Institutional Adoption — News - Page 40

Grayscale: Strategy Bitcoin Model Under First Stress Test as BTC Falls 21%

Grayscale: Strategy's Bitcoin model is under its first stress test. STRC below $100, cash at $900M. BTC fell 21% in 10 days after first BTC sale since 2022.

Nataliia DorofieievaJune 6, 20263 min read

Stablecoins

Western Union USDPT Stablecoin Listed on Bybit as Payment Giants Race In

Western Union's USDPT stablecoin is live on Bybit, the first major exchange to list it. MoneyGram, Mastercard, and Visa all made stablecoin moves the same week.

Nataliia DorofieievaJune 5, 20263 min read

Institutional

JPMorgan, Citi and Bank of America Build Shared Blockchain to Protect Deposits

JPMorgan, Citi and Bank of America plan a shared tokenized deposit network by 2027 to compete with stablecoins on speed and yield.

Nataliia DorofieievaJune 5, 20263 min read

Bitcoin

First Fannie Mae-Backed Bitcoin Mortgage Closed

A Michigan couple closed the first Fannie Mae-backed mortgage using Bitcoin as collateral via Coinbase and Better. No BTC sale, no capital gains tax.

Nataliia DorofieievaJune 4, 20263 min read

Bitcoin

Mt. Gox Moves $739M in Bitcoin: What Creditors and the Market Can Expect

Mt. Gox moved 10,306 BTC ($739M) from cold wallets for the first time since March. What the transfer means for creditors and when to expect payouts.

Nataliia DorofieievaJune 2, 20263 min read

Altcoins

Grayscale HYPE ETF Could Launch This Week with 0.29% Fee

Grayscale filed its 6th HYPE ETF amendment with ticker HYPG and a 0.29% fee. Bloomberg analyst James Seyffart says launch is likely imminent this week.

Nataliia DorofieievaJune 2, 20262 min read