Quick Breakdown The SEC extended decision deadlines for the Canary PENGU ETF and T. Rowe Price Active Crypto ETF. A proposal to list options on Grayscale’s Crypto 5 ETF has entered the public comment phase. The filings highlight...
Quick Breakdown Vitalik Buterin says decentralized stablecoins are critical to Ethereum’s financial independence goals Overreliance on the US dollar, weak oracles, and risky staking models remain major hurdles Centralized stablecoins still dominate despite rapid growth in the overall...
Quick Breakdown Jerome Powell says a criminal probe into the Fed is an attempt to pressure interest rate decisions. Trump denies knowledge of the investigation but continues to criticize Powell publicly. With Powell’s term ending soon, Trump allies...
Quick Breakdown Coinbase may withdraw support for the CLARITY Act if stablecoin rewards are restricted Banks warn stablecoin yields could drain trillions from traditional finance Lawmakers face growing pressure from both crypto advocates and banking lobbyists US-based...
Quick Breakdown Stablecoin payment flows could reach $56.6 trillion by 2030, growing nearly 80% annually USDT leads CeFi usage, while USDC dominates DeFi transaction volume Governments and major payment firms are accelerating stablecoin adoption and regulation Stablecoin...
Quick Breakdown VanEck predicts Bitcoin could reach $2.9 million by 2050 if it becomes a global trade settlement asset. The forecast assumes Bitcoin settles up to 10% of international trade, similar to today’s British pound. Central bank adoption...
Quick Breakdown $20B wiped out: October’s crash crushed market makers and broke long-standing delta-neutral strategies. Liquidity at multi-year lows: Market makers pulled out, thinning order books to 2022 levels. Shift in trading venues: Users moved to on-chain perps,...
Quick Breakdown Over 56% of Bitcoin mining now runs on sustainable energy, up from 34% in 2021. Bitcoin miners are helping unlock stalled renewable projects and stabilize power grids. Mining is increasingly used to cut methane emissions and...
Quick Breakdown Regulatory green light: Bitnomial received a CFTC no-action letter allowing it to launch U.S.-based prediction markets Narrow but meaningful relief: The exemption applies only to specific event contracts and limited reporting rules Broader implications: The approval...
Quick Breakdown Donald Trump has ruled out a pardon for Sam Bankman-Fried, ending months of speculation. Unlike other crypto cases Trump pardoned, FTX’s collapse caused widespread investor losses, limiting political sympathy. With clemency off the table, Bankman-Fried’s appeal...
