In brief The Crypto Council for Innovation has asked the SEC to clarify that staking is not an investment activity. In an open letter, it urged alignment with prior SEC positions on mining, stablecoins, and memecoins. It also proposed industry standards for transparency and user control in staking services. A coalition of major crypto firms […]
Crypto Industry Pushes SEC for Clarity on Staking Rules Read More »
El Salvador is quietly defying the IMF, accelerating daily bitcoin buys and reinforcing its bold crypto strategy on the global stage. El Salvador Keeps Buying Bitcoin Daily Despite IMF Loan Conditions El Salvador’s commitment to bitcoin remains steadfast despite pledges made to the International Monetary Fund (IMF) to curb crypto purchases. Speaking during an interview
El Salvador Committed to Buying Bitcoin Despite IMF Deal, Minister Says Read More »
Key takeaways: XRP price dropped by 5% over the past 24 hours as US GDP data showed a shrinking economy. However, a strengthening market structure and investors’ growing hope for a spot XRP ETF approval in the United States suggest that the altcoin might revisit its April peak at $2.36 in the short term. XRP/USD
XRP traders predict new all-time highs as ETF approval odds rise to 85% Read More »
Nearly 30 crypto advocate groups led by the lobby group the Crypto Council for Innovation (CCI) have asked the Securities and Exchange Commission for clear regulatory guidance on crypto staking and staking services. The CCI’s Proof of Stake Alliance (POSA) group argued in an April 30 letter to the agency’s Crypto Task Force lead, SEC
US crypto groups urge SEC for clarity on staking Read More »
Key Takeaways Tesla’s board is searching for Elon Musk’s successor amid declining sales. The search is driven by external consultancy and Musk’s reduced focus on day-to-day operations. Share this article Tesla’s board of directors quietly initiated a search for CEO Elon Musk’s successor amid declining sales and profits, reaching out to several executive search firms
Tesla board quietly begins search for Musk’s successor amid company challenges: WSJ Read More »
North Carolina’s House of Representatives passed a bill that would authorize the state to invest in digital assets, part of a push among states to adopt crypto. The measure now moves to the Senate for further debate. Dubbed the “Digital Assets Investment Act,” HB92 was introduced on February 10 and passed its third reading in
North Carolina Digital Assets Bill Passes House, Moves to Senate for Debate Read More »
Bitcoin recovered from an intraday dip to trade near $94,700, down slightly over 24 hours. US stocks also recovered late after falling over 2% early on weak economic data. Altcoins generally underperformed Bitcoin, with the CoinDesk 20 index down 2%. Cryptocurrency markets navigated a choppy session on Wednesday, ultimately demonstrating resilience alongside traditional US equities
Bitcoin steady near $95K, but is market ‘blind’ to economic headwinds? Read More »
In brief Metaplanet plans to raise $250 million for its new Florida subsidiary The company already holds 5,000 BTC, halfway to its target of 10,000 BTC. Florida was chosen for its emerging status as a hub for Bitcoin innovation and adoption, according to the company’s CEO Metaplanet Inc. plans to establish a wholly owned subsidiary
Metaplanet to Establish US Subsidiary, Seeks $250M to Boost Bitcoin Strategy Read More »
BRICS trade just hit a seismic milestone — over 65% now in national currencies as the bloc accelerates its exit from the U.S. dollar. BRICS Pushes Dollar Aside, Eyes Next-Level Financial Sovereignty Russian Foreign Minister Sergey Lavrov announced on Monday in Rio de Janeiro that trade between BRICS nations is increasingly shifting away from the
BRICS Slashes US Dollar Use to One-Third as Local Currencies Surge in Trade Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has been consolidating in a tight range between $92,000 and $96,000 since last week, frustrating both bulls and bears as volatility compresses. This narrow trading band is unlikely to last much longer—once Bitcoin breaks out of this range, analysts expect a
Bitcoin STH YoY Realized Price Well Below 2021 Highs – Room For Growth? Read More »
