Bitcoin Strategy Aims for $1 Trillion Treasury
@MicroStrategy’s Michael Saylor aims to accumulate $1 trillion in Bitcoin, likening it to fire and electricity, while predicting mainstream adoption by tech giants. #Update #Crypto $BTC
Solana Aims to Rival Wall Street Power
@ForwardIndustries’ Kyle Samani raised $1 billion for a Solana treasury strategy, aiming to integrate global markets onchain. #Update #Crypto $SOL
CFTC Chair Nomination Withdrawn for Crypto Advocate
The White House has withdrawn Brian Quintenz’s nomination for CFTC chair, ending a contentious process amid opposition from crypto figures like the Winklevoss twins. Quintenz plans to return to private sector work. #Update #Crypto
Bitcoin ETF Launches with $1 Trillion Tech
Defiance ETFs launches the TRIL ETF, tracking trillion-dollar companies and Bitcoin via BlackRock’s iShares Bitcoin Trust, debuting with 5,744 shares traded at $20 each. #Update #Crypto $BTC
Cardano Whale Moves $54M: Dip Buying
A Cardano whale withdrew 67.8M $ADA from Coinbase, valued at $54.3M, indicating potential long-term holding strategy. #Breaking #Crypto $ADA
Visa Launches Stablecoin Liquidity Pilot
Visa’s new pilot merges stablecoin rails with its network for instant liquidity and cross-border efficiency, targeting legacy payments. #Update #Finance
CFTC Nomination Withdrawn Brian Quintenz
The White House withdrew Brian Quintenz’s nomination for CFTC chair, ending his bid to lead the derivatives regulator. Quintenz was active in crypto regulation discussions. #Update #Regulation
Bitcoin Laundering Scandal Hits $6.7 Billion
A woman in London, Zhimin Qian, admitted to laundering $6.7 billion in Bitcoin linked to an investment fraud scheme, resulting in the seizure of 61,000 BTC. #Breaking #Legal $BTC
CFTC Nominee Brian Quintenz Pulled by Trump
The White House has withdrawn Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission, marking a significant change in regulatory leadership. Quintenz expressed gratitude for the opportunity. #Update #Legal
SEC Approves Ripple Coinbase BitGo Custodianship
The U.S. SEC has issued guidance allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets, enhancing custody options for firms like @Coinbase and @Ripple. #Update #Crypto $XRP
SEC Approves DoubleZero’s Impact on Decentralized Infrastructure
@SEC grants DoubleZero a no-action letter, allowing token issuance for decentralized infrastructure without triggering securities laws, praised by DeFi advocates. #Update #Crypto $2Z
AI Actress Backlash Surges in Hollywood
SAG-AFTRA condemns AI-generated actress Tilly Norwood as a threat to human performers, sparking backlash over AI’s role in entertainment. #Update #AI
JPMorgan Blockchain Network Welcomes Qatar Bank
Qatar National Bank adopts @JPMorgan’s Kinexys blockchain for 24/7 USD corporate payments, enhancing speed and efficiency across the Middle East. #Update #Blockchain
SEC-CFTC Alignment Boosts Crypto Stability
U.S. regulators, SEC and CFTC, unite to streamline crypto oversight, signaling a new era of policy coordination and innovation. #Update #Crypto