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The Latest Breaking News on Crypto

Gensler Says Spot ETH ETFs May Launch This Summer, Behnam States Ether A Commodity

SEC chief Gensler on Thursday told senators that he believes spot ETH ETFs will be approved for trading sometime this summer, but he once again dodged questions about Ether's status as a commodity or a security.

International Business Times

Biting Off More Than It Can Chew: Senator Doubts CFTC Can Oversee Digital Commodities

Thursday's Senate Appropriations subcommittee hearing was on fire as CFTC Chair Rostin Behnam was questioned about the regulator's capability in overseeing the digital assets industry.

International Business Times

Ripple Blasts 'Disproportionate' SEC Case Fine, Cites Terraform Labs Settlement

Ripple argued that the fine the SEC seeks against it is "disproportionate," given the recent settlement with Terraform Labs, which was found to have been intentional in orchestrating a securities fraud.

International Business Times

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MicroStrategy Resumes BTC Buying Spree With $500M Investor Offering Amid Increasing Competition

Competition among corporate holders of Bitcoin is heating up, and MicroStrategy, the world's largest publicly traded company with BTC holdings, is not letting others catch up fast as it announced another investor offering so it can buy more Bitcoins.

International Business Times

Ethereum Memecoin $MAGAA Team Marks Donald Trump's Birthday With 10 Million Token Airdrop

The $MAGAA memecoin launched with much support from the memecoin community, including some prominent names in the business world, including Donald Trump's son and Dan Bilzerian.

International Business Times

Weekly Must-Read: Logistics Is Getting Pricy in China, but Reform Will Be a Long Haul

Overreliance on trucking combined with a hard-to-reform railway system have left policymakers little room to maneuver

Caixin Global

Helio Upgrades Solana Pay Plugin, Enabling Crypto Payments For Millions Of Shopify Merchants

Helio has updated the Solana Pay plugin for Shopify, setting the standard for enhanced e-commerce payments through the integration of improved Web3 features such as NFT airdrops.

International Business Times

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Collapsed Terraform, Do Kwon Agree To Pay $4.5B To Settle SEC Case

Do Kwon, the founder of the crypto empire that shook the digital assets industry when it collapsed in 2022, will pay to settle a fraud case filed by the U.S. SEC in relation to the crash of the Terra and Luna stablecoins.

International Business Times

Bitcoin Whales Buy The Dip, Snapping Up Over 20,000 BTC

Bitcoin whales saw an opportunity to obtain more coins on Tuesday, when BTC prices plummeted to $66,000 amid negative news regarding spot Bitcoin ETFs.

International Business Times

US Elections 2024: Biden Campaign Reportedly In Talks To Accept Crypto Donations

U.S. President Joe Biden's re-election campaign has taken another step closer to the crypto industry as a new report revealed that the team is in discussions to accept donations from digital asset users through Coinbase Commerce – the same platform that facilitates crypto donations to ex-President Donald Trump's campaign.

International Business Times

Bitcoin Miners Are Selling Their BTC Reserves Amid Halving Impact: CryptoQuant

Crypto miners, specifically those mining Bitcoin, are selling their BTC reserves, CryptoQuant revealed this week, and among the sellers is mining giant Marathon Digital.

International Business Times

Trump embraces Bitcoin on Truth Social

The currency, which has been tied to terrorism, earned the backing of Trump after a bill sought to rein in crypto

Salon

'Compliant Path Forward': Ripple Closes Deal To Acquire Standard Custody

Amid its ongoing legal battle with the SEC, Ripple has closed a deal to acquire another digital assets custody firm, Standard Custody & Trust Company.

International Business Times

Trump Wants All Remaining Bitcoin To Be US-Mined

After hosting some of the U.S. crypto mining industry's executives, ex-president Trump said all the remaining unmined Bitcoin should be mined by American miners as he moves to woo the digital assets space.

International Business Times

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International Business Times

Bitcoin Slips To $66K Amid $200M US Spot BTC ETF Outflows

Bitcoin retreated Tuesday night after U.S. spot Bitcoin ETFs saw outflows of $200 million and no inflows, even for the ever popular BlackRock IBIT.

Caixin Global

Shanghai Composite Index Rose 0.31% on Wednesday

Shenzhen Component Index closed up 0.08%

International Business Times

Donald Trump Wallet's Memecoins Plunge Below $14M As $TROG Value Gets Wiped

The value of memecoins in a wallet linked to Donald Trump has plunged, wiping millions from the account that at one point hit over $33 million.

International Business Times

$30M Dormant Bitcoin Whale Wallet Awakens To $500M After Over 5 Years

Another Bitcoin whale has reawakened from a deep sleep of five years, seeing gains of over 17x from the coins' initial value back in December 2018.

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International Business Times

They Made A Crypto Shark Tank. It's Hilariously Bad.

CoinMarketCap and Hello Labs are trying to captivate the Web3 scene with "Killer Whales," their version of a crypto Shark Tank TV show.

Move over, Oura: ExerRing promises better fitness tracking on a budget

New ExerRing is an affordable, touch-sensitive, AI-enhanced smart ring for health enthusiasts

International Business Times

SEC Considers ProShares' 'Late' Spot Ether ETF Filing, Seeks Public Comments

ProShares, whose Ethereum Futures ETF was among nine approved by the SEC in October, has filed for a spot Ether ETF, but with such a "late" filing, it is unclear whether the fund will launch alongside other funds that had their 19b-4 filings cleared.

International Business Times

Bitcoin Sheds $2,000 After US Spot BTC ETFs Snap 19-Day Net Inflows Streak

Bitcoin has plunged to $67,000 after hovering below $70,000 following data that showed spot BTC ETFs broke their positive net inflows streak for 19 straight days – other coins appear to have been affected by the news too.

International Business Times

Bitfarms Announces 'Poison Pill' To Block Potential Riot Platforms Hostile Takeover

Bitfarms is attempting to block a potential hostile takeover by rival Riot Platforms following the latter's proposal to acquire the mining firm for $950 million.

International Business Times

MicroStrategy's Ripple Effect: DeFi Technologies Announces Bitcoin Treasury Strategy

DeFi Technologies has joined the list of companies adopting a Bitcoin strategy to grow their businesses as it bought some $7 million worth of BTC.

International Business Times

Voltaire Era on the Horizon: Cardano's June Hard Fork Approaches

Charles Hoskinson, the Cardano brainchild, dropped big news on June 9 via X. Hoskinson said that Cardano is entering the Age of Voltaire.

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