Bitcoin financial services firm River says private businesses have accumulated 84,000 Bitcoin in 2025 amid a year of regulatory clarity and a strong bull market. Bitcoin financial services firm River said its business clients are reinvesting an average of 22% of profits into Bitcoin, signaling growing grassroots adoption. Of River’s client base, real estate firms have been the biggest adopters with nearly 15% reinvesting profits into Bitcoin (BTC), while hospitality, finance and software sectors are allocating between 8% and 10%, River research analyst Sam Baker said in a report on Wednesday. Even fitness studios, painting and roofing companies and religious nonprofits are among the adopters. Read more
Despite $300 million in spot ETH ETF outflows, healthy derivatives and institutional investor activity keep Ether’s $5,000 path intact. Key takeaways: $300 million outflows from US-listed Ethereum ETFs represent just 1.3% of assets under management. Derivatives positioning and stable long-to-short ratios suggest strong $4,300 support despite leveraged long liquidations. Read more
Anchorage Digital has added custody and staking for Starknet’s STRK token, expanding the token's utility for institutional investors in the US. Anchorage Digital, a chartered crypto bank in the United States, has launched custody and staking support for Starknet’s native token, STRK, seeking to address investors’ appetite for yield generation on digital assets. According to a Wednesday announcement, staked STRK currently yields an annual percentage rate (APR) of 7.28%. Anchorage, offering STRK custodian services since January, is expanding the token’s utility. “Anchorage Digital has a long-standing relationship with Starknet and now is opening the door to institutional custody and staking of STRK,” the company said in a statement. Read more
The Bitcoin miners grew BTC output in August while expanding their operational hash rates more than 100% year-over-year. Bitcoin miners Riot Platforms and CleanSpark boosted their crypto production in August, according to operational updates on Wednesday. Riot Platforms mined 477 BTC in August, up from 322 BTC year-over-year. The output represents a 48% increase compared to August 2024. According to the company, it sold 450 BTC for net proceeds of $51.8 billion during the month, and now holds 19,309 BTC, a 92.7% increase in 12 months. Meanwhile, CleanSpark mined 657 BTC in August, up from 478 BTC during the same month in 2024. The jump amounts to a year-over-year increase of 37.5%. The company sold 533.5 BTC for $60.7 million last month. Read more
Amid the US set to implement a stablecoin framework after passage of the GENIUS Act, EU officials are looking at the implications of foreign-issued stablecoins. Christine Lagarde, president of the European Central Bank (ECB), is calling for policymakers to address gaps in stablecoin regulation, particularly for those issued beyond the “robust” Markets in Crypto-Assets (MiCA) framework in the European Union. In prepared remarks for the ninth annual conference of the European Systemic Risk Board on Wednesday, Lagarde said EU lawmakers should take steps in situations where an entity covered under MiCA and a non-EU entity jointly issue stablecoins. She added that such stablecoin issuers should not be allowed to operate in the EU unless there were “robust equivalence regimes” at the source, which included allowing EU investors “to always redeem their holdings at par value” and requiring issuers to fully back their coins. Read more