The U.S. is now one of the least competitive countries to import bitcoin mining equipment, according to Luxor Technology COO Ethan Vera.
Ethereum, DeFi protocols, and platforms like Coinbase and Robinhood stand to benefit most from the policy shift, in Matt Hougan's view.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The White House recently released a 168-page report outlining recommendations to usher in a "golden age of crypto."
A draft of the order reportedly directs regulators to investigate if banks have violated any laws and threatens to fine firms involved.
The agency recently launched 'Crypto Sprint' to implement suggestions from the digital asset report from President Trump's working group.
Rep. Dina Titus is pressing the CFTC to investigate potential incoming chair Brian Quintenz as he awaits a nomination vote.
The Treasury's FinCEN warned financial institutions to be on the lookout for bad actors using cryptocurrency ATMs.
"From buttonwood to blockchain," the SEC's Project Crypto will bring innovation back to the U.S., analysts at Bernstein said.
CFTC Acting Chair Caroline Pham said the agency will actively collaborate with the SEC to facilitate the US financial system's move onchain.
Bitcoin-based funds led the outflows with $404 million, while Ethereum investment products continued their 15-week inflow streak.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts downplayed a Q2 drop in transaction revenue, highlighting a 44% jump in July activity as a more important driver.
Aggregated Solana CME futures trading volume came in at $8.1 billion in July, while open interest average for the month topped $400 million.
Tyler Winklevoss and others say a16z Head of Policy Brian Quintenz, tapped by President Trump to lead the CFTC, is a flawed candidate.
Firms looking to launch Solana ETFs made changes to their filings as they potentially inch closer to getting the SEC's sign-off.
Many in the crypto industry expressed enthusiasm for the President's Working Group's report released on Wednesday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The combined ETFs now hold approximately 5.7 million ETH on behalf of their clients — 4.7% of ether's 120.7 million circulating supply.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump tasked a crypto working group with laying out recommendations for a regulatory framework for digital assets, including stablecoins.
A coalition of federal agencies, commissioned by the White House, detailed their recommendations to usher "in the golden age of crypto."
Falcon Finance is founded and backed by the same team behind DWF Labs — a controversial player in the crypto ecosystem.
The White House is slated to release a report Wednesday that's expected to reveal details on how federal officials view cryptocurrency.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sen. Cynthia Lummis introduced a bill that would put into law an order from a U.S. housing agency to evaluate cryptocurrency.
Bitcoin is holding steady as we approach the end of July, while Ethereum is seeing a surge in speculative interest.
Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020.
Tether CEO Paolo Ardoino said the stablecoin issuer is "well underway" to do business in the U.S. in an interview with Bloomberg Television.
Republican Senate Banking Committee Chair Tim Scott and other lawmakers are moving forward with their cryptocurrency market structure bill.