Crypto

Nasdaq-listed Empery Digital said it sold 1,400 Bitcoin since May to help fuel an AI data center deal, legal bills, and other expenses.

Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par. A new report from BitcoinTreasuries.net described the downturn as the sector’s first meaningful stress test, offering an early measure of whether companies can reliably build financing […] The post Bitcoin’s $10 billion credit market keeps growing after its first major selloff appeared first on CryptoSlate.

Record trading volumes suggest investor interest in BTC-backed preferred shares is still strong despite heightened market volatility.

Asha Sharma will advise the Federal Reserve on AI’s impact on jobs and productivity as Xbox undergoes the biggest restructuring in its history.

Automated payouts are paused after a failed liquidity deal, leaving customers without assurances on timing or amounts. The post AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed appeared first on CryptoSlate.

State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure. Policymakers in New Hampshire’s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC). At a Wednesday hearing, the five-member panel voted 3-2 against the New Hampshire Business Finance Authority’s (BFA) proposed issuance of $100 million in BTC-backed bonds. The proposed investments, which the authority approved in November 2025, already had support from Governor Kelly Ayotte. “It was an extremely short-sighted decision,” said state representative Keith Ammon in a Thursday X post after the vote. “I can't believe I witnessed it in person. They should gather all relevant facts and information and reconsider their vote at a future meeting.” Read more

The launch comes as tokenized stocks become one of the fastest-growing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7 trading. Crypto exchange Backpack has launched 24/7 trading for select tokenized US equities, allowing international investors to trade stocks including SpaceX, Micron and SanDisk around the clock. Under the initial offering, Backpack said that investors would receive direct ownership of the underlying securities rather than synthetic exposure, with trades settling instantly and funded in fiat currency or stablecoins. The initial offering includes a limited selection of US equities, with additional stocks planned. The company also offers Solana-based tokenized versions of the securities, which can be transferred between wallets, used in decentralized finance applications and converted 1:1 into the corresponding shares through Backpack. Read more

Approximately 80% of all Pioneers hold less than 10 PI each.

The SFC wants phishing-resistant login and device binding by July 8, 2027, while monitoring and response duties apply immediately. The post Hong Kong gives crypto platforms one year to ditch one-time passwords or cover user losses appeared first on CryptoSlate.

Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along with it.

Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape. Crypto’s infrastructure is starting to look a lot more like traditional finance. New data from Dune shows that the world’s stablecoin leaders — Tether’s USDT and Circle’s USDC — are no longer competing for the same users, with each now dominating a different corner of the market. Meanwhile, demand for MiCA-compliant euro stablecoins is accelerating, hinting that the stablecoin economy is slowly expanding beyond the US dollar. Elsewhere in Crypto Biz, Strategy reignited debate over its “never sell” philosophy after offloading more than $200 million in Bitcoin (BTC) to fund shareholder dividends, while Vanguard signaled that even Wall Street’s biggest crypto skeptics are embracing tokenization. USDT has become crypto’s dominant payments stablecoin while USDC has cemented itself as DeFi’s preferred settlement asset, accord...

Ethereum has staged a notable recovery after defending its recent lows, with buyers gradually rebuilding momentum. While the higher time frames remain constrained beneath major resistance, the lower time frame structure has improved, and on-chain activity appears to be stabilizing following months of cooling network participation. Ethereum Price Analysis: The Daily Chart On the daily […]

The initiative builds on a broader shift by companies exploring stablecoins to move money between international operations more efficiently.

The trust can use disputed documents in its $4 billion-plus case, but the rulings still leave creditor payouts unresolved. The post Judge lets Terraform use Jump lawsuit evidence while blocking four late creditor claims appeared first on CryptoSlate.

Unless President Trump vetoes the bill, it will become law at midnight, banning the Federal Reserve from developing a CBDC until 2031.

Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported. Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims. Key points: Read more

Circle secured final OCC approval to establish a national trust bank, shifting its $73.2 billion stablecoin to a unified federal framework.

Meanwhile, Ethereum is back at $1,800, SOL is struggling to maintain $80, while XRP has defended the $1.10 support.

July 18 is not a user cutoff, but it forces regulators to define which permitted, foreign, and state-qualified issuers can operate cleanly in the US framework. The post GENIUS Act deadline puts stablecoin issuers on the clock appeared first on CryptoSlate.

The Fed named a16z co-founder Marc Andreessen to co-lead an AI productivity and jobs task force under Chair Kevin Warsh’s policy review. The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new technologies could affect productivity and jobs. Andreessen will serve on the Fed’s Productivity and Jobs task force alongside Charles I. Jones, a Stanford University economics professor currently on leave at Anthropic, and Asha Sharma, Microsoft's executive vice president and Xbox CEO. The new task force will assess how general-purpose technologies such as AI will affect employment and productivity to better inform the central bank's policymaking, the Fed said in a Thursday press release. Read more