Crypto World
XRP Price Set for Institutional Boost? Evernorth Files $1B SEC Amendment
XRP price prediction is getting bullish as Ripple backed Evernorth amended its SEC registration statement again. The real question is whether the market has already priced it in.
Evernorth’s latest amended Form S-4 formalizes employment agreements for three senior executives. They include chief legal officer Jessica Jonas, chief business officer Sagar Shah, and chief operating officer Meg Nakamura. Jonas would receive an initial equity award worth about $4.5 million. Shah and Nakamura would each receive roughly $2.8 million, pending shareholder approval.
BREAKING: — Xora Finance (@xora_finance) July 30, 2026
Evernorth updates SEC filing for $1B XRP treasury
Custody move, OTC settlement, or exchange sale? pic.twitter.com/oCFzI6RoBP
The filing also follows previously disclosed compensation for CEO Asheesh Birla and CFO Matt Frymier. Birla’s equity award remains valued at about $44 million. Together, these incentive packages fall under Evernorth’s 2026 Omnibus Incentive Plan. Locking in the executive team with equity suggests the transaction continues moving forward.
At the center of Evernorth’s strategy is its planned Nasdaq listing under the XRPN ticker. The company also aims to build a $1 billion XRP treasury, targeting roughly 473 million XRP, or about 0.8% of the token’s circulating supply. If completed, that allocation would remove a meaningful amount of XRP from the open market, strengthening the long-term supply reduction narrative.
Discover: The Best Token Presales
XRP Price Prediction: Recover Toward $1.65 as Evernorth Filing Advances?
XRP is trading around $1.06, still well below Evernorth’s implied cost basis of about $2.44. That gap cuts both ways. It leaves institutional exposure underwater while supporting the case for continued accumulation. Meanwhile, XRP has traded in a relatively tight range as market sentiment remains cautious.
Technically, the original support levels are no longer relevant after XRP’s recent decline. Immediate support now sits near $1.00, while a break below that could expose the $0.85 to $0.90 area. On the upside, reclaiming $1.10 would improve momentum, with $1.14 to $1.15 acting as the next resistance zone.
The bull case remains unchanged. If XRPN lists on Nasdaq, the SEC clears the S-4 filing, and Evernorth completes its XRP treasury strategy, supply could tighten over time. That would support long term price targets around $2.80, while more aggressive forecasts extend much higher.
The base case assumes filing progress continues but the timeline slips. In that scenario, XRP may consolidate between $1.00 and $1.15 before a stronger catalyst appears. On the bearish side, SEC delays, weaker macro conditions, or a decisive break below $1.00 could open the door to prices under $0.90.
Institutional XRP price targets have been building for months, but the Evernorth catalyst stands apart. It would operate through a regulated U.S. securities vehicle, potentially making it easier for compliant institutional capital to gain exposure if the plan moves ahead.
Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
LiquidChain Targets Early Mover Upside as XRP Tests Key Levels
XRP’s institutional thesis is compelling, but at current prices, the upside to even the conservative $2.80 target requires patience and tolerance for a -$0.98 invalidation sitting only 9% below spot.
For traders already holding XRP, that’s a known risk. For capital looking to size into a higher-beta opportunity with a structurally different value proposition, the early-stage infrastructure layer is where asymmetry tends to live.
Consider this your invitation.
The age of isolated chains is ending.pic.twitter.com/Iaeuk01uPI
— LiquidChain (@getliquidchain) July 29, 2026
LiquidChain ($LIQUID) is a Layer 3 infrastructure project built around a single thesis: Bitcoin, Ethereum, and Solana liquidity should not require bridging, wrapping, or fragmented execution environments. Its Unified Liquidity Layer fuses all three ecosystems into a single execution environment. So developers deploy once and access all.
The presale is currently priced at $0.01485, with $926K raised to date. Core architecture features include Single-Step Execution, Verifiable Settlement, and a Deploy-Once build model that eliminates multi-chain deployment overhead. The cross-chain fragmentation problem it targets is real and structurally persistent.
Discover: The Best Crypto to Diversify Your Portfolio
The post XRP Price Set for Institutional Boost? Evernorth Files $1B SEC Amendment appeared first on Cryptonews.
What is Ceuta?
