Cryptocurrency News

U.S. spot ether ETFs attracted $9.23 million on Monday, while bitcoin funds recorded a third consecutive day of withdrawals. Solana and XRP products also posted modest gains, but HYPE ETFs continued to lose capital. Ether ETFs Add $9.23 Million as Bitcoin Withdrawals Extend to 3 Days Institutional crypto demand opened the week on an uneven…Read More

Elon Musk’s X Money left its invite-only testing phase on July 27, rolling out nationwide to U.S. Premium and Premium+ subscribers. The expansion pairs a Visa-branded debit card with up to $10 million in Federal Deposit Insurance Corporation (FDIC)-linked coverage. Beta Days Are Over X, the social platform formerly known as Twitter, first opened X…Read More

U.S. Senator Jon Husted (R-OH) publicly backed the Digital Asset Market Clarity Act on July 28, arguing the bill is essential for U.S. leadership in digital assets, even as the legislation’s odds of becoming law in 2026 have slipped to just 30%. Husted Joins the Chorus of Senate Backers Husted, who was appointed to the…Read More

Kenya’s National Treasury reduced the paid-up capital requirement for stablecoin issuers by 40% to approximately $2.32M to encourage entry into its rapidly growing crypto market. Broad Oversight for Central Bank Kenya has reduced the minimum paid-up capital required for stablecoin issuers by 40% to about $2.32 million (300 million Kenyan shillings). The revised threshold, published…Read More

Local reports indicate that while the central bank maintains a ban on banks offering crypto services, two banking holding groups are preparing to offer digital peso stablecoin alternatives for businesses that would take advantage of the perks associated with programmable money. Digital Peso Stablecoins in Development in Argentina While dollar-pegged stablecoins, like USDC and USDT,…Read More

Bitcoin Magazine Coinbase Chief Policy Officer Praises Crypto Clarity Act as “Extraordinarily Bipartisan” Coinbase Chief Policy Officer Faryar Shirzad said it’s time for Democrats and Republicans to vote on the Clarity Act. This post Coinbase Chief Policy Officer Praises Crypto Clarity Act as “Extraordinarily Bipartisan” first appeared on Bitcoin Magazine and is written by Mathew…Read More

Bitcoin Magazine Republicans Hope For Democratic Support on Crypto Clarity Act  Lawmakers are hoping to push through the crypto market structure bill this week but the Democrats are holding things back, according to Senator Dave McCormick. Speaking to Fox Business on Friday, the Republican senator said that a vote needs to happen now.  “The Democrats…Read More

Bitcoin Magazine Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment Investors cashed out of American Bitcoin exchange-traded funds at the end of last week, ending a seven days winning streak.  Data from Farside Investors shows that over $475 million was redeemed from the investment products during trading hours on…Read More

Bitcoin Magazine Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report Russia’s largest bank, Sberbank, will build crypto infrastructure by December, according to a report by Russian news agency Interfax.  A key piece will be a digital depository that tracks clients’ crypto rights and records off-blockchain transactions, while also handling wallet transfers to execute client…Read More

Bitcoin Magazine Strategy Skips Bitcoin Again, Buys Back $25M of STRC Stock The company has not bought Bitcoin now for five weeks. This post Strategy Skips Bitcoin Again, Buys Back $25M of STRC Stock first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More