Tether May Have to Sell Some Reserves to Comply With U.S. Stablecoin Rules: JPMorgan
Company data suggests that Tether's reserves are 66% compliant under the STABLE Act and 83% under the GENIUS Act, the report said.
El Salvador Dispatch: Searching for Bitcoin City, the Modern El Dorado
President Nayib Bukele vowed to build Bitcoin City on the Conchagua volcano. CoinDesk went looking for signs of construction.
Rumor: Will Musk’s DOGE Pick Cardano? What We Know
Cardano is at the center of fresh speculation after reports emerged that Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE)—is exploring blockchain technology to streamline federal operations. According to sources cited by Bloomberg, Musk has suggested that a digital ledger could offer a cost-efficient mechanism for tracking federal spending, securing sensitive data, […]
OpenSea Confirms Upcoming Token Airdrop, Expands to Crypto Trading
The new platform OS2 will combine NFT and token trading and support multiple blockchains.
CoinDesk 20 Performance Update: NEAR Sinks 3.1% as Index Trades Lower From Wednesday
Avalanche (AVAX) was also an underperformer, dropping 2.6%.
SEC Vs Coinbase: US Regulator’s Next Move To ‘Reveal A Lot’ About New Crypto Approach
After the news of the Securities and Exchange Commission (SEC) and Binance’s request to halt their legal battle, some believe other crypto litigations will be next. However, Coinbase’s “unique” situation could shed some light on the regulatory agency’s new crypto approach. Related Reading: Hacker Pleads Guilty in Crypto-Related SEC X Account Breach Coinbase To Follow […]
Best Altcoins to Buy as 21Shares Files to Stake Its Spot ETH ETF – Crypto Bull Run Incoming?
Earlier today, CBOE BZX Exchange filed for 21Shares to stake its spot $ETH exchange-traded fund (ETF), sparking optimism of a crypto bull run. If approved, 21 Shares would break new ground, so it’s not surprising that the 24-hour trading volume for $ETH has shot up by ~35% alongside the news spreading. Reason for the hype […]
U.S. January PPI Rose a Faster Than Expected 0.4%; Annual Pace Jumped to 3.5%
Under pressure this morning ahead of a coming Trump tariff announcement, the price of bitcoin didn't immediately react to the data.
Tokenization Platform Midas Expands Yield-Bearing Tokens With DeFi-Fund-Linked Offerings
The new Liquid Yield Tokens (LYT) offer a floating value based on DeFi funds, starting with Edge Capital, RE7, and MEV Capital.
SEC To Crypto: We’re Not Enemies Anymore, Commissioner Hester Peirce Says
A new era of cryptocurrency regulations is about to be unveiled as a commissioner of the US Securities and Exchange Commission (SEC) confirmed that the agency would move in the opposite direction of its strict oversight policies. Related Reading: Bitcoin On The Fed’s Radar? Journalist Notes Growing Acceptance SEC Commissioner Hester Peirce said that the […]