Custodia Bank, the Wyoming-chartered digital asset bank led by Caitlin Long, is seeking a 30-day extension of time, until July 10, 2026, to file a petition for certiorari challenging the Tenth Circuit’s decision in its long-running dispute with the Federal Reserve, according to a recent filing. The Tenth Circuit held that regional Reserve Banks have
A fintech company that started by refinancing student loans just became the first US national bank to put a stablecoin directly into a consumer banking app. SoFi Technologies launched SoFiUSD on May 27, giving its approximately 14.7 million members the ability to buy, sell, and hold the token without ever leaving the SoFi app. The
Republican congressional hopeful Michael Carbonara has sold part of his Bitcoin holdings to help finance his campaign in Florida’s 22nd Congressional District, Decrypt reported Saturday. According to the report, Carbonara converted 10 Bitcoin into approximately $800,000 worth of USDC this month. The entrepreneur, who founded digital payments company Ibanera, has largely self-funded his campaign through
Reading on-chain data at the right time can give investors an early edge. At the current stage of the cycle, timing matters more than ever. From a technical view, traders have wiped $10 billion+ from the market this week, dragging Bitcoin closer to $70k. With major liquidity clusters sitting on both the upside and downside,
SpaceX’s highly anticipated public market debut has spawned a fast-growing crypto shadow market that is allowing retail traders around the world to speculate on the company’s valuation months before its shares reach public markets. Here’s what’s behind the hype. According to Forbes, decentralised derivatives platform Trade.xyz recently launched SPCX-$USDC, a perpetual futures contract on Hyperliquid
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 7, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the
For decades, the Fed stabilized the economy with one simple tool: interest rates. Raise them to cool inflation, and cut them to stimulate growth. But after years of massive government borrowing, post-pandemic inflation, and repeated stress inside the Treasury market, that system may no longer work the way Americans expect. Today, the Fed can cut
Anonix Eyes Transforming XRPL Into a Next-Generation AI Marketplace Ecosystem The $XRP Ledger (XRPL) has long been recognized for fast transactions, low fees, and efficient cross-border payments. However, according to Anonix, the network’s future may extend far beyond moving value across borders. Anonix, a fully decentralized AI platform focused on quantum-resistant encryption, privacy, and anonymous
The Bitcoin treasury company space is becoming more divided between firms with actual financial strategies and those leaning more on promotion, according to one industry executive. “I think a lot of them don’t have the right capital structure, right. They don’t have the ability to actually deploy Bitcoin,” Sean Bill — co-founder of Bitcoin treasury
Hyperliquid is best known for its on-chain perps exchange, but did you also know there are vaults where users can deposit funds and follow specific trading strategies? One of these vaults, currently enjoying a total value locked of more than $3 million, delivered 638% APY last month. Let’s examine. What Are Hyperliquid Vaults? Hyperliquid vaults