US prosecutors propose changes to CLARITY as voting window narrows: Report
A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill. Go to Source
BNY Launches Onchain Transfer Agency for Its $8.6 Trillion Fund Business
BNY Mellon is launching a digital transfer agency that will record fund transactions and investor ownership onchain. Baillie Gifford, Blackrock and BNY’s Dreyfus unit are expected to be among its first users. Baillie Gifford to Use BNY Platform for UK’s First Native Regulated Tokenized Fund BNY (Bank of New York) Mellon is putting one of … Read more
Bitcoin Traders Push Price Back to $64,400 After Fed Decision Eases Market Jitters
Bitcoin briefly surged to $64,500 before pulling back to $63,700, ending down 0.6% on the day with its market cap holding at $1.277 trillion. Moderate Pullback Limits Liquidations Bitcoin seesawed July 29 as global markets reacted to a surprise Iranian strike on a U.S. military base in Jordan and the Federal Reserve’s decision to hold … Read more
Fed Holds Rates, but 3 Hawkish Rebels Demand Hike as Inflation Fight Erupts
The Federal Reserve held its benchmark interest rate steady at 3.50% to 3.75% on July 29, but the decision came over the objections of three officials who wanted to raise borrowing costs instead. The Federal Open Market Committee voted 9 to 3 to keep the target range unchanged, citing solid economic growth alongside inflation that … Read more
Tether Sheds $5.5 Billion in USDT Supply as Stablecoin Turnover Hits a Record Pace
Stablecoin market value has declined by about $14 billion from its May peak, marking the sharpest monthly contraction since 2022. Yet record settlement volumes suggest the sector is becoming a faster-moving payments network rather than a store of idle digital dollars. Stablecoin Issuers Lose $7.7 Billion in June as Transaction Volume Jumps 63% Stablecoin supply … Read more
Moonpay Gives Claude and ChatGPT Users a Vault That Turns Prompts Into Payments
Moonpay launched a payment vault built for artificial intelligence agents on Wednesday, giving Claude and ChatGPT users a way to trade tokens, book travel and move money without handing an AI custody of their funds. The Moonpay new product, called PayBox, connects to Claude or ChatGPT through a custom connector. A user types a request … Read more
Binance launches regulated gold, silver options through ADGM exchange
New commodity options let traders gain exposure to gold and silver prices through Binance’s Abu Dhabi-regulated exchange. Go to Source
Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%
Bitcoin traders weathered an oil-price surge and ongoing Asia chip-stock sell-off into the Federal Reserve interest-rate decision. Go to Source
Morgan Stanley’s MSSE Pulls in $5M on Debut as Ether ETFs Again Top Bitcoin With $14.5M Inflow
Ether ETFs attracted $14.53 million on Tuesday, building on Monday’s gains as demand spread across three funds. Bitcoin ETFs posted a fourth straight outflow, while solana recorded its second-largest withdrawal since launch. Blackrock Pulls $54.83M From IBIT as Bitcoin ETF Outflows Reach Four Days Institutional crypto demand split further on Tuesday, July 28. Ether funds … Read more