Crypto News

Samourai Wallet Co-Founders Poised to Flip Pleas: Report 

Reports suggest a major twist is about to unfold in the Samourai Wallet case, with the co-founders expected to flip their pleas—hinting that the courtroom drama may be drawing to a close. At the heart of the case are Keonne Rodriguez and William Lonergan Hill, co-founders of the bitcoin ( BTC) mixing platform Samourai Wallet.Source link

Twenty One to Add 5,800 Bitcoin Ahead of Listing, Holdings Top 43,500 BTC

Twenty One Capital Inc. expects to acquire approximately 5,800 additional bitcoins from Tether before closing its planned public listing, increasing its total holdings to over 43,500 BTC. Twenty One Bitcoin Holdings to Reach 43,500 BTC Pre-Listing with Tether Boost The Austin-based firm anticipates receiving the bitcoin (BTC) upon closing its business combination with special-purpose acquisitionSource link

US Senator Pushes Bill to Include Crypto in Mortgage Eligibility

A groundbreaking bill forces federal mortgage giants to recognize digital assets in loan decisions, unlocking homeownership for crypto holders without requiring conversion to cash. New Bill From Senator Lummis Puts Crypto Into US Housing Finance Equation U.S. Senator Cynthia Lummis (R-WY) unveiled the 21st Century Mortgage Act on July 29, aiming to modernize federal mortgageSource link

DOGE, SOL and XRP Lead Altcoin Losses as Rate Jitters and Leverage Unwind Hit Crypto

Altcoins slid sharply Tuesday as traders braced for a wave of economic events, including a Federal Reserve interest rate decision due Wednesday.Leading the pack are XRP, solana (SOL) and cardano (ADA) which all fell more than 3% over the past 24 hours as well as dogecoin (DOGE), avalanche (AVAX) and sui (SUI) which are down more than 5%.The continuing sell-off has dragged XRP and SOL down about 13% over the past seven days. DOGE plunged even further, about 18% over the same period.Bitcoin (BTC), on the other hand, is trading roughly flat over the past 24 hours at $117,312.Altcoins have been under pressure since early last week as traders piled into leveraged bets. A packed calendar of economic data is...

Bakkt Sheds Loyalty Division as It Doubles Down on Crypto

The firm is selling its loyalty business and raising $75 million as it shifts to crypto custody, trading, and stablecoin infrastructure.Source link