Month: July 2025

SEC Opens Door for In-Kind Redemptions in Crypto ETFs

The U.S. Securities and Exchange Commission has approved in-kind redemptions for spot Bitcoin and Ethereum exchange-traded products. This means ETF issuers and authorized participants can now deliver or receive actual Bitcoin or Ether when creating or redeeming shares. Until now, they had to use cash. This rule change brings...
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PayPal Launches “Pay With Crypto” for U.S. Merchants

PayPal is getting ready to launch a new feature called Pay With Crypto, and it’s coming to U.S. merchants in the next few weeks. Businesses will be able to accept over 100 cryptocurrencies, including Bitcoin, Ethereum, USDT, and Solana. Once a customer pays, the crypto is automatically converted into...
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Cynthia Lummis Proposes Bill To Include Digital Assets Like Bitcoin, Ethereum In Mortgage Lending, Targeting Younger Homebuyers

Sen. Cynthia Lummis (R-Wyo.) proposed a bill on Tuesday that seeks to incorporate cryptocurrencies into the mortgage eligibility process. What Happened: The proposed legislation, dubbed the 21st Century Mortgage Act, requires government-sponsored enterprises to consider digital assets, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), for single-family home loans. If passed,...
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ARK Invest Buys Another $15.3M Worth of Ether Strategy Firm BitMine Immersion

ARK Invest increased its investment in ether treasury company BitMine Immersion Technologies for a second straight day, buying $15.3 million worth of the shares on Tuesday. Cathie Wood’s investment management firm added 477,498 BMNR shares across its Innovation (ARKK), Next Generations Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds...
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FIS, Circle Team Up To Enable Stablecoin Transactions For Financial Institutions

Fidelity National Information Services Inc. (NYSE:FIS) has teamed up with Circle Internet Group Inc. (NYSE:CRCL) to facilitate the use of stablecoins by financial institutions. What Happened: The partnership between FIS and Circle will allow U.S. financial institutions to conduct transactions using the USDC stablecoin. This initiative follows the approval...
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Massive Move Incoming? PENGU Charts Flash Green

TL;DR TD Sequential flashes buy signal as RSI forms divergence, hinting at trend reversal for PENGU. The meme coin’s price holds trendline support near the channel bottom, setting up for a possible breakout. Over 563,000 holders and rising demand indicate vigorous network activity despite the recent price pullback. Technical...
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