Previously a niche tool for crypto, stablecoins are progressively becoming a fixture of mainstream finance. Circle and Tether now have larger US debt portfolios than several sovereign nations. The recent passage of the GENIUS Act legitimized stablecoin use, supercharging interest from banks, payment processors, and Fortune 500 companies. Circle and Tether Quietly Amass More US…
BlackRock has ruled out launching spot exchange-traded funds (ETFs) for XRP or Solana (SOL) soon. The stance comes despite growing industry chatter and the recent conclusion of Ripple’s long-running legal battle with the US SEC (Securities and Exchange Commission). Why BlackRock Is Staying Away From XRP BlackRock reportedly has “no plans” to offer XRP spot…
Jack Dorsey’s Block saw its XYZ stock surge on Friday in pre-market trading following reports that the firm added more Bitcoin (BTC) to its stockpile in the second quarter (Q2). Block is one of the firms accelerating the Saylorization flywheel as corporate Bitcoin adoption grows. Block Increased Its Holdings By 108 Bitcoins In Q2 Filings…
The New York Department of Financial Services (NYDFS) has reached a $48.5 million settlement with stablecoin issuer Paxos Trust Company, marking a major enforcement milestone. The fine addresses significant failures in anti-money laundering (AML) and due diligence linked to Paxos’s partnership with Binance. Paxos Pays $48.5 Million to Settle AML Failures Linked to Binance Operations…
Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because while crypto headlines chase the usual chaos, something quieter and more calculated is happening. It’s the kind of move that doesn’t scream for attention, but sends a signal to those…
Several companies have continued building altcoin treasuries this week, particularly focusing on Solana and Ethereum. Both these tokens are seeing intensified corporate interest as the market diversifies. GameSquare spent $10 million on ETH today after revealing $200 million in holdings over the weekend, while Bitmine stockpiled over $2.9 billion worth. Meanwhile, SOL is also becoming…
The institutional shift from Bitcoin (BTC) to Ethereum (ETH) has been notable to watch. But what’s driving companies to favor the latter over the former? Well, according to Justin Kenna, CEO of GameSquare Holdings (GAME), the 6th largest publicly listed holder of ETH, it’s because Ethereum is dynamic, while Bitcoin is static. In an exclusive…