Bitcoin (BTC) traders saw a drop to just over $81,500 in Asian morning hours on Monday following a weekend slide that saw major tokens lose momentum after a brief rally last week. XRP and Cardano’s ADA experienced the biggest losses…
Galaxy Digital (GLXY), led by Mike Novogratz in the digital asset financial services sector, has agreed to pay $200 million to the New York Attorney General’s (NYAG) office to settle issues related to the collapse of the Terra-Luna ecosystem in…
Nasdaq has submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) seeking approval for the listing of a spot Avalanche exchange-traded fund (ETF) managed by Grayscale. Grayscale currently manages an Avalanche Trust that comes with a 2.5%…
An analyst predicts that by 2030, a quarter of the S&P 500 will have Bitcoin on their balance sheets as a long-term asset. Elliot Chun, a partner at Architect Partners, made this forecast in a market snapshot. This strategy of…
It’s a bloodbath for digital assets, with traders hitting the sell button, wiping out over $160 billion of the total cryptocurrency market cap since Friday. Few things have compounded as the first quarter of this year closes out, leading to…
Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) have reintroduced a bill aimed at combating illicit finance and terrorist financing on digital asset platforms. The previous version of the bill passed the House of Representatives last year but did not…
Under the leadership of Executive Chairman Michael Saylor, the company formerly known as MicroStrategy has accumulated 506,137 bitcoin (BTC), valued at around $44 billion at current BTC prices, over the past five years. While it may appear that the company…
An investment firm with connections to the sons of U.S. President Donald Trump, Eric and Donald Trump Jr., is allocating some of its extra funds to a spot bitcoin exchange-traded fund (ETF) – a unique approach to the popular trend…
The past week saw a downturn in crypto prices, with both BTC and ETH experiencing losses. The CoinDesk 20, which tracks 80% of the market, dropped by 7% since Monday. However, stablecoins remained active throughout the week. The U.S. House…
Since U.S. President Donald Trump reassumed office just over two months ago and appointed Commissioner Mark Uyeda as acting chair, the U.S. Securities and Exchange Commission has dropped or paused more than a dozen ongoing cases (and lost one). Welcome…
