Technology
Stablecoins
Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Bard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon.
Analysis
VanEck projects sustained growth for Bitcoin as altcoin season index rises
Matthew Sigel, VanEck's head of digital asset research, explains that Bitcoin and altcoins fuel themselves until the cycle reaches its top.
Adoption
Microsoft shareholders oppose Bitcoin treasury allocation in preliminary vote
Despite not adding Bitcoin to its treasury for now, the company's board of directors stated that it continues to monitor trends and developments related to this market.
TradFi
Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
David Solomon acknowledged crypto as an interesting technology during the Reuters Next event, says there are no reputational risks in them.
Crypto
Bitcoin shows strength for further upside as it consolidates on $100k — Bitfinex
Despite the 14% weekly crash in price, Bitcoin key metrics cooled off, suggesting further growth.
Crypto
Ethereum community debates raising gas limits amid stability and security concerns
Although raising gas limit for Ethereum blocks enhances the protocol's performance, it also poses security risks that have to be carefully observed.
DEX
Jupiter to airdrop $860 million in JUP tokens to loyal community voters
The amount will be airdropped as JUP tokens to voters who actively participate in the protocol's governance.
Adoption
Jetking Infotrain becomes India’s first public company to hold Bitcoin as treasury reserve
The company allocated over 26% of its market cap in Bitcoin, seeking to boost shares' prices in the long term.
Regulation
SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analyst
In addition to allegedly refusing any new crypto-related ETF filings, Gensler's administration filed a brief on the Binance lawsuit.
Adoption
Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea
Larry Summers said in an interview he understands other commodities' reserves, but calls Bitcoin a 'sterile inventory.'
Regulation
Coinbase exec publishes FDIC letters urging banks to halt or avoid crypto services
Paul Grewal stated that the letters, acquired through FOIA requests, prove that Operation Chokepoint 2.0 existed.
Crypto
90% of token unlocks drive prices down, declines begin a month ahead
Team unlocks are the most damaging to a token price, along with small and frequent distributions.