Cryptocurrency News

Strategy Inc. (Nasdaq: MSTR) Chairman Michael Saylor argued that shutting bitcoin out of banks, custodians and capital markets denies its benefits to 99% of the world, as his own company’s 843,775 BTC treasury currently sits underwater against its purchase price. Saylor Makes the Case for Bitcoin in the Banking System Saylor, the chairman of the…Read More

KB Kookmin Bank, South Korea’s largest lender by assets, will launch a corporate cross-border payment service in August built on Kinexys, JPMorgan’s permissioned blockchain platform. The move makes KB Kookmin the first South Korean financial institution to settle commercial dollar payments on the network. What Was Announced Exactly KB Kookmin Bank, a unit of KB…Read More

SUI dropped back to the lower band of its Gaussian Channel indicator this week, trading near $0.72 as chart watchers debate whether the token can climb back toward the midpoint. The pullback landed as Abu Dhabi’s Mubadala Capital tokenized a $75 million private markets fund partly on the blockchain. A Familiar Support Zone Crypto trader…Read More

Senator Cynthia Lummis (R-WY) said the CLARITY Act closes illicit-finance gaps that groups like North Korea’s Lazarus Group have exploited, arguing the bill hands the U.S. Treasury Department and crypto exchanges new authority to freeze suspicious transactions before funds move overseas. Section 303 and 305 Target Illicit Funds Cynthia Lummis, one of the CLARITY Act’s…Read More

Bitcoin funds shed $465 million over two sessions last week even as broader U.S. liquidity kept expanding to $5.92 trillion, leaving the asset locked in a tight $63,700-to-$65,500 range. The mismatch points to a leverage flush rather than a change in investor conviction. A Winning Streak Snaps Bitcoin is trading near $65,300 as U.S. spot…Read More

Bitcoin Magazine Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets Investors were cashing out of Bitcoin ETFs this week — but Morgan Stanley’s product received fresh cash. This post Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine $7 Trillion Investment Giant Fidelity Backs New Crypto Clarity Act The investment giant is the latest big player to back the bill. This post $7 Trillion Investment Giant Fidelity Backs New Crypto Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners The initiative wants to protect free expression online. This post State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.Read More

Bitcoin Magazine National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill A number of organizations have thrown support behind the bill this week. This post National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill first appeared on Bitcoin Magazine…Read More

Bitcoin Magazine Sealed in Foil: BMAG’s New Focus on Trading Cards From rare pulls to provable ownership, BMAG explores why trading cards and Bitcoin share the same foundations of authenticity, scarcity, and value. This post Sealed in Foil: BMAG’s New Focus on Trading Cards first appeared on Bitcoin Magazine and is written by Dennis Koch.Read More