Category: crypto
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BlackRock meets SEC Crypto Task Force to discuss tokenization, ETP rules
BlackRock met with the SEC Crypto Task Force to discuss regulatory issues related to crypto, including tokenization and staking. They reviewed digital asset offerings such as the iShares Bitcoin Trust and solicited input on regulatory compliance as the market matures. BlackRock also discussed incorporating staking features into ETPs and requested feedback on tokenization within existing…
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Cathie Wood predicts AI and Bitcoin to drive new phase of US economic growth
Ark Invest CEO Cathie Wood believes the US economy is transitioning into a period of productivity-led growth fueled by AI, digital assets, and automation. She sees AI and automation reducing costs, boosting output, and controlling inflation. Wood also foresees Bitcoin and Tesla playing key roles in this economic transformation, with Ark maintaining long-term bullish price…
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PumpSwap hits $100M in TVL as memecoin launchpads see resurgence
PumpSwap, a DEX launched by Solana-based memecoin factory Pump.fun, has reached $100 million in total value locked just 50 days after its debut. The platform has seen significant growth in daily activity and trading volume, defying predictions of the memecoin sector’s collapse. This growth coincides with a resurgence in memecoin trading, with top tokens posting…
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Rumble non-custodial Bitcoin wallet to launch in Q3 in challenge to Coinbase
Rumble, a video-sharing platform supporting alternative media voices, is developing a crypto wallet expected to launch in the third quarter of this year. The wallet will be non-custodial, tailored for creators, and will focus on Bitcoin and stablecoin storage. Rumble’s increasing presence in the digital asset space includes a recent Bitcoin acquisition and a $775…
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Gemini secures license to expand EU crypto derivatives offerings
US-based Gemini has received a MiFID II license from the MFSA in Malta, allowing them to offer regulated crypto derivatives in the EU and EEA. They plan to offer select derivatives to advanced users and are working towards a full-scale launch. This move is part of Gemini’s 2025 European expansion strategy.
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Metaplanet issues another $21M in bonds to fuel Bitcoin purchases
Metaplanet issued its 14th Series of Ordinary Bonds, raising $21.25 million for additional Bitcoin purchases. The bonds have a face value of $625,000 each and will be redeemed in full by Nov. 7, 2025. Metaplanet aims to accumulate 10,000 Bitcoin by the end of the year and has become the largest public Bitcoin holder in…
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Lido proposes dual governance upgrade to empower stETH holders in decisions
Lido’s governance community is considering a proposal to give staked Ethereum holders more influence in protocol decisions through a Dual Governance framework. Currently, only LDO token holders can vote, leaving stETH holders without a formal way to oppose or influence proposals. The proposed system includes a timelock mechanism to allow stETH holders to respond to…
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Democrat Senators urge Treasury, DOJ to probe Trump’s crypto ties to Binance
Democratic senators have asked the US Treasury and Justice Department to investigate President Trump’s ties to Binance. They are concerned about Trump-affiliated digital assets and financial transactions with Binance. Senators are seeking updates on Binance’s compliance and possible exit from the US market, amid reports of potential partnerships with Trump entities.
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CryptoQuant CEO revises bearish market outlook, says cycle theory evolving with institutional inflows
CryptoQuant CEO Ki Young Ju has revised his prediction that the Bitcoin bull cycle had ended, citing a shift in market structure and significant inflows through ETFs. New players, such as institutional investors and government agencies, are helping absorb sell pressure, leading to a more stable market with less volatility.
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XRP payments coming to 6,000 US pharmacies in new $50M healthcare deal
Wellgistics Health will integrate XRP as a treasury asset and payment infrastructure for its pharmacy network, with a $50 million capital facility arranged through LDA Capital. XRP will be used for balance sheet holding and on-ledger payments, aiming to speed up transactions and reduce fees. The move aligns with XRP’s increasing institutional infrastructure. Regulatory clarity…