The Surprising Disconnect Between Bitcoin’s Price and Network Activity
Bitcoin is far less active than in 2021, as institutional exposure grows through ETFs and funds. Bitcoin’s on-chain activity remains well below the levels seen during the peak of the 2021 bull market. In May 2021, the network averaged…
Coinbase makes a quiet bet on ProShares stablecoin reserve ETF
Coinbase has invested in ProShares’ GENIUS Money Market ETF as stablecoin issuers prepare for stricter reserve rules under the GENIUS Act. Summary Coinbase has invested in ProShares’ IQMM ETF to support stablecoin reserve management. IQMM is designed to meet reserve…
Moonpay Connects Institutions to Franklin Templeton’s Tokenized Funds in New Onchain Push – Bitcoin News
Key Takeaways Franklin Templeton and Moonpay launched an integration connecting BENJI tokens to Moonpay Trade’s institutional onchain execution infrastructure. Eligible institutions can now swap between stablecoins and Franklin Templeton tokenized funds, supporting treasury and collateral workflows. The deal extends Franklin…
Mt. Gox Moves $739M in Bitcoin: Is a Bigger Market Crash Coming?
Mt. Gox has transferred approximately $739M in Bitcoin to a new wallet, a move confirmed by on-chain monitoring firms Arkham Intelligence and Whale Alert, who traced the transaction to cold storage addresses linked to the defunct exchange’s 2011–2014 holdings. The…
U.S. stocks are pulling capital away from Bitcoin: Binance Research
Bitcoin has fallen below $70,000 as capital continues to flow toward a narrow group of high-performing U.S. equity sectors, according to a new analysis from Binance Research. Summary Binance Research linked Bitcoin’s recent weakness to record levels of capital concentration…
Charles Schwab Targets 2027 Crypto Trading and Custody Launch for Financial Advisors
Key Takeaways Charles Schwab targets mid-2027 launch of crypto trading and custody for advisors. Bitcoin and ethereum access could expand as Schwab joins major crypto-focused firms in 2027. Jalina Kerr says Schwab will build regulated custody and compliance systems before…
MicroStrategy Sells Bitcoin for First Time Since 2022: Should You Panic?
MicroStrategy sold 32 bitcoin last week for roughly $2.5M, its first confirmed sale since late 2022, and the market noticed immediately, sending the company’s shares down 6% and bitcoin itself down 3% to approximately $71,486. The sale was disclosed in…
Strategy Bitcoin sale sparks Polymarket dispute over rules
A Polymarket trader has challenged the handling of a disputed market tied to Strategy’s Bitcoin sale, arguing that the written rules should count the sale date, not the disclosure date. Summary A trader says he bought 49,695.76 YES shares for…
Robinhood Expands Into Canada With $180M WonderFi Acquisition
Robinhood Enters Canada Through Landmark Crypto Deal Robinhood has officially entered the Canadian cryptocurrency market after completing its $180 million acquisition of Toronto-based digital asset company WonderFi. The move marks a major step in the U.S. trading platform’s international expansion…
Grayscale Hyperliquid ETF Imminent Per New Filing
Grayscale has filed its sixth amendment to its Hyperliquid ETF registration, disclosing a 0.29% management fee and the ticker HYPG, the clearest signal yet that a launch is days away. Bloomberg ETF analyst James Seyffart characterized the update as making…
