Wall Street’s first public bitcoin-backed bond, issued by Ledn and rated by S&P, is facing stress after a 27% bitcoin drop forced liquidations. Wall Street’s first attempt at a public bond sale backed by bitcoin loans has hit some turbulence after bitcoin’s sharp decline triggered forced liquidations. Bankers at Jefferies […]
JPMorgan says Bitcoin’s long-term case versus gold is strengthening despite its historic sell-off. Bitcoin’s long-term investment case relative to gold has strengthened, according to JPMorgan, even as the cryptocurrency suffers one of the sharpest market pullbacks in its history. In a new note, JPMorgan analysts reportedly said Bitcoin’s risk-adjusted profile versus gold […]
The U.S. government has finalized the forfeiture of over $400 million in cryptocurrency, cash, and property linked to Helix, a major darknet bitcoin mixer, following the conviction of its operator, Larry Dean Harmon. The U.S. government has taken full legal ownership of more than $400 million in seized cryptocurrency, cash, and real […]
Plan B Network has launched CypherTank, a global Bitcoin-focused pitch series that spotlights builders, ideas, and community discussion across multiple platforms. The Plan ₿ Network just announced the global premiere of CypherTank, a Bitcoin-focused pitch series designed to highlight innovative builders, explore bold ideas, and bring the global Bitcoin community directly into […]
Tennessee lawmakers are considering a bill that would allow the state to invest up to 10% of certain public funds in bitcoin. Tennessee lawmakers are considering legislation that would allow the state to hold bitcoin as part of its public financial reserves. If passed, the measure would place Tennessee among […]
The Senate Agriculture Committee advanced a crypto market bill 12-11 along party lines. In a narrowly divided party-line vote, The U.S. Senate Agriculture Committee advanced its version of crypto market legislation in a 12-11 vote Thursday, marking a milestone in congressional efforts to finally legislate comprehensive crypto market structure rules. All Democrats […]
Steak ’n Shake said it increased its Bitcoin exposure by an additional $5 million in notional value today. Steak ’n Shake has increased its Bitcoin exposure by an additional $5 million in notional value, continuing what the company calls its ongoing “burger-to-Bitcoin transformation.” In a post on X, the restaurant chain said […]
Gold advocate and longtime Bitcoin critic Peter Schiff said that the crypto industry is pushing for government regulation and bailouts not to self-restrain, but to gain public legitimacy. Gold advocate and longtime Bitcoin critic Peter Schiff renewed his attacks on Bitcoin during a recent interview with Tucker Carlson, arguing that the cryptocurrency industry […]
Kansas appears to be the latest U.S. state to consider a formal role for Bitcoin in public finance, with lawmakers introducing a bill to create a state-managed Bitcoin and digital assets reserve fund. Kansas has become the latest U.S. state to explore a formal role for Bitcoin and digital assets […]
Coinbase has launched an Independent Advisory Board on Quantum Computing and Blockchain to proactively safeguard Bitcoin and other digital assets against potential future quantum threats. Earlier this week, Coinbase announced the creation of an Independent Advisory Board on Quantum Computing and Blockchain, aiming to safeguard the crypto ecosystem against emerging quantum threats. The […]