Crypto

Fidelity, BNY, Goldman Sachs, JPMorgan, Morgan Stanley, and Citigroup topped the newly launched Strategy Bitcoin Banking Adoption Index, which assessed 25 major global institutions across trading, custody, digital-asset products, financing, and corporate participation. Key Takeaways Fidelity led with 71%, followed by BNY at 46% and Goldman Sachs at 45% in Strategy’s new Bitcoin Banking Adoption…

Ripple nearly shut down after the U.S. Securities and Exchange Commission (SEC) sued the company, with CEO Brad Garlinghouse considering whether to end operations, distribute XRP holdings to shareholders, and close the business. Key Takeaways Ripple came close to shutting down after the SEC filed a lawsuit over XRP. The company considered distributing its XRP holdings to shareholders. A court…

Elon Musk said SpaceX could one day be worth more than the rest of Earth if the company achieves its goals, shifting a debate over a reported Anthropic, xAI, and SpaceX deal toward the company’s long-term ambitions. Key Takeaways Elon Musk said SpaceX could exceed the rest of Earth’s total value if the company accomplishes its long-term goals. The claim followed criticism of a reported…

A federal court has allowed Tennessee’s ban on cryptocurrency ATMs to take effect while a constitutional lawsuit continues, giving the state an early legal win in its anti-fraud push. Key Takeaways A federal court denied an emergency request to block Tennessee’s cryptocurrency ATM ban before its July 1 effective date. Public Chapter 766 remains enforceable while constitutional challenges from…