Category: crypto

Senator Elizabeth Warren has raised concerns about SEC chair nominee Paul Atkins’ history of light-touch regulation, ties to failed crypto exchange FTX, and involvement in efforts to dismantle investor protections. In a letter, Warren questioned Atkins’ impartiality, conflicts of interest, and potential return to pre-crisis deregulation. Atkins has not publicly responded.

Polymarket has added support for Solana wallet deposits to lower transaction costs and improve user experience. This integration brings one of the fastest and lowest-cost networks to the platform, allowing for more efficient user participation. Polymarket experienced breakout growth in 2024, becoming a central hub for political prediction with proven forecasting accuracy.

AlphaBitcoin futures open interest increased by 10% due to a price rally sparking a trading frenzy on smaller exchanges. Binance, the largest exchange, saw moderate growth, indicating that the majority of activity was on mid-sized exchanges.

Kraken is reportedly seeking to raise up to $1 billion in debt as it prepares for a potential initial public offering, with Goldman Sachs and JPMorgan leading the effort. The firm may also pursue an equity raise alongside the debt issuance. Additionally, Kraken recently acquired NinjaTrader for $1.5 billion.

The tokenized real-world assets (RWA) sector has reached over $10 billion in total value locked (TVL), becoming the best-performing segment of the crypto market year-to-date. RWA protocols have seen significant growth, with BlackRock’s BUIDL leading the market. The sector’s performance surpasses other popular crypto narratives.

Bitcoin may now be considered a tech stock in addition to a hedge against financial instability, according to Standard Chartered’s Geoffrey Kendrick. A revised tech stock index including Bitcoin outperformed the original, suggesting Bitcoin can be a hedge against traditional finance and a part of tech allocation. Institutional flows into Bitcoin are increasing, strengthening its…

Bitcoin’s price is being influenced by macroeconomic uncertainty, with liquidity contracting and speculative interest declining. Large investors need to return to push Bitcoin out of its current range. Market indicators suggest waning momentum, with reduced volatility and liquidity. Reduced trading activity and cautious investor behavior are leading to a decline in market participation.

Asset management firm 21Shares has launched three new crypto exchange-traded products (ETPs) on Nasdaq Stockholm – the 21Shares Bitcoin Core ETP (CBTC), the 21Shares Solana Staking ETP (ASOL), and the 21Shares XRP ETP (AXRP). The move aims to provide European investors with regulated exposure to cryptocurrencies amid growing interest and regulatory progress in the region.

Decentralized trading exchange dYdX launched a token buyback program to improve network security and enhance token utility. The program will allocate 25% of monthly fees to buy DYDX tokens from the open market, with potential for expansion. This move aligns with other DeFi projects like Aave and Jupiter. DYDX token price rose by 8%, but…

Berachain launched its Proof of Liquidity system, introducing 37 reward vaults for distributing rewards to users through emissions. Validators stake BERA and receive BGT emissions based on their boost percentage, which are directed to chosen vaults. Protocols compete for emissions to attract liquidity. Berachain aims to increase user engagement and application usage through this new…