Tag: Crypto

Minnesota Legalizes Crypto Custody Services for Banks, Credit Unions

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Minnesota-based banking institutions and credit unions are set to offer some crypto custody services beginning in August. On Friday, Governor Tim Walz signed House File (HF) 3709 into law, permitting “certain virtual-currency custody services to be offered and performed” by financial institutions in the US state. One of the original sponsors in the Minnesota House of Representatives, Bernie Perryman, said in March that the bill was intended to ensure that “Minnesota-based financial institutions are allowed to evolve alongside their customers and members rather than forcing Minnesotans to rely on unregulated,…

Crypto Funds Post $1B in Outflows as Iran Tensions Weigh on Bitcoin, Ether

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Cryptocurrency investment products posted heavy outflows last week as investors reduced risk amid inflation fears and uncertainty over a lasting ceasefire between the United States and Iran. According to CoinShares’ latest weekly report, digital asset exchange-traded products (ETPs) recorded $1.07 billion in net outflows, ending a six-week streak of inflows. It marked the third-largest weekly outflow this year. Bitcoin (BTC) investment products accounted for the bulk of the withdrawals, with $982 million in outflows. Ether (ETH) products lost $249 million, their largest outflow since the week ending Jan. 30. Altcoin…

Gov. Walz Signs Bitcoin Custody Bill, Letting Minnesota Banks Hold Crypto Aug. 1

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Key Takeaways Minnesota Gov. Tim Walz signed HF 3709, letting state-chartered banks offer bitcoin and crypto custody. The law takes effect Aug. 1, 2026, requiring a 60-day Commerce Department notice before services launch. St. Cloud Financial Credit Union reported 20% of members hold crypto, signaling strong local demand. State-Chartered Banks in Minnesota Will Be Able to Custody Bitcoin Under New Law The legislation, now Chapter 93 of the 2026 Session Laws, takes effect Aug. 1, 2026. It applies only to services offered on or after that date. Under the new…

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Crypto Bull Market Doors Opening! Bitcoin, Ethereum & Altcoins Breaking Out NOW

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto bull market signals are waking up, and these are very macro indicators aligning. Short term bitcoin and ethereum price action help act as a guide and paint a picture of caution and volatility. 🔗 My Links: ► Get the risk models I use to track accumulation and distribution zones. Free trial 👉 Intro 00:00 Huge bull market indicator 1:45 Business cycle 5:50 Bitcoin cycle low 6:40 BTC breakout & resistance 8:45 Big Ethereum price test 11:45 🌟 Follow Me On My…

XRP Generational Wealth & Ripple , Level Playing Field & Loss Of Bitcoin Dominance

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io The video by Digital Asset Investor discusses bullish developments for XRP and Ripple amid U.S. crypto regulatory progress. It highlights that large XRP whales are accumulating rather than selling, controlling over 45 billion tokens (roughly 68.5% of supply) at record levels since 2018, alongside strong inflows into the Bitwise XRP ETF. The host focuses on the recent bipartisan markup of the Clarity Act (a major crypto market structure bill), which is advancing quickly through Congress with optimism for passage by July 4th…

Crypto ATM operator Bitcoin Depot files for bankruptcy months after leadership overhaul

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Nasdaq-listed crypto ATM operator Bitcoin Depot has filed for Chapter 11 bankruptcy protection in Texas as mounting regulatory pressure and financial losses pushed the company toward an orderly shutdown. Summary Bitcoin Depot has filed for Chapter 11 bankruptcy and taken its global crypto ATM network offline as regulatory pressure intensified across multiple U.S. states. The company said stricter compliance rules, enforcement actions, and litigation against crypto ATM operators made its business model unsustainable. Revenue at Bitcoin Depot fell 49.2% year over year in the first quarter of 2026, while the…

XRP ‘Trade Of A Lifetime’ Is Setting Up, Says Crypto Analyst

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Crypto analyst Will Taylor, founder of CryptoinsightUK, says XRP may be approaching a defining market setup as US regulatory clarity, Ripple’s infrastructure buildout and broader macro liquidity pressures converge. In the Week 195 edition of The Weekly Insight, Taylor argued that the market may be underestimating the significance of recent progress around the Clarity Act, particularly for assets tied to institutional settlement and financial infrastructure. The newsletter framed XRP as one of the clearest expressions of that thesis, while noting that the view represents personal opinion rather than financial advice.…

Senate Crypto Bill Might Pass as Late as August: NYDIG

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The US Senate’s crypto market structure bill could take until August to pass and risks not advancing at all if lawmakers cannot pass it before the midterms, said Greg Cipolaro, head of research at financial services firm NYDIG. Patrick Witt, a senior White House crypto adviser, said earlier this month that he was targeting July 4 for the Senate’s crypto bill to pass, saying there was enough time for a Senate markup, floor vote and House vote.  “This may represent an aspirational benchmark rather than a fixed legislative deadline,” Cipolaro…

Why Isn’t Bitcoin Rallying on CLARITY, New Fed Chair, and the Trump-Xi Deal?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CLARITY passed. New Fed Chair is in. US-China summit delivered deals. Bitcoin still can’t break the 200-day SMA. Here’s why I’m de-risking. —————————————————- 🔥 Copy my Bull Market Portfolio 🔥 1️⃣ Watch tutorial on Bull Market Bots 2️⃣ Sign up to Pionex: 3️⃣ Claim deposit bonus: 4️⃣ Join our free community The Coiners : 5️⃣ Copy my Bull Market Bots: Bitcoin: Ethereum: Solana: All Trading Strategies: Strategy Settings and History: —————————————————- All Exchanges and Links ✅ Pionex Exchange: (Best Trading Bots, KYC…