Ripple XRP ‘Delisting’ Rumors Debunked: DTCC Collateral Lists Explained
A DTCC collateral eligibility update circulated across Crypto Twitter this week and triggered an immediate retail panic with holders dumping Ripple XRP and rotating into XLM on the belief that the Depository Trust and Clearing Corporation had effectively…
SEC Puts Off Crypto Stock Plans—Bitcoin Drops Under $76,000
Bitcoin (BTC) and much of the broader crypto market fell sharply Friday evening after the US Securities and Exchange Commission (SEC) delayed a plan that would have provided broad exemptions for US crypto firms to trade tokenized assets tied to stocks.…
Japan’s Crypto Revolution: 20% Tax Rate and Institutional ETF Gateway
Japan is executing the most consequential crypto regulatory pivot in Asia. The country that once taxed crypto gains at up to 55%, which drove liquidity offshore and cemented its reputation as a hostile jurisdiction for active traders, has now published…
SEC Seeks Tokenized Equity Pilot as Clarity Act Reaches Senate Floor
After the Clarity Act cleared the Senate Banking Committee, SEC Chairman Paul Atkins is expected to roll out an ‘innovation exemption‘ framework for tokenized stock trading, opening the door to 24/7 on-chain equity markets on regulated…
Bitcoin Treasury Firm Strategy To Repurchase $1.5B Of Convertible Notes — Details
Bitcoin treasury company Strategy (formerly MicroStrategy) has disclosed its intention to repurchase $1.5 billion of its 2029 convertible debt notes. This move comes amid commentary on the shift in the Michael Saylor-led firm’s “Never…
Hyperliquid Jumps 17% as Senate Committee Advances Crypto Market Structure Bill
Hyperliquid’s HYPE token jumped over 17% in the last 24 hours to about $46 after the U.S. Senate Banking Committee passed the Digital Asset Market Clarity Act in a 15-9 bipartisan vote, a move many traders see as a big step toward clearer federal…
Market Structure Across Eras: From CTA Trading to On-Chain Liquidity and a New Market Intelligence
Modern systematic trading traces its roots not to code, but to agricultural markets. In the 19th century, exchanges like the Chicago Board of Trade enabled farmers and merchants to hedge price risk through standardized futures contracts. These early…
Trump Media’s Crypto Bet Collapses in a Substantial $406 million Quarterly Loss
Trump Media & Technology Group’s stock is currently around $8.93, a sharp contrast to its peak of $97.50 per share in early 2022. The company, which owns Truth Social, has seen its value drop by more than 90% since then. Related reading: Tether Ramps Up…
eToro Settles with SEC: A New Chapter for Crypto Trading in the U.S.
In a significant development for the cryptocurrency market, eToro USA LLC has reached a settlement with the U.S. Securities and Exchange Commission (SEC). The settlement involves eToro paying a $1.5 million fine and agreeing to cease trading most crypto…
Coinbase Appeals SEC Case and FIT21 Act
Coinbase, the largest cryptocurrency exchange in the United States, is currently embroiled in a legal battle with the U.S. Securities and Exchange Commission (SEC). The central question revolves around whether traditional securities rules should apply to…