US Passes Bill to Regulate Crypto
The House of Representatives passed the FIT21 Act on Wednesday with a 279-136 vote, aimed at establishing a clear regulatory framework for crypto assets.
Venture Investments in Blockchain Startups Hits $2.4B
In the first quarter of this year, venture capital investors invested $2.4 billion in blockchain startups, according to a study by Pitchbook cited by Reuters.
Trump Says He Will Accept Crypto in His Campaign
The presumptive Republican nominee for the 2020 presidential election, Donald Trump, has stated that his campaign will now be accepting donations in the form of various cryptocurrencies.
Fidelity Removes Staking from its Ethereum ETF Application
Fidelity has revised its Form S-1 filing for an Ethereum-based spot ETF and removed the clause regarding staking.
Number of New Bitcoin Addresses Falls to Lowest Level Since 2018
The rate of new Bitcoin address registrations on the network has dropped to its lowest point since 2018.
Crypto Funds See $932M in Weekly Inflows
There was a noteworthy increase in investments in crypto-based products during the past week, marking two consecutive weeks of positive inflows since the recent market downturn.
Grayscale CEO Michael Sonnenshein Leaves Company
Michael Sonnenshein, CEO of crypto asset manager Grayscale Investments, has resigned from his position to pursue other interests.
