The token launched by a stablecoin project previously advised by Paul Atkins soared 13.6% as Coinbase confirmed its listing and Atkins was officially sworn in as SEC chairman. A governance token for the Reserve Protocol stablecoin, launched by a firm previously advised by sworn-in SEC Chair Paul Atkins, has surged over 13% after crypto exchange...Continue Reading

The POTUS has reiterated his calls to lower interest rates as stock markets continue to tumble and the Dollar Index hits a three-year low. Crypto markets avoided the fallout caused by US President Donald Trump’s latest salvo against Federal Reserve Chair Jerome Powell, which saw the US stock market slump and the dollar continue to...Continue Reading

The blockchain’s founder will burn 150 million OM tokens, reducing the total supply to 1.67 billion, with another 150 million from “key ecosystem partners” to also be burned. Mantra founder and CEO John Patrick Mullin has started unstaking 150 million of his Mantra (OM) tokens in preparation for sending them to a burn address in...Continue Reading

Since disclosing its Solana treasury reserve on April 21, Upexi’s shares on the Nasdaq have surged more than 630%. Upexi, a brand owner that specializes in supply chain management, is diversifying into the cryptocurrency sector. On April 21, the company announced a $100 million raise, with over 90% earmarked for building a Solana (SOL) treasury...Continue Reading

Paul Atkins was sworn into office as the 34th chairman of the Securities and Exchange Commission. Update: April 22 at 12:35am UTC: This story has been updated to include more details of Paul Atkins being sworn in as the SEC’s chair. Paul Atkins has officially been sworn in as the 34th chairman of the US...Continue Reading

The ETFs will access Solana staking through Canada’s newly approved staking feature for crypto funds. ARK Invest has added exposure to staked Solana (SOL) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph.  As of April 21, the two ARK funds — ARK...Continue Reading

The proposed ETFs incorporate holding strategies that range from altcoins to memecoins, crypto indexes and derivatives. More than 70 cryptocurrency exchange-traded funds (ETFs) are slated for review by the US Securities and Exchange Commission (SEC) this year. According to Bloomberg analyst Eric Balchunas, the list includes proposed ETFs holding a range of assets, from altcoins...Continue Reading

A class-action lawsuit filed in New York alleges that Meteora, Kelsier Labs, and specific individuals misrepresented the M3M3 token to “illicitly enrich themselves.” A group of investors has filed a class-action lawsuit against decentralized cryptocurrency exchange Meteora, alleging the firm was involved in manipulating the launch and market price of the M3M3 token. In an...Continue Reading

The futures contracts are regulated by the US CFTC and add to a growing list of crypto derivatives products available for retail and institutional investors. Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures...Continue Reading

The legislation proposed by New York Representative Nydia Velázquez came after the Puerto Rico Governor floated a 4% capital gains tax for new applicants. A member of the House of Representatives has proposed legislation aimed at stopping investors from using the US territory of Puerto Rico as a crypto tax haven. According to an April...Continue Reading