The total crypto market capitalization has fallen to an eight-month low, wiping out all gains this year, as analysts remain bearish in the short-term. Total […]
US Senate Confirms Crypto Friendly Leaders to Head CFTC and FDIC
The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission and has elevated Travis Hill to […]
How Cheap Power Made Libya a Bitcoin Mining Hotspot
Key takeaways Libya’s cheap, subsidized electricity made it profitable to run even older, inefficient Bitcoin miners. At its peak, Libya is estimated to have generated […]
SEC Says Hosted Bitcoin Miners Could Trigger Securities Laws
The US Securities and Exchange Commission has flagged in a lawsuit that third-party Bitcoin mining hosting services can be a securities offering, a position strongly […]
Bitwise Files For Spot SUI ETF With SEC
Crypto asset manager Bitwise has filed with the US Securities and Exchange Commission to launch an exchange-traded fund tracking the Sui token. The firm submitted […]
Coinbase Appoints George Osborne As Internal Advisory Council Chair
Coinbase, the largest US-based crypto exchange, has appointed George Osborne, a former United Kingdom chancellor of the exchequer, to run the company’s internal advisory council. […]
XRP ETFs Push Past $1B AUM Amid ‘Familiarity’ Factor: Exec
XRP exchange-traded funds have surpassed $1 billion in assets due to the long-standing recognition of the token among mainstream market participants, combined with its strong […]
Synthetix Returns To Ethereum Mainnet After 3 Years
Perpetuals trading platform Synthetix is returning to Ethereum’s mainnet, with its founder arguing the network is now more than capable of supporting high-frequency financial applications […]
Sacks Says CLARITY Act Will Reach Senate Next Month
The long-awaited Digital Asset Market Clarity Act, or CLARITY Act, is moving closer to passage, with a Senate markup expected in January, says White House […]
Brazilian Stock Exchange to Launch Tokenization Platform and Stablecoin
Brazilian stock exchange B3 announced a move deepening its ties to digital assets through the launch of a tokenization platform and stablecoin for settlements, starting […]