The industry-supported Promoting Innovation in Blockchain Development Act could be a solution by Congress to push back against criminalizing writing code. A bipartisan group of lawmakers in the US House of Representatives has introduced legislation aimed at halting prosecution of software developers who do not have custody or control of others’ crypto assets. In a...Continue Reading
ETH bulls briefly pressed the price above the $2,000 to support, but will a positive funding rate and increase in holder profitability generate sufficient momentum to hold the level? Ether (ETH) price reached a weekly high of $2,150 on Thursday, which is a key level for large ETH holders, but volatility in the crypto and...Continue Reading
Bitcoin trades below most holders’ cost basis, but a rally above $74,500 could change everything. Can the bulls pull it off? Bitcoin (BTC) has rebounded 7.45% over the past two days after dropping to $62,400 on Tuesday, below a key onchain price support. Despite the bounce, holders who bought between six months and two years...Continue Reading
The proposal would allow a US exchange to trade shares of a fund holding JitoSOL, representing the first SEC exchange filing for a liquid staking token ETP. Nasdaq has filed a proposed rule change to list the VanEck JitoSOL ETF, a fund designed to hold the Solana-based liquid staking token JitoSOL. Liquid staking allows users...Continue Reading
Bloomberg and Kaiko aim to embed licensed financial data directly on blockchain networks, targeting institutional tokenized Treasurys and repo markets. Bloomberg is collaborating with Kaiko, a Paris-based digital asset market data provider, to make Bloomberg’s licensed financial data accessible directly within blockchain environments rather than through traditional offchain databases. The companies said Thursday that the...Continue Reading
As US policymakers scrutinize prediction markets platforms, many Polymarket users won bets over speculation as to which insider trading an online sleuth had exposed. Update (Feb. 26 at 7:33 pm UTC): This article has been updated to include a statement from Meteora. Polymarket users betting on an employee at trading platform Axiom as the target...Continue Reading
Bitcoin institutional flows are cooling while its long-term holders and network participants absorb the supply. In a range-bound regime, these are the key signals to watch. Since dropping by 35% between Jan. 14 and Feb. 5, Bitcoin (BTC) has consolidated in a range between $60,000 to $70,000 over the past 22 days. At the same...Continue Reading
The GIF ETF combines nine leveraged single-stock strategies into a fund designed to generate weekly income through covered call options. US-based asset manager REX Shares has launched an exchange-traded fund that bundles leveraged covered-call strategies tied to nine individual stocks, including crypto-linked names Coinbase and Strategy, into a single income-focused product trading under the ticker...Continue Reading
AI and crypto-linked issuers are paying up to 9% for debt as lenders demand higher returns than traditional utilities. The AI and data center boom partly driven by Bitcoin miners is increasingly being financed through high-yield bond issuance, underscoring how lenders are pricing both risk and opportunity in the sector. According to TheEnergyMag’s latest newsletter,...Continue Reading
Amid reports that the White House will not consider a presidential pardon, the convicted former FTX CEO continues his efforts in court. Lawyers representing the US government in the case against Sam “SBF” Bankman-Fried have two weeks to respond to the former FTX CEO’s motion for a new criminal trial. In a Wednesday filing in...Continue Reading
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