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news.bitcoin.com Cardone Capital Adds 1,000 BTC to Balance Sheet

Real estate tycoon Grant Cardone’s private equity firm Cardone Capital announced a 1,000 BTC acquisition on Friday, June 27. The bitcoin ( BTC) is worth more than $100 million at current prices and is part of Cardone’s foray into implementing a bitcoin treasury strategy after a curious meeting he had with Michael Saylor, Chairman of […]

bitcoinist.com Crypto Fever Reaches German Banking Giants—Retail Trading Coming By 2026

Sparkassen‑Finanzgruppe, Germany’s biggest savings bank network, plans to let over 50 million customers trade crypto by summer 2026. This marks a major transformation in Germany’s financial landscape. Related Reading: Bold Brew: Spanish Coffee Giant OKs $1.17 Billion Bitcoin Strategy Sparkassen once blocked crypto buys in 2015, calling them too risky and volatile. Now it’s preparing to hand […]

blockonomi.com XRPL EVM Sidechain Unlocks XRP Liquidity for Ethereum DeFi Builders

TLDR:  XRPL EVM Sidechain is now live with Ethereum compatibility and XRP as native gas token. Developers can deploy Solidity apps using MetaMask, Hardhat, and standard EVM tooling. Sidechain processes 1000 TPS with lower fees than Ethereum, optimized for Web3 scale. Projects like Strobe, Vertex, and Securd are building DeFi tools on the new sidechain. [...] The post XRPL EVM Sidechain Unlocks XRP Liquidity for Ethereum DeFi Builders appeared first on Blockonomi.

news.bitcoin.com Tether Signs MoU to Advance Financial Inclusion in East Africa

Stablecoin issuer Tether has partnered with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and drive financial innovation in developing regions. Advancing Financial Literacy Stablecoin issuer Tether has signed a pivotal Memorandum of Understanding (MoU) with the Zanzibar e-Government Authority (eGAZ) to advance digital asset education and financial innovation across developing regions. Tether […]

blockonomi.com Marathon Digital Battles Weather Woes as BTC Output Slides, Growth Plan Intact

TLDR: Marathon Digital targets 75 EH/s by end of 2025, up over 40% from current levels. June BTC output fell 25% due to weather, old machines, and pool volatility. Energized hashrate dipped to 57.4 EH/s, but reserves hit 49,940 BTC. Growth is backed by 1.7 GW of energy, with 3 GW pipeline under development. Marathon [...] The post Marathon Digital Battles Weather Woes as BTC Output Slides, Growth Plan Intact appeared first on Blockonomi.

blockonomi.com South Africa’s Eskom Eyes Bitcoin Mining to Offset Energy Surplus and Soaring Debt

TLDR: Eskom eyes Bitcoin mining as electricity demand drops and R403B debt mounts. Power surplus from renewables could attract crypto miners seeking cheap energy. Diesel usage spiked to R4.51B amid outages, prompting urgency for new strategies. Municipal debts exceed R90B, worsening Eskom’s cash crisis and pressuring reform. South Africa’s state power utility Eskom is exploring [...] The post South Africa’s Eskom Eyes Bitcoin Mining to Offset Energy Surplus and Soaring Debt appeared first on Blockonomi.

bitcoinist.com Bitcoin Network Sees Spike In Realized Profits – Still Far From Late 2024 Highs

Bitcoin is currently trading at critical levels, holding firmly above $105,000 but struggling to break through the $109,000 resistance zone. This range has become a decisive battleground between bulls and bears, with market participants closely watching for a breakout or breakdown in the coming days. While bulls remain in control and continue to defend key […]

blockonomi.com Chinese Mobility Giant Webus Locks Down $100M for XRP Treasury Expansion

TLDR: Webus inks $100M equity line with Ripple Strategy Holdings for XRP treasury growth. Funds will support blockchain payments, loyalty systems, and delegated crypto asset management. Webus targets tokenized payments across its luxury mobility platform Wetour. XRP adoption rises in Asia as firms explore real-time, cross-border blockchain solutions. Webus International has signed a major funding [...] The post Chinese Mobility Giant Webus Locks Down $100M for XRP Treasury Expansion appeared first on Blockonomi.

