SEC Postpones Litecoin (LTC) ETF Proposal from Canary Capital – CoinDesk
The Securities and Exchange Commission (SEC) has postponed its decision on the Spot Litecoin (LTC) Exchange Traded Fund (ETF) proposed by Canary Capital. This delay follows a similar decision on various other Spot Crypto ETFs last week, including those for XRP, Hedera, and Dogecoin; however, Canary’s Litecoin application remains in limbo. On Monday, which marked […]
Weekly Chart: ’10x Money Multiplier’ for Bitcoin May Surprise Wall Street – CoinDesk
Impact of Bitcoin Buying Strategies on Future Prices Michael Saylor’s approach to purchasing Bitcoin for company balance sheets has, it seems, become a trend among various publicly traded firms, leading to a notable improvement in stock values and overall shareholder confidence. This raises an important question: what does this mean for the future of Bitcoin […]
Tether CEO Criticizes EU Deposit Protections as Bank Failure Risks Grow – CoinDesk
Tether CEO Warns of Potential European Bank Breakdowns Paolo Ardoino, the CEO of Tether, has raised alarms about the European financial landscape, highlighting how perilous lending practices coupled with new cryptocurrency regulations could precipitate bank failures across the continent soon. During a chat on the Less Less Noise More Signal Podcast, Ardoino critiqued the European […]
Arizona Governor Deems Crypto an ‘Unproven Investment,’ Rejects Bitcoin Reserve Bill – CoinDesk
Arizona has decided against investing in Bitcoin (BTC) for the current year. Governor Katie Hobbs announced her rejection of a proposed bill that aimed to have the state hold digital assets in its official reserves. This legislation, known as Senate Bill 1025, suggested utilizing seized funds for investing in BTC and establishing state-administered digital asset […]
U.S. Commerce Secretary Lutnick's Son Teams Up with Tether, SoftBank for $3B Bitcoin SPAC: FT – CoinDesk
Brandon Rutnick, son of U.S. Secretary of Commerce Howard Lutnick and son of Canter Fitzgerald, is launching listed Bitcoin investment vehicles backed by SoftBank, Tether and Bitfinex. Financial Times was first reported. The Special Purpose Acquisition Company (SPAC), known as Cantor Equity Partners, will raise $200 million in January to help form 21 new companies […]
Crypto Ally Paul Atkins Sworn In to Replace Gary Gensler Atop U.S. SEC – CoinDesk
Paul Atkins made a vow Become the chairman officially Of the U.S. Securities and Exchange Commission, Mark Weda will return to his previous role as Republican commissioner after three months of serving as chief of agency agency. Atkins will forever replace former chairman Gary Gensler, whom the crypto industry saw as a major adversary of […]
Canary Capital Files for Tron ETF With Staking Capabilities – CoinDesk
Canary Capital is about to launch an Exchange-Traded Fund (ETF) that tracks the price of Tron’s native token TRX. Submit. The hedge fund filed Form S-1 for the Canary Stake TRX ETF with the Securities and Exchange Commission (SEC) on Friday. As the name suggests, if approved, the fund bets a portion of its holdings. […]
A Public Company Boasting Trump's Sons on Advisory Board Is Buying BlackRock Bitcoin ETF (IBIT) – CoinDesk
The investment company, which has ties to President Donald Trump's son Eric and Donald Trump Jr., puts some of the excess cash in the Spot Bitcoin Exchange Trade Fund (ETF). Dominali Holdings (DOMH) was built at Trump Tower in New York City. Heading Last month, the Trump brothers joined the 58-year-old advisory committee and became […]
North Korea-Linked Lazarus Group Holds More Bitcoin Than Elon Musk's Tesla – CoinDesk
Lazarus Group, a hacking group closely linked to North Korea than Tesla (TSLA), an electric car manufacturer led by Elon Musk, holds more Bitcoin (BTC) than Tesla (TSLA). At the time of pressing, Lazarus held 13,441 BTC worth $1.14 billion, according to data sources. Arkham Intelligence. That's over 16% Tesla's Bitcoin Stash 11,509 BTC. Lazarus […]
Bitcoin Price Forecast: BTC's Bull Market Cycle is Over, CryptoQuant's Ki Young Ju Says – CoinDesk
Bitcoin (BTC) bull market has ended, according to Ki Young JU, founder of Crypto research firm Cryptoquant. JU posted on X that he expects a bearish or sideways price action of six to 12 months as BTC Bull Run loses steam citing reduced liquidity in the market. “We need new liquidity. The on-chain recognition cap […]