Crypto News

Bitcoin hits $122K before correcting to $117K as institutional adoption grows. Regulatory clarity boosts confidence, but a Satoshi-era whale sparks sell-off fears. (Read More)Source link

Bitmine Immersion has amassed over 163,000 ETH, bringing its ethereum holdings above $500 million, more than double the proceeds from its recent $250 million private placement. Bitmine’s Ethereum Treasury Strategy Surges Past $500 Million Mark Bitmine Immersion (NYSE American: BMNR), a crypto infrastructure company focused on long-term digital asset accumulation, announced it now holds approximatelySource link

The deal would position Cantor as a major Bitcoin buyer, expanding its SPAC-led crypto strategy amid renewed political support.Source link

The Senate Agriculture Committee leapt into Congress' negotiation over crypto's market structure legislation with a hearing on Tuesday, and its ranking Democrat, Senator Amy Klobuchar, outlined the significant changes she'd like to see before she'd embrace the effort to set up digital assets regulations.As the House potentially nears passage of its own market structure bill in the Digital Asset Markets Clarity Act (despite a procedural delay on Tuesday), Klobuchar's committee will need to sign off on its own legislation. And any major changes she and other Democrats are willing to pursue as a party could stretch the legislative process much longer than the Sept. 30 deadline that Banking Committee Chairman Tim Scott has set."We're not going to be rolled here,"...

JP Morgan eyes stablecoins as U.S. legislation advances and the potential market grows.Source link