The post SEC Suspends Grayscale’s Digital Large Cap Fund Spot ETF Conversion, Impacting Bitcoin and Major Altcoins appeared on BitcoinEthereumNews.com. On July 3rd, the U.S. Securities and Exchange Commission (SEC) announced a suspension of Grayscale’s Digital Large Cap Fund’s initiative to transition into an exchange-traded fund (ETF). This regulatory decision places the fund under extended […]

The post SEC Backs Tokenization as Path to Efficient Markets With Clearer Crypto Rules appeared on BitcoinEthereumNews.com. The U.S. SEC is embracing a bold new regulatory era for crypto, prioritizing innovation, tokenization, and market efficiency while vowing to end uncertainty and outdated enforcement tactics. SEC Targets Clarity and Innovation in Overhaul of Digital Asset Regulation […]

The post Tickets For The 50th Annual Prefontaine Classic Are Nearing $1,000 appeared on BitcoinEthereumNews.com. Athletes compete in the men’s 10,000m final during the World Athletics Championships at Hayward … More Field in Eugene, Oregon on July 17, 2022. (Photo by Jewel SAMAD / AFP) (Photo by JEWEL SAMAD/AFP via Getty Images) AFP via Getty […]

The post Solana Underperforms Ethereum as SOL ETF Commences Trading appeared on BitcoinEthereumNews.com. The REX Shares ETF went live today and garnered $8 million in volume within the first 20 minutes, but SOL is lagging behind other major cryptocurrencies. Less than a week after Bloomberg ETF analyst Eric Balchunas reported that a Solana Staking ETF […]

The post The Diddy Verdict: Slippery When Wet appeared on BitcoinEthereumNews.com. Troy Miller here, filing from the steps of the Daniel Patrick Moynihan courthouse, where the aroma of café lattes is now fighting a slick new fragrance: Costco-sized tubs of baby oil. Yes, you read that right. Moments after the verdict in U.S. v. Sean […]

The post Federal Reserve Poised for Potential Rate Cut Sooner Than Expected appeared on BitcoinEthereumNews.com. Key Points: Mnuchin hints at Fed rate cuts; market anticipates September or sooner. Crypto assets may benefit from increased liquidity. Speculation affects macroeconomic outlook and asset risk. On Tuesday night, U.S. Treasury Secretary Steven Mnuchin suggested the Federal Reserve might […]

The post Aptos Labs and Yellow Card Launch Instant, Gas-Free Stablecoin Transfers Across Africa appeared on BitcoinEthereumNews.com. TLDR: Users in 20 African countries can now send USDT and USDC with zero gas fees on Yellow Card. Aptos’ blockchain enables sub-second finality and over 11,000 TPS for stablecoin transfers. Integration supports Africa’s demand for mobile-first, real-time […]

The post OpenAI has agreed to rent approximately 4.5 gigawatts of data center power from Oracle appeared on BitcoinEthereumNews.com. OpenAI has just expanded its Stargate initiative with its agreement to rent an additional 4.5 gigawatts of data center power from Oracle Corp. in the United States. The scale and timing of the deal are just […]

The post Thesis bets big on Bitcoin’s everyday economy with Lolli acquisition appeared on BitcoinEthereumNews.com. Thesis, the venture studio behind Bitcoin-native powerhouses like Fold and Mezo, just made a strategic play to dominate the rewards space. The company acquired Lolli in a bid to merge earning and spending Bitcoin into one seamless loop. According to […]

The post Bitcoin Realized Profits Are Still Lower Than 2024 Peaks appeared on BitcoinEthereumNews.com. Key points: Bitcoin realized profits for long-term holders remain comparatively lower than during 2024. Research calculates that to match those levels, BTC/USD needs to reach $140,000. Price action is attempting to break out of a multiweek downtrend as consolidation continues. Bitcoin […]