VanEck warns: Why Bitcoin treasury companies could face capital erosion
More than 220 companies now hold Bitcoin on their balance sheets. But as VanEck warns of capital erosion and GBTC’s crash proves, not all bets pay off.
Nano Labs to issue $500M of convertible notes to fund BNB treasury
Chinese blockchain company Nano Labs announced a $500 million convertible notes deal to fund a major BNB acquisition, aiming to hold up to 10% of its circulating supply.
June remains Bitcoin’s danger zone, while S&P 500 eyes summer rally
If Bitcoin continues to tumble this season, it will mark its fourth consecutive summer in the red, while TradFi aims to extend its winning streak to three.
Trump administration mulls executive order on ‘debanking’ — WSJ
Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal.
Digital Asset raises $135M to scale Canton blockchain network
Digital Asset raised $135 million from Goldman Sachs, Citadel and others to scale its Canton Network and drive tokenization of real-world assets in finance.
US housing agency may allow crypto assets in mortgage qualification
The US Federal Housing Finance Agency is reviewing whether crypto holdings like Bitcoin could be used to qualify for mortgages.
Cathie Wood’s ARK starts week with fresh $110M Circle stock dump
Circle’s eighth-largest holder, ARK Invest, continued offloading CRCL shares on Monday amid the stock briefly topping at $299.
Japan proposes reclassifying crypto, paving way for ETFs and lower taxes
Japan’s FSA proposes classifying crypto as financial products, paving the way for ETFs and a flat 20% capital gains tax.
Turkey tightens crypto rules with source, purpose checks on transfers
Turkey’s Finance Ministry plans new rules requiring crypto platforms to collect source and purpose data, with limits on stablecoin transfers.
Hardware wallet Ledger launches offline recovery key for new wallets
Unlike Ledger’s previously released key recovery product, Ledger Recover, the new Ledger Recovery Key is always offline and doesn’t require identification.