US jobless claims hold steady at 215,000 as labor market signals ‘goldilocks’ zone for risk assets

The post BREAKING: Wells Fargo Discloses Huge Crypto Holdings in Bitcoin, ETH, SOL, MSTR, BMNR appeared on BitcoinEthereumNews.com. Wall Street giant Wells Fargo revealed massive crypto holdings via exchange-traded funds (ETFs) and stocks. The banks revealed exposure to Bitcoin, Ethereum (ETH), Solana, Strategy (MSTR), Bitmine (BMNR) and other crypto stocks. Wells Fargo Reveals Bitcoin, ETH, Solana ETFs Exposure In its latest SEC filing, $2.5 trillion AUM Wells Fargo disclosed 6.5 million shares in BlackRock Bitcoin ETF (IBIT). It also revealed a new call position and an increase in put position in IBIT amid growing uncertainty during the US-Iran war. IBIT holdings dropped by 75,102 shares compared to the Q4 quarter. Moreover, the Wall Street giant cut its exposure to the Invesco Galaxy Bitcoin ETF (BTCO), Ark 21Shares Bitcoin ETF, and the Fidelity Bitcoin ETF (FBTC). While Wells Fargo decreased holdings in IBIT, Bitcoin exposure increased in Grayscale Bitcoin Mini ETF, Bitwise’s BITB,

The post What are L2 sequencers? Ethereum’s centralized chokepoint, explained appeared on BitcoinEthereumNews.com. Nearly every transaction on Ethereum’s layer-2 networks passes through a single machine, run by a single company, called a sequencer. It orders trades, sets the pace of the chain, earns the fees, and can go dark or say no. This guide explains what sequencers actually do, why the most decentralized ecosystem in crypto runs its fast lanes through central operators, what can and cannot go wrong, and the roadmaps racing to fix it. Summary Ethereum layer 2 networks rely on centralized sequencers that order transactions, collect fees, and can temporarily halt network activity during outages. Sequencers cannot steal user funds because Ethereum secures transaction validity, but they can influence transaction ordering, censorship, and network availability. Rollup developers are working toward decentralized sequencing models to reduce reliance on a single operator while preserving E

Nearly every transaction on Ethereum’s layer-2 networks passes through a single machine, run by a single company, called a sequencer. It orders trades, sets the pace of the chain, earns the fees, and can go dark or say no. This…

Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is b

The post Bitcoin Mining Giant Buys Texas Land Once Promised for Green Fuel in $600M Bet appeared on BitcoinEthereumNews.com. MARA, a major Bitcoin (BTC) mining company, will buy a large Texas site once planned as a green fuel plant. The company will turn the land into flexible power for mining and artificial intelligence (AI) tenants. The deal with fuel developer HIF Global could reach $600 million if targets are met. It hands MARA a fully permitted site with grid rights for up to 2,000 megawatts in Matagorda County. MARA Stock Performance. Source: TradingView MARA’s Texas Site Trades Fuel for Computing HIF Global promoted the site as the first large e-fuels plant in the United States. Texas Governor Greg Abbott backed the roughly $7 billion project. It would split water to make cleaner shipping fuel and recycle carbon dioxide. Crucially, HIF had already won full permits and a secured grid connection for about 1.8 gigawatts of power. Those approvals can take years to win in the race fo

The post SpaceX’s First Bitcoin Transfer in Six Months Sparks Treasury Speculation appeared on BitcoinEthereumNews.com. Is SpaceX running a test? SpaceX as one of Bitcoin’s largest corporate holders Elon Musk’s SpaceX has just moved Bitcoin for the first time in six months, but the extremely small volume of the transfer has stirred curiosity across the crypto community. Following recent data shared by the Arkham Intelligence platform, a crypto wallet associated with SpaceX has moved about $88 worth of Bitcoin to another wallet that it also controls. Is SpaceX running a test? With the transfer coming after about six months of silence, and the company only moving $88 worth of Bitcoin out of its massive $1.16 billion Bitcoin holdings, questions are rising about the motive behind such an unusual move. $560 Million Record: CashCat Coin Takes Over Robinhood; Hyperliquid Joins XRP in Bitwise 10 Crypto Index; 105,742,020% in Bitcoin: Satoshi-Era Whale Awakens – Morning Crypto Report XRP ETFs L

The post Fed: Divergent inflation paths shape rate outlook – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Jan Groen notes that the June Federal Open Market Committee (FOMC) minutes confirmed a hawkish hold, with the Summary of Economic Projections (SEP) showing an even split between members favoring unchanged or lower rates and those preferring hikes. The Fed sees inflation as too high and the labor market as durably stable, but is divided on how long elevated inflation will persist, which drives differing policy rate views. Committee split on inflation persistence “We had a hawkish hold at the June FOMC meeting with the June update of the SEP indicating an even split between Committee members that wanted to keep rates on hold or cut vs. members who wanted to raise rates.” “Today’s release of the minutes of that meeting did not contain any major surprises and it confirmed the hawkish undertone from the post-meeting communications.” “Where there was disagreem

The post Russia’s Largest Private Bank Alfa-Bank To Test Bitcoin And Crypto Trading appeared on BitcoinEthereumNews.com. Alfa-Bank, Russia’s largest private lender, is preparing to launch its own digital depository and a full slate of crypto services once national regulation takes effect, joining a widening race among Russian banks to capture a market that does not yet legally exist. Dmitry Vitman, chief operating officer of Alfa-Bank’s corporate and investment business, told RBC Investments that the bank intends to offer “all possible services related to digital currencies” once the relevant legislation comes into force.  “First and foremost, we plan to create our own digital depository and offer its services to other companies,” he said. Under the framework expected to govern the market, a digital depository would record and store cryptocurrency and digital financial assets, monitor client transactions, and block transfers to addresses not sanctioned by authorities. Firms that alread