Crypto Regulation: A16z Urges SEC Update
@a16z urges the Securities and Exchange Commission to update crypto custody rules for Registered Investment Advisers, proposing new guidelines to accommodate digital assets. #Update #Legal (+3) ↗
@a16z urges the Securities and Exchange Commission to update crypto custody rules for Registered Investment Advisers, proposing new guidelines to accommodate digital assets. #Update #Legal (+3) ↗
77K $ETH moved to derivatives platforms, sparking concerns of a potential price crash. #Update #Crypto $ETH (-6) ↘
Russia’s Finance Ministry proposes developing stablecoins pegged to various currencies after USDT wallet blockages, aiming to ease fund transfers amid Western sanctions. #Update #Crypto $USDT (-3) ↘
Crypto giant @BitwiseInvest reports surging stablecoin AUM and parabolic growth in tokenized RWAs despite a frustrating Q1, with institutional interest in Bitcoin futures at all-time highs. #Update #Crypto $BTC (+6) ↗
@base’s experimental token, minted from a tweet, skyrocketed to $23M before stabilizing at $18M amid controversy over its rapid valuation shifts and market impact. #Update #Crypto (+6) ↗
@Bitget launches an on-chain partnership program offering up to 40% rebates, merging CEX and DeFi benefits for creators with at least 100 followers. #Update #Crypto (+4) ↗
@SemlerScientific files with the SEC to issue $500M in securities after a tentative $30M DOJ settlement, planning to acquire more $BTC using Coinbase loans. #Breaking #Crypto $BTC (+8) ↗
Scientists at the University of Cambridge discovered potential life-signature molecules on exoplanet K2-18b using NASA’s James Webb Space Telescope. #Update #Space (+6) ↗
Ethereum price struggles below $1,600, facing resistance at $1,655; potential decline towards $1,535 if resistance holds. #Update #Crypto $ETH (-3) ↘
Trump’s tariffs spark global concerns as China and BRICS accelerate de-dollarization, warns Chinese finance expert Zheng Runyu on potential US dollar decline. #Breaking #Economy (+9) ↘
@Tether_to is the largest CeFi lender, with @GalaxyHQ and Ledn following, controlling 89% of the market; DeFi lending surged 959% since its low. #Update #Crypto $USDT (+3) ↗
Panama City allows $BTC, $ETH, USDC, and USDT for taxes, collaborating with a bank for instant USD conversion. #Update #Crypto $BTC (+4) ↗
Ethereum faces selling pressure as major holders sell at a loss, with $ETH trading between $1,550 and $1,700; whales recently bought 77,000 ETH for $125M. #Breaking #Crypto $ETH (+8) ↗
@huggingface launches Reachy 2, a $70,000 open-source humanoid robot for AI labs, marking its entry into robotics after acquiring Pollen Robotics. #Update #AI (+5) ↗