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Bitcoin rose above $81,000 on Thursday, while crypto-linked stocks also advanced, Bitcoin Magazine reported. The move marks another rally for bitcoin and a broader positive reaction across related equities.
Bitcoin and stocks rose after Fed Governor Christopher Waller said he could support holding rates steady. The rally triggered roughly $415 million in short liquidations across the crypto market, according to Decrypt.
Sony has rejected a $508 million tariff refund claim from PS5 buyers as “illogical,” Decrypt reports. The dispute follows a second PlayStation price increase in March, five weeks after the tariffs were struck down.
Payward, Kraken’s parent, will bring SoFiUSD to Kraken and connect to SoFi’s 24/7 dollar settlement network. SoFi will receive access to digital-asset liquidity through Kraken Prime under the partnership.
Standard Chartered has added institutional spot trading for Bitcoin and Ethereum to its Dubai FX platform. CoinDesk reports that the cryptocurrencies are available through the bank’s existing eFX infrastructure used for dollar and euro trading.
Standard Chartered has launched bitcoin trading in the United Arab Emirates, Bitcoin Magazine reports. The UAE joins other markets where the bank has introduced spot bitcoin trading in recent years.
CoinDesk’s latest “Crypto for Advisors” briefing explores why crypto companies’ earnings reports can be misleading, highlighting the need for care when interpreting reported results and assessing digital-asset businesses.
Bitget is discussing Asian distribution with major Wall Street firms, including BlackRock, as asset managers seek to expand the regional reach of their tokenized ETFs, CoinDesk reported.
The DOJ said three 2025 warrants seized more than $560,000 from Hamas-linked crypto fundraising. Access to captured systems later enabled agents to obtain additional donations, according to CryptoSlate.
Crypto recovery specialists reportedly accessed a wallet thought to be worth $1 billion, but found only $10. The case shows that restoring wallet access does not guarantee the recovery of valuable crypto assets.
VARA and Securitize signed an MoU to promote tokenization innovation in Dubai and explore potential regulatory approaches for tokenized financial innovation across the region, Cointelegraph reported.
Glassnode data shows 68% of Bitcoin’s circulating supply is profitable near $77,381, up from 65% in May. The increase represents roughly 600,000 BTC, valued at about $47 billion, that could be sold at a gain.
Mamdani has imposed a one-year moratorium on generative AI in New York City schools, affecting nearly 600,000 students. Five named vendors will continue metered pilot programs in high schools, according to Decrypt.
