California judge dismisses Coinbase user’s attempt to quash IRS tax summons
A Coinbase user’s attempt to block an IRS summons for his financial records was blocked by a California court. According to information from PACER, Roger Metz filed a petition in the Northern District of California in May last year to…...
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Nasdaq Secures SEC Approval To List Blockchain Version Of Stocks, Including S&P 500-Tracking ETFs
The Securities and Exchange Commission approved a proposal by Nasdaq Inc. (NASDAQ:NDAQ) allowing certain stocks to be traded and settled in tokenized form on the exchange. SEC Greenlights Proposal For Blockchain-Based Stocks The SEC found that the proposal was “consistent” with the Securities Exchange Act of 1934 and rules governing national securities exchanges, according to a...
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Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes
OGs sell as Fed’s hawkish stance on rates pressures crypto and other risk assets....
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Dogecoin To $10? Top Analyst Spots Pattern Signaling Big Gains, But This X User Has Questions
A widely followed cryptocurrency analyst identified on Wednesday a bullish reversal pattern for Dogecoin (CRYPTO: DOGE) similar to the one that preceded massive memecoin rallies previously. Will History Repeat? Ali Martinez took to X, highlighting a fractal pattern on Dogecoin’s monthly chart that mirrored the previous two bull cycles. The...
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XRP treasury firm Evernorth confirms SEC filing to advance Nasdaq debut
XRP focused treasury firm Evernorth has officially filed with the SEC to go public on Nasdaq. Per the official statement published on Wednesday, Evernorth has filed a Form S-4 registration statement with the US Securities and Exchange Commission as it…...
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Bitcoin OG Whales Abandon Ship as BTC Price Risks Dumping Below $70K
Bitcoin’s price has nosedived once again in the past 24 hours, dropping below $71,000 for the first time since the weekend. While the blame has been placed on the US Federal Reserve, certain OG whales have been disposing of large BTC portions, which can also be attributed to the...
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Congress Targets Crypto Prediction Markets With 4 Bills Banning War And Assassination Bets
Crypto prediction platform Polymarket and derivatives exchange Kalshi were closing in on $20 billion valuations when the US Congress decided it had seen enough. A Bill Targeting Crypto And A Very Long Acronym Senator Chris Murphy of Connecticut and Rep. Greg Casar of Texas introduced the BETS OFF Act...
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Bhutan moves $72M in Bitcoin as sovereign holdings continue to decline
Bhutan has transferred roughly $72.3 million in Bitcoin over the past 24 hours, continuing a steady pattern of trimming its sovereign holdings. According to Arkham Intelligence data, Druk Holding and Investments, which manages the country’s crypto mining and treasury operations,…...
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Crypto Markets Tank $100B Amid Hawkish Fed Projections
Total market capitalization has declined by almost $100 billion in less than 24 hours before and after the Federal Reserve’s meeting on Wednesday. The metric is now at around $2.52 trillion after falling from just below a six-week high of $2.61 trillion on Wednesday. Over the past 24 hours,...
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Bitcoin price drops to $70k as hot PPI data and Powell speech cast doubts over rate cuts
Bitcoin price erased all of its gains from this week as it crashed to a critical support level amid hotter-than-expected PPI data and Jerome Powell’s Federal Reserve speech that cast a shadow over any interest rate cuts for this year.…...
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