news.bitcoin.com Deutsche Bank to Launch Crypto Custody Platform in 2026

Deutsche Bank is preparing to enter the crypto custody arena in 2026, joining forces with Bitpanda and Taurus as the digital asset race accelerates across global finance. Germany’s largest lender is reportedly advancing its move into the crypto sector by establishing a digital custody platform designed to store and safeguard tokenized assets and cryptocurrencies. Collaborating […]

blockonomi.com Deutsche Bank to Launch Digital Asset Custody by 2026 with Bitpanda and Taurus Support

TLDR:  Deutsche Bank to debut institutional crypto custody via its corporate banking arm by  2026. Bitpanda and Taurus supply tech for Deutsche Bank’s institutional crypto custody rollout. Lender assesses stablecoins and deposits, weighing issuer or reserve‑manager roles. Clearer EU and U.S. rules are sparking demand for bank‑level crypto services. Deutsche Bank is preparing to enter [...] The post Deutsche Bank to Launch Digital Asset Custody by 2026 with Bitpanda and Taurus Support appeared first on Blockonomi.

bitcoinist.com DOJ Charges North Korean Nationals for Crypto Theft and Identity Fraud in US

The United States Department of Justice (DOJ) has revealed coordinated enforcement actions against an alleged North Korean operation designed to infiltrate US companies and steal crypto assets. According to the DOJ, North Korean nationals posed as US citizens to gain remote IT jobs, steal sensitive company data, and launder cryptocurrency earnings, generating funds believed to […]

news.bitcoin.com Supreme Court Declines Crypto Privacy Case, Upholds IRS Access Without Warrant

The Supreme Court’s refusal to hear a major crypto privacy case leaves intact rulings that uphold the IRS’ power to obtain bitcoin user data without consent. IRS Retains Authority to Access Bitcoin Transaction Data Without User Consent A constitutional challenge over the Internal Revenue Service’s (IRS) ability to obtain cryptocurrency transaction records without a warrant […]

bitcoinist.com Dogecoin Enters Distribution Phase After Crash Below $0.15, Next Steps Revealed

According to the latest Power of Three (PO3) H1 analysis by crypto market analyst Trader Tardigrade, Dogecoin (DOGE) has officially entered a distribution phase following a sharp breakdown below the critical $0.15 support. This move signals a shift in market dynamics, with Dogecoin’s next moves set to push its price toward new highs.  PO3 Pattern […]

bitcoinist.com Bitcoin LTH Unrealized Profits Decline – Data Shows Cycle Still Has Room To Run

Bitcoin is confronting a pivotal moment after failing to break the crucial $110,000 level. Despite bullish control over the market, BTC finds itself trapped in a period of cautious consolidation. Bulls are actively defending support levels, yet an aggressive push into new territory—often referred to as price discovery—remains elusive. Investors and analysts are now closely […]

news.bitcoin.com SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing

The SEC has approved NYSE Arca’s listing of a Grayscale large-cap fund holding bitcoin, ether, solana, XRP, and cardano, expanding regulated access to leading digital assets. SEC Approves Rule Change for Grayscale Crypto Fund Listing on NYSE Arca The U.S. Securities and Exchange Commission (SEC) on July 1 approved a rule change enabling the conversion […]

bitcoinist.com Ripple Is ‘Infinitely’ Worse Than Tether, Says ZachXBT

A fresh burst of verbal shrapnel from on-chain investigator ZachXBT has reignited the long-running feud between the sleuth and the XRP community, with Ripple again cast as the outlier among major stable-asset ecosystems. The exchange began after WatcherGuru reported on X + that Circle, the issuer of USD Coin (USDC), has applied to become a […]

news.bitcoin.com Strategy Set to Book $14B Bitcoin Gain as Saylor’s Bet Shakes Wall Street

Michael Saylor’s Strategy is set to deliver a staggering $14 billion unrealized profit in Q2, propelled by bitcoin’s surge and a pivotal accounting change that could cement his company’s place alongside Wall Street powerhouses like JPMorgan and Amazon. What began as a struggling software firm has evolved into a dominant crypto-centric powerhouse under Saylor’s bold […]

news.bitcoin.com Design Firm Figma Reveals $70M Bitcoin ETF Stash in IPO Documents

Figma’s board also recently approved a $30 million acquisition of spot bitcoin, which will be purchased at some point in the future. Figma’s SEC Filing Reveals Major Bitcoin ETF Position Worth $70M Software giant Adobe had positioned itself to acquire smaller competitor Figma in 2022 for $20 billion. But that move was struck down by […]