The city of Ceuta, a peninsular region covering 19.9 sq. km (7.7 sq. mi) on Africa’s northern coast, is one of two Spanish exclaves on the continent, along with Melilla, which is about 220 km (140 mi) southeast. The two Spanish autonomous cities represent the European Union’s only land borders with Africa. Spain has possessed Ceuta, which is separated from mainland Spain by the Strait of Gibraltar, since 1580.
Ceuta has a population of more than 83,000, a mix of Christians and Muslims, including residents and day workers from Morocco and Spain. Ceuta’s population has generally lived harmoniously.
But Morocco, which largely surrounds the two exclaves, still treats them as occupied lands and challenges Spain’s sovereignty, citing history dating back to the Islamic conquests during the 8th century.
Over the years, Rabat, the political seat of the African nation, has triggered diplomatic incidents as part of the dispute. In 2002, Morocco and Spain had a standoff after both sent forces to a small uninhabited island off Ceuta. And in May 2021, amid a deepening diplomatic spat over the disputed Western Sahara region, the Moroccan government loosened its border controls, resulting in nearly 8,000 people from Morocco and sub-Saharan countries pouring into Ceuta in just two days. Some of the migrants eventually returned, but the diplomatic rupture was only repaired when Spain backed Morocco’s autonomy plan for Western Sahara in 2022.
Tether earned roughly $1.5 billion in the second quarter, yet the cushion protecting Tether (USDT) holders shrank by half. Excess reserves closed June at $4.11 billion, down from a record $8.23 billion.
The stablecoin issuer published its Q2 2026 attestation on Friday, prepared by accounting firm BDO. The report confirms USDT stays overcollateralized. It does not explain where more than $5 billion of surplus went.
The Arithmetic the Report Skips
Tether reported total assets of $187.75 billion against liabilities of $183.64 billion on June 30. Three months earlier, assets stood at $191.77 billion.
The asset side therefore fell about $4 billion while token liabilities barely moved. In May, the record Q1 reserve buffer was the company’s headline number.
Add the $1.5 billion earned during the quarter and the gap implies roughly $5.6 billion of unrealized losses or outflows. Tether entered April holding about $20 billion in gold and $7 billion in Bitcoin.
The wording moved as well. The Q1 release reported “net profit.” Friday’s release reports “net operating profit.”
That second measure strips out mark-to-market swings on exactly those assets. Gold and Bitcoin both saw sharp moves during the quarter.
Three Disclosures That Disappeared
Tether’s Q1 report attached a dollar figure to every major asset class. It listed $141 billion in Treasury bills, roughly $20 billion in gold, and about $7 billion in Bitcoin.
Friday’s report attaches none of the three. Gold now appears only as a tonnage count of more than 146 tons.
Meanwhile, Tether’s US Treasury holdings are described as a majority share of reserves. Readers get no figure to compare against the $141 billion disclosed in May.
The company also dropped a boast. In Q1 it noted the buffer alone would rank as the third-largest stablecoin in circulation.
CEO Paolo Ardoino set a different standard in March, when the company hired a Big Four firm.
“Trust is built when institutions are willing to open themselves fully to scrutiny,” the attestation read, citing Paolo Ardoino, CEO of Tether said.
Follow us on X to get the latest news as it happens
The Audit Clock Is Still Running
Tether signed its auditor on March 24. The Financial Times identified KPMG as its auditor three days later. Four months on, Friday’s release says only that the process continued.
That March announcement also stated the group retains earnings instead of paying out profits. If that still holds, distributions cannot explain the decline, which leaves asset values.
Ardoino conceded pressure without sizing it. He said the assets behind part of the reserves came under direct strain during the quarter.
USDT itself never wobbled. The token held its peg near $0.9986 and keeps a third-place market capitalization of $183.5 billion.
Demand held up too, even after Revolut announced a USDT delisting in Europe this month. Tether says it added more than 30 million users during the quarter.
A halved buffer on a $183 billion book is not a solvency event. It is a disclosure question.
At $4.11 billion, the cushion now sits below the $6.3 billion Tether carried at the end of 2025. KPMG will be the first outside party in a position to explain why.
The post Tether Made $1.5 Billion in Q2 and Its Reserve Cushion Still Halved appeared first on BeInCrypto.
“These Senators have just made my job more difficult, but I will get it done, one way or the other, because I always get it done,” he vowed in late June.
