Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state. One of the original sponsors in the Minnesota House …
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TLDR Carl Beek and Julian Ma confirmed they will leave the Ethereum Foundation on Monday. Their exits extend a broader wave of departures across key Ethereum initiatives. Barnabé Monnot and Tim Beiko have also stepped back from protocol coordination roles. Trent Van Epps and Alex Stokes announced separate departures and a sabbatical this year. The …
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Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly …
Continue reading “Crypto funds see $1B in outflows as Iran tensions revive risk-off sentiment”
Ether (ETH) dropped sharply after rejection at $2,400 last week, dropping as low as $2,100 on Monday, indicating that bears are back “in control,” according to new analysis. Key takeaways: Ether drops 12% after rejection at $2,400 as bears regain control. Binance sell pressure and ETF outflows signal weak ETH demand. Analysts warn ETH/USD could fall …
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Hyperliquid DEX’s native token, HYPE, is showing potential for a 55% rally after a wallet reportedly tied to Silicon Valley-based venture capitalist, a16z, accumulated $90.87 million worth of tokens in just over a month. Key takeaways: HYPE’s three-day chart shows a potential cup-and-handle breakout, with the neckline sitting near $45–$47. ETF launch, Coinbase-Circle USDC roles, …
The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with the Financial Conduct Authority (FCA) to prepare UK wholesale markets for tokenized finance. The proposal seeks to add weekend and extended daily operating hours to the central bank’s settlement mechanism, Real-Time …
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Key Takeaways Minnesota Gov. Tim Walz signed HF 3709, letting state-chartered banks offer bitcoin and crypto custody. The law takes effect Aug. 1, 2026, requiring a 60-day Commerce Department notice before services launch. St. Cloud Financial Credit Union reported 20% of members hold crypto, signaling strong local demand. State-Chartered Banks in Minnesota Will Be Able …
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Key Takeaways Bitcoin ETFs lost $1B, ending a 6-week inflow streak led by ARKB and IBIT exits. Ether ETFs shed $255M, while XRP and solana gained $60.5M and $58.12M, respectively. XRP and solana demand rose as investors favored crypto assets tied to regulation and utility. Franklin and Bitwise Drive XRP ETF Gains as Bitcoin Sentiment …
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Key Takeaways Bitmine holds 5.28M ETH at 4.37% of total supply, targeting 5% of the 120.7M token float by end of 2026. BMNR staking 4.7M ETH generates $289M in annualized revenue at a 2.80% seven-day yield. Tom Lee says CLARITY Act odds exceed Polymarket’s 61% estimate, which could unlock Wall Street ETH products. Tom Lee …
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Key Takeaways Bitcoin trades between $76,900 to $77,465 on May 18, 2026, just before 10 a.m. ET, while BTC holds above the key $76K support range. Market indicators show BTC momentum weakening with MACD and Momentum flashing bearish signals. Market data further shows bitcoin volume near $33 billion on Monday as traders watch $78.4K resistance. …
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Key Takeaways Bitcoin Depot began Chapter 11 to wind down operations and sell company assets. Regulatory pressure has tightened BTM rules through transaction limits, licensing, and compliance obligations. International entities will follow separate proceedings as the asset sale process continues. Bitcoin Depot Begins Chapter 11 Process Amid Regulatory Pressure Bitcoin Depot Inc. (Nasdaq: BTM) announced …
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Key Takeaways Strategy adds 24,869 BTC for $2.01 billion, bringing its total holdings to 843,738 bitcoin as of May 17, 2026. The $75,700 blended average cost basis and 12.6% BTC Yield YTD signal continued confidence in bitcoin as a treasury asset. Strategy plans to retire $1.5 billion in 2029 convertible notes, reshaping its debt structure …
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Key Takeaways A solana holder lost $1.05M selling 21,911 SOL despite earning $145K in staking rewards over two years. Solana’s 5.86% APY failed to offset a 64% price decline from the $294 all-time high hit in January 2025. SOL trades near $84 at press time; institutional demand has held firm even as retail holders absorbed …
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A Canadian man accused of overstaying his visa in the US has been charged in an alleged cryptocurrency fraud scheme that authorities say stole more than $13 million from victims by impersonating crypto support agents. According to the U.S. Attorney’s Office for the Southern District of Florida, 19-year-old Trenton Richard David Johnston allegedly posed as …
EUR 1 billion note programme planned for 2026 following completion of global issuance infrastructure by the end of Q3 2026. STOCKHOLM & RIGA — May 14, 2026 — Deploi, the institutional infrastructure layer for digital private credit, today announced the launch of its direct issuance framework on Polygon, following ISIN allocations from Nasdaq CSD for …
