Breez has partnered with Turnkey to let developers add non-custodial bitcoin to applications that run wallets from their own servers, the companies announced.

The partnership addresses a structural problem. Many mainstream apps operate from the backend, with a single service handling millions of users. Adding bitcoin under that design has meant holding user keys on company servers. 

Holding keys makes a company a custodian, a status that carries licensing requirements, legal liability, and the security burden of a large store of user funds. The alternative has been to build a separate device-based wallet, a change that breaks the architecture these apps use to reach scale.

Read more on BitcoinMagazine

Cloudflare recently announced the launch of its monetization program via the Coinbase-led x402 machine payments standard. x402, which lets AI agents pay for data online with crypto, has been gaining steam among the AI-pilled, as it unlocks more capable agent interactions with the open web. 

Cloudflare, founded in 2009, has grown from a DDoS mitigation and content delivery network (CDN) provider into one of the internet’s foundational infrastructure companies.

The company, which launched publicly in 2010, had the mission to make web performance and security accessible to everyone, not just large enterprises. Today, Cloudflare powers approximately 20-23% of all websites…

Read more on BitcoinMagazine

The Senate passed a resolution on Wednesday stating that Sam Bankman-Fried should “under no circumstances” receive executive clemency, a rebuke of the FTX founder’s request that President Donald Trump commute or pardon his sentence.

The measure, S. Res. 772, cleared by unanimous consent, a procedure that adopts a resolution when no senator objects. It expresses the sense of the Senate that Bankman-Fried should receive neither a pardon nor a commutation, and it affirms the chamber’s commitment to “the rule of law and integrity of the United States financial system.” 

The resolution is nonbinding and does not limit the president’s constitutional power to grant…

Read more on BitcoinMagazine

Bitcoin has underperformed compared to other “risk-on” assets this year — and if history’s anything to go by, its price could dip as low as $38,000 by October. 

That’s according to a new report by NYDIG, which reveals that the asset’s current slump is down to supply mechanics rather than risk sentiment. 

Bitcoin’s price has in the past moved with tech stocks but 2026 has been different: AI-related equities have soared while crypto markets have slumped. Bitcoin was recently priced at $64,809, down nearly 30% year-to-date and close to 50% less than its October all-time high of $126,080. 

“Bitcoin’s 2025–2026 drawdown is bringing the 4-year cycle narrative…

Read more on BitcoinMagazine

President Donald Trump plans to meet with a group of senators at the White House on Thursday afternoon to address the last major obstacle to the crypto market structure bill, according to people familiar with the plans that spoke to Politico and lawmakers involved in the talks.

The sticking point is the ethics section of the Digital Asset Market Clarity Act, which would restrict senior government officials from holding personal business interests in the crypto sector. Democrats have made such limits a condition of their support, in large part to address Trump’s own ties to the industry. 

Negotiators have not reached a compromise, and the Senate calendar leaves a narrow…

Read more on BitcoinMagazine

A new study argued that Polymarket’s five-minute Bitcoin contract became a machine for wealth transfer. It moved money from retail bettors to a small band of manipulators, and it made Bitcoin’s spot price worse in the process.

The paper, “Settlement Manipulation in Prediction Markets” by David Dai, Ruizhe Jia, and Shihao Yu of Stanford and Singapore Management University, studied a product that did not exist before February 12, 2026. 

On that date Polymarket launched a binary contract that paid $1 if Bitcoin closed a five-minute window above where it opened, and $0 otherwise. A fresh contract opened every five minutes around the clock. 

Within months, Polymarket’s…

Read more on BitcoinMagazine

The Bitcoin price jumped over $65,500 on Wednesday after US inflation data showed that producer prices fell in June. 

Data from the Labor Department showed that the Producer Price Index posted its biggest decline in 14 months. The PPI, excluding food and energy, fell 0.3% in June, according to Bureau of Labor Statistics numbers. 

Bitcoin’s price was recently trading at $64,943, a 2% 24-hour jump. 

The Bitcoin price has typically surged when signs inflation is cooling emerge as investors then expect a bigger chance of lower interest rates. Crypto, stocks and other “risk-on” assets have in the past done well in a low-interest rate environment. 

Still, the cooling…

Read more on BitcoinMagazine

VerifiedX today announced the signing of a Memorandum of Understanding (MOU) with BitGo to provide qualified custody support for vBTC, with immediate support for vBTC.b, the non-synthetic canonical Bitcoin asset issued through the VerifiedX Network and deployed on Base. The partnership represents a significant milestone in bringing institutional-grade custody, compliance, and security standards to programmable Bitcoin while preserving direct redemption to native Bitcoin.

Under the agreement, institutions, asset managers, family offices, corporations, and professional allocators will be able to custody vBTC upon final integration and can now immediately custody vBTC.b through…

Read more on BitcoinMagazine

Japan’s parliament passed an amendment on Wednesday that reclassifies cryptocurrency as a “financial asset,” a shift that pulls bitcoin and other digital assets out of the country’s payments regime and into the framework that governs stocks, bonds, and investment trusts, according to a report from public broadcaster NHK.

The change strips crypto of its prior status under the Payment Services Act, where regulators treated it as a means of settlement, and folds it into the Financial Instruments and Exchange Act (FIEA), the same statute that oversees traditional securities. 

The amendment moves bitcoin and other crypto under a single investor-protection standard. NHK…

Read more on BitcoinMagazine

Keel Infrastructure Corp. has secured a set of approvals that push its data center project in Sherbrooke, Québec, toward construction. 

The City of Sherbrooke cleared the North American digital infrastructure and energy company to enter into an agreement with Hydro-Sherbrooke for the transfer and operation of 96 megawatts of existing capacity, along with a purchase agreement for the land where the campus will rise.

The power agreement lets Keel consolidate three of its current Bitcoin mining sites in the province into a single 96 MW campus. The company did not request additional power, a choice that preserves the use of current electrical infrastructure and keeps the project…

Read more on BitcoinMagazine