UNITED STATES

Highlights: Consensys urges clear crypto rules and regulatory transparency in a letter to the future US president. The firm cites stopping illicit activity, encouraging innovation, and protecting consumers as crucial imperatives. According to Consensys, ambiguous policies stifle innovation and may […]

Highlights: The Fed paper suggests taxing or banning Bitcoin to address government budget deficits. Bitcoin’s fixed supply disrupts traditional fiscal policies, creating a “balanced budget trap.” Critics argue the report aligns with the ECB’s negative stance on Bitcoin. The October […]

Highlights: SEC delayed the decision on Ethereum ETFs listing options until December 3, 2024, from October 19. Cboe Exchange’s request to list options on nine Ethereum ETFs remains under SEC review. Institutional interest in cryptocurrency investment products continues to rise […]

Highlights: BlackRock’s iShares Ethereum Trust (ETHA) has garnered over $1 billion in inflows since its launch. ETHA accumulated nearly $870 million within its first 11 trading days. The SEC delayed options approval for BlackRock and Bitwise Ethereum ETFs to November […]

Highlights: U.S. authorities seized $6M in crypto linked to Southeast Asian fraudsters. The FBI traced funds and located multiple cryptocurrency wallet addresses. Fraudulent investment schemes caused significant losses for countless American victims. U.S. authorities have confiscated over $6 million worth […]

Highlights: Bitcoin surged 2.9% after the Fed’s interest rate cut, reaching $62,575.   Broader cryptocurrency markets gained as investor confidence improved following the Fed’s decision.   The Federal Reserve signaled cautious future rate adjustments despite cutting rates for the first time in […]

Highlights: Louisiana leads as the first U.S. state to accept cryptocurrency for government services. The initial crypto transaction was processed for a fine via the Bitcoin Lightning Network. This innovative step aims to enhance citizen flexibility and modernize state interactions. […]

Highlights: Grayscale is on the verge of introducing a first-ever U.S. XRP trust. By launching the trust entity, Grayscale will delve into an XRP ETF commodity in the future. XRP price has surged by over 4% in its 24-hour-to-date variable, […]

Highlights: US Bitcoin ETFs experienced $1.2 billion in outflows in eight days, the longest streak since their launch. Bitcoin’s price fell 17.28% in early September, impacting market sentiment. Jim Bianco says Bitcoin ETFs need more time to mature fully. US […]

Highlights: A United States court recently rejected Kraken’s bid for an appeal in its legal dispute with the U.S. SEC. The court case that began in November 2023 has negatively impacted Kraken’s outlook. The CLO at Kraken has reacted to […]

Highlights: The SEC has rejected Hex founder Richard Heart’s attempt to dismiss the case against him. The case involves allegations of $1 billion in unregistered securities offerings. The lawsuit asserts that Hex, Pulse X, and PulseChain are considered securities. The […]

Highlights: Senator Lummis introduced the BITCOIN Act to create a US Bitcoin reserve and boost economic stability. The bill includes strict security measures and aims to acquire up to 1 million Bitcoins. Key politicians and market experts support the proposal, […]