Cryptocurrency & Blockchain News

Insights on NVIDIA Director Mark A. Stevens' Recent Stock Sale

NVIDIA's Mark A. Stevens sold 350,000 shares, totaling $61.7 million amid company growth and AI market demand.

OranjeBTC's Strategic Bitcoin Acquisition Signals Growth in Brazilian Crypto Adoption

OranjeBTC acquires 3,650 BTC for $385 million, marking a significant step in Brazil's crypto adoption ahead of its IPO.

Tether's Funding Initiative and the Future of USDT

Tether pursues $500 billion valuation in a growing market for USDT, a leading dollar-pegged stablecoin, overcoming regulatory hurdles.

CFTC's Exploration of Stablecoins as Collateral in U.S. Derivatives Markets

The CFTC is exploring stablecoins as tokenized collateral, marking a key development in digital assets integration in financial markets.

SEC Approves Generic Listing for Grayscale’s Ethereum Trust

The SEC's approval of Grayscale’s Ethereum Trust for generic listing simplifies the path for crypto ETFs, signaling market acceptance.

Robinhood’s Projected Growth Through Prediction Markets

Robinhood aims for a $16 billion increase in market cap by entering prediction markets with Kalshi, enhancing user engagement and trading volumes.

FTX Trust Files $1.15 Billion Lawsuit Against Genesis Digital Assets

FTX Trust has initiated a $1.15 billion lawsuit against Genesis Digital Assets in a bid to recover funds following its bankruptcy.

White House Contemplates Josh Sterling for CFTC Leadership Role

The White House is evaluating Josh Sterling for the CFTC chair position, enhancing oversight of futures and expanding into cryptocurrency.

Understanding the Federal Reserve's Interest Rate Outlook and Economic Challenges

Jerome Powell signals uncertainty over interest rate cuts as the Fed balances inflation risks with economic growth needs.

Avantis Unveils 40 Million Token Distribution in Season 3 Rewards Program

Avantis announces a distribution of 40 million AVNT tokens to XP holders as part of its Season 3 rewards program.

Understanding the European Central Bank's Digital Euro Initiative

The ECB aims to launch its digital euro by mid-2029, positioning itself amid the global shift toward digital currencies.

Security Breach: $1.2 Million Hack at Seedify Fund Affects 64,000 Investors

Seedify Fund's $1.2 million hack impacts 64,000 users on BNB Chain, highlighting risks in cross-chain bridge security.

Understanding the Balancing Act of Employment and Inflation Risks

Employment risks are now comparable to inflation concerns, impacting the Fed's policies on maximum employment and price stability.

USDe Makes Its U.S. Debut on Kraken: A New Era for Stablecoins

Ethena Labs' USDe stablecoin is set to launch on Kraken, marking its U.S. debut and highlighting regulatory advancements in cryptocurrency.

REXShares Solana Staking ETF Gains $27 Million in a Single Day

REXShares' Solana staking ETF added $27 million in one day, reaching $306 million in assets, offering staking rewards without direct asset management.