Custody+ will combine Bitcoin and traditional asset safekeeping within one institutional framework.
Miners with AI and high-performance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pure-play operators.
Long-term borrowing costs are reaching multi-decade highs as U.S. debt approaches $40 trillion and AI hyperscalers accelerate bond issuance.
Bitcoin exchange-traded funds (ETFs) opened the week with $297.56 million in net inflows, ending the three-session outflow run that closed the previous week. Ether funds also returned to positive territory with $30.85 million, while XRP, solana and HYPE ETFs recorded no net flows. Bitcoin, Ether ETFs Add $328.
The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million.
The address received 8.54 BTC in June 2011 when the coin traded around $14 and stayed silent for 15 years before moving roughly $538,000 in a single transaction.
Citi Bitcoin custody is going live later this year via its new Custody+ platform. Here is what a $24 trillion custodian holding BTC means for crypto prices.
The S&P 500 fell while Bitcoin surged above $64,000 as traders await the Fed minutes. Here's what the next policy signal could mean for markets.
Bitcoin custody will join Citi's broader institutional platform later this year, combining crypto and traditional asset services. The expansion connects digital assets with infrastructure built for continuous markets and faster settlement. Bitcoin Custody Joins Citi's Institutional Platform Bitcoin custody will become part of Custody+ later this year, Citigroup Inc. (NYSE: C) announced Aug.
Rising US deficits may drive inflation fears, potentially boosting Bitcoin as investors seek stable, hard-capped assets amid economic uncertainty. Growing panic fears could disrupt Bitcoin price as US deficit hits $1.8 trillion.
Speculation around Cash App's crypto expansion highlights the challenges of navigating partnerships and market expectations in fintech. Cash App crypto support beyond Bitcoin and USDC via MoonPay remains speculative.
A viral clip sharpened the clash between fee-funded security and the credibility of a fixed supply.