US spot Bitcoin ETFs post $263 million in outflows, ending a nine-day inflow streak as Bitcoin failed to reclaim $80,000 in its latest run. US-listed spot Bitcoin exchange-traded funds posted their first net outflows in nine sessions as BTC slipped below $77,000 on Monday. Bitcoin ETFs saw $263 million in net outflows on Monday, marking the first outflows since mid-April, according to SoSoValue data. The losses came after spot ETFs drew $2.1 billion in inflows since April 13 as BTC rose about 10% over the period, according to CoinGecko. Read more
Core Scientific is converting its Pecos, Texas site into a high-density AI colocation hub, repurposing 300MW of mining capacity. Bitcoin miner Core Scientific plans to scale its Texas operations into a large artificial intelligence-focused data center campus with up to 1.5 gigawatts of gross power capacity. In a Monday announcement, the company said it is developing its Pecos, Texas, site into a high-density colocation hub designed to support AI workloads amid rising demand for computing infrastructure. Of the planned capacity, about 1 GW is expected to be available for leasing. “We continue to leverage our deep in-house expertise to differentiate how we build and scale next generation artificial intelligence infrastructure,” Adam Sullivan, CEO of Core Scientific, said. Read more
The platform targets retail traders with always on access across more than 500 crypto and traditional markets, including equity-linked derivatives, from a single interface. Liquid has raised $18 million in a seed funding round to expand a platform that lets users trade crypto and traditional assets around the clock from a single interface. The platform offers access to more than 500 markets across crypto, equities, commodities and foreign exchange, with leverage of up to 200x and tools that allow trading without transferring custody of assets, according to Tuesday's announcement. The round was co-led by Neo and Left Lane Capital, with participation from Haun Ventures, K5 Global, SV Angel, AntiFund and Sunflower Capital, alongside existing investors Paradigm and General Catalyst. Read more
US President Donald Trump says the US can’t be “left out in the cold” on prediction markets just days after he said he was “not happy” with the fast-growing platforms. US President Donald Trump has softened his stance on prediction markets just days after he bemoaned the surging interest and popularity of the betting platforms. “I don't know. I know some people who are very smart. They like it,” Trump told reporters in Florida on Saturday after he was asked about his earlier comments, in which he said he didn’t support prediction markets. “They disagree, but they like it.” “A lot of other countries are doing it, and when the other countries do it, we get left out in the cold if we don't do it,” he said. Read more
The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. finalized a similar rule removing reputation risk earlier this month. US crypto lobby group Blockchain Association has thrown its support behind the US Federal Reserve’s proposal to codify the removal of “reputation risk” from its supervision of banks, which has been used in the past to debank crypto companies. In a letter sent Monday in response to the Fed's request for comment, Ashok Pinto, the group's executive vice president of legal and government relations, said reputation risk, which was removed as a component of examination programs in June 2025, should be made a formal rule. “The Blockchain Association strongly encourages the Board to move expeditiously to finalize and codify the removal of reputation risk from its supervisory framework,” Pinto wrote. Read more
The US dollar-backed token will roll out across Paystand’s network, which the company says has processed more than $20 billion in business payments. Paystand is launching USDb, a US dollar-backed stablecoin built on Bitcoin-linked infrastructure for use in business payments, including accounts receivable, accounts payable, payroll and treasury operations. According to Tuesday's announcement, the token is issued on Bitcoin-linked rails, including Rootstock, and interoperates with infrastructure from Blockstream. It will roll out first across Paystand’s payments network, which the company says has processed more than $20 billion in volume for over one million businesses. Santa Cruz, California-based Paystand is a blockchain payments company that provides accounts receivable and accounts payable infrastructure to businesses across North America and Latin America. Read more
The integration enables crypto payments at more than 650,000 merchants, with transactions settled for businesses in South African rand. Crypto exchange Bybit has expanded its Bybit Pay service to South Africa through an integration with local payments provider MoneyBadger, allowing users to pay with cryptocurrency at merchants nationwide using QR codes while businesses receive settlement in local currency. According to Bybit's Tuesday announcement, the rollout connects Bybit Pay to existing payment networks, giving users access to more than 650,000 merchants via Scan to Pay, 31,000 through Zapper and over 1,500 Pick n Pay stores, with additional support for online payments through Peach and Ozow. Users can pay with Bitcoin (BTC), stablecoins and more than 20 other digital assets, with transactions processed in seconds while MoneyBadger converts funds to South African rand at the point of sale to limit exposure to price volatility, allowing merchants to accept crypto without holding it. Read more
Bitcoin’s ascending channel setup and rising stablecoin inflows suggest improving liquidity conditions could support a push toward higher price levels. Bitcoin (BTC) has rebounded more than 28% from its February low below $60,000, and a mix of technical, liquidity, and on-chain signals suggests the recovery may still have room to run. BTC/USD daily chart. Source: TradingView Read more