Crypto
Trump’s new tariffs caused $2 billion in liquidations
Most coins effectively lost all gains they made post-Donald Trump's election victory.
Oluwapelumi Adejumo 3 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.3%
News sentiment 46 /100
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Enterprise
MicroStrategy to expand Bitcoin holdings with $563 million in fresh funding
Innovative financing through perpetual preferred stock signals confidence in Bitcoin’s long-term value, aiming to elevate holdings further.
Research
New FASB rules make Bitcoin holdings a goldmine for corporate earnings
However, the same unrealized gains from BTC holdings could lead to surprise tax liabilities under CAMT regulations, posing financial challenges for corporations.
Latest US Crypto News & Analysis
Exchanges
Kraken revenue surges 128% to $1.5 billion in 2024 amid strategic overhaul
Kraken's strategic pivots fuel exceptional growth, doubling revenue and enhancing staking services after SEC settlement.
Trading
Grayscale launches trust for institutional access to Dogecoin
Grayscale's new Dogecoin Trust offers accredited investors a systematic approach to accessing the meme coin's potential.
Analysis
Bitwise CIO believes Bitcoin’s traditional 4-year cycle is over
The approval of spot Bitcoin ETFs and favorable regulatory landscape in the US may change the crypto market dynamics.
ETF
Bitcoin and Ethereum ETFs see $655M in inflows as SEC swiftly approves Bitwise’s new combined fund
Bitwise ETF approval in record time has raised expectations for other crypto-based products.
ETF
Grayscale files to convert its XRP into an ETF
The Grayscale XRP Trust currently holds $16 million in assets under management, representing 1.2% of the total from XRP ETPs.
Legislation
South Dakota lawmaker proposes two Bitcoin Reserve bills, eyes 10% state fund allocation
In addition to a bill establishing a Bitcoin reserve, Logan Manhart urged State Investment Council to explore Bitcoin as a hedge against inflation.
