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Charles Schwab plans to expand Schwab Crypto beyond Bitcoin and Ethereum by adding Solana, Avalanche and Chainlink. Decrypt reports that the brokerage has not yet provided a launch date for the three tokens.
Solana’s first network-wide vote narrowly approved a proposal to double disinflation after Kraken- and Galaxy-linked validators switched sides near the finish. The decision is directly relevant to SOL’s token-supply framework.
UK police seized 20.21 BTC worth about $1.4 million that was linked to darknet marketplaces active from 2016 to 2019. The Bitcoin’s holder died before the cryptocurrency was forfeited, Decrypt reported.
A Sheikh Tahnoon-linked group is reportedly backing a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank, The Wall Street Journal reported, linking Abu Dhabi capital to the Trump-associated crypto venture.
A small Bitcoin transfer from a US government-tagged wallet has renewed market concerns about possible sales of forfeited BTC and highlighted questions over the scope of the Strategic Bitcoin Reserve’s “shall not be sold” provision.
Bitfinex Securities has raised $50 million and is preparing a security linked to a Luxembourg-based platform holding a reported $1.6 billion stockpile of high-purity nickel wire, CoinDesk reports.
Bitcoin, Ethereum, Solana and XRP moved higher, while Monero reached a new all-time high of $680. Regulatory developments included a U.S. Senate stablecoin bill draft, scrutiny of crypto in 401(k) plans and Tennessee action against sports prediction markets.
Crypto majors were mostly flat, with Bitcoin at $90,600, while Monero reached a $590 record. Developments included a $15 billion a16z fundraise, Ripple’s UK approval, BNY Mellon’s tokenized deposits and Tether’s $182 million USDT freeze.
