Bitcoin’s BTC$70,565.84 biggest early holders, often called original gangsters, are hitting the sell button after the Federal Reserve rattled expectations for lower borrowing costs. Blockchain data tracked by Lookonchain shows at least two long-term holders together dumped over 1,650 BTC worth more than $117.87 million… Read More
The U.S. Securities and Exchange Commission (SEC) approved on Wednesday Nasdaq’s proposal to allow certain securities to trade in tokenized form, a significant milestone to integrate blockchain tech into U.S. equity markets. Nasdaq’s tokenization plan ties into a pilot run by the Depository Trust Company… Read More
Since the Iran war began, the market narrative has been simple: the oil spike, inflationary impulse and wider market volatility will be temporary and die down once the conflict halts, allowing central banks to grease the economy and markets with easy money, as they have… Read More
U.S. regulators’ first joint guidance on applying securities laws to different types of crypto tokens failed to provide enough impetus to lift bitcoin BTC$74,057.54, the largest, above $75,000. The interpretive guidance from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC),… Read More
Illinois Lieutenant Governor Juliana Stratton is poised to become the next Senator from the state after winning the Democratic primary Tuesday night, defeating Representative Raja Krishnamoorthi. Krishnamoorthi had received close to $10 million in backing from crypto super-political action committee (PAC) Fairshake, among other entities,… Read More
The crypto rally is took a pause on Tuesday ahead of Wednesday’s Federal Reserve decision. After briefly topping $76,000 overnight, bitcoin BTC$74,639.11 pulled back to around $74,000 during the U.S. session, modestly higher over the past 24 hours. Crypto stocks mostly booked modest gains, with… Read More
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