USDe’s supply has increased by 70%, while USDS’s supply has increased by 23% since the GENIUS Act was signed into law on July 18. Read More at https://cointelegraph.com/news/yield-bearing-stablecoin-supply-surges-after-genius-act?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
BlackRock Bitcoin fund sees largest outflow in 9 weeks
BlackRock’s IBIT outflowed $292 million on Monday as Bitcoin continued to recover from weekend volatility. Read More at https://cointelegraph.com/news/blackrock-bitcoin-etf-records-largest-outflow-in-over-2-months?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ether-stacking BitMine crosses $3B milestone as ETH rallies 6%
ETH rallied nearly 6% on Monday as BitMine reported another massive purchase of 208,137 ETH, boosting the total value of its ETH holdings above $3 billion. Read More at https://cointelegraph.com/news/bitmines-eth-holdings-at-3-billion-ether-price-rally?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Saylor’s Strategy has doubled its Bitcoin stash since Trump’s election
Strategy has amassed 60% of its total holdings since Trump’s election, with its third-largest dollar-value purchase last week. Read More at https://cointelegraph.com/news/strategy-doubled-bitcoin-stash-since-trump-election?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC pressured to probe nominee Brian Quintenz over ties to Kalshi
US Representative Dina Titus has asked the CFTC to investigate Brian Quintenz, Donald Trump’s pick to run the agency, over his ties to Kalshi. Read More at https://cointelegraph.com/news/cftc-nominee-brian-quintenz-probed-kalshi-ties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump Bitcoin adviser David Bailey wants to create a $200M PAC
A key priority of the proposed PAC would be to send the Bitcoin price to $10 million, according to Bailey, and positioning “for the long term.” Read More at https://cointelegraph.com/news/david-bailey-bitcoin-pac-crypto-political-push?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CFTC seeks to allow spot crypto trading on registered exchanges
The CFTC is seeking feedback on how to more effectively regulate spot crypto trading as it moves to implement recommendations from the Trump administration. Read More at https://cointelegraph.com/news/cftc-spot-crypto-contracts-trading-initiative?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana begins shipping Seeker mobile device in over 50 countries
Solana Mobile stands to earn at least $67.5 million from sales of the Seeker, which had pre-orders many times higher than the first-generation device. Read More at https://cointelegraph.com/news/solana-mobile-device-seeker-ships-50-countries?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale adds Wall Street veterans as founder Barry Silbert returns to chair
Grayscale reappoints founder Barry Silbert as chairman and hires top Wall Street talent as it looks to defend its ETF revenue lead and sharpen its institutional edge. Read More at https://cointelegraph.com/news/grayscale-wall-street-veterans-barry-silbert-chair?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam
The GENIUS Act’s ban on yield could dampen the appeal of digital dollars, particularly as tokenization efforts in traditional finance gain momentum. Read More at https://cointelegraph.com/news/genius-act-scrutinized-stablecoin-yield-ban-tradfi-tokenization?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound