S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalization-weighted crypto indexes.
Crypto
Tesla holds bitcoin treasury steady, reports $112M impairment loss
The electric vehicle maker reported an after-tax impairment loss of $112 million on its digital asset holdings, according to its latest earnings release. Tesla has neither bought nor sold any bitcoin since 2022.
Crypto PAC pours $1M into Michigan Democratic primary race
Donavan McKinney, running against Michigan incumbent Shri Thanedar, said that “the crypto lobby is paying my opponent back for helping Trump“ with the PAC-funded ads.
Kraken Parent Company Makes Moves to Offer xStocks From Global Markets
Payward, the parent company of crypto exchange Kraken, teamed up with global fintech GTN on Wednesday to push xStocks outside the U.S. market for the first time.
Alibaba's New Qwen Image 3 AI Wants to Be Useful, Not Just Pretty
Alibaba's Qwen team launched Qwen Image 3.0 on Tuesday, and the pitch has nothing to do with how beautiful the output looks. It's about whether the output can actually be used at work.
Franklin Templeton Says Agentic AI Is Crypto's 'Killer Use Case'
Sandy Kaul, Head of Digital Assets and Innovation at Franklin Templeton, has a message for anyone who thinks buying Nvidia stock covers their AI exposure: It doesn't.
Politicians And Crypto Leaders Clash Over Newly Released CLARITY Act Text
The post Politicians And Crypto Leaders Clash Over Newly Released CLARITY Act Text appeared first on Coinpedia Fintech News
Bitcoin Is Bouncing: Here’s the Bull and Bear Case for Its Next Move
The crypto market has been watching Bitcoin very carefully this week, and for once, what it found on the chart was at least partly reassuring.
US officials barred until 2029 from issuing or sponsoring tokens under CLARITY’s proposed ethics rules
Senate Republicans have released the proposed text for the Digital Asset Market Clarity (CLARITY) Act, including language on ethics that would bar all US federal officials — including President Donald Trump — from issui…
XRP Price Prediction For July 23
XRP is holding near the $1.13 on Friday, a level that has served as critical support for several weeks and remains the most important price point on the chart heading into the weekend.
Anthropic joins UK FCA’s AI regulatory sandbox as second cohort launches
Anthropic will provide Claude AI models to companies participating in the UK Financial Conduct Authority’s next Supercharged Sandbox cohort, as the regulator pushes to test AI applications in financial services.
New Ethics Rule Bars President From Digital Asset Profits
The post New Ethics Rule Bars President From Digital Asset Profits appeared first on Coinpedia Fintech News
Clarity Act Latest Draft Bars Trump From Crypto Ventures—But Only Until 2029
The latest, and potentially final, version of the long-awaited Clarity Act is circulating in the U.S. Senate, and it now includes the hotly debated ethics provision Democrats have been asking for: restrictions on the pr…
SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are structured and operated.
XRP Ledger’s Largest Asset Sits Frozen by Design, Analyst Finds
A new analysis is challenging the widely repeated claim that half of the tokenized asset market has stalled. The argument centers on a single token most XRP watchers have never mentioned.
ARB Price Eyes Recovery as Robinhood Chain Revenue and RWA Push Boost Arbitrum Ecosystem
The post ARB Price Eyes Recovery as Robinhood Chain Revenue and RWA Push Boost Arbitrum Ecosystem appeared first on Coinpedia Fintech News
APT Price Holds Near ATL as Aptos Ecosystem Expands Onchain Trading Capabilities
The post APT Price Holds Near ATL as Aptos Ecosystem Expands Onchain Trading Capabilities appeared first on Coinpedia Fintech News
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.
Hugging Face CEO Thanks Chinese AI for Saving the Day After OpenAI Hack
Hugging Face CEO Clément Delangue just sent the most pointed thank-you note in AI right now—to a Chinese startup—the day after OpenAI confirmed its own models broke into Hugging Face's servers.
Matt Damon’s Crypto Links Stay Charitable as $33.8M Real Estate Portfolio Takes Center Stage
The post Matt Damon’s Crypto Links Stay Charitable as $33.8M Real Estate Portfolio Takes Center Stage appeared first on Coinpedia Fintech News
New draft of Clarity Act is out, and it would impose limits on Trump's crypto empire
A would-be final version of the Digital Asset Market Clarity Act is circulating as the U.S. Senate sets up for its last major effort to get the crypto industry's long-awaited market structure bill into law, and it final…
BitGo, OTC Markets plan tokenized securities access for broker-dealers
The proposed alliance would enable more than 150 broker-dealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody infrastructure.
Bitcoin price avoids major Iran jitters as S&P 500 ‘short squeeze’ on horizon
Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC price action outperforming equities later.
Revolut hits $115 billion valuation in employee share sale: WSJ
Crypto-friendly digital bank Revolut has been valued at $115 billion in a secondary share sale, lifting the company’s valuation by 53% in less than a year.