SEC - Trade Savi - 360-degree view on crypto market

2024 ELECTIONS BRIAN ARMSTRONG COINBASE DONALD TRUMP GARY GENSLER SEC

Coinbase CEO says he will not work with law firms that hire crypto-hostile former SEC staff

Brian Armstrong of Coinbase warns law firms against hiring ex-SEC staff viewed as hostile to crypto, emphasizing ethical concerns and the industry's hopes for a new, supportive administration.

theblock.co • 03/12/2024 - 12:45 PM

BITCOIN DONALD TRUMP ETHEREUM GARY GENSLER SEC SOLANA TETHER XRP

The Daily: XRP is back in crypto's top three, Michael Saylor advises Microsoft on adopting bitcoin and more

XRP, closely associated with digital asset infrastructure firm Ripple, has surpassed Tether’s USDT and Solana’s SOL to become the world’s third-largest cryptocurrency with a market cap of around $150 billion. Michael Saylor urged Microsoft CEO Satya Nadella and its board of directors to adopt bitcoin on its balance sheet, calling it the “best asset you can own.” MicroStrategy has acquired a further 15,400 BTC for approximately $1.5 billion at an average price of $95,976 between Nov. 25 and Dec. 1. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 02/12/2024 - 18:45 PM

SEC

WisdomTree files with SEC for spot XRP ETF

The WisdomTree XRP Fund would be listed on the Cboe BZX Exchange, Inc. WisdomTree previously registered an XRP entity on Nov. 25 in Delaware

theblock.co • 02/12/2024 - 18:30 PM

2024 ELECTIONS BITCOIN BITCOIN FUTURES ETF BLACKROCK DONALD TRUMP ETHEREUM INVESTMENT FIRMS SEC SOLANA SPOT BITCOIN ETF SPOT ETHEREUM ETF TETHER XRP

Global Ethereum investment products hit $2.2 billion annual inflow record amid US ETF surge

Ethereum-based investment products registered $634 million worth of net inflows globally last week, led by the U.S. spot ETFs, according to CoinShares. As a result, Ethereum funds reached a new annual record of $2.2 billion in net inflows, surpassing the $2 billion peak in 2021. Meanwhile, XRP funds hit a weekly inflow record, while Bitcoin products witnessed outflows.

theblock.co • 02/12/2024 - 15:33 PM

2024 ELECTIONS DONALD TRUMP ETHEREUM INVESTMENT FIRMS SEC SPOT ETHEREUM ETF

Ethereum ETF staking yield likely to be approved under crypto-friendly 'Trump 2.0' SEC, Bernstein says

Analysts at Bernstein said that despite ether’s underperformance this year, its fundamentals look strong, and the risk-reward ratio is now attractive. The potential for staking yields to be approved for spot Ethereum exchange-traded funds under Trump, the recent inflection in ETF inflows, favorable demand-supply dynamics, and a surge in activity on the blockchain were outlined as factors driving a revival of interest.

theblock.co • 02/12/2024 - 11:29 AM

2024 ELECTIONS BRIAN ARMSTRONG CAMERON &AMP; TYLER WINKELVOSS COINBASE DONALD TRUMP ELON MUSK FDIC FEDERAL RESERVE GEMINI JESSE POWELL KRAKEN SEC

Crypto execs open up about debanking experiences following Trump's US election win

Following a16z co-founder Marc Andreessen’s recent interview on Joe Rogan’s podcast, several crypto execs opened up about their debanking experiences. The industry expects a more friendly incoming administration under Donald Trump following various pro-crypto campaign pledges, including shutting down “Operation Choke Point 2.0.”

theblock.co • 29/11/2024 - 13:20 PM

2024 ELECTIONS CFTC GARY GENSLER SEC SENATE AGRICULTURE COMMITTEE

Ex-CFTC Chair Chris Giancarlo, in running to become first 'Crypto Czar', says crypto 'considerable priority' for Trump

“Crypto Dad” Chris Giancarlo is a serious contender to become the first-ever U.S. “Crypto Czar,” a new position President-elect Donald Trump is considering implementing. The former CFTC Chairman says the SEC’s inability to create a clear crypto policy has dramatically set back industry development.

theblock.co • 27/11/2024 - 22:50 PM

CFTC DONALD TRUMP GARY GENSLER SEC

Trump team looking to shift crypto regulation to CFTC, dilute SEC's role: report

The CFTC’s altered role could include regulating crypto exchanges and spot markets dealing with digital assets deemed commodities, such as bitcoin and ether, reports Fox Business.

theblock.co • 26/11/2024 - 22:26 PM

2024 ELECTIONS COINBASE GARY GENSLER LAWSUITS SEC

SEC chair Gensler's departure sparks hope for compromises in crypto cases, regulation

Over the past few years, the agency has brought hefty cases against big industry players, including against crypto exchange Coinbase, for not registering lawfully with the agency. The agency could also go for a less aggressive approach and come to some compromises in ongoing cases.

theblock.co • 22/11/2024 - 20:24 PM

2024 ELECTIONS BITCOIN BLACKROCK BNB DONALD TRUMP ETHEREUM GARY GENSLER INVESTMENT FIRMS SEC SOLANA SPOT BITCOIN ETF SPOT ETHEREUM ETF TOKENS XRP

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

Solana surged 11% on Thursday to reach a new all-time high above $263 by the end of the day amid a broader market rally fueled by Donald Trump’s election victory, sparking optimism about a more crypto-friendly U.S. administration. XRP has had one of the strongest crypto rallies over the past 24 hours, surging 32% to around $1.47 — reaching its highest price since May 2021. Ethereum futures open interest jumped 12% to a fresh high of $20.8 billion on Friday, signaling short-term bullish momentum in the derivatives market, according to analysts at CryptoQuant. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 22/11/2024 - 18:46 PM

Greed and Fear Index

Currency