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The U.S. Securities and Exchange Commission pushed back deadlines for a few proposals on whether to approve exchange-traded funds tracking XRP and Dogecoin.The SEC asked for public comments for the 21Shares Core XRP Trust, the Grayscale XRP Trust, and the Grayscale Dogecoin Trust, according to filin…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Tuesday! On the latest episode of The Crypto Beat podcast, PayPal's digital asset chief Jose Fernandez da Ponte sat down to discuss its crypto vision — from PYUSD and payment use case…
With crypto assets quietly moving off exchanges and important metrics pointing away from overheated conditions, the momentum seems to be far from being exhausted.Several factors are at play, which suggest a growing case for the rally’s continuation.Market Sentiment Tilts BullishOver 3,090 BTC, which…
The US Securities and Exchange Commission’s sole Democratic Commissioner has said the agency is “playing a game of regulatory Jenga” with its approach to the crypto industry and market regulation under the Trump administration. In May 19 remarks at the SEC Speaks event, Commissioner Caroline Crensha…
U.S. senators are preparing to vote Monday on whether to advance landmark stablecoin legislation, following new Democratic support for the bill after earlier negotiations failed.The Senate will hold a cloture vote — a procedural step to advance legislation — on the Guiding and Establishing National …
An unprecedented surge in the Philadelphia Federal Reserve’s May Manufacturing Business Outlook Survey has jolted global risk markets and given crypto asset traders their clearest macro catalyst of the year. The Future New Orders diffusion index leapt by forty-plus points, a move that Julien Bittel,…
By Joe LightThe crypto industry appears poised to grab its first major legislative victory as Congress moves closer to passing a bill to regulate stablecoins. Its next goal — legislation regulating exchanges and token issuers — might be a steeper hill to climb.As soon as Monday, the Senate plans to …
The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group.Speaking to Cointelegraph at Consensus 2025, Carb…
By Paul R. La MonicaShares of Galaxy Digital, run by Bitcoin bull Mike Novogratz, rose nearly 15% as the crypto investing firm went public on the Nasdaq through a direct listing on Friday.The stock, which already trades on the Toronto Stock Exchange, will remain listed in Canada "for a period of tim…
New York Times (gated) with the report:A struggling technology company that has ties to China and relies on TikTok made an unusual announcement this week.It had secured funding to buy as much as $300 million of $TRUMP, the so-called memecoin marketed by President Trump.GD Culture Group, a publicly t…
The X account of the Ethereum layer 2 network ZKsync and its developer Matter Labs were compromised early on May 13, with hackers falsely claiming the network was being probed by US authorities, among other scam messages. A ZKsync-related X account posted on May 13, confirming the accounts for ZKsyn…
This week, MicroStrategy announced another massive Bitcoin purchase at 13,390 BTC, which were acquired for $1.34 billion. This represents a firm continuation of Saylor’s recent trend of major Bitcoin buys.The company recently received massive criticism for its potential instability, and the fundamen…