cryptobriefing
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Gensler’s exchange rule proposal sparks concerns for DeFi and crypto platforms
Key Takeaways Gensler calls for updated exchange rules to cover evolving digital asset platforms. Crypto industry fears SEC’s proposal may…
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Bitcoin eyes new high as China joins Fed with pandemic-level stimulus
Key Takeaways China’s $140 billion stimulus could drive Bitcoin to surpass $70,000. Bitcoin’s technical breakout suggests a potential rally to…
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Ethena debuts UStb stablecoin backed by BlackRock to complement USDe
Key Takeaways Ethena Labs’ new UStb stablecoin is fully backed by BlackRock’s BUIDL fund. The ENA governance token surged 14%…
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Revolut explores stablecoin launch while Robinhood rules out immediate plans
Key Takeaways Revolut is considering a stablecoin launch but has not made a final decision. Robinhood has no immediate plans…
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Bitcoin breaks $65,000 level as US economy grows 3%
Key Takeaways Bitcoin’s value surged past $65,000 following a 3% US GDP growth report. Improvements in the US job market…
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SEC chair Gensler reaffirms Bitcoin is not a security
Key Takeaways SEC Chair Gary Gensler reaffirmed Bitcoin’s status as not a security. Gensler emphasized the need for strict regulations…
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Leveraged and short MicroStrategy ETPs debut in Europe
Key Takeaways Leverage Shares launches 3x leveraged and inverse MicroStrategy ETPs on London Stock Exchange. MicroStrategy holds 252,220 BTC, representing…
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Hut 8 completes pivot to AI market with GPU-as-a-Service launch
Key Takeaways Hut 8 Corp. deployed 1,000 NVIDIA H100 GPUs for its new GPU-as-a-service vertical. The company’s compute layer now…
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Curve Finance considers dropping TrueUSD from crvUSD collateral
Key Takeaways Curve Finance’s proposal could end TrueUSD’s role as crvUSD collateral. The proposal suggests Curve Finance’s move is aimed…
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US Bitcoin ETFs secure 5-day inflow streak as BlackRock rakes in $184 million
Key Takeaways BlackRock’s iShares Bitcoin Trust led with $184 million in inflows. Total net inflows for US Bitcoin ETFs have…
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