Lawmakers and banking representatives discussing stablecoin regulation in a Capitol meeting room.
Bitcoin News

US Banks Reject CLARITY Act Stablecoin Language, Warn of Deposit Risks

America’s largest banking groups said Monday that the CLARITY Act’s proposed language on stablecoin yield still fails to adequately protect bank deposits, despite acknowledging that lawmakers are seeking the correct policy goal. The dispute threatens to stall the bipartisan bill ahead of the November 2026 midterm elections. Bankers Push for Stronger Yield Prohibition The American […]

Polygon private stablecoin payment interface with shielded transaction and zero-knowledge proof icons in a professional institutional setting
Bitcoin News

Polygon launches private stablecoin payments for institutions with Hinkal integration

Ethereum scaling solution Polygon has introduced private stablecoin payments aimed at attracting more businesses and institutions to its network. The feature, announced on Sunday, integrates with privacy protocol Hinkal to enable users to route transactions through a shielded pool, with verification handled by zero-knowledge proofs. Operational privacy for mainstream adoption Polygon community lead Smokey emphasized […]

Financial trading screens showing Bitcoin price rally past $80,000 with green charts
Bitcoin News

Bitcoin ETFs attract nearly $1 billion as BTC reclaims $80,000 in multi-day rally

Spot Bitcoin exchange-traded funds (ETFs) recorded nearly $1 billion in net inflows over two trading days this week, coinciding with Bitcoin’s price surging back above the $80,000 mark. The influx signals sustained institutional demand despite recent market volatility and a significant drawdown in the underlying asset. Two-day inflow surge marks strong investor appetite According to […]

Interior of a modern data center with GPU servers and blue lighting, representing AI infrastructure investment.
Bitcoin News

K Wave Media pivots from Bitcoin treasury to AI infrastructure in strategic overhaul

K Wave Media, a Nasdaq-listed media and entertainment company, has abandoned its previously announced Bitcoin treasury strategy, redirecting up to $485 million in remaining financing capacity toward artificial intelligence infrastructure. The move, disclosed in a Monday Form 6-K filing with the U.S. Securities and Exchange Commission, marks a significant strategic reversal for the firm. Capital […]

Newsroom monitors showing Bitcoin price charts at $80,000 and financial data
Bitcoin News

SEC delays prediction market ETFs, Bitcoin reclaims $80K, and Strategy pauses buys: Crypto news today

The United States Securities and Exchange Commission (SEC) has delayed the anticipated launch of the first exchange-traded funds (ETFs) tied to prediction markets, while Bitcoin surged past $80,000 for the first time since January. Meanwhile, Strategy executive chairman Michael Saylor announced a pause in Bitcoin purchases ahead of the company’s first-quarter earnings report. Here is […]

Interior of a modern data center with rows of servers and cooling systems, representing Bitcoin mining and AI infrastructure.
Bitcoin News

Hut 8 secures $200M Bitcoin-backed credit facility from FalconX, cuts interest rate to 7%

Nasdaq-listed Bitcoin mining and energy infrastructure company Hut 8 has secured a $200 million Bitcoin-backed credit facility from institutional crypto prime brokerage FalconX. The new facility replaces the company’s prior credit agreement with Coinbase Credit and lowers its fixed interest rate from 9% to 7%, according to a Monday announcement. Refinancing unlocks Bitcoin reserves The […]