Gary Gensler, chair of the SEC, reiterated the agency’s stance that Bitcoin is not a security during a recent CNBC interview, emphasizing the regulatory classification of Bitcoin as a commodity. This aligns with previous SEC filings that have recognized Bitcoin in this way. Gensler pointed to the SEC’s approval of several spot Bitcoin exchange-traded funds […]

Venture capitalist Nic Carter has released a new article that delves into claims regarding the Biden administration’s alleged informal mandate limiting banks’ cryptocurrency deposits to 15%. This directive, according to Carter, may have contributed to the collapse of key financial institutions, including Silvergate, Signature, and Silicon Valley Bank. In his third report, published on September […]

Less than a day before its highly anticipated airdrop, the Hamster Kombat team unveiled an updated roadmap featuring new initiatives planned through mid-2025. Amidst speculation about the token’s listing price and some user discontent threatening a boycott, the developers outlined their vision for the project’s future. Key plans include introducing non-fungible token (NFT) support and […]

Binance has launched a pre-market service that allows users to engage in spot trading of new tokens before they officially list on the spot market. Announced on September 25, this feature will include selected tokens from Binance’s Launchpool, the platform where participants can lock BNB and First Digital USD to farm new tokens. Purpose of […]

The upcoming listing of the Hamster Kombat token (HMSTR) is generating significant anticipation within the crypto community, set to take place on September 26 across multiple exchanges, including Binance. As users await the start of trading, several key points are shaping expectations around the event. What to Expect from the Listing Token Distribution Completion: The […]

PayPal is set to enable U.S. merchants to purchase, hold, and sell cryptocurrency directly through their business accounts, marking a significant step in integrating digital assets into everyday transactions. This new service, however, will not be available for businesses in New York at launch. Since 2020, PayPal and its subsidiary Venmo have allowed consumers to […]

Bitcoin (BTC) broke the $64,000 mark in late U.S. trading hours on Tuesday, supported by rising expectations of a second consecutive 50 basis point rate cut by the Federal Reserve, which traders are now estimating at a 50% chance. As of the Asian trading session, BTC is up 1%, trading near this key level. In […]

On September 24, spot Bitcoin exchange-traded funds (ETFs) in the U.S. saw a notable increase in net inflows, while spot Ether ETFs experienced a reversal back to net positive flows. Data from SoSoValue reveals that the 12 spot Bitcoin ETFs recorded net inflows of $135.95 million that day, marking the fourth consecutive day of positive […]

A Bitcoin wallet containing coins mined just two months after Bitcoin’s launch has become active again after over a decade of dormancy. On September 24, blockchain intelligence firm Arkham reported that this whale wallet, which mined Bitcoin in February and March 2009, has moved five bitcoins to the crypto exchange Kraken. This wallet is significant […]

An influential adviser to Sky, the decentralized finance lender formerly known as MakerDAO, has reassured stakeholders regarding Tron founder Justin Sun’s role in the custody of Bitcoin backing the Wrapped Bitcoin (WBTC) token. This development may lead Sky to reconsider its plan to offboard WBTC as collateral. The discussions took place on Sky’s forum, particularly […]