Outside of Congress, public sentiment in America is also showing unease over the conflict and its financial ramifications.
A nationwide AP-NORC poll, conducted between July 23 and July 27, found that 64% of Americans believe the war with Iran has not been worth fighting.
In an earlier poll from Reuters/Ipsos, which surveyed 1,262 American adults across the country over June 18 to 22, just 24% of Americans thought that the war with Iran was worth the costs.
On July 21, Defense Secretary Pete Hegseth was grilled by the Senate Appropriations Committee over the $37.5 billion cost of the Iran war.
The death of 18 American service members during the conflict has also prompted strong reactions, with lawmakers demanding an immediate end to the hostilities. These simmering issues pose a threat to the Republicans ahead of the November midterm elections.
New York state sued prediction market platform Kalshi on Friday, alleging that the company is running an “illegal gambling operation.”
In a case filed in a Manhattan state court, the lawsuit claims that Kalshi accepts wagers as a gambling business in disregard for the state’s constitution and laws by not being registered with the New York State Gaming Commission.
“No matter what they call themselves, prediction markets like Kalshi are gambling platforms, plain and simple,” said New York Attorney General Letitia James in a press release announcing the lawsuit. “By ignoring our laws, Kalshi is running an illegal operation and harming New Yorkers in the process.”
New York Governor Kathy Hochul speaks during the grand opening of the Urban League Empowerment Center by the National Urban League in Harlem in New York City, on Nov. 12, 2025.
Charly Triballeau | AFP | Getty Images
Governor Kathy Hochul in the press release said the state is taking the action to stop what it views as illegal behavior and bring the company into compliance with New York law. The lawsuit is seeking a permanent injunction against Kalshi.
Kalshi, which has its headquarters offices in New York City, expressed disappointment with the decision by the state.
“It’s sad to see this type of political theater from the leadership in our own state,” a Kalshi spokesperson said in a statement. “States can’t just shut down a federally licensed exchange… We love New York, we love New Yorkers, and New Yorkers love our product.”
The suit by the state is also seeking a total restitution to users who have placed trades on the platform, a $100,000 penalty for each attempt to offer sports wagering, and another penalty three times the amount the company has gained while allegedly operating in violation of New York law. The state estimates that could total $36 billion.
Kalshi originally sued New York state in October after the state’s Gaming Commission sent a cease and desist letter to the company. Earlier this month, a judge for the Southern District of New York denied the company’s request for a preliminary injunction and temporary restraining order against the commission.
A supporter checks the gambling site ‘Kalshi” just before State Assembly member, Alex Bores (D-NY) gives a speech to supporters at his watch party at The Freehand Hotel after conceding the congressional race to Micah Lasher who will replace Rep Jerry Nadler (D-NY) in NY’s 12th Congressional District on June 23, 2026 in New York City.
Laura Brett | Getty Images
The same judge denied a request by Kalshi earlier this month for an injunction pending an appeal.
The Commodity Futures Trading Commission, which sees itself as the federal regulator for prediction markets, filed for a temporary restraining order against enforcement actions by New York just before the state’s lawsuit was announced. That comes after the CFTC in April sued the state, requesting a permanent injunction from enforcing its state laws on commission-registered platforms.
“Rather than seek reasoned answers from the courts, Letitia James and New York seek to force an unprecedented sudden shutdown of prediction markets nationwide,” CFTC Chairman Michael Selig wrote in a post on X. “The CFTC has already sued to stop this and will continue to defend its jurisdiction.”
States across the country are locked in battles with the federal government and platforms over prediction markets, which have seen their volumes surge as their sports-related event contracts have become popular with retail traders.
Kalshi — along with other prediction market platforms — and the CFTC believe all event contracts are swaps, and thus are exclusively regulated by the commission. However, states across the country believe the sports offerings are equivalent to sports betting, which is regulated by them.
44 state attorneys General on Monday sent a letter to the CFTC, claiming that the commission has no right to regulate sports-related event contracts, as part of a public comment period for the agency’s first draft of regulations on prediction markets.
While New York cited Kalshi’s sports offering as the reason for its lawsuit, the state also went further. It claims in the lawsuit that the company’s elections, culture and some other event contract offerings also put it in contradiction with the state’s laws.
