercised. Bitdeer Secures 121 MW AI Contract at Norway Campus Bitdeer Technologies shares surged 12% on Tuesday, Aug. 4, after the […]
Bitdeer Lands $4.7 Billion AI Deal as Shares Surge 12%
Kalshi has partnered with compliance technology provider Comply to help financial firms monitor employee activity on prediction markets as the platform expands its institutional business while fighting a multibillion-dollar lawsuit in New York. Kalshi adds employee trade surveillance The partnership…
Kalshi adds trade surveillance amid $36B lawsuit
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.