BlackRock Launches Two Tokenized Money Market Funds for Stablecoin Issuers

BlackRock has launched two new tokenized money market funds, targeting US stablecoin issuers under the GENIUS Act. This move positions BlackRock as a key player in the evolving landscape of crypto finance, as both funds are eligible reserve assets. The announcement came from prominent CryptoTwitter commentator @NateGeraci, highlighting the continuing trend of major financial institutions […]

BitMine Stakes 87% of Its Ethereum Holdings in Fresh Conviction Bet

Tom Lee’s BitMine Immersion Technologies staked another 150,120 Ethereum (ETH) tokens, worth roughly $278 million. The move deepens one of the largest corporate bets on Ethereum’s proof-of-stake network. Blockchain analytics account Lookonchain flagged the transaction hours after it happened on August 4. It lifts BitMine’s total staked ETH to 5,067,309 tokens, worth about $9.38 billion. […]

US Interest in Bitcoin Sinks to Near 5-Year Low

According to Google Trends, searches for bitcoin have fallen to a near-historic low, even as one of the industry’s key regulatory pieces, the Clarity Act, is expected to be voted on in the U.S. Senate this week. Interest in Bitcoin Drops to Near-Historic Lows in the US While President Trump has put crypto front and […]

XYLO Unveils Stablecoin Savings Platform as Market Shifts Toward Asset Management

As the stablecoin market swells beyond $300 billion in circulating supply, the industry’s focus is shifting from simple ‘payments’ to ‘asset management’—and a central question is emerging: how can on-chain dollars that sit idle in wallets be put to work without forcing users to navigate complex DeFi mechanics? XYLO said it is preparing a major […]