Crypto, page 3
Coins, stablecoins and tokenized assets, and who ends up holding the risk.
The SEC reopened the ETF rulebook. Crypto's fast lane is the target.
On July 2 the SEC asked 27 questions about novel ETFs. The wording points at the rule that let single-asset crypto funds list in weeks. Read it.
Bitcoin ETFs bled a record $4B in June. Read the exit.
US spot Bitcoin ETFs shed a record $4B in June, most of it from one BlackRock fund. The wrapper sold as a floor became the fastest exit down.
BlackRock added Ethena's USDe to Aladdin. Read the yield engine.
BlackRock added USDe to its $20T Aladdin platform and opened a $100M stablecoin facility for BUIDL. The plumbing changed. The basis-trade yield did not.
Ethereum Foundation cut 20% of staff: read the endowment math
The Ethereum Foundation cut 54 jobs and 40% of its 2026 budget. The bigger move is turning an ETH-selling treasury into an endowment that lives on yield.
Bitcoin is back on its 200-week line, moving with chips not gold
Bitcoin sits on the 200-week average that marked past bottoms, down with the Nasdaq while gold prints records. Here is what the correlation tells you.
Circle's cirBTC is live. Read what changes in wrapped Bitcoin.
Circle launched cirBTC on June 8 with real-time Chainlink reserves. The fight with WBTC and cbBTC is about the trust model, not the backing.
SpaceX trades on Solana from day one. Read what the token is.
When SpaceX hits Nasdaq today, a tokenized version goes live on Solana the same hour. The token is a Backpack custody claim with 24/7 trading and no SIPC.
GENIUS Act stablecoins: holders rank fifth in issuer bankruptcy
The FDIC just confirmed: stablecoin holders get no pass-through coverage. The GENIUS Act promises first priority. In court, holders are fifth in line.Why Strategy sold 32 Bitcoin: the math says it had to
Strategy sold 32 BTC for $2.5M to fund preferred dividends. The $1.712B annual bill against a $900M reserve made the move mechanical, not symbolic.