Illinois Joins Regulatory Wave with New Crypto Exchange and ATM Laws
The first, SB 1797, empowers regulators to monitor crypto firms, enforcing capital, cybersecurity, and disclosure rules akin to traditional finance.
South Korean Exchanges Forced to Pause Crypto Lending Amid Regulatory Scrutiny
South Korea’s financial watchdog has temporarily barred cryptocurrency exchanges from offering lending services, disrupting a fast-growing sector of the digital asset market.
Ethereum ETFs See Significant Outflows After Record Inflow Streak
US spot Ethereum ETFs experienced $196.6 million in net outflows Monday, marking their second-largest daily withdrawal since launch, according to SoSoValue data.
World’s Largest Sovereign Fund Goes Big on Bitcoin—Exposure Jumps 83%
In a bold move, Norway’s massive $1.7 trillion sovereign wealth fund ramped up its Bitcoin exposure by 83% last quarter, according to Standard Chartered.
Gemini Files for Nasdaq IPO Under Ticker “GEMI,” Reports Revenue Decline
Crypto exchange Gemini has taken a step toward its 2025 IPO with the public release of its S-1 filing on Friday.
Fed Abandons Crypto Supervision Program Amid Regulatory Retreat
The Federal Reserve has abruptly shut down its Novel Activities Supervision Program, a 2023 initiative meant to monitor banks’ crypto and fintech ventures—raising questions about oversight gaps.
SEC Postpones Solana ETF Approvals, Reflecting Wider Crypto ETF Scrutiny
The US SEC has delayed its decision on Bitwise and 21Shares.
Coinbase Closes Deribit Buyout in $2.9B Power Move, Shaking Up Crypto Derivatives
Coinbase has officially taken over Deribit in a $2.9 billion mega-deal, combining forces to dominate the crypto derivatives arena.
Crypto Markets Reel as Hot PPI Fuels Fed Policy Uncertainty
Crypto derivatives faced $1 billion in liquidations following a higher-than-anticipated PPI report, which sent Bitcoin down 2%+ and revived concerns about the Fed’s rate-cut timeline.
Bitcoin Tops $124K Amid Fed Speculation
Bitcoin’s record-breaking rally past $124,000 yesterday reflects runaway optimism for September rate cuts, yet underlying inflation trends suggest the climb could face turbulence.
Why Standard Chartered Thinks Ethereum Is Headed to $7,500—and Beyond
Ethereum’s rally is far from over, according to Standard Chartered, which just hiked its year-end price target to $7,500 (from $4,000) and introduced a staggering $25,000 forecast for 2028.
SpaceX’s Bitcoin Holdings Surpass $1 Billion Amid BTC Price Rally
Elon Musk’s aerospace company, SpaceX, now holds over $1 billion in Bitcoin as the cryptocurrency reaches new all-time highs.
Grayscale Launches Two New Sui Ecosystem Trusts
As Sui network activity surges, Grayscale has unveiled two new single-asset trusts tied to ecosystem protocols DeepBook and Walrus (WAL).
Kwon’s Guilty Plea Marks Watershed for Crypto Enforcement
The US Justice Department has secured a major victory in its crypto crackdown as Terraform Labs’ Do Kwon agrees to plead guilty to fraud charges.
Pantera’s $300M Crypto Treasury Push Signals Institutional Demand
As institutional interest in crypto grows, Pantera Capital has revealed a $300 million+ investment in digital asset treasury (DAT) companies, positioning them as a yield-generating alternative to ETFs or direct holdings.
