Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital.
SEC listing rules to boost crypto ETFs, but no guarantee of inflows: Bitwise
Bitwise’s Matt Hougan says a more straightforward SEC listing process could lead to more crypto ETFs, but that doesn’t mean they’ll all attract money.
UK to strengthen ties with US on crypto matters: Report
The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain.
Bitwise files for stablecoin, tokenization ETF with US SEC
Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules.
Ethereum’s new AI lead says ecosystem demand is driving AI push: Interview
Davide Crapis says the Ethereum Foundation’s new AI team wasn’t part of the roadmap but grew out of grassroots demand.
US House to consider retroactive CBDC ban in market structure bill
The House Rules Committee could add the CBDC bill to the final version of the market structure bill, but may not impact the Senate’s own version of the legislation.
Bitcoin may hit $120K on Wednesday: Here is why
Bitcoin’s price strength is supported by centralized exchange withdrawals, spot ETF inflows and BTC’s increasing use as a financial hedge.
Binance seeks DOJ deal that could end 2023 compliance monitor: Report
The DOJ is reportedly considering lifting a three-year compliance monitor imposed under Binance’s $4.3 billion settlement.
Circle responds to Hyperliquid’s stablecoin with investment, native USDC rollout
Circle is now a HYPE holder, has introduced native USDC to Hyperliquid and is considering becoming a network validator.
Bitcoin mining stocks outperform BTC as investors bet on AI pivots
Cipher, Terawulf, Iris Energy, Hive and Bitfarms rallied sharply in September, outpacing Bitcoin despite tightening mining economics and weaker onchain activity.