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Just a few months after a new Congress rolled into Washington, lawmakers are starting to get cracking on crypto legislation with hopes that bills can get signed by President Donald Trump by the end of this year. "We're on the precipice of finally creating a bipartisan legislative framework for both …
XRP price declined by 16.8% between Feb. 23 and Feb. 26, leading to $79 million in leveraged long futures liquidations. Notably, the correction occurred despite a largely positive regulatory outlook and increasing odds of approval for a spot XRP exchange-traded fund (ETF) in the United States.At th…
By Frances YueWelcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch.Meme coins were having a moment not too long ago - but it seems that it has passed, for now.Last year, it was mostly bitcoin and meme coins that led digital-asset gains. In 2024, bitcoin (BTCUSD) ro…
The U.S. Securities and Exchange Commission has closed its investigation into crypto exchange Gemini and will not be pursuing enforcement action, according to a post on Wednesday."This comes 699 days after the start of their investigation and 277 days after they sent us a Wells Notice," Gemini co-fo…
The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator's ongoing case against the crypto entrepreneur and his company.The motion is similar to motions filed in the SEC's ongoing cases aga…
The growing M2 global money supply could trigger a major Bitcoin rally, but an analyst cautions against betting everything on the emerging signal.“This isn’t a market to bet your whole stash on a quick correction, but our central scenario is still for a strong March and beyond,” Pav Hundal, the lead…
The U.S. dollar pulled off an 11-week low versus major peers on Wednesday, helped by a rebound in short-term Treasury yields even as a run of weak economic data weighed on investor sentiment. The Canadian dollar slipped to a two-week low and the Mexican peso was weaker with a new round of from …
By Paul R. La MonicaSo much for Donald Trump being the crypto industry's favorite president. But the Bitcoin selloff opens up a window for investors to scoop up crypto-related stocks that are suddenly on sale.Since Inauguration Day, Bitcoin prices have tumbled more than 20% from an all-time high jus…
The U.S. dollar sagged near an 11-week low against its major peers on Wednesday, under pressure from sliding short-term Treasury yields after a run of weak economic data.The safe-haven yen strengthened towards its highest level since October with investor sentiment fragile amid the threat of new…
Grayscale Investments, a crypto asset-management company looking to add XRP and Cardano exchange-traded funds to its offerings, is now starting down the route for an ETF investing in Polkadot's DOT token as well. Nasdaq has filed a formal Form 19b-4 request with the U.S. Securities and Exchange Comm…
U.S. stock index futures edged lower on Tuesday after chip and megacap stocks lagged, with AI leader Nvidia down a day before its quarterly results, as investor concerns over the Trump administration's trade policies dampened market sentiment. ** Li Auto Inc :** NIO Inc :** Xpeng Inc :BUZZ - Li Au…
By Katy Barnato and Hannah Erin LangInvestors appear on edge early Tuesday, with geopolitics in the spotlight. Stocks swung between small losses and gains, while Treasury prices rose and cryptocurrencies sold off.The U.S. won backing Monday for a United Nations resolution on the Ukraine war that doe…