Coinbase is urging Congress to act fast, outlining six priorities to fix broken crypto laws, protect consumers, and stop blockchain innovation from fleeing overseas. 6 Priorities Coinbase Is Pushing to Fix America’s Broken Crypto Law Crypto exchange Coinbase (Nasdaq: COIN) is urging Congress to take action on crypto regulation, outlining six “key legislative priorities” needed
11.2 million Solana (SOL) valued at $2.06 billion will be unlocked from FTX’s bankruptcy auction. FTX’s past sales: 41 million SOL previously sold to institutional investors like Galaxy Digital, Pantera Capital, and Figure. The release is part of the bankruptcy asset liquidation plan following FTX’s collapse. What’s the significance: The unlock could introduce selling pressure,
Crypto leaders are rallying behind Elon Musk’s DOGE initiative, offering bold suggestions to curb SEC overreach, demand accountability, and push for pro-crypto regulatory reforms. Crypto Industry Challenges SEC Amid DOGE Initiative Crypto industry leaders, including executives from Coinbase and Ripple, have responded to the Department of Government Efficiency (DOGE), an initiative led by Elon Musk,
Wintermute, a crypto market maker, is expanding its operations into the U.S., including opening a New York office and introducing OTC products for American customers. Wintermute Plans U.S. Expansion, Cites Trump’s Pro-Crypto Stance Wintermute, one of the largest liquidity providers in the crypto market, is set to expand into the U.S. with plans to open
Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange Commission (SEC) has announced it is working to bring transactions on licensed cryptocurrency exchanges into the formal tax
A “state-managed investment fund focused on Bitcoin and other high-market-cap cryptocurrencies …” was introduced to Texas legislators this week as Senate Bill 21 (SB 21); a bill colloquially referred to as “The Texas Bitcoin Reserve Act.” SB 21 was sponsored by State Sen. Charles Schwertner (R-Georgetown), as revealed by in-depth coverage from Texas Policy Research (TPR),
Binance US has restored U.S. dollar deposit and withdrawal services for eligible customers as of Feb. 19, 2025, nearly two years after suspending the feature amid regulatory scrutiny of its parent company. Binance US Reinstates USD Services The crypto trading platform announced Wednesday that USD services, including bank transfers (ACH), will roll out gradually to
Australian police have busted an organized crime syndicate responsible for a string of burglaries on bitcoin ATMs and collectible card stores across Melbourne. The investigation led by Victoria Police’s North West Metro Regional Crime Squad resulted in the arrest of four men and the recovery of stolen items worth tens of thousands of dollars. Since
Cryptoquant CEO Ki Young Ju remains confident that bitcoin will not enter a bear market in 2025, even if its price drops 30% from recent highs. He highlights historical cost-basis trends and institutional support as key factors sustaining bitcoin’s bull cycle. Bitcoin Bull Market Intact Despite Potential 30% Drop Bitcoin’s bull market is far from
Most people don’t get Bitcoin right away. It’s not because they’re dumb. It is because money itself is a weird, broken system that we’re all just used to. Dave Birnbaum was no exception. When he first encountered Bitcoin in 2013, he wasn’t thinking about decentralization, censorship resistance, or the future of finance. He was just