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Michael Saylor moved quickly on Friday to stamp out fresh speculation that his Bitcoin acquisition vehicle, Strategy, had quietly sold tens of thousands of coins during this weekās market downturn. The executive chair the claims āfalseā and insisted the company is still accumulating Bitcoin despite ā¦
By Joe LightWith the digital assets market faltering, so is the wealth that President Donald Trump's family has won from cryptocurrencies.Crypto-tied stocks and tokens owned by the president and his family have plummeted in the past month as Bitcoin dropped from its Oct. 5 high of $126,272. The Trumā¦
Crypto exchange Coinbase has slammed US banking groups for asking regulators to ban merchant rewards, cashbacks and discounts offered to customers who pay with stablecoins, calling the request āunamerican.āThe clash relates to the statutory language of the GENIUS Act, which prohibits stablecoin issuā¦
Grayscale Investments, an asset management company specializing in digital asset investments, has filed a registration statement as part of the process for going public on US markets.In a Thursday filing with the US Securities and Exchange Commission, Grayscale said it intended to list shares of itsā¦
Canary Capital is looking for the Securities and Exchange Commission's nod for an exchange-traded fund tracking the price of the lesser-known memecoin called MOG Coin.Ā The investment firm filed a registration statement on Wednesday for the Canary MOG ETF.Ā "The Trustās investment objective is to seekā¦
Canary Capital's XRP ETF to launch this weekThe first spot XRP ETFĀ is on track to be launched this week.Big day for XRP. Canary Capitalās spot XRP ETF will likely debut as early as Thursday.Eric Balchunas, Bloomberg's chief ETF expert, claims that Canary Capital's spot XRP exchange-traded fund couldā¦
Bipartisan Senate bill seeks to shift crypto oversight from SEC to CFTCBloomberg carried the report, in summary:Two U.S. senators unveiled a bipartisan draft bill that would transfer primary oversight of the cryptocurrency industry from the Securities and Exchange Commission (SEC) to the Commodity Fā¦
In a surprise late-night move, the U.S. Senate has passed the amended appropriations bill to reopen the government after the longest shutdown in American history, lasting 40 days. As reported by Eleanor Terrett, the bill now heads to the House for approval, where a final vote is expected within hourā¦
The US Internal Revenue Service (IRS), the countryās tax-collection bureau under the Department of the Treasury, has updated its guidance for cryptocurrency exchange-traded products (ETPs) to include a safe harbor for trusts to stake digital assets.Treasury Secretary Scott Bessent wrote in a Monday ā¦
Momentum for institutional adoption of XRP has surged as the Depository Trust & Clearing Corporation (DTCC) added five spot XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone.Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes āStruā¦
Coinbase is launching a new platform for primary token offerings, giving retail investors in the United States access to regulated cryptocurrency initial sales for the first time since 2018.The exchange plans to host about one token sale per month on its new platform, starting with blockchain protocā¦
Ripple doesnāt have any immediate plans to go public despite the recent conclusion of its nearly five-year legal brawl with the U.S. SEC.