Bitcoin Exchange Fuels Iran Strait Toll Booth
Iran’s BitBank crypto exchange allegedly facilitated hundreds of millions in bitcoin transactions for the Islamic Revolutionary Guard Corps, prompting U.S. Treasury sanctions. #Breaking #Legal $BTC
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Solana Boosts Block Speed by 17%
@Solana has reduced its target slot time from 300ms to 250ms, increasing transaction update speed without enhancing capacity, impacting trading applications positively. #Update #Crypto $SOL
Bitcoin Demand Weakens as Corporates Buy 5900
Corporate treasuries purchased just 5,900 $BTC in three months, remaining underwater at an average cost basis of $80.5K. Demand signals from U.S. spot bitcoin ETFs also appear weak. #Update #Crypto $BTC
Ethereum Confirms Glamsterdam Dates Amid Builder Warnings
Ethereum confirms an Oct. 6 public test for the Glamsterdam upgrade, warning that free test ether could enable teenagers to exploit block auctions without delivering transactions, risking infrastructure testing. #Update #Crypto $ETH
Bitcoin Surges Above $77000 as ETFs Decline
U.S. spot $ETH ETFs saw $39M in outflows, marking three days of withdrawals; $XRP lost $5M. Meanwhile, $BTC ETFs gained $159M as price rises above $77K. #Update #Crypto $ETH
Bitcoin Surges as Bank of Japan Raises Rates
The Bank of Japan raised its benchmark interest rate by 25 basis points to 1.25%, the highest in 31 years, causing Bitcoin to gain 0.5% against the yen. #Update #Crypto $BTC
SEC Approves Real Stocks on Blockchain
Real stocks can now trade on public blockchains under SEC guidelines, allowing venues to tokenize up to 75 stocks and manage limited trading volumes. #Update #Crypto $BTC
Ondo Finance Crisis: Allegations of Dementia and Reckless Spending
Dr. Clinton alleges her mother, Kathleen Allman, displayed reckless spending and claimed dementia and alcoholism in court filings, amid a family estrangement following abusive remarks to Dr. Clinton’s children. #Update #Legal
SEC Approves Tokenized U.S. Stock Trading
The SEC’s innovation exemption may pave the way for tokenized U.S. stock trading, benefiting platforms like @Robinhood and decentralized applications, with shares of Robinhood and Coinbase rising 2.8% and 5% respectively. #Update #Crypto $ETH $SOL
Crypto Tax Bill Advances as Congress Reconsiders CLARITY
Kevin O’Leary believes the Clarity Act will be revisited in Congress early next year after a recent vote failed. Meanwhile, the Digital Asset Tax Certainty Act advanced in the House. #Update #Crypto $BTC
Ethereum Launches Glamsterdam Upgrade for Capacity Boost
Ethereum’s @Glamsterdam raised its block gas limit to 200 million, enhancing transaction capacity and reducing fee spikes during high activity. This remains a test setting for the main network. #Update #Crypto $ETH
Crypto Industry Seeks Clarity Amid Clarity Act Failure
Tom Farley, CEO of @CoinDesk owner Bullish, stated that the failure of the Clarity Act won’t hinder U.S. crypto progress, but regulatory uncertainty risks competitiveness. #Update #Crypto $BTC $ETH
SEC Prepares for 24/7 Crypto Trading
U.S. SEC prepares for potential 24/7 trading, acknowledging crypto’s continuous nature; concerns about volatility and monitoring persist. @SEC_Enforcement #Update #Crypto $BTC $ETH
Crypto Raids Signal End of Light-Touch Regulation
The U.K. Financial Conduct Authority (FCA) and partners shut down three illegal peer-to-peer crypto trading sites in London, signaling a crackdown on unregistered operations as regulations approach. #Breaking #Legal $BTC