BitMine generated $45.743 million from staking and validation in the three months ended May 31, 2026, equal to 98.3% of its $46.535 million in total revenue, according to a Form 10-Q filed July 14. MAVAN, the company’s Ethereum validator network, therefore produced nearly all revenue reported for the quarter. BitMine held 5,416,945 ETH valued at …
Monthly archives: July 2026
Winklevoss twins gave Trump’s super PAC $10 million 23 days after CFTC joined Gemini relief bid
Newly filed federal election records show Cameron and Tyler Winklevoss gave $10.018 million in Bitcoin to MAGA Inc., the super PAC aligned with President Donald Trump, on June 19, 2026. The gifts came 23 days after the Commodity Futures Trading Commission announced that it had joined the brothers’ crypto exchange, Gemini, in seeking relief from …
380 investors face Bitcoin mining losses after alleged $22M US scheme put just 13% into mining
A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges. The regulator filed partially settled charges on July 20 against Zan Shaikh and Bright Vision Distribution LLC, doing business as Mining Automatic. According to the …
US Forces Press Iran Campaign as Brent Nears $92 and Tanker Traffic Keeps Falling
Brent crude rose near $92 per barrel and WTI surged past $84—up over 20% since U.S.-Iran hostilities resumed—threatening higher inflation and delayed Federal Reserve rate cuts. Military Escalation Hits Infrastructure Brent crude oil surged toward $92 per barrel Tuesday as intense combat between U.S. forces and Iran stretched into its tenth day. The global benchmark …
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Another Bitcoin Treasury Firm Is Shutting Down. What Satsuma’s Vote Means for Investors
Satsuma Technology shareholders voted overwhelmingly to liquidate the London-listed company, sell its remaining 668 bitcoin and return capital to investors after a treasury strategy unraveled under falling asset values, a collapsed share price, and mounting pressure from backers. A 90.6% Vote Ends the Experiment The July 21 vote drew 90.6% support for winding down Satsuma, …
55.84 Billion XRP Appears Across the Top 40 Wallets, but Escrow Changes the Picture
XRP’s 40 largest listed accounts carry a displayed footprint of 55.84 billion XRP worth more than $64 billion, but the rankings reveal that Ripple escrow and exchange custody shape the list far more than a simple collection of individual whales. The Rich List Is Bigger Than It Looks The coin’s distribution panel lists a maximum …
Solana Tokenized Assets Hit Record $5.8 Billion in Q2, up 114% as Stock Trading Volume Quadruples
enized asset volume on Solana reached $5.77 billion in the second quarter of 2026, up 114% from the prior quarter and marking the network’s sixth consecutive quarterly record. Tokenized equities alone accounted for $4.8 billion of that total. A Sixth Straight Quarterly Record The Q2 figure did not arrive as a single dramatic spike. It …
Russia’s Duma Advances Bill 1194918-8, Sending Crypto Law to Putin’s Desk
Russia’s State Duma passed a bill Tuesday that gives the country its first full legal framework for cryptocurrency, treating digital assets as property while keeping them out of everyday payments. According to Rossiyskaya Gazeta (rg.ru), lawmakers approved Bill No. 1194918-8, “On Digital Currency and Digital Rights,” in its second and third readings on July 21. …
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Falcon Finance Launches USDf Card in More Than 90 Jurisdictions for Daily Spending
Falcon Finance has introduced a payment card that lets eligible users spend USDf, its overcollateralized synthetic dollar. The product is designed to connect tokenized collateral, onchain liquidity, and real-world purchases. Falcon Card Lets Users Spend USDf Online and in Stores With a $0 Annual Fee Falcon Finance has launched a payment card aimed at turning …
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive growth of prediction markets.” Lawmakers in the US House Committee on Agriculture’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a hearing on how the Commodity Futures Trading …
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Movement Labs files for Chapter 11 bankruptcy after months of MOVE token turmoil
The blockchain developer will continue operating under court supervision as it restructures following a market-making scandal, a co-founder’s suspension, and exchange delistings that rocked the project. Movement Labs, the developer behind the Movement Ethereum layer-2 blockchain, has filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Delaware, according to …
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Ether breaks the $1.9K resistance; is $2.1K the next target for ETH bulls?
Ether’s rally faces onchain headwinds, but rising staking demand and Google earnings could spark the push toward $2,100. Key takeaways: Ether (ETH) tested the $1,950 mark for the first time in seven weeks on Tuesday, triggering $62 million in liquidations across leveraged bearish positions. The move delivered 29% gains from the $1,500 low on June …
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Pavel Durov says Telegram to roll out native Gram crypto wallet
Telegram founder Pavel Durov said the messaging platform will roll out a native non-custodial Gram wallet this summer, bringing self-custody crypto transactions to its more than 1 billion users. Telegram plans to roll out a native non-custodial Gram wallet across its messaging app this summer, potentially bringing self-custody crypto payments to more than 1 billion …
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Crypto market breakout could accelerate as AI trade cools, analyst says
Bitcoin topped $67,000 while crypto stocks rallied on optimism over US crypto legislation and signs investors may be rotating out of AI trades. Bitcoin and the broader cryptocurrency market looked poised for a recovery on Tuesday as progress on landmark US crypto legislation boosted sentiment, with analysts also pointing to a slowdown in the AI …
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White House agrees to ethics provisions in market structure bill
The price of Bitcoin moved above $66,000 to reach a seven-week high on Tuesday as reports circulated of a deal with the White House to address ethics in the CLARITY Act. The White House agreed to provisions in a crypto market structure bill that could ensure support from some Democratic lawmakers in the US Senate. …
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