🇺🇸📊 #USDT US Investors Are Inflowing Stablecoins to Exchange Again
“Generally, when funds inflow to exchanges, buying power tends to increase. This manifests as an upward price trend.”. #stablecoin
“Generally, when funds inflow to exchanges, buying power tends to increase. This manifests as an upward price trend.”. #stablecoin
🆕 #BTC #ETH BNY Mellon’s Belgian unit and BitPay are among 15 new CASPs added to ESMA’s MiCA register.
This brings the total to 309 licensed providers. #regulation
This brings the total to 309 licensed providers. #regulation
🥷 #ZEC Zcash to Activate Ironwood Upgrade With New Shielded Pool and Supply Safeguards
Zcash is expected to activate its Ironwood network upgrade at block height 3,428,143 on July 28. The upgrade introduces a new shielded pool with quantum-recoverable notes and a turnstile mechanism designed to strengthen verification of the ZEC supply following concerns over a potential counterfeiting vulnerability in the legacy Orchard pool.
Zcash is expected to activate its Ironwood network upgrade at block height 3,428,143 on July 28. The upgrade introduces a new shielded pool with quantum-recoverable notes and a turnstile mechanism designed to strengthen verification of the ZEC supply following concerns over a potential counterfeiting vulnerability in the legacy Orchard pool.
🇺🇸🏦 #MSTR #BTC Strategy sold 5.43 million MSTR shares for $544.5 million in net proceeds between July 20 and July 26. The company repurchased 288,930 STRC preferred shares for $25 million and made no bitcoin purchases during the week, continuing to hold 843,775 BTC, acquired for $63.69 billion at an average price of $75,476. Its U.S. dollar reserve increased to $3.75 billion.
🇺🇸📝 USA - Durable Goods Orders (June) = +0.3% m/m (exp +1.6% / prior -4.5%) #macro
💰🤝 Kraken parent Payward acquired Magic Labs’ embedded wallet business through an asset purchase. The business will move to Payward Services, while Magic Labs will become Newton Labs and focus on Newton Protocol. Magic previously raised over $80 million, including a $52 million round led by PayPal Ventures in 2023. Financial terms were not disclosed.
👨💻 #USDC Circle acquires around 1000 IBM patents covering blockchain infrastructure, banking, payments, insurance, supply chains, and secure cloud operations.
The company stated that the deal makes it the largest holder of blockchain patents in the US and will support products such as USDC, Circle Payments Network, Arc, and agency financing tools.
The company stated that the deal makes it the largest holder of blockchain patents in the US and will support products such as USDC, Circle Payments Network, Arc, and agency financing tools.
📝 Punchbowl News Senior Reporter Brendan Pedersen reports they "still expect an initial vote before August 7" for the Clarity Act.