Skip to content
US Commerce Secretary: Bitcoin as Commodity & Regulatory Clarity

US Commerce Secretary: Bitcoin as Commodity & Regulatory Clarity

  • News

US Commerce Secretary Howard Lutnick stated the US is welcoming Bitcoin businesses. In an interview, Lutnick advocated for clear regulations, energy independence for Bitcoin miners, and official acceptance of Bitcoin. This represents a potential shift in the Biden administration’s approach to cryptocurrencies, emphasizing their classification as a commodity, similar to gold, and suggesting a more favorable environment for the industry.

US Government Targets August 2025 for Crypto Legislation Approval

US Government Targets August 2025 for Crypto Legislation Approval

  • News

The US government, under the current administration, is aiming to finalize legislation concerning stablecoins and the overall crypto market structure by August 2025. Bo Hines, executive director of the President’s Council of Advisors on Digital Assets, revealed a three-phase policy roadmap and discussed strategic initiatives in a recent interview. The goal is to provide regulatory clarity and framework for digital assets.

Base L2 Network Achieves Stage 1 Decentralization Milestone

Base L2 Network Achieves Stage 1 Decentralization Milestone

  • News

The Base layer-2 blockchain has achieved Stage 1 decentralization, becoming the tenth L2 network to do so. This milestone was reached through the implementation of fault proofs and a decentralized Security Council. Fault proofs enable anyone to propose or challenge claims about the network’s state, supported by open-source software and financial incentives for dispute resolution.

USD1 Stablecoin Backed by Prominent Figures Surpasses $1 Billion Market Cap on BNB Chain

USD1 Stablecoin Backed by Prominent Figures Surpasses $1 Billion Market Cap on BNB Chain

  • News

The USD1 stablecoin, backed by World Liberty Financial and associated with a well-known family, has exceeded a $1 billion market capitalization on the BNB Chain. This achievement follows a surge in minting activity, making USD1 one of the fastest-growing decentralized stablecoins. This milestone highlights the growing adoption and influence of stablecoins within the cryptocurrency landscape.

Crypto Trader Transforms $135 into $1.2M, Seeking Next Big Gains

Crypto Trader Transforms $135 into $1.2M, Seeking Next Big Gains

  • News

A cryptocurrency trader capitalized on recent market gains, turning a $135 investment into $1.2 million within 15 days through a significant return on Terminus (TMNS). Driven by this success, the trader is now seeking to replicate the profits by focusing on the cryptocurrencies MOODENG and RCO Finance, hoping to find the next high-yield investment opportunity in the volatile crypto market.

Nasdaq Seeks to List Dogecoin ETF, Boosting Crypto's Mainstream Presence

Nasdaq Seeks to List Dogecoin ETF, Boosting Crypto’s Mainstream Presence

  • News

Nasdaq has filed a form with the SEC to list a 21Shares Spot Dogecoin ETF. This move indicates a growing acceptance of cryptocurrencies within traditional financial markets. The proposed ETF would allow investors to gain exposure to Dogecoin’s price fluctuations passively, without the need for speculative trading methods. This development suggests a potential shift towards wider adoption and integration of digital assets.

USDC Stablecoin Issuer Circle Gains Regulatory Approval in Abu Dhabi

USDC Stablecoin Issuer Circle Gains Regulatory Approval in Abu Dhabi

  • News

Circle, the company behind the USDC stablecoin, has received initial approval from Abu Dhabi’s Financial Services Regulatory Authority (FSRA). This milestone brings Circle closer to obtaining a full Financial Services Permission (FSP) and expanding its operations within the Abu Dhabi Global Market (ADGM). This move signifies growing adoption and regulatory acceptance of stablecoins in the region.

BlackRock's Bitcoin ETF Sees Massive Inflow, Now Holds Over 3% of Bitcoin Supply

BlackRock’s Bitcoin ETF Sees Massive Inflow, Now Holds Over 3% of Bitcoin Supply

  • News

BlackRock’s iShares Bitcoin Trust (IBIT) experienced a substantial $970 million inflow on April 28th, its second-largest single-day intake since its January 2024 launch. This surge brought IBIT’s assets under management to over $56 billion, giving it control of more than 3% of the total Bitcoin supply. The article highlights the significant growth and market impact of this Bitcoin ETF.

Memecoin Wallet Linked to TRUMP Project Transfers $20M to Exchanges

Memecoin Wallet Linked to TRUMP Project Transfers $20M to Exchanges

  • News

A wallet associated with the official Donald Trump memecoin project has moved approximately $20 million worth of TRUMP tokens to major cryptocurrency exchanges. On-chain analysis indicates that the wallet transferred 1.346 million TRUMP tokens, potentially impacting the token’s price as it happened amid a trading frenzy. This action has drawn attention to the project’s token holdings and their market activity.