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3IQ’s XRP ETF launch opens broad institutional access to XRP, backed by Ripple, secured with cold storage, and offered with zero management fees, positioning it strongly in the expanding crypto ETF market. 3IQ Unleashes XRP ETF With Ripple Backing Digital asset manager 3IQ Corp. announced on June 18 the launch
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Bitdeer Technologies Group, a Bitcoin mining company based in Singapore, announced the offer of $330 million in senior convertible notes to support multiple initiatives, including data center expansion and further development of ASIC-based mining rigs.According to the announcement, the convertible notes will be due in 2031. Of the total, $130
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A bipartisan majority in the Senate has just passed the GENIUS Act to provide a regulatory framework for stablecoins. A similar bill, the STABLE Act, is working its way through the House. President Trump wants to sign a stablecoin bill into law this year, so it looks like we are
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Key takeawaysEthereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols.Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining market share.Most competing yield products are built on Ethereum, meaning rising adoption can still strengthen the network’s value over time.Fixed income isn’t
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As it was near-universally expected, the U.S. Federal Reserve left benchmark interest rates steady at 4.25%-4.50% on Wednesday at the June meeting."Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace," the press release said. "The unemployment
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Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock's tokenized US Treasury fund as trading collateral for institutional and experienced clients.The move will allow institutional traders to use a low-volatility, yield-bearing digital instrument as collateral for their accounts, lowering the margin requirements for leveraged trading, according to Forbes.Coinbase,
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Crypto exchange Coinbase (COIN) is venturing further into the global payments business with the launch of Coinbase Payments, the company said in a Wednesday blog post.The service, built on Coinbase’s Ethereum layer-2 network Base, is already live with ecommerce platform Shopify and was designed to bring stablecoin payments to merchants,
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Litecoin clawed back early losses Tuesday to notch a 1.6% daily gain, trading above $84.6 after dipping to $82.69.The rebound came despite choppy markets reacting to heightened tensions surrounding the war between Israel and Iran, which has kept markets on edge, with the odds of a U.S. military action in
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The company’s shares were temporarily halted from trading on the New York Stock Exchange (NYSEAM) in April after its stock price fell below ten cents per share. Can Bitcoin Save DDC? Firm Raises $528M After 4-Year Losing Streak A little-known Asian food company named DDC Enterprise Limited (NYSEAM: DDC) or
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Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter.In this issue:Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises BuybackUK Startup Optalysys Debuts Server for BlockchainsKraken-Backed Ink Foundation to Airdrop INK Token,
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