Former Securities and Exchange Commission (SEC) Chair Gary Gensler’s return to his old MIT haunt has ignited backlash from a section of the crypto industry. Gensler previously taught at the university before leading the SEC, where he became deeply unpopular for his strict regulatory approach. MIT Welcomes Back Gensler, But Crypto Leaders Push Back On
The likelihood of a European central bank holding Bitcoin reserves has increased, despite European Central Bank President Christine Lagarde’s recent comments dismissing the asset as unsuitable. The Czech National Bank has approved a study to assess how Bitcoin (BTC) might serve as a reserve asset following a proposal from CNB Governor Aleš Michl. Previously, Michl
Key Takeaways Tether announced USDt integration with Bitcoin’s Lightning Network for faster transactions. USDt aims to enhance its utility across remittances and AI-driven economies leveraging Bitcoin. Share this article Tether has announced the integration of USDt into Bitcoin’s ecosystem, including both its base layer and the Lightning Network, according to a statement made today at
The Bitcoin bull run is about to be supercharged, and this time, it’s not Michael Saylor. Bitcoin Friday is coming as CME launches Bitcoin BFF in a major Bitcoin bull run catalyst event. As reported recently, the Chicago Mercantile Exchange (CME) Group will introduce options on Bitcoin Friday Futures (BFF) starting February 24, 2025, subject
[PRESS RELEASE – Miami, USA, January 30th, 2025] Everstake, a leading global staking provider and blockchain solutions company, has obtained AICPA System and Organization Controls (SOC 2) Type 1 certification. The certification follows a comprehensive compliance audit of Everstake’s staking infrastructure, conducted by the independent cybersecurity firm Prescient Security, verifying adherence to top-tier security and
Circle’s digital dollar, USD Coin, is now available natively on the layer-1 blockchain Aptos, empowering developers and users. USDC (USDC) goes live natively on Aptos (APT) about two months after Circle announced that the stablecoin would be launching on the Move-based layer-1 blockchain. That initial update, which crypto.news reported in November 2024, also included the
Key Takeaways Grayscale launched a Bitcoin Miners ETF, focusing on global mining companies. The ETF provides exposure to Bitcoin miners without direct investment in digital assets. Share this article Grayscale, a leading asset management firm specializing in crypto investing, is launching its Bitcoin Miners ETF, aiming to offer investors exposure to Bitcoin miners and the
US President Donald Trump’s media company, Trump Media & Technology Group (TMTG), has unveiled ambitious plans to expand into financial services, including cryptocurrency investments. Furthermore, TMTG revealed that it may invest up to $250 million into various financial instruments, including Bitcoin, other cryptocurrencies, and crypto-related securities. In a press release dated 29 January 2025, the
Bitcoin’s price experienced some expected volatility after yesterday’s FOMC meeting but has headed north and now sits above $105,000. Most altcoins are in a similar position, with ETH increasing past $3,200 and SOL rising to $240. BTC Above $105K The primary cryptocurrency had a quiet weekend in which its price stood mostly in a tight
Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal referred to Rules Committee by John Cabello. On Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State Rep. John Cabello