May 22 is the next important date to watch as the SEC must respond to Grayscale's spot XRP ETF filing by then.
Despite President Trump's tariff turmoil in recent weeks, bitcoin has effectively been flat over the past month, Hougan noted.
The regulator aims to make a decision regarding rule changes to allow these funds in the coming weeks, according to documents on Monday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The DHS's group focused on combating money laundering launched a query into Anchorage, according to reporting from Barron's.
JPMorgan now lets companies make 24/7 blockchain payments in British pounds (GBP), adding to its euro (EUR) and dollar (USD) options.
Trump's tariff activity continues to weigh on sentiment toward the asset class, Head of Research James Butterfill said.
Conservative McDonald's shareholders also pushed for a bitcoin treasury and the meme token Fartcoin rose 30% in the past day.
Spot bitcoin ETFs saw $127 million in net outflows and the Bitcoin life insurance firm Meanwhile raised $40 million in Series A financing.
Based in Bermuda, Meanwhile offers a "BTC Whole Life" insurance product, which is a "whole life" insurance plan that's based in bitcoin.
Jack Dorsey's Block Inc. reached a $40 million dollar settlement with New York's top financial regulator on Thursday.
Banking executives gathered with lawmakers to request more flexibility in regulations over their collaboration with crypto firms.
Zhang will report to Grayscale CEO Peter Mintzberg, where will spearhead additional partnerships with the firm's clients and help grow the Grayscale Investments brand.
The Swiss-based firm's Taurus-NETWORK connects over 35 regulated financial institutions for secure, automated digital asset operations.
Ark Invest bought an additional $4.8 million worth of Coinbase shares for its three ETFs on Tuesday, a day after its $13.3 million Coinbase purchase.
The SEC intends to host a round table with Coinbase and other crypto legal rivals, and Ripple plans to acquire Hidden Road for $1.25 billion.
"By the end of 2028 we see XRP's market cap overtaking Ethereum's," said Standard Chartered's Geoffrey Kendrick in an email to The Block.
Ripple CEO Brad Garlinghouse claims that the crypto industry is "at an inflection point for the next phase of digital asset adoption."
The SEC will hold a crypto roundtable on Friday featuring panelists from Coinbase, Cumberland DRW and Uniswap Labs.
Ark Invest bought 84,514 Coinbase Global Inc. shares across its ARKW and ARKF ETFs on Monday amid a broad market slump.
The company said that it will hold a special shareholder meeting on May 9 to approve the reorganization plan.
Standard Chartered says bitcoin could benefit from rising tariff risks as signs of "U.S. isolationism" begin to shape market sentiment.
Standard Chartered now calls bitcoin a 'US isolation' hedge as it has held up better than most tech stocks in the recent market selloff.
BlackRock's blockchain money marker BUIDL paid out an estimated $4.17 million in investor dividends during March, Securitize said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
TD Cowen says hurdles "can still be overcome given how many Democrats are supportive of the need to enact a stablecoin bill."
Bitcoin's role as "digital gold" is being tested as volatility and ETF outflows raise investor doubts, according to JPMorgan analysts.
PayPal users in the United States and U.S. territories can buy Solana and Chainlink directly on the platform for the first time.
Standard Chartered's Geoffrey Kendrick said he likes Avalanche's approach to scaling, particularly after the recent Etna upgrade.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.