A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based Bumo Sarang, Korean for Parental Love, invested in the T-REX 2X Long BMNR Daily Target… Read More
Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.
Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
The agency is proposing its largest overhaul of public listing rules in over 20 years, cutting compliance costs and giving crypto firms a much easier path to raise cash on Wall Street.
Bitcoin held near $76,800 as altcoins weakened, WLFI slid and traders watched whether the largest cryptocurrency can hold Tom Lee’s line in the sand.
The U.S. Securities and Exchange Commission is reportedly poised to release a major crypto proposal as it seeks to institute its digital assets agenda.