Disclosure: CNBC and Kalshi have a commercial relationship that includes customer acquisition and a minority investment.
Crypto World
Crypto News, July 31: July Round Up, Kospi Coming Back, Bitcoin Price Ignores Political Noise as Market Splits
The Kospi ended July with a powerful rebound, while the Bitcoin price stayed remarkably steady despite several major headlines. We watched the Kospi recover sharply as the Bitcoin hovered near $64,300, showing little interest in politics, stock market swings, or a major crypto security breach.
July closed with markets moving in different directions. South Korean equities staged an impressive comeback, while crypto traders chased memecoins and tokenized assets instead of pushing Bitcoin higher. Even so, Bitcoin continued trading within a familiar range, reflecting patience.
Discover: The Best Token Presales
Bitcoin Price Stays Calm After Hardware Wallet Exploit
A major security incident became one of Friday’s biggest crypto stories. An attacker exploited a flaw affecting older Coldcard Mk3 hardware wallets, draining 594 BTC from around 500 single-signature wallets in less than 30 minutes.
The vulnerability reportedly traced back to firmware version 4.0.1, where a weakness in random number generation made some wallet seeds predictable. Many affected wallets had remained untouched for years before the coordinated theft unfolded across three blockchain blocks.
Wallet maker Coinkite confirmed the issue and said its early investigation indicates newer Mk4, Q, and Mk5 devices are not affected. Users who protected their wallets with a BIP 39 passphrase also appear to face significantly lower risk. Despite the scale of the exploit, the Bitcoin price barely reacted as it remained close to $64,300 after briefly testing $65,300 during Asian trading before retreating.
Meanwhile, Ethereum hovers around $1,900 while BNB is held near $590, outperforming many large-cap cryptocurrencies. Activity remained concentrated in smaller speculative assets instead of flowing into Bitcoin.
Discover: The Best Crypto to Diversify Your Portfolio
Kospi Recovery Highlights Growing Market Divergence
The Kospi delivered one of Asia’s strongest performances after recovering sharply from its recent correction. Samsung Electronics and SK Hynix helped drive the rally as semiconductor stocks attracted renewed buying following weeks of heavy selling pressure.
Taiwan Semiconductor also posted strong gains, reinforcing optimism across regional technology stocks. However, the Bitcoin price has yet to mirror the equity rebound as closely as it had earlier this month, highlighting a growing disconnect between traditional markets and digital assets.
Instead, speculative capital flowed into selected crypto sectors. Uniswap extended its rally after expanding its fee switch across additional blockchain networks, while several low float tokens recorded triple-digit percentage gains following fresh exchange listings.
South Korean regulators also remained active despite legislative delays. Officials continued discussing interim stablecoin regulations, reflecting the country’s ongoing effort to strengthen oversight while digital asset adoption continues expanding.
The contrast between equities and crypto defined the final trading session of July. While the Kospi recovered with remarkable speed, Bitcoin stayed disciplined and largely ignored both political headlines and market excitement.
That resilience may prove more important than short-term volatility. Security breaches, regulatory developments, and speculative rallies continue to dominate daily headlines, yet Bitcoin has repeatedly shown an ability to absorb negative news without breaking below key support levels.
As August begins, investors will watch whether the Kospi can sustain its recovery and whether the Bitcoin Price finally breaks out of its prolonged trading range. For now, patience remains the dominant theme across both markets.
Trade Crypto on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop
The post Crypto News, July 31: July Round Up, Kospi Coming Back, Bitcoin Price Ignores Political Noise as Market Splits appeared first on Cryptonews.
Crypto forensics and compliance company AMLBot has launched its AI Tracer, described as a self-service blockchain analysis tool that maps visible fund movements from a transaction hash across blockchain networks.
AMLBot said the tool aims to address the current need for specialist software and knowledge to trace transactions. The company said the tool also traces through bridges that move assets cross-chain or when the assets are split among multiple wallets.
“The process is automatic: the AI traverses the transaction graph, follows the movement of funds from the starting address through intermediate wallets toward whatever endpoint the money reached, and matches known entity labels — exchanges, services, flagged addresses — against every wallet it encounters,” the company said in a press release shared with Cointelegraph.
