In brief SBF’s verified X account posted “gm” Tuesday evening despite prison restrictions on internet use. FTT token surged 32% following the tweet, with volume climbing from $10.4M to $59M. The FTX estate has filed […]
In brief Kaia and LINE NEXT have announced Project Unify, a stablecoin-powered app inside LINE Messenger, which has nearly 200 million users in Asia. The app will launch in beta later this year, offering payments, […]
In brief The FTX Recovery Trust has announced its third distribution to former clients of the bankrupt exchange. A total of $1.6 billion will be repaid to creditors this time. The FTX brand went bankrupt […]
In brief The standards bar leveraged and inverse trusts from using the generic path. Eligible assets must already be traded on regulated, surveilled markets or backed by an existing ETF. Solana and Litecoin ETFs could […]
In brief The pair have asked Judge Edgardo Ramos to stay litigation until later this year while settlement paperwork is finalized. The case centers on whether Gemini Earn, a yield-bearing service tied to Genesis, constituted […]
DOGE is having its day (again), with Dogecoin putting up enormous gains on the week amid growing corporate and institutional interest in the O.G. meme coin. Dogecoin has surged by nearly 13% over the last […]
In brief Bitcoin briefly swelled to a 19-day high, driven by cooler U.S. inflation data that has increased expectations of a Federal Reserve rate cut. The crypto market’s bullish sentiment is also fueled by significant […]
In brief GameStop disclosed 4,710 BTC on its balance sheet, valued at $528.6 million with $28.6 million in unrealized gains. Net loss narrowed to $18.5 million from a $44.8 million profit in Q1. Revenue slipped […]
In brief Dogecoin jumped 5.1% to $0.22, buoyed by news of a proposed ETF from REX Shares. TRON gained 2.4% after headlines tied to founder Justin Sun, while XRP added 2%. September’s rate cut expectations […]
In brief Robinhood was added to the S&P 500 Publicly traded digital asset-focused firms have benefited from the friendlier regulatory and political environment of recent months. The S&P 500 added crypto exchange Coinbase to the […]
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