By Lawrence Mondal from Crypto.News Morgan Stanley has updated its proposed Ethereum and Solana exchange-traded funds with a staking structure that would allow 95% of staking rewards to remain within the trusts while charging a 0.14% annual sponsor fee. According to amended S-1 registration statements filed by Morgan Stanley, both the Morgan Stanley Ethereum Trust
By Rony Roy from Crypto.news The People’s Bank of China said stablecoins could play a larger role in cross-border payments and called for closer monitoring of their impact on the international monetary system and global payment networks. According to remarks delivered by Wang Xin, director-general of the Research Bureau of the People’s Bank of China,
By Olivia Stephanie from crypto.news Strategy executive chairman Michael Saylor said Bitcoin does not need staking, inflation, or protocol-based yield to create returns for investors. Bitcoin should stay scarce and unchanged In a June 16 post on X, Saylor outlined a five-layer “Digital Asset Stack” built around Bitcoin and argued that “Bitcoin does not need
By Lawrence Mondal from crypto.news BlackRock’s Bitcoin income-focused ETF will begin trading on Nasdaq on June 16 after receiving regulatory approval from the U.S. Securities and Exchange Commission. According to Bloomberg ETF analyst Eric Balchunas, Nasdaq confirmed that BlackRock’s iShares Bitcoin Premium Income ETF, trading under the ticker BITA, would launch on Tuesday. The confirmation
By Olivia Stephanie from crypto.news Binance Research said April’s DeFi exploits triggered about $13 billion in total value locked outflows, cutting liquidity across on-chain protocols. The research arm said the on-chain leverage ratio rose to about 38%, a level last seen in 2021, as TVL fell faster than borrowing. The move did not come from
By Olivia Stephanie from crypto.news Ripple CEO Brad Garlinghouse has put a clear number on the company’s 2026 business goal. Ripple’s revenue target separates operating income from XRP holdings, aiming to calm balance sheet concerns. Hidden Road, RLUSD, and treasury tools give Ripple more routes to serve banks and firms. XRP ETF inflows remain positive,
By Olivia Stephanie from crypto.news SkyBridge Capital founder Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz said Bitcoin could reclaim $70,000 by the end of July 2026. Scaramucci sees negative Bitcoin sentiment as fuel for a possible move back above $70K soon. Novogratz says CLARITY Act progress could support Bitcoin, but timing remains politically uncertain
By Lawrence Mondal from crypto.news Binance has expanded its tokenized stock lineup with five new bStocks while teasing a future SpaceX-linked token, adding another high-profile name to its growing real-world asset offering. Summary – Binance added tokenized bStocks for Circle, Nvidia, Tesla, Micron, and Sandisk on its spot market. – The exchange teased a future
By Olivia Stephanie from crypto.news The U.S. Securities and Exchange Commission proposed removing two key Regulation NMS rules, opening a new debate over tokenized U.S. stocks and DeFi trading. Summary – SEC proposed removing Rules 611 and 610(e), changing long-standing trade protections for U.S. equities markets. – Analysts say the move could help DeFi market
By Lawrence Mondal from crypto.news Mastercard has launched an AI payments network backed by more than 30 companies, including Ripple, Coinbase, and the Solana Foundation, to enable autonomous software agents to transact without human intervention. According to Mastercard’s June 10 announcement, the new platform, called Agent Pay for Machines, is designed to support high-volume, low-value
