Bitcoin ETFs pull in $532M as BTC reclaims $80K amid ‘post-ceasefire recovery’
Spot Bitcoin ETFs pulled in over $532 million on Monday as BTC surged past $80,000 amid improved risk sentiment following the US-Iran ceasefire.
Stablecoin proposal still ‘falls short’ of protecting bank deposits: US banks
US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage.
Polygon rolls out private stablecoin payments targeting institutions
The new wallet feature hides senders, receivers and amounts onchain while maintaining compliance through know your transaction screening and auditable files.
Haun Ventures raises $1B, adding AI to crypto focus
Haun Ventures founder Katie Haun said AI will “increasingly begin to conduct economic activity on our behalf,” and services will need to adapt for that world.
Aave files emergency motion to lift restraining notice on frozen ETH
Aave argued that a thief doesn’t gain lawful ownership of property by stealing it and that Gerstein Harrow’s legal argument “defies logic, common sense and the law.”
Western Union begins USDPT stablecoin rollout on Solana
Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July.
Bitcoin turns risk on as stocks hit new highs and miner profits rise: Is $85K BTC next?
Bitcoin’s recent rally to $80,000 amid improving BTC miner and options markets metrics could create a clear path to $85,000.
World Liberty sues Justin Sun for defamation in WLFI dispute
World Liberty Financial claimed Sun engaged in defamatory tactics and prohibited token transfers, including shorting the WLFI token and conducting straw sales on behalf of others.
DTCC eyes October tokenized securities launch with 50 DeFi and TradFi giants
With $114 trillion in custodied liquid assets, Depository Trust & Clearing Corporation looks to position tokenization as future of existing financial system.
Bitcoin short-term cost basis approaches profitability, but $80K must flip to support first
Crypto markets turned euphoric as BTC traded above $80,000, but a rally through short-term holders’ cost basis is needed to cement the bull trend.