Spain’s BBVA is now guiding wealthy clients to invest up to 7% of their portfolios in bitcoin and ethereum.
There’s too much grift here to explain in a short writeup but lets just cover a few glaring examples quickly...
The card will be available exclusively to U.S. members of Coinbase One. Cardholders will be able to receive up to 4% back in BTC.
Details about the IPO are still light, but the company joins the roster of other exchanges (Kraken, Gemini) looking to get public ASAP.
Months after buying stablecoin platform Bridge, the payments giant today announced the acquisition of wallet-infrastructure startup Privy.
Yesterday, the largest Bitcoin ETF – the iShares Bitcoin Trust ETF (IBIT) – became the fastest ETF in history to surpass $70 billion in assets under management.
Gemini, the crypto exchange founded by the Winklevoss twins, has confidentially filed for an IPO, according to a press release on Friday
Fortune says Apple, X, Airbnb and Google have begun early talks with crypto providers about plugging dollar–pegged tokens into their payment flows, mainly to slash card and cross-border fees.
Late yesterday, Circle officially priced it’s stock at $31, well above the initial range of $24 to $26. With the company also upsizing its share offering to 34 million, it looks like the IPO will raise more than $1.1 billion.
Elon slams Congress's new spending bill and hints that bitcoin will end up as the world’s reserve currency.
Robinhood is now up more than 76% YTD vs Coinbase’s -2.5%
The Labor Department has scrapped a 2022 compliance bulletin that potentially scared fiduciaries away from offering bitcoin or other crypto options in 401(k)s.
The SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the agency and following Binance’s $4.3 billion settlement with the U.S.
Supporters say the structure could lower the city’s borrowing costs and quietly grow a public Bitcoin reserve. Others, well, aren’t so impressed.
GameStop today announced its first large acquisition of BTC, disclosing a purchase of 4,710 BTC ($500 million).
Trump Media & Technology Group (DJT) plans to raise $2.5 billion to add more BTC to it’s treasury.
Wall Street’s banking behemoths (JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, etc) are reportedly whispering in backrooms about launching their own stablecoin.
Kraken, in it’s continued drive to IPO, plans to launch “tokenized equities” in the coming weeks that would trade 24/7 – even when the U.S. stock market is closed.
LFG
Only a few weeks after reports emerged that the largest US stablecoin provider had rejected Ripple’s $4-5 Billion offer, Fortune is reporting that Coinbase is entering the conversation.
Threat actors have allegedly bribed Coinbase offshore support staff to access personal user data
The new supply for the year is around 60,000 BTC, and companies have already surpassed 196,000 BTC in purchases.
Beyond the bragging rights, all sorts of funds must now buy $COIN, likely giving the stock some demand tailwinds in the near future.
Sources say the social media giant is in early, “learn mode” talks about using dollar-pegged tokens to pay creators on Facebook and Instagram.
Trading volumes and revenue dropped a bit QoQ as expected, but everything else is crushing it.
