The Senate Agriculture Committee postponed the markup hearing for its crypto market structure bill, previously planned for Tuesday afternoon, by two days. The committee intended to let lawmakers debate amendments and vote on its version of the bill, which aims to define how the Commodity Futures Trading Commission can oversee crypto markets, but a once-in-a-decade…
Silver is now a front-page asset on Hyperliquid, highlighting a subtle shift in how crypto derivatives venues are being used as bitcoin struggles to find direction. The SILVER-USDC contract has become one of Hyperliquid’s most active markets, trading around $110 during Asia hours and posting roughly $994 Million in 24-hour volume. Open interest sits near…
ARK Invest, the asset management firm led by Cathie Wood, has filed with U.S. regulators to launch two new cryptocurrency exchange-traded funds (ETFs) that would track the CoinDesk 20 — a benchmark of the most liquid digital assets, including bitcoin, ether, solana, XRP and cardano. Rather than holding crypto directly, the proposed ETFs would rely…
Jefferies, a Wall Street investment bank, said maturing blockchain infrastructure and incremental regulatory progress are laying the groundwork for a new wave of tokenization by institutions in traditional finance (TradFi). Broad adoption, however, depends on having clear U.S. market structure rules, it said. The bank pointed to the draft Digital Asset Market Clarity Act as…
The U.S. Marshals Service (USMS) is investigating allegations that the son of a Department of Defense and Department of Justice services provider, charged with managing cryptocurrency seized by law enforcement, stole more than $40 million worth of confiscated digital assets. Blockchain investigator ZachXBT accused John “Lick” Daghita, son of Dean Daghita, president of CMDSS —…
The context: Former BlackRock Head of Digital Assets Strategy, and SharpLink CEO, Joseph Chalom says institutional giants are betting heavily on Ethereum to serve as the global infrastructure for asset tokenization, ignoring current price stagnation. He outlines three key drivers for a projected 10x surge in Ethereum activity this year: BlackRock’s Larry Fink has signaled…
Bitcoin BTC$87,571.90 remained stuck in limbo at around $88,000 on Monday as gold and silver extended their blistering rallies before paring gains. BTC is up a bit from what’s now becoming a renewed pattern of panicky weekend selling, but down from around the $90,000 late Friday. Rising odds of a government shutdown on Jan. 31…
Deus X Capital’s Tim Grant wants real talk only when he’s speaking to others in the crypto industry. Deus X is a family office-backed investment and operating company that focuses on unlocking value across capital markets, fintech and digital assets to help build a fairer, more accessible financial system. Led by CEO Grant, Deus X…
Whether someone has squirreled away a trove of early bitcoin BTC$88,186.15 holdings, or a grandchild has persuaded an older family member to take a flyer on some coin or token, intergenerational wealth transfer these days might easily include crypto. Not so long ago, families in this position faced uncertainty about the basics: Does crypto count…
Russia has officially banned Ukrainian-founded cryptocurrency exchange WhiteBIT, escalating efforts to crack down on firms it says are supporting Ukraine’s war effort. The country’s prosecutor general designated WhiteBIT and its parent company, W Group, as “undesirable organizations,” a legal label that criminalizes any activity involving the firm in Russia. Russian authorities accused the exchange of…
