The U.S. Securities and Exchange Commission (SEC) has extended the deadline for deciding on several proposed exchange-traded funds (ETFs) tied to Solana and other cryptocurrencies, according to regulatory filings released Monday. The proposals under review come from 21Shares, Bitwise, VanEck, and Canary Capital. Additional Review Time Cited by the SEC In its statement, the SEC […]
Texas Bitcoin Reserve Bill Nears Critical Vote Ahead of June Deadline
Senate Bill 21 (SB 21), which would authorize the creation of a state-managed Bitcoin reserve in Texas, is approaching a crucial vote in the Texas House of Representatives. With a June 2 deadline looming, the bill must pass quickly or risk expiration and reintroduction in a future legislative session. According to an update on the […]
SEC Delays Solana, Litecoin ETFs; Reviews Dogecoin and BlackRock Proposals
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on Grayscale’s proposed Solana and Litecoin exchange-traded funds (ETFs), while opening public comment periods for two high-profile applications: BlackRock’s Bitcoin ETF redemption model and 21Shares’ Dogecoin ETF. Grayscale Solana and Litecoin ETFs Face Delays The SEC extended its review of the Grayscale Solana Trust, […]
Arizona Governor Vetoes Two Crypto Bills, Greenlights Bitcoin ATM Regulation
Arizona Governor Katie Hobbs on Monday vetoed two cryptocurrency-related bills—SB1373 and SB1024—while signing into law a separate measure regulating Bitcoin ATMs across the state. Vetoed: Crypto Reserve Fund and Payments Bill Arizona Governor Katie Hobbs on Monday vetoed two cryptocurrency-related bills—SB1373 and SB1024—while signing into law a separate measure that regulates Bitcoin ATMs throughout the […]
Cardano Unveils Leios: A Groundbreaking Upgrade That Could Outpace Solana and Ethereum
Cardano has introduced Leios, a transformative protocol upgrade that marks the culmination of eight years of research and aims to dramatically enhance network speed and stability. This next-generation architecture features a sophisticated multi-tier block structure—comprising input, sorting, and backup blocks—that could position Cardano as a leader in blockchain performance. Initial simulations suggest Leios may be […]
Ethereum Launches Pectra, Its Most Ambitious Update Yet
Ethereum has activated Pectra, its most comprehensive and ambitious update to date, via a hard fork that successfully executed at 6:05 a.m. ET and finalized 13 minutes later. This new version introduces 11 Ethereum Improvement Proposals (EIPs), making it the most significant update since The Merge in 2020. What Does Pectra Bring? Pectra seeks to […]
Ripple Pledges $25 Million to Strengthen U.S. Classrooms and Empower Educators
Ripple has announced a $25 million commitment to support teachers and classrooms across the United States, aiming to close persistent gaps in educational resources. The initiative, unveiled on Monday, will deliver funding through Ripple USD (RLUSD), the company’s U.S. dollar-pegged stablecoin. The effort is part of Ripple’s broader mission to promote financial and educational equity […]
Arizona Advances Groundbreaking Legislation to Invest Public Funds in Bitcoin and Digital Assets
In a landmark move for cryptocurrency adoption in the United States, Arizona lawmakers have passed two bills that would allow the state to directly invest public funds in Bitcoin and other digital assets. The legislation positions Arizona at the forefront of integrating blockchain technology into state-level financial strategy. Arizona Passes Bills to Establish a Bitcoin […]
Bitcoin Marks One Year Since Its Last Halving With the Worst Post-Event Performance in History
Bitcoin has risen just 50% since its last halving in April 2024, marking the worst performance on record following a halving. In this analysis, we review how Bitcoin has evolved in previous cycles and what its current situation is. This month marks an important milestone for Bitcoin: exactly one year since its most recent halving. […]
Ethereum Gains Momentum: The Pectra Update and Increased Adoption Reinforce Its Bullish Outlook
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is undergoing a key phase of technical transformation and fundamental strengthening. The imminent arrival of the Pectra update, coupled with sustained growth in adoption and renewed interest from large investors, underpins a positive outlook for the Ethereum ecosystem. Pectra: A Key Technical Update Scheduled for final implementation […]