The US House Oversight Committee has announced its investigating cases of debanking of crypto companies. Uniswap, Coinbase, Kraken, a16z and Blockchain Association are among crypto companies and entities to receive a letter asking for information on the alleged debanking. The Senate Banking Committee is also set to hold a hearing on debanking in early February. … Read more
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Crypto’s new viral app isn’t very new at all. Solana-based social project Clout saw its downloads take off after launching an iPhone app that lets users buy tokenized versions of social media profiles. This is very similar to the premise behind the … Read more
The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the Avalanche blockchain on Thursday. The tokens made their debut after a five-month whitelisting period where they generated a double-digit yield, according to a … Read more
The U.S. Securities and Exchange Commission has rescinded a highly controversial rule that set certain rules for banks and other public firms wanting to hold crypto. The reversal marks another shakeup in the SEC following the exit of ex-chair Gary Gensler and potentially a new approach to regulating crypto assets under Commissioner Hester Pierce, who … Read more
Ethereum’s recent resurgence is highlighted by significant transactions from notable crypto investors, driving excitement in the market. With ETH maintaining its value above crucial support levels, investor confidence appears to be on the rise, suggesting a bullish trend ahead. “The active participation of prominent figures like Trump and Sun signals a potential shift in market … Read more
In typically Trump style, the Jan. 20 presidential inauguration was marked by excitement, concern and outright confusion from the crypto faithful.
The London building, opened in 2023 while UK Prime Minister Rishi Sunak was in office, will be shuttered in favor of focusing on the venture capital firm’s US operations.
In a latest development, MicroStrategy known for its significant Bitcoin investments and its exceptional 727% return over the past year, has issued a notice for the full redemption of its 0.0% Convertible Senior Notes due 2027. The company informed the trustee that it plans to redeem the outstanding notes, which have an aggregate principal amount … Read more
The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins will … Read more
The rise of memecoin-based assets is reshaping the cryptocurrency landscape as industry leaders signal a shift in regulatory approval trends. The recent surge in interest surrounding memecoins, especially with the advent of new ETFs, showcases a potential turning point for cryptocurrency adoption and market liquidity. According to Cointelegraph, ARK Invest’s Cathie Wood emphasized that the … Read more