Friday, June 26

Crypto

Riot Posts 7M in Q1 Revenue as Data Center Arm Pulls in M

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining business, which fell to $111.9…

Tether Reports .04B Profit, 1B in US Treasuries

Stablecoin issuer Tether (USDT) reported $1.04 billion in net profit for the first quarter of 2026, as its excess reserves rose to a record $8.23 billion, according to its latest attestation on Friday.The company said its reserves remain heavily concentrated…

MoonPay Rolls Out Agent-Ready Stablecoin Card on Mastercard Network

MoonPay is launching a virtual debit card that allows users and AI agents to spend stablecoins directly from self-custodied onchain wallets at merchants that accept Mastercard, using real-time crypto-to-fiat conversion at checkout.The card, developed with Monavate and Exodus Movement, Inc.,…

Bitcoin Rally Accelerates, But BTC Options Doubt K Is Possible

Key takeaways:Bitcoin options markets price in low odds of BTC reaching $84,000 in May, while the monthly futures basis rate reflects weakness.Significant Bitcoin accumulation by listed companies and rising spot Bitcoin ETF inflows absorb mining supply, reducing the impact of…

Bakkt Finishes Acquisition of Stablecoin Infrastructure Firm

Digital asset company Bakkt completed its acquisition of stablecoin infrastructure firm Distributed Technologies Research (DTR) through an equity-based transaction as part of its bid to create a digital settlement layer.Bakkt CEO Akshay Naheta said on Thursday that the deal aims…

SBI to Make Bitbank a Subsidiary in Japan Crypto Consolidation Push

Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it a consolidated subsidiary, extending its push to consolidate regulated crypto trading platforms in Japan as the country moves toward securities-style rules for digital assets.The…

‘Go Time’ For Crypto Bill

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal officer Faryar Shirzad.“It’s time to…

Brazil Central Bank Bars Virtual Assets From eFX Payments

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On Thursday, BCB published Resolution BCB…

Bitcoin ETFs Post Strong April Inflows as Ether Turns Positive

US-listed spot Bitcoin (BTC) exchange-traded funds (ETFs) finished April in the green as Bitcoin rallied throughout the month.Bitcoin ETFs drew $1.97 billion in inflows in April, well above March’s $1.37 billion, marking their highest monthly inflows of the year, according…

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