According to the announcement, AI Tracer cannot see transfers between internal exchange accounts, determine why a payment was made, freeze assets or guarantee recovery. Its reports are intended as a starting point for investigations and do not replace an audit or legal process.
The tool offers a free check and offers paid plans with higher limits on the number of automated checks. Currently supported networks include Bitcoin, Bitcoin Cash, Litecoin, TRON, Ethereum, BNB Chain, Ethereum Classic, Polygon, Arbitrum, Base, Optimism, Solana, Cardano and Ripple.
AMLBot said the tool is suitable for journalists, researchers, traders, and crypto user who want to read transaction paths, as well as law enforcement agents investigating crypto crime and independent investigators or compliance teams.
Related: AMLBot says social engineering drove 65% of crypto cases it probed in 2025
At the time the platform’s website showed only a landing page, and CoinDesk could not verify whether it was operational or whether any cargo owners had used it. Fars claimed at the time the model could generate more than $10 billion without explaining how it arrived at that figure.
The policies were approved by the Persian Gulf Strait Authority, an IRGC-backed body Treasury designated in May. Both firms were sanctioned under an executive order covering Iran’s petroleum and petrochemical sectors.
Designation means U.S. persons are barred from dealing with the two companies, and foreign firms that transact with them risk sanctions themselves. Payments in bitcoin carry the same exposure as payments through banks.
“With its economy in freefall and inflation in the triple digits, the regime is desperate for cash,” Treasury Secretary Scott Bessent said in the statement.
The Strait of Hormuz is one of the world’s most important energy chokepoints, and traffic through it has thinned during weeks of U.S. strikes on Iran that have kept oil prices elevated.
AMLBot, a crypto compliance and forensics company, has introduced AI Tracer—an automated, self-service blockchain analysis tool that follows the trail of funds from a given transaction hash across multiple networks.
The company positions AI Tracer as a way to reduce the reliance on specialist tracing software and deep internal expertise, enabling users to map visible movement on-chain from a starting transaction through intermediate wallets to the eventual endpoint.
Key takeaways
- AI Tracer is built to trace fund movements from a transaction hash across supported blockchains.
- It can follow cross-chain transfers through bridges and handle flows where assets are split across multiple wallets.
- Reports rely on matching known entity labels (such as exchanges and flagged addresses) but are not a substitute for legal or audit processes.
- The tool offers free checks and paid plans with higher limits on the number of automated analyses.
- Initial support covers major networks including Bitcoin, Ethereum (and several L2s), Solana, TRON, and Ripple.
How AI Tracer maps transaction paths
In a press release provided to Cointelegraph, AMLBot described AI Tracer as “self-service” analysis that automatically traverses a transaction graph. The stated workflow follows funds from the starting address, through intermediate wallets, and toward whatever endpoint the assets reached.
A key part of the system is entity labeling: AMLBot says the tool matches known labels—such as exchanges, services, and flagged addresses—against wallets encountered during tracing.
This matters for investigators and compliance teams because manual graph reconstruction across complex transaction histories can be time-consuming, especially when transfers involve many hops, multiple wallets, or routing patterns typical of illicit movement attempts.
What the tool can’t do
AMLBot also emphasized limits that users should understand before relying on outputs. According to the announcement, AI Tracer cannot:
- See transfers occurring between internal exchange accounts.
- Determine the reason a payment was made.
- Freeze assets.
- Guarantee recovery of funds.
The company further noted that AI Tracer reports are intended as a starting point for investigations and do not replace audit procedures or legal processes. That framing is important in practice: blockchain tracing can reveal address-to-address movement, but it cannot by itself establish intent, contract context, or operational control over funds.
Cross-chain tracing and split flows
AMLBot said AI Tracer is designed to trace through bridges used to move assets cross-chain, as well as situations where assets are split among multiple wallets. These are two areas where transaction tracing often becomes harder than a simple “send and receive” pattern.
Cross-chain movement can obscure the path of value when assets are wrapped, bridged, or reconstituted on a different network. Meanwhile, split flows can require tracking multiple branches of a transaction graph to understand where value ultimately consolidated. By explicitly calling out these scenarios, AMLBot suggests AI Tracer is meant to handle more realistic transaction structures rather than only single-line transfers.
