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GENIUS Act Deadline Puts Stablecoin Rulemaking Back On Washington’s Clock
Crypto does not move on one kind of catalyst. Some days it is price, some days it is policy, and some days it is infrastructure. GENIUS Act Deadline Puts Stablecoin Rulemaking Back On Washington’s Clock sits inside thatNewsBTC
Wed, Jul 15
Japan Classifies Bitcoin and Crypto as Financial Instruments in Landmark Vote
Japan Classifies Bitcoin and Crypto as Financial Instruments in Landmark Vote is the kind of story that can look simple at first glance, but it carries more weight once you place it inside the week’s broader crypto backdNewsBTC
Wed, Jul 15
IBM endures record stock price crash as AI spending squeezes sectors
IBM (NYSE: IBM) lost about a quarter of its market value on Tuesday, July 14, after warning that corporate customers are pouring money into AI hardware and cybersecurity instead of the enterprise software and mainframes that anchor its business. The one-day drop erased about $70 billion and is the worst drop the company has experienced...Cryptopolitan
Wed, Jul 15
Crypto Today: Bitcoin, Ethereum, XRP stall after US CPI-driven mild rally
The cryptocurrency market pauses on Wednesday, following a brief, macro-driven rally the previous day. Bitcoin (BTC) is consolidating above $64,500, signaling waning bullish momentum and increased profit-taking as sellers emerge.
Czech Republic Orders ISPs to Block Polymarket as Europe’s Prediction-Market Wall Hardens
Polymarket has lost access to another European market this week with the Czech Finance Ministry adding the prediction market platform to its List of Unauthorized Internet Games. Internet service providers now have 15 days to block access to the platform. The country’s Institute for Gambling Regulation brought up the listing on July 14. This news...Cryptopolitan
Wed, Jul 15
South Korea bets on crypto as part of national wealth strategy
South Korea has begun incorporating virtual assets into its management of public wealth, a stride being made as lawmakers seek to step up their efforts to catch up with the United States, the EU and Japan in the arena of cryptocurrency rules and regulations. With approximately 20% of the population already involved in trading digital...Cryptopolitan
Wed, Jul 15
US, Tether freeze $131M in Iran-linked USDT on Tron
On Tuesday, the US Treasury, along with Tether, froze approximately $131 million in USDT funds linked to Iran’s central bank, demonstrating how the effective work of stablecoin infrastructure initially designed to facilitate instant and cost-efficient transfers is also exploited by the parties sanctioned by the US government. USDT (stablecoin pegged to US dollars by Tether)...Cryptopolitan
Wed, Jul 15
Cryptopolitan Report: Saylor Sold Bitcoin & A Third Of Our Readers Say Nothing Has Changed
Where This Actually Started Digital asset treasuries are a mainstay in the crypto space these days but long before this title was established, there was only one company doing it. Strategy, then called Microstrategy, made its first Bitcoin purchase in August 2020. Founder and chairman of Strategy, Michael Saylor, has since turned the mid-sized enterprise...Cryptopolitan
Wed, Jul 15
PayPal receives $53B takeover offer from Stripe, Advent: Report
Stripe and Advent reportedly made an offer to acquire PayPal for more than $53 billion, which may be regarded as one of the biggest acquisitions in the payment industry’s history. According to a report by Reuters, the proposal has set the value of PayPal at $60.50 per share, with about $50 billion to be covered...Cryptopolitan
Wed, Jul 15
Ark rebalances into Circle and Block, trims Robinhood in $14 million reshuffle
On Tuesday (July 14), Ark Invest, managed by Cathie Wood, invested around $13.9 million in Circle Internet Group and also acquired approximately $1.52 million in Jack Dorsey’s Block Inc., while decreasing its stake in Robinhood by about $3.15 million. For investors in Ark’s exchange-traded funds (ETFs), this decision is not seen as a call on...Cryptopolitan
Wed, Jul 15
Rising memory-chip prices reshape AI cloud economics, and CoreWeave leans on risk discipline
The climbing prices of memory chips are modifying the financial aspects of AI infrastructure and making cloud service providers reconsider their methods of managing one of their fastest-growing expenses. Companies, such as CoreWeave (Nasdaq: CRWV), now have to ensure that they get enough chips to meet their AI workload requirements as well as safeguard their...Cryptopolitan
Wed, Jul 15
ERCOT Grid Rules Add A New Infrastructure Hurdle For Texas Bitcoin Miners
ERCOT Grid Rules Add A New Infrastructure Hurdle For Texas Bitcoin Miners is a useful reminder that crypto coverage is not only about token prices. Sometimes the more important story is the infrastructure, regulation, seBitcoinist
Wed, Jul 15
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