Zcash Price Soars 21% After Leading Bitcoin Mining Pool Adds ZEC Support
Zcash (CRYPTO: ZEC) surged 21% after Foundry, the world’s largest Bitcoin (CRYPTO: BTC) mining pool, announced Wednesday it would add ZEC support, marking a significant institutional signal from a pool that has historically mined only Bitcoin. The Triple Catalyst Foundry’s decision to add Zcash support represents a major shift...
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SEC Drops 30% Of Enforcement Actions, Calls Past Crypto Cases A Waste Of Resources
A Ponzi scheme worth $200 million. A fake token sale that pulled in $100 million from unsuspecting investors. These are the kinds of cases the US Securities and Exchange Commission says it now wants to focus on — not the pile of enforcement actions it quietly admitted this week...
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South Korea proposes cryptocurrency law with bank-style rules for stablecoins
Draft bill outlines comprehensive framework for digital assets, including licensing, issuance and oversight...
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XRP Falls 2%, But ETFs See $3.32M Inflows: What’s Going On?
XRP (CRYPTO: XRP) slipped 2% on Wednesday after touching a session high of $1.39, giving back most of the prior session’s 5% gain, yet U.S.-listed XRP spot ETFs recorded $3.32 million in net inflows on April 7. The Quantum Safety Check Roughly 300,000 accounts on XRP holding 2.4 billion...
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Bitcoin Rebound Gains Strength, Yet This Key Signal Warns It’s Not Over
Bitcoin saw a sharp recovery on Wednesday after Iran’s Supreme National Security Council accepted a two-week ceasefire. The crypto asset briefly climbed above $72,700 after posting over 5% daily gains before stabilizing near $71,600. The rebound was particularly visible in the derivatives market, where sentiment indicators indicated a strong...
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The Protocol: Bernstein says quantum threat to Bitcoin is real but manageable
Also: North Korea’s 6-month plot with Drift, Solana Foundation’s new ad and Alchemy AI....
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Crypto Long & Short: Asia’s digital asset crackdown: accountability gets personal
In this week’s Crypto Long & Short Newsletter, Bob Williams covers how stricter crypto regulations in Asia are putting more personal responsibility on senior leaders, making strong governance and D&O insurance essential. Then, the FBI’s Haidy Grigsby writes on how crypto scams are increasingly targeting experienced investors by building...
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Morgan Stanley Launches Low-Fee Bitcoin ETF To Rival BlackRock, Grayscale
Morgan Stanley Investment Management has launched the Morgan Stanley Bitcoin Trust (MSBT), a new exchange-traded product designed to track the performance of Bitcoin, marking its entry into the digital asset space. Lowest Fee Among Competitors The product represents the first crypto-focused ETP from a U.S. bank-affiliated asset manager —...
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Bitcoin recovers, oil & gas prices plummet #shorts
Major market shifts observed. Bitcoin rebounds towards its range middle, while oil prices see a significant drop from highs around 112-113, now nearing 90. Natural gas also shows a sharp decline. #Bitcoin #OilPrices #MarketUpdate #NaturalGas...
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U.S. Treasury to propose demands that stablecoin firms be set to police bad transactions
The U.S. is pitching new rules for stablecoin issuers to treat them like every other financial firm that must maintain armor against illicit uses, CoinDesk has learned....
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