The US Securities and Exchange Commission has delayed its decision on Bitwise’s application to add staking to its Ether exchange-traded fund and on Grayscale’s XRP ETF bid, which analysts had expected. The SEC said on May 20 that it needed to extend its decision on Bitwise’s application by 45 days to “consider the proposed rule … Read more
Shareholders of the healthcare services provider KindlyMD, Inc have approved a proposed merger with Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey. KindlyMD and Nakamoto Holdings, a newly formed company that focuses on creating a network of Bitcoin-related entities, will both file information statements with the Securities and … Read more
Kindered, a leading Agentic AI platform, has recently started a new partnership with CoinMarketCap, a prominent crypto market data platform. The collaboration includes the integration of Kindered with CMC Labs incubation project of CoinMarketCap to advance Agentic AI. The platform revealed this partnership on its official social media account on X. 𝗞𝗶𝗻𝗱𝗿𝗲𝗱 × @CoinMarketCap 🤝 … Read more
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to on-chain data from analytics platform Santiment, Ethereum’s supply on exchanges has dropped to an all-time low, plunging below 4.9%. This marks the lowest level recorded in its 10+ year history and highlights a dramatic shift in investor behavior. This is … Read more
Commerce Secretary Howard Lutnick has agreed to transfer his stake in Cantor Fitzgerald to his children and a group of investors, as part of an ethics agreement with the U.S. government. Lutnick Complies With Ethics in Government Act U.S. Commerce Secretary Howard Lutnick has reportedly agreed to transfer his stake in Cantor Fitzgerald to his … Read more
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Blackstone, which bills itself as the “the world’s largest alternative asset manager,” disclosed its first-ever crypto-related purchase, buying shares in BlackRock’s spot Bitcoin exchange-traded fund. However, Blackstone’s investment, reported in a May 20 filing with the US Securities and Exchange Commission, only totaled around $1.08 million — a fraction of the asset manager’s $1.2 trillion … Read more
Cryptocurrency analytics firm Alphractal has shared a new assessment aimed at understanding the effects of leveraged trading on the market. Drawing attention to how Open Position and long/short ratio data move together, the company presented four basic scenarios regarding investor sentiment and possible risks. Scenario 1: Both Open Position and Long/Short Ratio Increase This scenario … Read more
The recent SEC charges against Unicoin highlight the ongoing scrutiny of cryptocurrency platforms and underscore the importance of transparency in the sector. Unicoin allegedly raised $100 million from investors by promoting misleading claims about the backing of its crypto assets with real-world properties. According to Mark Cave from the SEC, the executives “exploited thousands of … Read more
Russia is preparing a bill that would specify the requirements and procedures for the confiscation of digital assets, taking into account the specific circumstances surrounding these actions. The Russian Ministry of Justice emphasized that anonymity and the lack of centralized control over these assets have hampered these efforts. Russia to Introduce Bill Specifying Procedures to … Read more