Coverage, access model, and who it’s for
AMLBot’s announcement says AI Tracer currently supports these networks: Bitcoin, Bitcoin Cash, Litecoin, TRON, Ethereum, BNB Chain, Ethereum Classic, Polygon, Arbitrum, Base, Optimism, Solana, Cardano, and Ripple.
The tool includes a free check, while paid plans provide higher limits on the number of automated analyses users can run. AMLBot described the product as suitable for a range of users, including journalists, researchers, traders, and crypto users who want to read transaction paths, as well as law enforcement and independent investigators or compliance teams.
That target audience reflects a broader trend in the industry: as regulators, exchanges, and institutional participants increase expectations around transaction monitoring and provenance checks, more tools are being built to make on-chain analysis accessible beyond specialized forensics teams.
Why the launch is timely for on-chain investigations
AI Tracer’s “from transaction hash to endpoints” approach addresses a practical bottleneck in crypto investigations—turning raw blockchain data into a readable path that can be acted on. While it still cannot explain intent or replace legal review, AMLBot’s positioning suggests it is designed to speed up early-stage work: triage, mapping routes, and narrowing down where further diligence should focus.
As cross-chain activity and multi-hop transaction structures become more common, users are likely to judge tools less on whether they can follow basic transfers and more on how well they handle routing complexity—particularly bridge interactions and wallet splits, both of which AI Tracer is explicitly meant to cover.
Going forward, the main questions for users will be how consistently AI Tracer’s entity labeling reduces ambiguity across different networks, and how the product’s limits and supported chains expand over time—especially as investigations increasingly span L2s, bridges, and liquidity-driven flows.
Crypto World
Bitcoin Price Tumbles to 2-Week Low as Fed and BoJ Keep Rates Unchanged: Weekly Crypto Recap
It was a very eventful week in terms of economic activity, with most of the focus turned to the Wednesday conclusion of the second FOMC meeting under new Fed Chair Kevin Warsh.
But before we head into the details of the central bank’s decision, let’s explore what transpired prior to that. Last week, the US CPI numbers came out, and inflation data was actually a lot better than many expected. BTC went on a rally after that, peaking at $67,000, where it was rejected but still managed to close the week at around $64,000.
It regained some traction on Monday after the de-escalation news on the Middle East front. The cryptocurrency jumped past $65,000 and touched $65,600 on a couple of occasions. However, the predominantly bearish sentiment was too strong, and the asset dumped below $63,000 a day later.
The bulls managed to intervene and didn’t allow another immediate leg down. Instead, BTC started to regain traction after the United States Federal Reserve kept the rates unchanged. The asset challenged $65,500 once again on Friday morning. However, a familiar end-of-the-week scenario repeated, and the cryptocurrency was rejected even after the Bank of Japan followed the Fed’s example and maintained the rates.
The subsequent leg down has been quite painful, with BTC sliding below $62,500 minutes ago for the first time in over two weeks. Some altcoins have it even worse, with RAIN plummeting by double digits, while ZEC, XLM, and HYPE are down by up to 8%.
Market Data
Market Cap: $2.275T | 24H Vol: $60B | BTC Dominance: 55.3%
BTC: $62,700 (-0.5%) | ETH: $1,858 (+1.7%) | XRP: $1.06 (-1.7%)
This Week’s Crypto Headlines You Can’t Miss
New York Sues Kalshi as Legal Pressure on Prediction Markets Intensifies. In a major development from earlier today, New York Governor Kathy Hochul and Attorney General Leticia James filed a lawsuit against Kalshi, arguing that it operates illegal gambling products without the proper license in the state.
A Rocky Year: Ethereum Turns 11 Years as ETH Trades 61% Below the High Set Last August. Ethereum celebrated its 11th birthday on July 30. In this article, we explore the good and bad over the past few years, including some controversial developments around the blockchain and the foundation behind it.
Bitcoin’s Next Bull Run Could Follow US Midterms: Analyst. US Midterm election years are not favorable for bitcoin historically. One analyst claimed that once they are over, BTC’s major rally could finally commence. Another analyst outlined a major price prediction, indicating that the cryptocurrency can peak at somewhere around $400,000 per unit within less than two years.
‘OC’ Actor Ben McKenzie Urges Congress to Block CLARITY Act Over Trump Ties. The CLARITY Act remains one of the most discussed topics within the cryptocurrency community and in Washington. In a surprising development from the past week, OC actor Ben McKenzie argued that the bill should be blocked over its potential aid to Trump and his family.
