๐ฅ BREAKING: Bit Origin (NASDAQ: BTOG) plans to raise up to $500M through $400M in stock sales and $100M in convertible debt to purchase Dogecoin. This marks it as the first U.S.-listed company to integrate $DOGE as a key treasury asset.
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๐บ๐ธ UPDATE: The House has successfully passed all three cryptocurrency bills โ the CLARITY Act (294-134), GENIUS Act (308-122), and the Anti-CBDC Act (219-210).
The GENIUS Act is now on its way to President Trump's desk, where it will be signed into law tomorrow afternoon at the White House.
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The GENIUS Act is now on its way to President Trump's desk, where it will be signed into law tomorrow afternoon at the White House.
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๐บ๐ธ UPDATE: According to SEC Chair Paul Atkins, the agency is exploring a regulatory innovation exception to encourage tokenization after the recent approval of significant stablecoin legislation by the House.
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๐บ๐ธ UPDATE: The White House announces that President Trump backs a de minimis tax exemption for Bitcoin and cryptocurrency, and they will keep looking into legislative measures to achieve this.
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๐ Hereโs a recap of the past 24 hours of news!
๐บ๐ธ The US Marshals Service has revealed it holds 28,988 seized bitcoins valued at $3.4 billion, according to the latest FOIA request from The Rage.
๐ฅ A longtime Bitcoin owner has transferred 40,192 of their 80,009 bitcoins, worth $4.77 billion, to a new wallet, likely for sale.
๐ฅ On July 16, spot Ethereum ETFs in the US experienced inflows of $726.6 million, marking the largest since their inception.
๐บ๐ธ A new congressional bill proposes that lenders must take cryptocurrency investments into account when evaluating mortgage creditworthiness.
๐จ The SEC has once again delayed its verdict on Bitwiseโs proposal to allow in-kind redemptions for Bitcoin and Ethereum ETFs.
โก๏ธ XRP's market capitalization has exceeded $185 billion for the first time.
๐ An original ICO investor in Ethereum has turned $416 into $4.9 million, moving 729 ETH worth $2.53 million to Kraken, while keeping $2.07 million staked.
โก๏ธ Matador Technologies has announced a $656 million plan to accumulate 6,000 bitcoins by 2027, aiming for a position among the top 20 corporate holders.
๐ฅ Bit Origin is set to raise up to $500 million to invest in Dogecoin, becoming the first U.S.-listed company to use $DOGE as a primary treasury asset.
๐บ๐ธ BlackRock has applied to include staking in its Spot Ethereum ETF.
๐บ๐ธ Three significant crypto bills have passed the House: the CLARITY Act (294-134), the GENIUS Act (308-122), and the Anti-CBDC Act (219-210).
๐บ๐ธ SEC Chair Paul Atkins indicated that the SEC might consider a regulatory exception to foster innovation in tokenization, following the House's approval of a notable stablecoin bill.
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๐บ๐ธ The US Marshals Service has revealed it holds 28,988 seized bitcoins valued at $3.4 billion, according to the latest FOIA request from The Rage.
๐ฅ A longtime Bitcoin owner has transferred 40,192 of their 80,009 bitcoins, worth $4.77 billion, to a new wallet, likely for sale.
๐ฅ On July 16, spot Ethereum ETFs in the US experienced inflows of $726.6 million, marking the largest since their inception.
๐บ๐ธ A new congressional bill proposes that lenders must take cryptocurrency investments into account when evaluating mortgage creditworthiness.
๐จ The SEC has once again delayed its verdict on Bitwiseโs proposal to allow in-kind redemptions for Bitcoin and Ethereum ETFs.
โก๏ธ XRP's market capitalization has exceeded $185 billion for the first time.
๐ An original ICO investor in Ethereum has turned $416 into $4.9 million, moving 729 ETH worth $2.53 million to Kraken, while keeping $2.07 million staked.
โก๏ธ Matador Technologies has announced a $656 million plan to accumulate 6,000 bitcoins by 2027, aiming for a position among the top 20 corporate holders.
๐ฅ Bit Origin is set to raise up to $500 million to invest in Dogecoin, becoming the first U.S.-listed company to use $DOGE as a primary treasury asset.
๐บ๐ธ BlackRock has applied to include staking in its Spot Ethereum ETF.
๐บ๐ธ Three significant crypto bills have passed the House: the CLARITY Act (294-134), the GENIUS Act (308-122), and the Anti-CBDC Act (219-210).
๐บ๐ธ SEC Chair Paul Atkins indicated that the SEC might consider a regulatory exception to foster innovation in tokenization, following the House's approval of a notable stablecoin bill.
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๐จ โโUPDATE: The board of Thumbzup Media Corporation has given the green light for the company to invest up to $250 million in cryptocurrencies such as Bitcoin, Ethereum, Solana, Ripple, Dogecoin, Litecoin, and the stablecoin USDC.
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