Fireblocks extends its services with the tokenization of tax refunds through NongHyup Bank. Digital assets platform Fireblocks has signed a Memorandum of Understanding (MoU) with NongHyup Bank, a large South Korean bank specializing in commercial credit and banking services for the agricultural sector. They hope to launch a prototype for tax refunds. Fireblocks and NongHyup...Continue Reading

BlockTower’s venture capital arm, BlockTower Venture Capital, will continue to operate independantly. Arca and BlockTower Capital agreed to merge into a unified cryptocurrency investment platform, according to a Nov. 13 announcement. “Investors have been clamoring for regulated digital assets investment offerings for years,” Rayne Steinberg, Arca’s CEO said in a statement.  The merger will help...Continue Reading

Bitcoin’s ability to reach and hold the $100,000 level will be influenced by the upcoming $11.8 billion options expiry. Bitcoin’s (BTC) market is preparing for the year-end $11.8 billion options expiry, set for Dec. 27 at 8:00 am UTC. Recent data reveals a strong advantage for call (buy) options, though bears could significantly limit their...Continue Reading

After securing a Republican Senate and a pro-crypto White House, crypto firms are now pushing for reforms at the SEC. With Donald Trump’s reelection and a Republican majority in the Senate, crypto firms are ready to advocate for a “fresh perspective” on federal agencies.  Ripple, one of the crypto companies engaged in battle courts with...Continue Reading

Lutnick has become increasingly visible to the crypto community due to his relationship with Tether and his appearance at Bitcoin 2024. President-Elect Donald Trump is selecting cabinet members for his upcoming administration in 2025, and the role of Treasury Secretary is now reportedly contested between Scott Bessent and Cantor Fitzgerald CEO Howard Lutnick. According to...Continue Reading

With Donald Trump’s election, a crypto-friendly regulator may replace SEC Chair Gensler, opening the door for staking rewards on spot ETH ETFs. With the landslide victory of President-elect Donald Trump, it would appear that the days are numbered for Gary Gensler, chair of the United States Securities and Exchange Commission (SEC). Market and political observers...Continue Reading

The Utopia Labs team will join the Base network to accelerate Coinbase Wallet’s on-chain payments buildout. Coinbase has bought Utopia Labs in a bid to build out the cryptocurrency exchange’s on-chain payments infrastructure, Coinbase said on Nov. 13. Utopia Labs’ team will join Base, Coinbase’s layer 2 scaling network, “to help accelerate our onchain payments...Continue Reading

The Galaxy Digital CEO argued that he does not expect the nearly $36 trillion national debt to be paid without devaluing the currency. Mike Novogratz, the founder of crypto investment and research firm Galaxy Digital, believes there is a “Low probability” that President-Elect Trump will establish a Bitcoin (BTC) strategic reserve during his term. In...Continue Reading

Prosecutors suggested that the FTX co-founder would be better able to develop a tool to detect “potential illegal activity” in crypto markets if sentenced to time served. FTX co-founder Gary Wang, scheduled to be sentenced for his role in the criminal misuse of funds at the defunct cryptocurrency exchange, could receive time served after a...Continue Reading

The tokenized money market fund will launch on nearly half a dozen new blockchain networks. Asset manager BlackRock will be launching its tokenized money fund on nearly half a dozen additional blockchain networks, according to a Nov. 13 announcement. The BlackRock USD Institutional Digital Liquidity Fund (BUIDL) will expand to Aptos, Arbitrum, Avalanche, Optimism and...Continue Reading