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House Democrats and Republicans physically splintered Tuesday, holding separate meetings on cryptocurrency regulation as President Donald Trump's digital asset involvement creates palpable tension. In one Capitol Hill room, Rep. Maxine Waters, D-Calif., the top Democrat on the House Financial Servic…
Kalshi posted to X on Tuesday that the Commodities and Futures Trading Commission (CFTC) has moved to dismiss an appeal against the crypto prediction platform."Election markets are here to stay," Kalshi said.The prediction market platform, which lets users wager on the outcome of specific events by …
The digital asset management firm Bitwise submitted a registration statement for a NEAR exchange-traded fund with the U.S. Securities and Exchange Commission, according to an S-1 filing.Bitwise's NEAR ETF would give investors exposure to NEAR through a traditional brokerage account without them havi…
Institutional DeFi solutions provider IntoTheBlock and digital assets financial services firm Trident Digital announced a merger on Tuesday to form Sentora.Sentora has secured $25 million in Series A funding at launch, led by New Form Capital, to build an institutional DeFi platform combining analyt…
Lawyers for Alex Mashinsky have asked a U.S. court to impose a sentence of no more than 366 days on the former Celsius CEO, who in December pleaded guilty to one count of commodities fraud and one count of manipulating the price of the CEL token. The motion was a final call for leniency and a respon…
Bitcoin and the broader crypto market are headed for a sharp uptrend, according to Binance founder and former CEO Changpeng "CZ" Zhao.Bitcoin could climb to anywhere between $500,000 and $1 million this cycle, and the total crypto market capitalization could touch $5 trillion by the end of this year…
U.S. asset manager VanEck has submitted an S-1 document to the U.S. Securities and Exchange Commission for a spot BNB exchange-traded fund as the race for altcoin ETFs continues to heat up under new SEC leadership.VanEck is the first asset manager to file for a BNB ETF. 21Shares manages the 21Shares…
Publicly listed companies worldwide could allocate up to $330 billion to bitcoin treasuries over the next five years, according to a research note from Bernstein. The projection follows growing institutional adoption and the success of bitcoin-heavy corporate treasuries like Strategy, formerly known…
Real-estate software firm and SOL accumulator DeFi Development Corporation has agreed to acquire a Solana validator business for a purchase price of $3.5 million. The acquisition will be financed via a $3 million restricted stock offering as well as $500,000 in cash. The SOL validator business held …
House Republicans unveiled a discussion draft of a bill to regulate the digital asset industry, expanding on work done over the years. Top Republicans on the House Financial Services Committee — Reps. French Hill and Bryan Steil — along with their counterparts on the House Agriculture Committee — Re…
U.S. spot bitcoin exchange-traded funds reported $1.81 billion in net inflows last week, extending their streak of positive weekly inflows to three consecutive weeks.SoSoValue data shows that the spot bitcoin ETFs in the U.S. recorded their third consecutive weekly inflow for the week ending May 2, …
AdTech company Thumzup Media Corporation is seeking to bolster the size of its bitcoin treasury by a factor of over 100, a new SEC filing shows. Thumzup, which currently holds about $1.8 million worth of bitcoin, is offering $200 million in stock, warrants, and other units to investors to boost the …