DeFi Projects Primed for Outperformance
@KaikoData reports their DeFi index outperformed $ETH since October 2023, with UNI, AAVE, and ONDO benefiting from regulatory changes. #Update #Crypto $ETH (+5) ↗
DeFi
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Uniswap Launches Fiat Off-Ramps for Crypto
@Uniswap introduces fiat off-ramps in its wallet, enabling crypto-to-bank transfers via integrations with @RobinhoodApp, MoonPay, and Transak across 180+ countries. #Update #Crypto $UNI (+4) ↗
Uniswap Class Action Dismissal Upheld
The U.S. Court of Appeals for the Second Circuit largely upheld a 2023 decision dismissing a class action against @Uniswap over scam tokens, remanding state claims. #Update #Legal (+2) →
IRS DeFi Tax Rule Repeal Advances
The U.S. House Ways and Means Committee voted to reverse the IRS’s DeFi tax rule, moving the resolution to the full House for approval. #Update #Legal $BTC (-4) ↘
Ethereum ETF Staking Proposal Awaits SEC Decision
@SECGov is reviewing @NYSE’s proposal for staking in Grayscale Ethereum Trust ETFs, with a decision expected by May 26, 2025. #Update #Legal $ETH (→ 0)
Crypto Liquidity: Citadel Securities Explores Services
@CitadelSec plans to enter crypto market-making, targeting major exchanges like Coinbase and Binance, spurred by Trump’s pro-crypto stance. #Update #Crypto (+7) ↗
Crypto Surge: Key DeFi Developments Unleashed
Key DeFi developments suggest a potential altseason surge, with significant activity in decentralized finance and blockchain upgrades signaling increased interest in digital assets. #Update #Crypto $ETH (+4) ↗
SEC Staking Approval Crucial for ETFs
The SEC faces pressure from Congress to allow staking in ETPs, highlighting competitive disadvantages for U.S. markets compared to international counterparts. #Update #Legal $ETH (+7) ↗
Coinbase Political Spending Yields Billions
Coinbase announced the SEC is set to dismiss its lawsuit, marking a significant legal victory after extensive political spending. #Breaking #Legal (+9) ↗
DeFi Concerns ConsenSys Challenges SEC Amendment
@ConsenSys urges the U.S. Securities and Exchange Commission (SEC) to withdraw proposed amendments expanding the definition of “exchange” to include DeFi platforms, citing legal overreach concerns. #Update #Legal (+3) ↗
Solana ETF Staking SEC Approval Sought
@FTI_US seeks SEC approval for a Solana ETF involving staking, potentially allowing proof-of-stake assets in ETFs, according to Bloomberg analyst James Seyffart #Update #ETF $SOL (+3) ↗
Crypto Staking Faces SEC Scrutiny
The US SEC is examining crypto staking activities, potentially issuing new guidance, as reported by @EleanorTerrett. Recent meetings involved Jito Labs and Multicoin Capital Management. #Update #Crypto (+3) →
Bitcoin Staking Platform Acre Secures Funding
@AcreFunding secures significant investment to enhance its Bitcoin staking platform, boosting token valuation amid growing crypto adoption. #Update #Crypto (+3) →
Ethereum ETF Staking Proposal Under SEC Review
The U.S. Securities and Exchange Commission (SEC) is reviewing @21Shares’ proposal to include staking in its spot Ethereum ETF, potentially transforming crypto investments. #Update #Crypto $ETH (+6) ↗