NEW: Nasdaq Adds XRP, SOL, ADA, XLM to Major Crypto Market Index

Nasdaq has officially filed a proposed rule change with the U.S. Securities and Exchange Commission aiming to expand its digital asset ETF benchmark. The update includes major altcoins like XRP, Solana (SOL), Cardano (ADA) and Stellar Lumens (XLM) alongside Bitcoin and Ethereum. This move reflects Nasdaq’s effort to better represent the wider crypto market.

The new benchmark Nasdaq Crypto Index would replace the current Nasdaq Crypto US Settlement Price Index. The Hashdex Nasdaq Crypto Index US ETF is currently limited to holding Bitcoin and Ethereum due to regulatory constraints which leads to a mismatch in tracking the broader index. Nasdaq’s proposal would allow the ETF to invest in all nine digital assets included in the new index.

If approved by the SEC the ETF would gain flexibility and improved diversification by including assets such as Chainlink Litecoin and Uniswap. This decision is expected by November 2, 2025 and could signal a major milestone for broader crypto adoption in U.S. financial markets.

SEC Form 8-K

LATEST: France’s The Blockchain Group Plans to Raise €300M to Buy More Bitcoin

The Blockchain Group has secured a major partnership with TOBAM a respected asset management firm and early Bitcoin investor to accelerate its position as Europe’s first Bitcoin Treasury Company. Through a new market-based funding strategy modeled after U.S. ATM programs the Group aims to increase its bitcoin holdings per share over time.

TOBAM will invest up to €300 million in stages by subscribing to shares based on the higher of the previous day’s closing or average market price with a daily cap of 21% of the trading volume. This deal supports Blockchain Group’s crypto-first growth vision and strengthens its digital asset treasury without needing a formal prospectus.

This capital injection positions the Group to aggressively expand its bitcoin reserves and tech services across AI data intelligence and decentralized solutions. TOBAM may keep or sell shares at its discretion showing long-term belief in Blockchain Group’s crypto-driven future.

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NEW: Gemini Prepares to Go Public, Submits IPO Filing to SEC

Gemini Space Station Inc has taken a major step toward going public by confidentially filing a draft registration statement with the US Securities and Exchange Commission. The move signals growing confidence in the crypto sector and highlights Gemini’s strong position in the digital asset industry.

The draft filing relates to a proposed initial public offering of Class A common stock. Details like the number of shares and the price range are still to be determined. The offering is expected once the SEC completes its review and depending on market conditions.

This development is a positive sign for the broader cryptocurrency market. A successful IPO from a well-known crypto platform like Gemini could build trust among investors and push more traditional interest into the digital asset space. Crypto supporters see this as another milestone proving the long-term growth and acceptance of blockchain technology in mainstream finance.

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LATEST: Apple, X, Airbnb, Google Explore Stablecoin Payments for Users

Major tech companies including Apple X Google Airbnb and Uber are taking steps toward adopting stablecoins signaling a major shift in the digital payments landscape. Google Cloud has already begun accepting PYUSD payments marking one of the first real-world implementations of stablecoin use among big tech. Rich Widmann of Google Cloud called it a major leap forward comparing it to the impact of the SWIFT network.

X formerly Twitter is actively developing its payments platform X Money in collaboration with Visa and is in talks with Stripe to integrate stablecoins. Elon Musk aims to build a full-service financial layer into X aligning with his broader vision for an all-in-one super app. Airbnb is exploring stablecoin options through discussions with Worldpay while Apple has met with Circle about potential integration into its payment systems.

This wave of interest follows a more crypto-friendly stance by the US government and the introduction of the GENIUS Act. With Meta also revisiting stablecoin development tech leaders appear poised to make digital assets part of everyday financial transactions.

Report

Bitcoin 2025 Las Vegas: Here’s What Went Down

My name is Jenna Montgomery, and maybe you’ve read some of my news articles here before, or seen me on the Bitcoin Magazine TikTok. But today, I wanted to switch it up and give you an inside look at the Bitcoin 2025 Conference in Las Vegas through my eyes as an intern, hired just one month before the conference, having little knowledge about Bitcoin beforehand and never attending an event like this before. 

I’m writing this to give you a real, raw reflection of what I experienced over the course of the three day event, and why I believe you should absolutely attend the next Bitcoin conference. I want you all to know what goes down, what to expect, and to know how impactful I…

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TakeOver Successfully Hosts Second Annual BitGala Celebrating Bitcoin In Las Vegas

LAS VEGAS, NV, May 26, 2025 – TakeOver, Magic Eden, Spark, and Stacks successfully hosted their second annual BitGala on May 26th at the Wynn in Las Vegas. The celebration brought together over 200 Bitcoin industry leaders and community members for an evening dedicated to celebrating Bitcoin. 

The BitGala was designed as a curated gathering focused on inspiring continued development, education, and adoption while reflecting on the strides Bitcoin has made toward a future of open, decentralized money. The event successfully brought together key leaders, creating meaningful opportunities for collaboration and strategic partnerships within the Bitcoin space. 

“BitGala…

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Markets recover on jobs surprise amid political feud tensions

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

I was watching CNBC yesterday afternoon (and the French Open, don’t tell my boss) hoping to catch a glimpse of the NYSE exchange floor when Circle started trading, but a bigger story quickly dominated the news cycle. 

Fortunately for Circle shareholders, the political drama had seemingly no impact on shares of the newly-public stablecoin company. Trading under the ticker CRCL, the stock debuted more than 120% above IPO price. Demand was alive and well today, too, with more than 20 million shares traded before 11 a.m. ET. 

Back to that other big story, though. The biggest bromance…

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LATEST: Agricultural Commodity Firm Davis Commodities Buys $4.5M Bitcoin as Digital Gold

Davis Commodities has secured approval for a $30 million fundraising initiative with a strong focus on Bitcoin integration. The company will allocate $4.5 million of the funds in the first phase to build Bitcoin reserves aiming to boost asset diversification and enhance financial resilience. Management sees Bitcoin as a strategic hedge against inflation and a valuable store of wealth.

Bitcoin’s fixed supply and rising global acceptance have made it a key player in the financial world. Davis Commodities plans to adopt a phased approach using a mix of Bitcoin spot ETFs and secure cold wallet storage. This move reflects the growing shift toward non-sovereign digital assets for long-term stability and liquidity.

The company believes Bitcoin could play a bigger role in global trade as more countries recognize cryptocurrency. By incorporating digital assets and advanced risk management Davis Commodities aims to stay ahead in innovation support operational flexibility and ensure sustained growth in a changing economic landscape.

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