CryptoNews

SBI Crypto Pulls the Plug on Bitcoin Pool as 20,412 PH/s Hunts for a New Home

SBI Crypto is shutting down its bitcoin mining pool, closing out more than five years of operation on July 31, 2026. Key Takeaways SBI Crypto will stop accepting mining shares at 22:00 UTC on July 30, 2026. The pool holds 20,412.11 PH/s, just over 2% of Bitcoin’s global hashrate. CEO Hiroaki Morita pointed miners toward Braiins, Luxor Pool and Neopool. The company launched the pool in March…
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CryptoNews

Ripple Spotlights 8 Key RLUSD Developments Shaping Global Payments Push

RLUSD is gaining broader institutional traction as Ripple highlights eight developments across payments, infrastructure, and global access. Mastercard support, Japanese approval, and new regional integrations show the stablecoin’s expanding role. Key Takeaways Ripple highlighted eight RLUSD developments spanning payments, exchanges, cross-chain tools, philanthropy, and regulated market…
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CryptoNews

Why Bitcoin Retested $58K Despite Supportive Macro Backdrop

Bitcoin retreated toward $58K despite improving financial conditions, highlighting an unusual market divergence. Analysts said persistent crypto-specific selling, rather than broader macroeconomic pressure, has kept the asset disconnected from equities, Treasury yields, and…
CryptoNews

XRP Gains From RLUSD Growth as $900M Trading Boom Deepens Liquidity, Evernorth Says

XRP continues to strengthen its position as the core settlement asset as RLUSD activity accelerates, amplifying its role in facilitating trades and drawing increasing attention and demand toward the asset itself, according to Evernorth, an XRP treasury company. Key Takeaways XRP remains central to all activity on the XRP Ledger, with every RLUSD transfer, swap, and trade relying on XRP for…
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CryptoNews

Blackrock Beats Goldman to Market With Bitcoin Income ETF BITA Launching June 16

Blackrock is bringing a second bitcoin product to Wall Street on Tuesday, and this one comes with a yield target. Key Takeaways Blackrock lists bitcoin income ETF BITA on Nasdaq June 16, targeting 15–25% annual yield. BITA targets 70% of bitcoin’s upside while writing covered calls at a 0.65% expense ratio. Blackrock files Form 8-A on June 11, beating Goldman Sachs’ similar product expected…
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