Citigroup plans to begin offering bitcoin custody later this year, bringing crypto into the same infrastructure it uses to safeguard traditional assets for institutional investors. On Tuesday, the bank’s institutional infrastructure arm announced the launch of Custody+, a suite of services designed to make custody, settlement, foreign exchange and cash management faster. The service, which […]

It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they become cheap enough. The comments during a Monday Q&A follow a rough stretch for Strategy’s common shareholders. MSTR is down about 38% this year and 73% year-over-year, driven in large part by bitcoin’s BTC$64,282.99 decline, […]

Ethereum treasury company Bitmine Immersion added more of the token to its balance sheet, bringing its total holdings up to 5.815 million tokens. In an announcement Monday, the company led by Chairman Tom Lee said it bought another 9,926 ETH last week, continuing its streak of weekly buys that began in June 2025 when the […]

That testing has implications beyond speculative trading. As stablecoins move further into mainstream finance, networks will need to handle everything from multi-million-dollar transfers to everyday consumer payments. “It needs to be cost-effective to send $100 million in stablecoins,” Macellari said. “But it also needs to be cost-effective to send $3.” The fund’s active approach also […]

Blockchain-based prediction markets platform Polymarket is looking to raise fresh capital at a $20 billion valuation, Bloomberg reported Tuesday, citing people familiar with the matter. According to the person, the company closed a funding round at a $15 billion valuation in April which included a $600 million investment from the Intercontinental Exchange, the owner of […]

BNY has tapped crypto financial services firm Galaxy (GLXY) to add staking capabilities to its digital asset custody platform, the companies announced Tuesday. The new service will allow institutional clients to stake digital assets held in custody through BNY’s platform, pending regulatory approval. Galaxy will provide the staking infrastructure while also serving as a design […]

Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to $38 from $106, citing a weaker long-term earnings outlook. The stock, which slid 6% following the report, has fallen about 30% year-to-date, reflecting growing investor concern over the outlook for USDC, the company’s dollar-backed stablecoin […]

Unlike AI, which has driven a surge in demand for graphics processors to train and run large language models, quantum computing targets a different class of challenges. Researchers say the technology could accelerate molecular simulations, optimize complex logistics networks, advance materials science and improve cryptography. Krishna said IBM has already demonstrated some of that potential, […]

Coinbase said it captured a record 10.3% share of global crypto trading volume during the quarter, its third consecutive quarterly gain. Analysts at Benchmark, Oppenheimer, Clear Street and Cantor all highlighted the figure as evidence that trading activity is consolidating onto larger regulated exchanges during periods of market stress. Several also pointed to derivatives, where […]

In a post on X, CEO Brian Armstrong pointed to the company’s expanding businesses beyond spot trading, including stablecoins, Base and prediction markets, noting that Coinbase reached a record 10.3% share of global crypto trading volume during the quarter. CFO Alesia Haas struck a more measured tone, saying crypto market conditions were challenging as industry […]