Solana ETFs face SEC rejection roadblock
U.S. Solana ETFs could face approval delays amid a transition in federal administration and agency leadership. Some spot Solana (SOL) exchange-traded fund issuers were informed of upcoming roadblocks for their…
Solana’s Pump.fun bans UK users after FCA warning
Pump.fun users in the United Kingdom have been barred from accessing its Solana meme coin launchpad. Following a warning from the U.K. Financial Conduct Authority, Pump.fun updates its terms of…
Ripple targeting year-end RLUSD stablecoin launch: report
Ripple is pushing to launch its U.S. dollar-pegged stablecoin, RLUSD, by the end of 2024, though regulatory approvals and the holiday season could cause delays. This sentiment comes from Ripple…
US Bitcoin ETFs surpass Satoshi’s slumbering stack
U.S. Bitcoin ETFs have surpassed Satoshi Nakamoto’s holdings, amassing over 1.104 million tokens within a year of their launch. Spot Bitcoin (BTC) exchange-traded funds in the U.S. have become the…
‘Hardly money’: Former NY Fed chief blasts Trump’s Bitcoin reserve
Bill Dudley, the former chief of the New York Fed, warned against holding Bitcoin as a reserve and urged a focus on regulation. Dudley criticized a proposed federal Bitcoin (BTC)…
BEAM Foundation launches $40m initiative for AI and crypto computing
Aethir, Beam Foundation, and MetaStreet have partnered to launch Tactical Compute, a $40 million initiative designed to meet the growing demand for computing power in artificial intelligence and blockchain. The…
US gov told banks to suppress crypto, Coinbase documents show
Internal Federal Deposit Insurance Corporation communications suggest the agency deliberately limited U.S. banks’ involvement with crypto businesses in 2022. These communications, brought to light by Coinbase, highlight how regulatory ambiguity…
Czech Republic exempts three-year old Bitcoin from capital tax gains
The Czech Republic Parliament reportedly passed a law that would exempt Bitcoin held for more than three years from capital tax gains, placing it on the same level as stocks.…
Token unlocks ‘almost always negative for price,’ Keyrock’s study reveals
Weekly token unlocks see 90% resulting in price drops, Keyrock’s study reveals, showing that larger events cause more severe declines and team unlocks triggering crashes up to 25%. When token…
ACX soars nearly 150%, reaching new all-time high after Binance listing announcement
ACX and ORCA received a significant boost in their prices right after Binance announced the listing of both tokens with added seed tags to warn users of potential higher volatility.…