Temasek is ‘not comfortable’ investing in crypto firms: here’s why
Temasek is reluctant investing in crypto firms due to regulatory uncertainty. Its CIO Rohit Sipahimalani discussed the crypto market with CNBC today. Temasek also recorded...
US Senate Finance Committee asks digital asset community how to tax it in open letter
United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July...
Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Grayscale Investments has reached an agreement with New York-based investment firm Fir Tree Capital Management over its Bitcoin Trust.According to a July 11 announcement from...
Cardano network activity and ADA’s oversold price action hint at a powerful breakout
Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit...
UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
The treasury department of the United Kingdom has proposed excluding unbacked cryptoassets and derivatives from its plans for a Digital Securities Sandbox.In a consultation paper...
Bitcoin ETF hopium fades as on-chain and futures data reflect traders’ muted activity
The price of Bitcoin has been trading between $29,900 and $31,160 for the past 18 days, causing concern among investors who are looking for explanations for...
BlackRock Bitcoin ETF could unlock $30 trillion worth of wealth, Bloomberg analyst says
$30 trillion worth of capital could suddenly unlock for the Bitcoin market if a Bitcoin spot ETF is approved by the U.S. Securities and Exchange...
US authorities are investigating former FTX exec for potential campaign finance violations: Report
Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United...
Bitcoin exchanges now hold the same BTC supply share as in late 2017
Bitcoin (BTC) held on exchanges is down to where it was at the 2017 BTC price all-time high, data confirms.Tracked by on-chain analytics firm Glassnode,...
Microsoft, Axelar partner to advance blockchain adoption
Tech giant Microsoft and cross-chain protocol Axelar have partnered to advance blockchain technologies. Axelar has joined Microsoft’s Azure marketplace. The partners will leverage the Azure...