New Hampshire officials will hold a public hearing on July 8 to review a proposed $100 million Bitcoin-backed bond that uses private collateral instead of taxpayer funds. The bond, supported by the state's Business Finance Authority and Governor Kelly Ayotte, aims to finance Bitcoin purchases through a taxable revenue bond structure. Moody's assigned a Ba2 rating, reflecting below investment grade risk due to Bitcoin's volatility and the bond's reliance on overcollateralized Bitcoin assets. This move follows New Hampshire's earlier Bitcoin reserve law and marks a continued effort to integrate digital assets into public finance, pending final approval from the Governor and Executive Council.
Bitcoin and other major cryptocurrencies declined after renewed U.S.-Iran airstrikes escalated tensions, pushing oil prices higher. The conflict, involving attacks on ships and military installations, threatens to collapse the fragile ceasefire and h...
Ethereum options trading shows a slight drop in total open interest to $4.318 billion, with calls dominating longer-term positions at 57.41% of open interest. However, short-term trading volume favors puts at 51.05%, indicating traders are seeking ne...
Polymarket has introduced instant Bitcoin deposits using the Lightning Network through Spark's payment infrastructure, allowing users to fund their accounts faster while keeping control of their wallet keys. This upgrade reduces the usual Bitcoin con...
Secret Network is proposing to migrate its SCRT token from the Cosmos blockchain to Ethereum's Arbitrum Layer 2, citing security vulnerabilities in its aging Cosmos code that are increasingly exposed to AI-powered exploits. This move follows a $4.7 m...
OpenAI announced the public launch of its GPT-5.6 AI model family, including Sol, Terra, and Luna, scheduled for Thursday. Sol is the most advanced model, Terra offers mid-level performance at half the cost, and Luna targets budget-conscious users. T...
