Crypto markets are trading with heightened caution as Bitcoin stabilizes around $110,900 and Ethereum slips to $4,330, with investors weighing macroeconomic risks and awaiting U.S. jobs data. Institutional flows in Dogecoin are picking up, reflecting active participation from market makers and he... ... Read full CryptMarket Analysis — 5-9-18
Bitcoin has been struggling to break past the $112,000 mark, leaving many investors frustrated. But according to Matt Hougan, Bitwise Chief Investment Officer, the story isn’t about Bitcoin’s weakness, it’s about powerful forces holding it back. In a recent interview with CoinDesk, he boldly said, “…
The US Senate updated its crypto market structure bill on Friday, adding a key provision to clarify how tokenized assets are regulated.The new clause would ensure that stocks and other securities remain classified as securities when tokenized on a blockchain, avoiding potential confusion over whethe…
U.S. Senators introduced an updated draft of the market structure bill on Friday, aiming to bring more clarity to digital assets and cryptocurrencies.One of the most notable changes is that stocks and securities will not be treated as commodities if they are tokenized. The bill also excludes certain…
Cryptocurrency trader and analyst Ali Martinez has shared with the crypto community that whales have been dumping ADA, disposing of massive amounts of Cardano’s native coin.This coin sell-off aligned with a 4.35% ADA price decline as it fell from $0.84. However, over the past 24 hours, Cardano’s nat…
Today in crypto, Sora Ventures launched $1 billion Bitcoin treasury fund, backed by $200 million from institutional partners, to accelerate corporate adoption of Bitcoin within six months. An SEC investigation has revealed that their IT department inadvertently deleted a year’s worth of sensitive te…
The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have doubled down on their message to the crypto industry earlier this week by announcing a roundtable set for the end of September where they will discuss bringing "novel and innovative products" back to Americ…
Nearly a year’s worth of text messages from former U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler were permanently deleted due to a string of technology and management failures inside the agency, according to a new report from the SEC’s Office of Inspector General (OIG).What Happen…
Trading company and market maker Wintermute asked the United States Securities and Exchange Commission (SEC) to confirm that network tokens should not be classified as securities. In formal feedback to the agency’s request for comment, the company said clear guidance on the security status of tokens…
Staff from two U.S. financial agencies issued a joint statement yesterday (Tuesday). The statement came from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).The statement clarifies the staff's view on trading specific crypto products. It notes that ex…
Tokenized real-world asset issuer Ondo Finance and the Ondo Foundation have launched 24/7 onchain access to more than 100 U.S. stocks and ETFs.The project's Ondo Global Markets platform is available to eligible Asia-Pacific, European, African, and Latin American investors, with plans to scale to ove…
US Bancorp has reentered the crypto space by relaunching its digital asset custody services aimed at institutional investment managers. US Bancorp’s reentry follows a regulatory shift under President Donald Trump’s current administration, which rolled back a previous SEC rule that had forced banks t…
XStocks, a tokenized stock product owned by Backed Finance, is launching on Ethereum with about 60 tokenized stocks, including NVIDIA, Amazon, Tesla, Meta and Walmart, according to an announcement on Tuesday. Before its debut on Ethereum, xStocks had launched on Solana, BNB Chain and Tron. Behind th…