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Bitcoin’s ‘digital credit’ yield trade breaks below par as margin calls hit $10 billion market

Bitcoin’s emerging digital-credit trade broke below its promise of calm this week.This week, Strategy’s STRC preferred shares fell as low as $82.50 before rebounding,...

Texas questions whether AI data centers should pay for the grid they strain

Texas spent years courting AI companies, cloud providers, and Bitcoin miners with cheap electricity, abundant land, and a sales tax exemption that's grown into...

AI is pushing crypto media into a fight over trusted market data

Artificial intelligence is commoditizing news and routine research across the industry, and it's pushing crypto media companies to rebuild themselves as data platforms, analytics...

Illinois’ new crypto tax puts users under a burden stocks do not face

Illinois Gov. J.B. Pritzker has signed a $55.9 billion state budget that includes a first-of-its-kind 0.2% tax on crypto assets.The Digital Asset Tax Act,...

Global $2.75B payments deal shows stablecoins moving into the rails they were meant to bypass

Nuvei agreed to buy Payoneer for $2.75 billion in cash in a deal centered on money movement through merchant acquiring, payouts, FX, cards, risk...

Bitcoin ETF outflows expose split demand after Warsh’s Fed debut

US spot Bitcoin ETFs turned negative on June 17, yet fund-level flows revealed a split market, with some products still attracting fresh capital.Farside Investors...
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