$800 Billion JPMorgan To Rival Tether, Circle, and Ripple In Stablecoin Race
JPMorgan CEO Jamie Dimon confirms the bank’s entry into stablecoins, competing with Tether, Circle, and Ripple. Other major banks like Bank of America and Citigroup may follow, amid pending U.S. stablecoin regulation.
Stablecoins May Reshape U.S. Treasury Market at $750B Threshold, Standard Chartered Says
Standard Chartered predicts stablecoins could reshape U.S. Treasury markets if they reach $750B, influencing debt issuance and monetary policy through increased demand for T-bills.
MultiBank Group Announces 7 Million $MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale
MultiBank Group sold 7 million $MBG tokens in under one hour during its initial pre-sale. Priced at $0.35, the rapid sell-out reflects strong investor interest. A second pre-sale of 3 million tokens is scheduled for July 18.
Bitcoin Treasury Model Faces Collapse — Strategy Stands Strong
The article discusses the challenges facing Bitcoin treasuries by 2025, highlighting risks like the mNAV death spiral and forced liquidations, while noting Strategy’s resilient approach.
MultiBank Group Announces 7 Million $MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale ETHNews
MultiBank Group sold 7 million $MBG tokens in under one hour during its initial pre-sale. A second pre-sale is scheduled for July 18, offering 3 million tokens at $0.35 each. The token is backed by $29 billion in assets.
MultiBank Group Announces 7 Million MBG Tokens Sold Out in Under One Hour During Initial Pre-Sale – The Daily Hodl
MultiBank Group sold 7 million MBG tokens in under one hour during its initial pre-sale. Priced at $0.35, the rapid sell-out reflects strong demand for asset-backed tokens. A second pre-sale of 3 million tokens is scheduled for July 18.
Ethereum Treasury News: Sharplink Gaming (SBET) Holds $840M in ETH
SharpLink Gaming (SBET) now holds $840M in ETH, becoming the largest corporate holder. The Nasdaq-listed firm raised $413M to acquire 74,656 ETH and plans further purchases. Shares rose 5% amid ETH’s modest decline.
Fidelity Now Metaplanet’s Top Shareholder With 12.9% Stake
Fidelity’s National Financial Services acquired a 12.9% stake in Metaplanet, becoming its largest shareholder. Metaplanet continues expanding its Bitcoin treasury, aiming for 30,000 BTC by 2025.
Fidelity subsidiary becomes largest Metaplanet shareholder with $816M stake
Fidelity’s subsidiary NFS becomes Metaplanet’s largest shareholder with an $816M stake, reflecting growing institutional interest in the Japan-based firm known for its Bitcoin strategy.
The Blockchain Group Raises €6 Million For Bitcoin Strategy, Purchases More Bitcoin
The Blockchain Group raised €6 million to boost its Bitcoin strategy, purchasing 29 BTC. The company now holds 1,933 BTC worth €174.8 million, achieving significant year-to-date gains.
