Gov. Walz Signs Bitcoin Custody Bill, Letting Minnesota Banks Hold Crypto Aug. 1
Key TakeawaysMinnesota Gov. Tim Walz signed HF 3709, letting state-chartered banks offer bitcoin and crypto custody.The law takes effect Aug. 1, 2026, requiring a 60-day Commerce Department notice before services launch.St. Cloud Financial Credit Union reported 20% of...
Blackrock and Ark Drive $1B Bitcoin ETF Selloff as XRP Demand Accelerates
Key TakeawaysBitcoin ETFs lost $1B, ending a 6-week inflow streak led by ARKB and IBIT exits.Ether ETFs shed $255M, while XRP and solana gained $60.5M and $58.12M, respectively.XRP and solana demand rose as investors favored crypto assets tied to regulation and...
Bitmine Buys 71,672 ETH in One Week as Tom Lee Targets 5% of Ethereum Supply
Key TakeawaysBitmine holds 5.28M ETH at 4.37% of total supply, targeting 5% of the 120.7M token float by end of 2026.BMNR staking 4.7M ETH generates $289M in annualized revenue at a 2.80% seven-day yield.Tom Lee says CLARITY Act odds exceed Polymarket’s 61% estimate,...
Bitcoin Depot Shuts ATM Network as Chapter 11 Pushes Asset Sale
Key TakeawaysBitcoin Depot began Chapter 11 to wind down operations and sell company assets.Regulatory pressure has tightened BTM rules through transaction limits, licensing, and compliance obligations.International entities will follow separate proceedings as the...Interesting 13
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