Quick Breakdown S&P Global assigns a “B-” rating to Michael Saylor’s Strategy, citing liquidity and Bitcoin exposure risks. First-ever S&P rating for a Bitcoin-treasury-focused firm, setting a TradFi benchmark. Despite the “junk bond” tag, MSTR shares rose following the...
Quick Breakdown Ro Khanna plans to introduce a bill banning lawmakers from owning or creating cryptocurrencies. The move follows Trump’s pardon of Binance founder Changpeng Zhao, which Khanna labeled “corrupt.” Trump’s crypto ventures, valued at over $1 billion, continue...
Quick Breakdown Grayscale Zcash Trust (ZCSH) gives investors exposure to Zcash (ZEC) without direct custody. Market price rises to $28.48 as privacy-focused assets gain traction. Trust holds $136 million in assets under management with a 2.5% expense ratio. Grayscale...
Quick Breakdown Streamex selects Chainlink as its official oracle and transparency provider. Integration enables on-chain gold verification and cross-chain transfers. The partnership enhances Streamex’s institutional-grade RWA infrastructure. Streamex Corp. (NASDAQ: STEX), a regulated commodity tokenization company, has entered a...
Quick Breakdown Bitwise launches $BSOL, the first U.S. ETF offering 100% exposure to Solana (SOL). Targets full asset staking to capture Solana’s 7%+ average annual reward. Investors gain direct access to Solana’s onchain growth with zero fees for three...
Quick Breakdown Kalshi has filed a federal lawsuit against New York regulators over claims its sports contracts are unlicensed gambling. The firm argues that the CFTC holds exclusive authority under the Commodity Exchange Act, making state enforcement unconstitutional. Despite...
Quick Breakdown dYdX governance will vote on a $462K compensation plan for traders affected by its October chain halt. The outage was caused by code misordering and oracle delays, leading to liquidation losses. Binance unveiled a $728M trader relief...
Quick Breakdown Tillis warns Congress must pass crypto laws by early 2025 before election politics slow progress. Government shutdown and House delays have stalled bills like the CLARITY Act. CFTC leadership change looms as Michael Selig awaits Senate confirmation....
Quick Breakdown Crypto transfers between South Korea and Cambodia soared 1,400-fold in 2024 to ₩12.8 billion ($8.9 million), raising money laundering concerns. Major Korean exchanges Upbit and Bithumb cut ties with Huione Guarantee, a sanctioned Cambodian platform linked to...
Quick Breakdown HTX Research reports perpetual DEX markets hit a record $1.8 trillion in volume. SunPerp dominates as the top-performing protocol in the sector. Surge signals growing investor confidence in decentralized derivatives trading. HTX Research has released its latest...
