SEC delays decision on Solana ETF applications citing market manipulation concerns
The U.S. Securities and Exchange Commission has delayed its decision on four proposed Solana exchange-traded funds, including filings from Bitwise, 21Shares, VanEck, and Canary. The announcement, shared on a May 19 filing, indicates that the agency will “institute proceedings” to…...
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Bitcoin’s Rise To $1 Million Will Make Tether The Largest Holder Of US Treasuries, Says Popular Analyst
Widely followed cryptocurrency analyst Willy Woo predicted Monday that stablecoin issuing company Tether (CRYPTO: USDT) would become the top holder of U.S. treasuries once Bitcoin (CRYPTO: BTC) hits $1 million a piece. What Happened: Woo reacted to an X post showcasing Tether’s growing demand for U.S. Treasuries, which was...
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SEC Chair Slams Agency’s Previous ‘Head-In-The-Sand’ Crypto Regulation
In a significant address aimed at revitalizing the relationship between regulators and the cryptocurrency market, new US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined his vision for a more constructive regulatory environment. Trust Deficit Between SEC And Crypto Industry Speaking to capital markets on Monday, Atkins criticized...
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GENIUS Stablecoin Bill Passes to Next Stage of Voting
The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, passed in a 66-32 Senate vote on May 20. “The motion to invoke cloture on the motion to proceed to the consideration of the GENIUS Act has passed,” reported Fox’s Eleanor Terrett. She added that more than 15...
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Yala Brings Cross-Chain Bitcoin Liquidity to Solana
[PRESS RELEASE – Singapore, Singapore, May 19th, 2025] Yala has announced its official launch on the Solana blockchain, marking a key development in its initiative to integrate Bitcoin liquidity into decentralized finance. This launch signifies a strategic expansion aimed at enabling Bitcoin to function beyond its traditional role as...
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Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally
Tether has just stepped into new territory. It’s now the 19th‑largest owner of US government debt. That means more private money is parked in Treasuries than many big nations. Tether Surpasses Germany In Treasury Holdings According to the Q1 2025 attestation report, Tether holds $120 billion in US Treasuries. Germany, by...
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Jim Cramer Recommends Bitcoin As A Hedge For Investors Rattled By Moody’s Downgrade But Says, ‘Fear Is What Must Be Tamed’
Jim Cramer says if Moody’s U.S. debt downgrade has you nervous, probably just grab some gold or Bitcoin (CRYPTO: BTC) instead, if you must....
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Cardano holds key support amid ADA misappropriation claims — will ADA crash when audit results are released?
Despite controversy surrounding recent claims of misappropriation, Cardano is holding firm around the $0.74 support. The token is up 1.4% in the past 24 hours, though it remains down 5.6% over the past week. With a 24-hour trading volume of…...
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U.S. Senate advances GENIUS Act in major step toward stablecoin regulation
The U.S. Senate voted on Monday, May 19, to move forward with the GENIUS Act, a landmark bill that would create a regulatory framework for stablecoins. According to the results published on the Senate’s website, the bill passed by a…...
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Ethereum exchange supply drops to 10-year low amid strong whale accumulation — is $3000 ETH price incoming?
Ethereum’s supply on centralized exchanges has dropped to its lowest level in over 10 years, as large holders and institutions continue to accumulate the asset. According to a May 19 update by Santiment, less than 4.9% of Ethereum’s (ETH) total…...
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