Category: crypto
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Crypto groups endorse Brian Quintenz for CFTC amid regulatory standoff with banks
The Crypto Council for Innovation and the Blockchain Association endorsed Brian Quintenz for Chairman of the US Commodity Futures Trading Commission, citing his expertise, leadership, and ability to support responsible innovation in digital assets. They also opposed US banks’ efforts to limit industry growth by amending stablecoin regulations.
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Bitcoin SOPR shows consistent profit realization despite price pullback Research 8 hours ago
Bitcoin’s SOPR (Spent Output Profit Ratio) indicates that investors are consistently realizing profits despite recent price pullbacks. This data suggests that investors are selling at a profit, even when the price of Bitcoin is declining.
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Fed Governor Waller says ‘there is nothing scary’ in payments using DeFi rails
Federal Reserve Governor Christopher Waller reassured that Decentralized Finance (DeFi) is not scary as it operates outside traditional banking infrastructure. He emphasized that blockchain-based transactions are a natural evolution, comparing DeFi to conventional purchases. Waller advocated for private sector-led innovation in payment systems, citing stablecoins’ global accessibility and potential to extend the role of the…
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Bitcoin market shows late-cycle patterns as leverage peaks
Bitcoin is experiencing declining capital inflows and increased speculative activity, following patterns observed near previous cycle peaks. The market is showing limited demand despite reduced profit-taking activity. Leverage is driving market volatility, with altcoin derivatives reaching new extremes. The current market timing aligns closely with previous bull cycles.
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UK crypto investors face banking barriers amid regulatory tension
40% of crypto investors in Britain have had payments to digital asset platforms blocked or slowed by their banks. Many have filed complaints or switched banks due to restrictions. Public opinion is split on banks restricting crypto payments, with some seeing it as necessary to prevent fraud. Britain’s cautious approach to digital assets has been…
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Fed discusses stablecoins extensively in recent FOMC meeting following GENIUS Act passage
Federal Reserve officials discussed stablecoins extensively during their July meeting, focusing on the potential impacts on the financial system after the passage of the GENIUS Act. The officials mentioned payment stablecoins as a driver for growth in stablecoin usage and recognized benefits for payment system efficiency, but also raised concerns about broader financial system implications.…
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Winklevoss twins donate $21M to new crypto PAC targeting 2026 midterms
Gemini founders Cameron and Tyler Winklevoss donated $21 million worth of Bitcoin to establish a political action committee called the Digital Freedom Fund PAC. The PAC aims to support candidates championing President Trump’s crypto agenda in primary races and midterm elections. They advocate for a regulatory framework that protects software developers and opposes Central Bank…
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Hyperliquid achieves record revenue per employee globally at $106M
Hyperliquid has achieved the highest revenue per employee globally, surpassing traditional technology giants like Tether Limited. With just 11 core contributors, Hyperliquid generates $1.167 billion annually, significantly more than companies like Nvidia, Apple, and Meta. Their revenue stems from trading fees on their decentralized exchange, demonstrating the efficiency potential of decentralized finance protocols.
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BNB treasury company faces delisting from Nasdaq on Aug. 21
Windtree Therapeutics, a struggling biotech firm, faces delisting from Nasdaq after failing to meet the $1 per-share threshold. The company rebranded to focus on holding BNB reserves, but its stock collapsed nearly 98% in the past six months. Windtree’s pivot into digital assets has put its market access at risk.
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Wormhole Foundation challenges LayerZero’s $110M Stargate acquisition proposal
Wormhole Foundation challenges LayerZero’s bid for Stargate Finance, citing undervaluation. Stargate holds $92 million in assets and showed significant growth, processing $4 billion in bridge volume in July 2025. LayerZero defends its offer, emphasizing ecosystem consolidation and premium pricing. Both foundations present differing visions for the future of Stargate.