BlackRock’s BUIDL Fund to Become Accepted as Collateral on Crypto.com and Deribit
BlackRock’s BUIDL fund, a tokenized money market fund, will be accepted as collateral on Crypto.com and Deribit, offering traders a 4.5% annual yield with reduced volatility.
Ark Invest sells nearly $100M in Circle shares in the last 2 days
Ark Invest sold $100M in Circle shares over two days, reducing exposure as the stablecoin firm’s stock dipped slightly after a strong debut.
The Blockchain Group Buys $20 Million Worth Of Bitcoin
The Blockchain Group purchased 182 Bitcoin for $19.6M, increasing its holdings to 1,653 BTC. The company plans to acquire 70 more BTC, showcasing growing institutional Bitcoin adoption in Europe.
Bitcoin Price Analysis: BTC Consolidation Continues but Bearish Signs Flash
Bitcoin is consolidating below $108K resistance, showing bearish signs as momentum weakens. Key levels to watch are $100K support and $108K resistance, with potential for a deeper correction.
Norwegian crypto firm K33 raising more funds to buy up to 1,000 BTC
Norwegian crypto firm K33 plans to raise $8.9M via a share issue to buy up to 1,000 Bitcoin for its reserves, aiming to strengthen operations and attract institutional clients.
Researchers Forecast Bitcoin At $4.3 Million By 2036, Citing Institutional Demand
Researchers predict Bitcoin could hit $4.3 million by 2036 due to institutional demand, citing supply shock and limited liquid supply. ETFs and treasury companies are already reducing circulation.
As Stablecoin Bill Passes, Trump’s Crypto Promise Takes Shape
The US Senate passed the GENIUS Act, a stablecoin legislation fulfilling Trump’s crypto campaign promise. WisdomTree’s Maredith Hannon believes it will drive innovation in crypto and financial services.
Europe’s Top Bitcoin Treasury Adds $20M to Holdings
The Blockchain Group, a European Bitcoin treasury firm, added $20M worth of Bitcoin to its holdings, bringing its total to 1,653 BTC. The purchase was funded through convertible bonds.
OpenLedger and UC Berkeley Give Students Direct Ownership in Building Decentralized AI
OpenLedger partners with UC Berkeley’s Blockchain at Berkeley to develop decentralized AI models, giving students direct ownership and control over their creations and data.
Russian Authorities Bust Massive $700K-a-Year Illegal Crypto Mining Farm Hidden as Industrial Plant
Russian authorities uncovered an illegal crypto mining farm in Nazarovo, generating $58K monthly. The operation, disguised as an industrial plant, bypassed permits and illegally tapped the local power grid.
