Crypto
Solana-backed exchange-traded funds (ETFs) have experienced a significant surge in investor interest, attracting a record $188 million in net inflows over a single week. This influx, predominantly led by Bitwise, signals growing institutional engagement with the Solana ecosystem.
Crypto
California Governor Gavin Newsom has signed into law a bill prohibiting public officials from issuing memecoins, effective January 1, 2027. The legislation, part of a broader anti-corruption initiative, also restricts crypto companies from offering these tokens to California residents.
Crypto
Riot Platforms repaid a $200 million revolving credit facility to Coinbase, unlocking 5,821 Bitcoin valued at roughly $494 million. Analysts say the move could signal a future sell‑off, adding fresh pressure to an already volatile crypto market.
Crypto
U.S. securities regulators clarified that announcing a token buyback on a functional blockchain does not, by itself, convert the token into a security. The guidance, released amid a surge of $638 million in crypto buybacks, prompted mixed reactions from industry players and investors.
Crypto
Ethereum co‑founder Vitalik Buterin outlined a roadmap that would transform the platform from a traditional blockchain into a scalable, privacy‑focused, quantum‑resistant network. The plan, detailed in a recent post, targets major upgrades through 2030 amid a market eager for faster, cheaper transactions.
Crypto
Michael Saylor, executive chairman of Strategy, has called for a 'bill of digital rights' to foster economic prosperity and proposed the deep integration of Bitcoin into the traditional financial system. He envisions a future where Bitcoin acts as a common collateral within banks and insurance companies, aiming for a $100 trillion digital asset industry.
Crypto
Bitcoin steadied above $84,000 while U.S. spot Bitcoin ETFs recorded a net inflow of roughly $2.4 billion in four days, ending a period of outflows. The inflows, combined with a 44% quarterly gain, suggest strong institutional demand as the historic third‑quarter rally winds down.
Crypto
A surge of $2.4 billion poured into U.S. spot Bitcoin exchange‑traded funds this week, the largest weekly inflow since October and the first net‑positive flow of the year. Analysts note the jump amid declining daily additions and debate whether the momentum can be sustained.
Crypto
A hacker who breached the Bitget exchange moved roughly $83 million worth of stolen XRP, draining two wallets and targeting a third, while about $75 million remains spread across five accounts. Ripple confirmed it lacks the technical ability to freeze the cryptocurrency.
Crypto
U.S. spot Bitcoin exchange‑traded funds recorded a seven‑day streak of net inflows totaling roughly $2.4‑$3 billion, reversing a $5.7 billion outflow earlier in the year. The surge was led by BlackRock’s flagship fund and comes amid renewed investor optimism after the regulatory setback known as the Clarity Act.
Crypto
U.S. Securities and Exchange Commission Commissioner Hester Peirce, widely known as “Crypto Mom,” will leave the agency on Oct. 2 after nearly eight years. Her departure marks the loss of the commission’s most consistent pro‑crypto voice.
Crypto
Hester Peirce, widely recognized as a staunch advocate for cryptocurrency within the U.S. Securities and Exchange Commission, is set to conclude her tenure on October 2. Her departure marks the exit of a key voice championing digital assets within the regulatory body.