Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law
Bitcoin Liquidations Drop to Lowest Since April, Indicating Waning Interest Among Futures Traders
Trading volumes slumped 55% on Tuesday compared to Monday in a sudden market shift, data shows.
MicroStrategy Only Needs to Liquidate Bitcoin in Extreme Price Corrections: Bernstein
A more robust bitcoin price means the company has a stronger balance sheet, a higher share price and easier debt repayment without the need to sell down its cryptocurrency holdings, the report said.
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets.
South Korea Wants Companies to Disclose Crypto Holdings
Companies that issue or own crypto will have to make disclosures in their financial statements from next year onwards, say draft rules.
Crypto Traders Prepare for Bitcoin Volatility as Focus Shifts to U.S. CPI
Crypto traders anticipates a big move in bitcoin as Bollinger bands have tightened to the lowest level since early January.
Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens
StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back
Cathie Wood’s ARK Sells $12M Coinbase Shares as COIN Nears Yearly High
ARK currently owns 11.03 million shares of Coinbase.
First Mover Asia: Crypto Market Is on ‘Standby’ as Release of June Inflation Data Nears
PLUS: A Freely Convertible Yuan is a Requirement for a CNY Stablecoin
Tokenized U.S. Treasurys Surpass $600M as Crypto Investors Capture TradFi Yield
Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz.
Tim Draper Still Thinks Bitcoin Can Reach $250K – Just 2 Years Later Than He Expected
Even though billionaire investor and venture capitalist Tim Draper was clearly wrong when he predicted bitcoin (BTC) would reach $250,000 in June 2023, he said he still believes that it will happen eventually, maybe in 2025.
Aptos Voting to Enable Fungible Assets With Network Upgrade
Aptos is holding a vote on upgrades to its blockchain, its tokenomics and its ability to handle fungible assets.
Arkham CEO Defends ‘DOX-to-Earn’ Program, Says Public Blockchains ‘Worst’ for Privacy
“Publicly available blockchains are probably the worst possible way of keeping one’s private information private,” said Arkham CEO Miguel Morel.
U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft
The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.
AI-Backed Web3 Security Firm Olympix Raises $4.3M
Boldstart Ventures led the round for the startup, which helps developers avoid vulnerabilities in smart contract code.
MATIC Surges 10% as Polygon’s 2.0 Upgrade Draws Closer
Matic, the native token of layer-2 blockchain Polygon, has surged by 10% from Monday’s low of $0.67 as traders anticipate the upcoming Polygon 2.0 upgrade.
BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level
An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.
Coinbase Soars After Reaching Cboe Surveillance Sharing Agreement for 5 Bitcoin ETF Applications
Shares of Coinbase jumped as much as 16% Tuesday after the crypto exchange reached an agreement with Cboe’s BZX Exchange to maintain a surveillance-sharing agreement for five of its spot bitcoin exchange-traded fund (ETF) applications.
Brevan Howard Joins $12M Round for Liquid Staking Protocol Alluvial
Ethereal Ventures and Variant co-led the round for Alluvial, creator of the enterprise and institution-focused Liquid Collective.
Federal Prosecutors Investigate Former FTX Executive Over Possible Campaign Law Violations: WSJ
Ryan Salame is being investigated for potentially illegally avoiding federal limits on contributions to his girlfriend’s congressional campaign last year