New Hampshire’s $100M bitcoin bond proposal fails final vote

The post Bitcoin A ‘Screaming Buy,’ Analyst Says, Keeps $100K Target appeared on BitcoinEthereumNews.com. Standard Chartered maintained its end-2026 Bitcoin price forecast of $100,000 in a note to investors on Friday, arguing that the recent weakness reflects a failure by Strategy to explain a strategic shift rather than any deterioration in the company’s balance sheet. Geoffrey Kendrick, the bank’s global head of digital assets research, wrote that Strategy — the largest corporate holder of Bitcoin, with 843,775 coins, more than 4% of the 21 million that will ever exist — “appears to be pivoting from its ‘never sell Bitcoin’ mantra to a more complex approach.”  Clear communication of that pivot, he wrote, will determine how fast the pressure on BTC lifts. Between 2020 and mid-2025, Strategy’s mNAV — enterprise value divided by the value of its Bitcoin — traded above 1.0. That premium lets the company issue shares, buy Bitcoin, and grow its value by more than the value of the new stock

The post New Hampshire Bitcoin Bond Rejected Despite Moody’s Rating appeared on BitcoinEthereumNews.com. New Hampshire just killed what would have been a genuinely groundbreaking experiment in state-government crypto finance. The New Hampshire bitcoin bond — a $100 million instrument that had already cleared a formal credit rating from one of Wall Street’s most recognized agencies — died at the final hurdle when the state’s Executive Council voted 3-2 to reject it, siding with members who raised concerns about the state’s financial reputation. Key takeaways The New Hampshire Executive Council rejected a $100 million bitcoin bond project in a 3-2 vote, ending the effort at its final approval stage. The bond had received a Ba2 rating from Moody’s Ratings, making it the first rated, bitcoin-backed bond issued under a state’s authority. The Business Finance Authority of the State of New Hampshire was set to issue the bond, backing a private-sector instrument tied to bitcoin mining firm Cle

The post The Rise of Utility-Driven Crypto: How Africa Is Redefining What Digital Assets Are For appeared on BitcoinEthereumNews.com. JOHANNESBURG, South Africa, July 10, 2026/ –&nbspAcross Africa, cryptocurrency is shedding its reputation as a speculative asset and becoming an everyday tool for moving money, running businesses and bridging gaps left by traditional finance. Binance (www.Binance.com), the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, says this shift toward utility-driven adoption is positioning the continent as a global blueprint for how digital assets create real economic value. Unlike markets driven largely by investment appetite, African adoption is anchored in practical need. With roughly 1.3 billion adults globally still unbanked (https://apo-opa.co/4aKV78i) and a young, mobile-first population coming online at speed, digital assets are solving tangible problems. Stablecoins help freelancers receive cross-border payments, allow sm

The post Circle Secures OCC Approval For National Trust Bank appeared on BitcoinEthereumNews.com. USDC stablecoin issuer Circle on Friday announced it received final approval from the US Office of the Comptroller of the Currency (OCC) to establish First National Digital Currency Bank (FNDCB), a national trust bank that will operate under the name Circle National Trust. “OCC approval to establish Circle National Trust marks a defining step in bringing blockchain technology and digital assets into the core of the US financial system,” Circle CEO Jeremy Allaire said. The approval comes after Circle applied for the charter in June 2025, allowing it to establish a federally regulated trust institution and expand its digital asset custody infrastructure. Circle’s new bank begins with limited custody scope Circle National Trust will initially provide fiduciary digital asset custody services for Circle and its affiliated companies, according to the company’s approved business plan. The bank co

The post New Hampshire rejects $100M Bitcoin-backed bond appeared on BitcoinEthereumNews.com. New Hampshire’s Executive Council has rejected a proposal to issue up to $100 million in Bitcoin-backed revenue bonds linked to Bitcoin miner CleanSpark. Summary New Hampshire’s Executive Council rejected the proposed $100 million Bitcoin-backed bond by a 3-2 vote. CleanSpark planned to post about $160 million in Bitcoin without exposing taxpayers to direct repayment risk. Moody’s assigned the proposed bonds a Ba2 speculative-grade rating before the final state approval failed. The five-member council voted 3-2 against the plan during its July 8 meeting. The decision blocked the final state approval required for the New Hampshire Business Finance Authority to proceed with the transaction. Meanwhile, the proposal appeared on the state’s July 8 Executive Council agenda. It called for the Business Finance Authority to issue taxable revenue bonds for NH CleanSpark Borrower Trust 2026-1. The borrow

New Hampshire rejected a $100M Bitcoin-backed CleanSpark bond in a 3-2 vote despite private collateral and no direct taxpayer risk.

The post INTERPOL Operation First Light 2026 Freezes $293M in Crypto Fraud Sweep appeared on BitcoinEthereumNews.com. Crypto News A global INTERPOL operation has exposed how digital assets are being weaponized in cross-border fraud, intercepting roughly $293 million in illicit proceeds. Operation First Light 2026 ran from January 15 to April 30 and targeted social engineering scams alongside the money laundering that sustains them. The coordinated campaign spanned 97 countries and territories, resulted in 5,811 arrests, and froze 31,014 bank accounts tied to fraudulent activity. Investigators identified more than 142,000 victims worldwide and resolved 23,715 cases during the sweep. The scale underscores how quickly online fraud has matured into an industrialized, transnational threat, with much of the value moved and obscured through altcoin networks rather than traditional banking rails. At the center of the Thai findings sat a single wallet that processed more than $122.5 million in

The post BingX Launches the BingX Visa Debit Card, Bridging Digital Assets and Everyday Payments appeared on BitcoinEthereumNews.com. PANAMA CITY, July 10, 2026 –BingX, a leading cryptocurrency exchange and Web3-AI company, announced the BingX Visa Debit Card, designed to connect digital assets with everyday spending through Visa’s global payment network. Issued by global stablecoin infrastructure provider, Wirex, the collaboration marks an important milestone in expanding the real-world utility of cryptocurrencies, allowing users to spend, withdraw, and earn rewards globally while leveraging the convenience and security of Visa’s payment infrastructure. The new BingX Visa Debit Card connects its users to a global network spanning more than 200 countries and territories. Cardholders can make purchases at millions of merchants worldwide, benefit from automatic currency conversion for international transactions, and access cash through millions of ATMs. BingX is leveraging Wirex’s full s