Bitcoin Shrugs Off Growing Rate Cut Hopes as Stocks Climb
U.S. President Donald Trump meanwhile continued his tough talk on China. U.S. President Donald Trump meanwhile continued his tough talk on China. , Markets Decrypt
Category: Crypto
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Ondo meets with SEC Crypto Task Force to discuss tokenizing US securities
Ondo Finance and legal counsel from Davis Polk & Wardwell met with the US Securities and Exchange Commission’s Crypto Task Force on April 24 to discuss regulatory pathways for tokenized versions of publicly traded US securities, according to a memorandum reviewed by the agency’s staff. The meetings focused on structuring options and regulatory considerations for…
SEC delays decision on HBAR, Polkadot ETFs for additional review time
The US Securities and Exchange Commission has extended its timeline for deciding on proposed exchange-traded funds (ETFs) tied to Polkadot (DOT) and Hedera (HBAR). According to regulatory filings posted on April 24, the SEC has pushed the decision deadline to June 11 for Grayscale’s proposal to convert its Polkadot Trust into a spot ETF and…
President Trump’s Solana Meme Coin Plunges After Spike Over Exclusive Dinner
TRUMP is down 18% over the last day after skyrocketing Wednesday when top holders were offered an exclusive dinner with President Trump. TRUMP is down 18% over the last day after skyrocketing Wednesday when top holders were offered an exclusive dinner with President Trump. official-trump, , Markets Decrypt
Stablecoins entering mainstream adoption, poised for trillion-dollar market cap by 2030 – Citi
The stablecoin sector is entering a period of accelerated adoption comparable to the early growth of generative artificial intelligence (AI) tools like ChatGPT and could hit a market cap of over $1.6 trillion by 2030. According to a new report published on April 24 by Citi Group’s Global Perspectives & Solutions unit, stablecoins are now…
From $5 to $5 Million: Bitcoin Whale Moves BTC Mined 15 Years Ago
A Bitcoin whale who mined 50 BTC nearly 15 years ago finally moved the coins, potentially collecting massive gains if sold. A Bitcoin whale who mined 50 BTC nearly 15 years ago finally moved the coins, potentially collecting massive gains if sold. , Coins Decrypt
Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks
The Federal Reserve has joined its fellow U.S. banking regulators in deleting its crypto guidance of previous years, including notices that banks should get pre-approvals before they get involved in crypto activity. Now, all three agencies — including the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. — have joined…
Federal Reserve Withdraws Crypto Rules for Banks, Ending ‘Choke Point’ Practices
The U.S. central bank will now treat crypto like any other banking service, instead of approaching the industry with particular caution. The U.S. central bank will now treat crypto like any other banking service, instead of approaching the industry with particular caution. Law and Order Decrypt
Bitcoin options OI swells to $38B as calls crowd at $100,000 strike price
Bitcoin (BTC) options open interest expanded from $30.33 billion on April 21 to $37.92 billion on April 24, a 25% jump that outpaced Bitcoin’s 5.5% rise from $87,506 to $92,352 over the same stretch. Such a swift build in notional exposure shows traders rushing to add convex positions rather than thickening linear futures books. This…
SEC Needs More Time to Decide on Polkadot, Hedera ETFs
The SEC has delayed a decision on rules changes for ETFs based on Hedera and Polkadot, plus a fund based on Ethereum and Bitcoin. The SEC has delayed a decision on rules changes for ETFs based on Hedera and Polkadot, plus a fund based on Ethereum and Bitcoin. , Markets Decrypt
