Jack Dorsey’s Block to join S&P 500, stock surges 9% after-hours
Block’s inclusion in the S&P 500 comes just two months after crypto exchange Coinbase made history as the first cryptocurrency firm to join the index.
Bitcoin ‘pausing here for air’ likely, but another July ATH still possible
Galaxy Digital’s Michael Harvey says the most optimistic scenario for Bitcoin is a “continued slow melt-up” through the end of July.
Bitcoin’s first Batman? Peter McCormack plans to buy his own police force
Bitcoiner Peter McCormack says the police “have failed” the town of Bedford and insists he can do a better job by deploying his own security team.
Hacker reconnaissance work continues on TeleMessage app vulnerability — Report
As of Wednesday, at least eleven IP addresses have actively tried to exploit the vulnerability, with thousands more addresses possibly doing reconnaissance work.
GENIUS’ ban on stablecoin yield will drive demand for Ethereum DeFi — Analysts
The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said.
The rise of ETFs challenges Bitcoin’s self-custody roots
The growing popularity of Bitcoin ETFs and treasury companies is reshaping how investors hold Bitcoin — raising questions about the core principle of “not your keys, not your coins.”
Bitcoin’s lower support retests shift traders’ focus to XLM, LTC, ETC, BNB
Bitcoin testing underlying support, and the potential start of an altcoin season have traders focusing on XLM, LTC, ETC and BNB.
Lawsuits piling up against Strategy could take years, go nowhere, lawyer says
At least seven law firms have filed complaints against Strategy, alleging securities fraud. Two crypto lawyers had different takes on the situation.
Senate to consider Trump’s CFTC pick as crypto oversight hangs in the balance
The Senate Agriculture Committee will hear from prospective CFTC chair Brian Quintenz, who could be the sole commissioner at the US regulator by the end of 2025.
Crypto execs center stage as Trump signs stablecoin bill into law
Several C-suite executives from cryptocurrency companies attended the Friday event, some of whom directly contributed to Trump’s 2024 campaign.