Bitcoin rebounded Monday morning, rising from around $105,600 to $107,800 as investor attention turned to high-stakes US-China trade negotiations beginning in London. The cryptocurrency had recently surged to a record high near $112,000 before retreating to $101,000 amid a flurry of negative headlines, including stalled trade talks, renewed ETF outflows, and former President Trump’s threat […]
Bitcoin (BTC) miners enjoyed their most profitable month since the 2024 halving, with revenues surging in May as the cryptocurrency’s price reached new all-time highs above $111,000. According to data from The Block, Bitcoin miners generated $1.52 billion in revenue during May—a 29% increase from April’s $1.18 billion. Of that total, $20 million came from […]
The Ethereum Foundation (EF) is streamlining its core development operations to improve Layer 1 performance, blob scalability, and user experience. On Monday, the EF announced that its Protocol Research and Development Team will now simply be called “Protocol”, as part of a broader organizational reshuffle that includes the departure of some team members. Realigning for […]
Ripple has formally argued to the U.S. Securities and Exchange Commission (SEC) that fungible cryptocurrencies, when traded in secondary markets, should not be considered securities. In a letter dated May 27, Ripple—the blockchain firm behind XRP—cited legal scholar Lewis Cohen’s influential 2022 paper “The Inescapable Modality of Securities Law,” which asserts there is no legal […]
On Sunday, May 25, U.S. President Donald Trump announced a delay in his proposed 50% tariffs on European Union imports, extending the deadline to July 9, 2025. The decision, shared via Trump’s Truth Social account, followed a call with European Commission President Ursula von der Leyen, who emphasized the importance of maintaining strong trade ties […]
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 […]
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 […]
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 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 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 […]
