Macro
Ethereum outperforms with $321 million inflow as Bitcoin, XRP sees combined outflow of over $36 million
Investor sentiment tilts towards Ethereum as Bitcoin, XRP experience $36 million outflow.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.3%
News sentiment 43 /100
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Culture
US government has now lost $21 billion selling seized Bitcoin we once fought to freeze
Bitcoiners once wanted to freeze gov coins, now they cheer hoarding seized assets.
People
Silk Road founder receives $31.4M BTC donation after bagging $1.8M in auction
In addition to donation from multiple supporters, Ross Ulbricht also has access to millions of dollars worth of BTC that were not seized.
Latest US Crypto News & Analysis
Stablecoins
Nobel prize-winning economist says ‘stablecoins don’t serve any clearly useful function ’; Coinmetrics co-founder disagrees
Paul Krugman believes that the ‘only economic reason’ to use stablecoins is that they ‘facilitate criminal activity.’
Memecoins
Memecoin investors ‘should not be looking to the SEC for protection,’ Commissioner Hester Pierce says
Head of SEC's Crypto Task Force made it clear that most memecoins are not securities, and therefore, fall outside the agency's purview.
Macro
Jamie Dimon casts doubt on US dollar as global reserve currency
JPMorgan CEO Jamie Dimon warns the US dollar’s reserve currency status is at risk unless the U.S. addresses its internal challenges.
Adoption
Meta shareholders reject Bitcoin treasury bid in landslide vote
With fewer than 0.1% of votes cast in favor, the initiative to use part of the $72 billion Meta holds in cash fell short of passage.
ETF
REX pushes ETH and SOL staking ETFs via rare C-Corp as SEC softens stance
James Seyffart highlighted the usage of the C-corporation structure, rarely used in the ETF industry, to sidestep the customary 19b-4 review.
Scams
US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree
Funnull's infrastructure supported fraudsters with domain-generation algorithms and deceptive websites to aid pig butchering scams.
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Derivatives
Coinbase adds 24/7 trading for XRP and Solana futures amid derivatives expansion
Adoption
Trump Media aims for top Bitcoin holder status after closing $2.44 billion investment
Staking
SEC removes key hurdle for Ethereum ETFs by exempting staking from securities rules
Adoption
