Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Anchorage Digital and Binance launched off-exchange settlement for institutional crypto trading, allowing institutions to trade on Binance while keeping their assets in segregated custody at Anchorage Digital Bank instead of on the exchange.
Visa, Mastercard, Stripe, Coinbase, and 140+ firms have launched Open USD (OUSD), a new yield-sharing stablecoin that aims to challenge Circle and reshape the economics of the $300 billion stablecoin market.
The UK unveiled its most comprehensive crypto regulatory framework yet, requiring firms to meet capital, stress-testing, and market-abuse standards while easing some stablecoin rules.
Strategy (MSTR) shares surged 14% at times on Monday after the company unveiled a sweeping capital overhaul, leading a broad rally in bitcoin-linked stocks despite Bitcoin remaining under pressure near $60,000.
JPMorgan urged Congress to pass clear digital asset legislation with robust safeguards, warning that without robust oversight, crypto innovation could create shadow-banking risks and undermine financial stability.
Fidelity says Bitcoin's current crypto winter could end if history repeats and one or more major catalysts emerge, including the four-year cycle, clearer regulation, Federal Reserve easing, a new breakout crypto use case, or a fresh wave of institutional adoption.
Clarity Act enters a critical two-week stretch as Senate negotiators race to resolve disputes over Trump ethics provisions, law enforcement concerns, and market structure rules before a narrow pre-August recess window for a floor vote.