SEC Commissioner Peirce Suggests Reconsideration for Ethereum ETFs and Staking
In a recent interview, SEC Commissioner Hester Peirce hinted at the possibility of revisiting the rules surrounding Ethereum ETFs and their ability to stake. This development comes as a significant shift in the regulatory landscape, potentially opening…
Tether Treasury Mints $1 Billion USDT for Inventory Replenishment
In a significant move within the cryptocurrency market, Tether Treasury has minted $1 billion worth of USDT, the world’s largest stablecoin. This minting, which took place on the Ethereum blockchain, is part of Tether’s strategy to manage liquidity and…
U.S. Representative Tom Emmer Calls for Removal of SEC Chair Gary Gensler
U.S. Representative Tom Emmer, alongside Representative Warren Davidson, has introduced the SEC Stabilization Act, aiming to remove Gary Gensler from his position as Chair of the Securities and Exchange Commission (SEC). This legislation comes amid…
Core DAO Partners with Animoca Brands to Enhance Blockchain Security
In a significant development for the blockchain community, Core DAO has announced that Animoca Brands will serve as a validator on its Bitcoin-powered blockchain. This partnership is set to bolster the security and governance of the Core network, which…
After Paxos, SEC Drops Three-Year Hiro Systems Investigation
In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has concluded its three-year investigation into Hiro Systems, the developer behind the Bitcoin Layer-2 protocol Stacks, without taking any…
Europe Dominates Crypto Trading Volume, Projected to Exceed $108 Trillion by 2024
The world of cryptocurrencies is witnessing unprecedented growth, and Europe is at the forefront of this revolution. According to a recent CoinWire study, Europe is well-positioned to become a powerhouse in crypto trading volume, with significant…
Crypto Market Poised for Rebound in August, Says JPMorgan
The cryptocurrency market is set to experience a significant rebound in August, according to a recent report by JPMorgan. This optimistic outlook follows a period of substantial liquidations expected to conclude by the end of July. Current Market…
Zero Hash Expands Token Support to Include SUI
Zero Hash, a leading crypto and stablecoin infrastructure platform, has recently announced the addition of the SUI token from the Sui blockchain to its list of supported tokens. This expansion brings the total number of supported tokens on Zero Hash’s…
U.S. Court Rules Bitcoin and Ethereum as Commodities
In a landmark decision last week, an Illinois court ruled that Bitcoin and Ethereum are to be classified as digital commodities. This ruling affirms the Commodity Futures Trading Commission’s (CFTC) authority over these major cryptocurrencies, providing…
Bitwise to Launch Ethereum ETFs This Summer
In a groundbreaking announcement, Katherine Dowling, the Chief Compliance Officer at Bitwise, revealed that the company is set to launch Ethereum ETFs this summer. This move marks a significant milestone in the cryptocurrency market, offering new…