SEC’s Peirce likens navigating unclear US crypto rules to “floor is lava.” Peirce flags uncertainty over asset classification and staking compliance. Commissioner Uyeda calls for broader crypto custody options (e.g., state trusts). Navigating the regulatory landscape for cryptocurrency in the United States feels akin to playing a high-stakes game of “the floor is lava,” according…
“Bitcoin fundamentals have turned bullish, not a bad setup to break all-time highs,” said technical analyst Willy Woo on April 27. He added that capital flows into the network “are ramping up,” sharing a chart that showed an increase in 30-day total flows and a decrease in 30-day speculative flows. “Both total and speculative flows…
Cardano price started a fresh increase from the $0.620 zone. ADA is consolidating near $0.70 and eyes more gains above the $0.720 zone. ADA price started a recovery wave from the $0.650 zone. The price is trading above $0.680 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance…
Coinbase has urged the US Office of Government Ethics to remove a rule banning Securities and Exchange Commission staff from holding crypto. SEC staff need to use crypto to better understand how it works and the best way to regulate it, Coinbase chief legal officer Paul Grewal argued in open letters sent to OGE acting…
TL;DR Most of the cryptocurrency market has stalled over the past 24 hours, but XRP has emerged as the top gainer from the larger-cap alts. This comes amid positive news on the Ripple ETF front, albeit not what the XRP community anticipates. Bitcoin, alongside most of the market, had a quiet weekend, but prices started…
Crypto exchange Bitget says it is sending letters from its lawyers to account holders it alleges were involved in manipulating the price of perpetual futures contracts tied to the VOXEL token. Eight account holders that the exchange accuses of being involved in the April 20 incident and who allegedly pocketed $20 million between them will…
Crypto and stock markets saw some recovery last week as sentiment improved. However, many analysts think that US equities are not out of the woods yet. Escalating global trade tensions have almost dragged stocks into a bear market. Tariff uncertainty, signs of an economic slowdown, and persistent inflation continue to impact consumer and investor sentiment….
Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down operations. Plaintiffs allege Nike executed a “soft rug pull,” leaving RTFKT NFT holders with worthless assets after winding down operations. Law and Order Decrypt
Exchange-traded funds (ETF) issuer ProShares will introduce three XRP-tracked products this week after a tacit U.S. Securities and Exchange Commission (SEC) approval. It will launch an Ultra XRP ETF (2x leverage), a Short XRP ETF and an Ultra Short XRP ETF (-2x leverage), filings show. Its spot XRP approval stays hanging, however. The SEC has…
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals’ combined $211 million. Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals’ combined $211 million. , Markets Decrypt
