Key Takeaways Franklin Templeton endorsed the CLARITY Act, seeking defined regulations, investor protections, and federal oversight responsibilities. Blackrock, Fidelity, Goldman Sachs, and Charles Schwab have also backed the …
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Bitcoin
Pennsylvania Bill Could Shut Sportsbooks Out of Prediction-Market Making
by Jason Scottby Jason ScottKey Takeaways HB 2711 would bar gambling companies from serving as prediction-market makers. The bill sets a 21+ age limit and hands enforcement to the Attorney General. A …
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Bitcoin
Bitcoin Traders Face $75M in Liquidations After Three Failed Attempts to Clear $65,600
by Jason Scottby Jason ScottKey Takeaways Bitcoin hit $65,500 on U.S.-Iran news before retreating to $64,336 on July 27. Sharp price swings triggered $75 million in long and short liquidations on Coinglass. …
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Bitcoin
Circle Acquires 1,000 Blockchain Patents From IBM to Fuel Digital Asset Expansion
by Jason Scottby Jason ScottKey Takeaways By purchasing 70% of IBM’s blockchain portfolio, Circle became the top US holder of these patents. The 1,000-patent acquisition bolsters Circle’s infrastructure for internet financial systems …
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Bitcoin
TRX Futures Listing Launches on Bitnomial, Broadening Regulated U.S. Derivatives Access to TRON
by Jason Scottby Jason ScottThe new futures listing introduces a regulated derivatives market for TRX, the native utility token of the TRON network, giving eligible U.S. traders and institutions an additional way …
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Bitcoin
Rejecting Bitcoin’s Bank and Market Integration ‘Dooms It to 1% of Its Potential’
by Jason Scottby Jason ScottKey Takeaways Michael Saylor said rejecting bitcoin integration with banks and markets denies it to 99% of users. Strategy holds 843,775 BTC worth about $55 billion, below its …
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Bitcoin
KB Kookmin Taps JPMorgan’s Kinexys as South Korea’s Largest Bank Pushes Instant Dollar Payments
by Jason Scottby Jason ScottKey Takeaways KB Kookmin Bank will launch Kinexys-based USD payments to 10 countries next month. Parent KB Financial Group holds $552.76 billion in assets, Asia-Pacific’s 28th-largest lender. Kinexys …
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Bitcoin
Bitcoin Reclaims $65,500 but Volatility Remains as US Liquidity Hits $5.92 Trillion
by Jason Scottby Jason ScottKey Takeaways U.S. spot bitcoin ETFs lost $465 million over a 48 hour stretch last week, snapping a seven-day inflow streak. U.S. net liquidity climbed to $5.92 trillion …
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Bitcoin
A Gamer Boosted His RAM With DIY Copper Pipe Heatsinks in 45 Minutes
by Jason Scottby Jason ScottKey Takeaways Reddit user sunrise2209 built copper RAM heatsinks in 45 minutes to avoid a $20 purchase. Isabelle Maurel highlighted short-circuit risks, prompting calls for insulating pads on …
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Bitcoin
Binance Founder CZ Is Scheduled to Join an ASEAN Tech Summit Fireside Chat
by Jason Scottby Jason ScottWeekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. Binance founder Changpeng Zhao is slated to participate …
