Crypto asset manager Bitwise has filed for a Solana (SOL) exchange-traded fund (ETF)—just as the asset closes in on a new all-time high price. The spot ETF, if approved, would give investors exposure to SOL, the fourth-biggest cryptocurrency by market cap. SOL is now trading hands for just over $255, according to CoinGecko data, after nearly touching $259 on Thursday…
The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation. Source: https://cointelegraph.com/news/sec-broker-dealer-rule-struck-down-us-courts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The Rise of Crypto Exchange Tokens as Blue Chips Institutional interest in cryptocurrencies is surging, driven by the success of spot Bitcoin ETFs and increasing adoption of blockchain technologies. While much of the crypto market remains speculative, exchange tokens, the native cryptocurrencies of trading platforms, are well-positioned to become the blue-chip investments of the digital finance era, offering both stability…
The cryptocurrency market is experiencing a sharp rise in altcoin prices following the U.S. presidential election, fueled by expectations of a pro-crypto administration, according to Cryptoquant’s latest analysis. Report Highlights Altcoin Price Spikes Amid Hopes of Pro-Crypto U.S. Leadership Cryptoquant analysts report that layer one (L1) cryptocurrencies have surged significantly, with notable increases observed in […] Source: https://news.bitcoin.com/cryptoquant-report-record-breaking-activity-propels-altcoins-to-new-heights/
Bitcoin (BTC-USD) surged back to $98,000, nearing its record high, following the announcement that Securities and Exchange Commission (SEC) Chair Gary Gensler will step down on January 20. This key development coincides with heightened optimism about potential pro-crypto policies under the incoming U.S. administration, creating a bullish environment for digital assets. The cryptocurrency peaked at $98,300 in early trading before…
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term. Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Securities and Exchange Commission (SEC) Chair Gary Gensler announced his resignation Thursday, throwing in the towel on efforts to reign in the digital assets industry. After leading the regulator’s crypto crackdown against many major industry players, Gensler said Thursday that he will resign on January 20, 2025 as Donald Trump begins his second term, following his recent election win. “The…
Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange. Source: https://cointelegraph.com/news/bit-global-claims-coinbase-delisted-wbtc-for-competitive-advantage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host $6.1 Billion AI Project Core Scientific’s (Nasdaq: CORZ) revised lease agreements and power […] Source: https://news.bitcoin.com/from-bitcoin-to-ai-core-scientifics-6-1-billion-denton-transformation/
Mastercard Multi-Token Network is connecting with JPMorgan’s ambitious Kinexys Digital Payments for faster settlement. Source: https://cointelegraph.com/news/mastercard-jpmorgan-cross-border-payment-solution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
