🇺🇸🏦 The cryptocurrency industry lobbying organization Coin Center has sent a letter to the U.S. Senate Banking Committee. The letter urges the committee to advance legislation that would prevent the prosecution of cryptocurrency developers with good intentions. link
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🏦 Bridge, which focuses on infrastructure for stablecoins and is owned by Stripe, announced that it has received conditional approval from the OCC to establish a national trust bank. #stablecoin link
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🏦 Bridge, which focuses on infrastructure for stablecoins and is owned by Stripe, announced that it has received conditional approval from the OCC to establish a national trust bank. #stablecoin link
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🕵️ Arthur Hayes transferred 1,000 #ETH ($1.99 million) to Bybit. link
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💰 Dragonfly Capital has closed its fourth fund at $650 million, marking it as one of the largest venture capital raises in the cryptocurrency industry recently. This achievement comes despite the prolonged downturn in the sector. link
📊🤔 #ETH CryptoRank: Ethereum accumulation by long-term holders has increased during the current price decline. Moreover, for the first time, more than 50% of the total ETH supply is now staked.
These two factors, combined with active technical development, continued growth of the DeFi sector, and rising institutional adoption of the Ethereum blockchain, create strong preconditions for ETH appreciation once broader market conditions improve.
These two factors, combined with active technical development, continued growth of the DeFi sector, and rising institutional adoption of the Ethereum blockchain, create strong preconditions for ETH appreciation once broader market conditions improve.
🇺🇸👀 #SUI #ETF Grayscale Sui Staking ETF (ticker: GSUI) will begin trading tomorrow on NYSE Arca.
GSUI offers exposure to SUI, the native token of the Sui network, including potential staking rewards.
It is an exchange-traded product not registered under the amended 1940 Investment Company Act and does not have the same regulatory protections as 40 Act-registered ETFs or mutual funds. #regulation link
GSUI offers exposure to SUI, the native token of the Sui network, including potential staking rewards.
It is an exchange-traded product not registered under the amended 1940 Investment Company Act and does not have the same regulatory protections as 40 Act-registered ETFs or mutual funds. #regulation link
🙅 #NIL Nillion: nilChain will cease operations on March 23rd. Users who still hold NIL tokens on Cosmos should transfer them to Ethereum. link
💰 Sports-focused prediction market Novig announced the completion of a $75 million Series B round, led by Pantera Capital, valuing the company at $500 million. Co-founder Jacob Fortinsky stated that Novig uses a peer-to-peer model, where users do not bet against a house, offering theoretically higher odds. The platform charges no fees for retail traders and collects fees from institutions. link
🏦 The Deputy Chairman of the National Bank of Belarus announced that self-employed individuals in Belarus will be able to legally receive payment for their services in cryptocurrency through crypto banks.
With cards issued by these banks, citizens will be able to make purchases in stores using cryptocurrency, as the banks will handle the conversion operations into fiat currency during the payment process. link
With cards issued by these banks, citizens will be able to make purchases in stores using cryptocurrency, as the banks will handle the conversion operations into fiat currency during the payment process. link
🇺🇸🧑💻 #HYPE Hyperliquid has established the "Hyperliquid Policy Center" to develop a legal framework for the widespread adoption of DeFi in the United States.
🇺🇸👀 #macro USA - Durable Goods Orders (Dec) = -1.4% m/m (exp -1.8% / prior +5.3%)