Circle’s IBM Patent Deal Brings Nearly 1,000 Blockchain Patents. The company behind the second-largest stablecoin said it had expanded its blockchain patent portfolio by purchasing nearly 1,000 such patents from IBM. This includes more than 680 patent families and nearly 1,000 issued worldwide, covering core blockchain tech, banking, financial services, and insurance.
Saylor’s Strategy Keeps Rebuilding Its Cash Pile, Putting Bitcoin Buys on Hold. The world’s largest corporate holder of BTC has continued its BTC purchase pause for a fifth consecutive week. Instead, Strategy keeps growing its USD reserve. Another $525 million injection brought the total USD stash to $3.75 billion, enough to cover 2.1 years of dividend payments.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.
The post Bitcoin Price Tumbles to 2-Week Low as Fed and BoJ Keep Rates Unchanged: Weekly Crypto Recap appeared first on CryptoPotato.
Circle Internet Group, Inc. (CRCL), the issuer of USDC, the world’s second-largest stablecoin, announced Friday that it secured a limited purpose trust charter from the New York Department of Financial Services (NYDFS).
The trust charter is an official state banking authorization that allows the holder to legally provide fiduciary, custody and asset-management services under the New York Banking Law.
“Earning a New York trust charter has been a longstanding objective for Circle given the regulatory clarity that comes with it,” said Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle.
Circle’s stock price remains flat Friday morning at $64.24 and its stablecoin USDC has a market capitalization exceeding $71.8 billion.
Earlier this month, Circle received approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national trust bank.
National trust banks are authorized to provide users with custody and fiduciary services but do not accept consumer deposits or make loans like traditional commercial banks.
The stablecoin issuer said the national bank would “enhance the safety and regulatory oversight of the USDC Reserve, while enabling Circle to offer fiduciary digital asset custody and related services to institutional customers.”
FINANCIAL MISMANAGEMENT
Eddie Howe sends emotional message to Newcastle fans as club confirms bombshell exit – and labels his five-year spell at St James’ Park a ‘privilege of my lifetime’
Lancashire’s ‘significant loss’ as new devolution powers require elected mayor
-
Fashion7 days agoWeekend Open Thread: Brooks Brothers
-
Sports5 days agoCommonwealth Games boxing: Jadumani Singh seals dominant 5-0 win over Pakistan’s Sumama Rehman to enter quarter-finals | Commonwealth Games News
-
Business2 days agoWhy Trees Belong on the Risk Register
-
Tech5 days agoIntel is reversing course and bringing hyper-threading back to its server chips
-
Crypto World6 days agoRipple bought a bank in pieces. The $4 billion audit
-
Politics4 days agoLuke Littler dismantles Gerwyn Price to retain title in Blackpool
-
Politics3 days agoThe Part of the Electric Transition Nobody Wants to Discuss
-
News Videos5 days agoBITCOIN JUST ENTERED THIS CRITICAL ZONE…
-
Crypto World5 days agoXRP Ledger adds $2.6B as RWA inflows rank second
-
Business2 days agoMajor shareholder moves on Canyon
-
News Videos1 day agoBitcoin Enters the 3rd Stage of the Bear Market
-
Politics5 days agoSpain sweeps the board at 2026 World Cup with individual awards
-
Entertainment3 days ago‘Stargate’ Creator’s New Sci-Fi Series Returns for Season 3 Tomorrow
-
Entertainment6 days agoSara Gilson Killed By Husband After Viral “Pedophile” TikTok Video
-
Crypto World3 days agoKraken Enables Retail Access to Jersey Mike’s IPO via Tokenized Shares
-
Tech6 days agoAnthropic launches Claude Opus 5, a cheaper AI model for coding, agents and enterprise workflows
-
Tech4 days agoNew macOS Sequoia & Sonoma security updates for older Macs
-
News Videos3 days agoClaude: Build Financial Dashboards in Minutes (2026)
-
Politics23 hours agoLuke Littler’s dominance sparks GOAT debate
-
Sports15 hours agoSeema Kaliramna Wins Discus Throw Bronze, Takes India’s CWG Medals Tally To 17
You must be logged in to post a comment Login