Analysis
Election 2024
US markets, Bitcoin poised for rally regardless of elections outcome
Fundstrat's Tom Lee sees year-end rally as election uncertainty fades, while Bernstein predicts Bitcoin's resilience and potential growth to $200,000 by 2025 amid fiscal challenges.
Memecoins
Binance Research warns memecoins risk frenzy over fundamental innovation
Despite high failure rates, economic uncertainty fuels memecoin allure among millennials and Gen Z searching for quick gains.
Analysis
VanEck counters skepticism, highlights Solana’s high transaction allure
VanEck said that Solana's structural efficiencies drive speculative trading and revenue growth, despite wash trading concerns.
Legal
DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme
Gotbit allegedly exploited meme-based cryptocurrency trends through artificial trading to deceive investors and platforms.
Adoption
Vivek Ramaswamy’s Strive to integrate Bitcoin as hedge against long-term economic risks
Co-founded by Vivek Ramaswamy, Strive's new Dallas-based unit aims to offer financial independence by incorporating Bitcoin into client portfolios.
CBDCs
BIS cuts ties with controversial CBDC project mBridge, citing project maturity
The project, designed to simplify cross-border payments through CBDCs, has raised concerns over potential misuse to evade US sanctions.
Regulation
SEC crackdown continues with Immutable latest to receive Wells Notice
Immutable challenged the SEC's vague allegations and said it will continue to innovate despite regulatory hurdles
Culture
Trump reaffirms support for Bitcoin on Satoshi’s whitepaper anniversary
Trump's post on social media, which also targeted Democratic rival Kamala Harris, highlighted his commitment to a crypto-friendly approach.
Analysis
StanChart sees high volatility for Bitcoin in lead up to US elections
Standard Chartered highlighted stabilized open interest and lowered short liquidation as Bitcoin braces for election-driven volatility.
ETF
NYSE Arca seeks SEC approval for Grayscale’s crypto index ETF
The Grayscale Digital Large Cap Fund ETF aims to introduce investors to a mixed basket of digital assets, including Solana and other altcoins beyond Bitcoin and Ethereum.
ETF
Canary Capital joins Solana ETF race amid rising investor demand
Canary Capital joins VanEck in seeking SEC approval for crypto-backed ETFs amid strong Solana metrics.
Legal
Judge grants leniency to Nishad Singh in FTX scandal for crucial cooperation
Judge Kaplan acknowledged Singh's limited role in the FTX scandal and granted him a more lenient sentence.