Tag: Breaking

The number of U.S. merchants accepting Bitcoin has tripled over the past year, driven by businesses seeking alternatives to traditional credit card processing fees through layer-2 settlement rails. U.S. merchant Bitcoin acceptance tripled as retailers look to lower payment processing overhead. Lightning Network transactions allow businesses to bypass standard 2% to 3% credit card interchange fees for costs under a penny. Global retail Bitcoin...

Robinhood Chain recorded 323,969 daily active users on July 21, surpassing Coinbase-incubated Layer-2 Base’s 274,520 users. Total value locked (TVL) on the network surged to $588.9 million, driven by strong inflows into lending protocols like Morpho and Ethena. Memecoin trading accounted for the bulk of spot DEX volume, despite the chain’s core focus on tokenized real-world assets and stock tokens. Robinhood Chain has overtaken...

Coinbase CEO Brian Armstrong confirmed that the CLARITY Act is ready for a full U.S. Senate floor vote following extensive bipartisan negotiations. The revised market structure legislation incorporates key compromises on stablecoin rewards, non-custodial developer protections, and regulatory oversight split between the SEC and CFTC. Key amendments include strict ethics rules prohibiting federal officials, including the U.S. President, from...

An estimated 50 million Americans now hold Bitcoin, surpassing the roughly 37 million who own physical gold, according to a report by Bitcoin financial services company River. The milestone highlights a dramatic generational pivot toward digital hard assets across the United States. U.S. Bitcoin ownership has reached approximately 50 million individuals (18.6% of American adults), compared to 37 million (10.8%) holding gold. The United States...

Bitmine Immersion Technologies acquired 7,430 ETH last week, marking a sharp deceleration in its weekly accumulation pace. The firm redirected approximately $86 million toward repurchasing 5.5 million shares of its BMNR common stock. Bitmine’s total Ethereum treasury reached 5.78 million ETH, representing roughly 4.8% of the circulating supply. Ethereum treasury giant Bitmine Immersion Technologies (BMNR) slowed its token purchases last...