Former US Securities and Exchange Commission (SEC) chief of staff Amanda Fischer drew crypto community ire after comparing liquid staking to factors that exacerbated the 2008 global financial crisis. In a Tuesday staff statement, the SEC stated that it does not consider certain liquid staking activities to be security offerings and, as such, they do…
Read more
Fundstrat co-founder and BitMine chairman Tom Lee said Bitcoin may still be able to reach $250,000 in 2025, despite other crypto analysts cautiously pulling back targets. “I think Bitcoin should really build upon this 120 before the end of the year. 200,000, maybe, 250,” Lee told Natalie Brunell on the Coin Stories podcast on Tuesday. …
Read more
The Indonesian government has been exploring Bitcoin as a reserve asset, according to Bitcoin Indonesia, which recently met with officials to discuss how the strategy can drive economic growth in the country. “We were invited to the Vice President’s office to present how Bitcoin could benefit the country,” Bitcoin Indonesia said in an X post…
Read more
Crypto derivatives trading volumes on the Binance exchange surged to six-month highs in July, signaling increased trading activity and potentially more volatility in the wake of recent market swings. Binance futures trading volumes hit $2.55 trillion in July, the highest level since January, reported CryptoQuant analyst J.A. Maartun on Tuesday. “The jump in volume followed…
Read more
Crypto investors are likely underestimating the extent of the US securities regulator’s new stance on crypto, meaning that crypto prices could still have room to grow, according to the chief investment officer of Bitwise. US Securities and Exchange Commission chair Paul Atkins published a speech he gave on July 31 at the America First Policy…
Read more
The creator of a now-defunct lending platform has agreed to pay over $10.5 million to settle US Securities and Exchange Commission claims that he took investor funds to buy millions worth of the stablecoin TerraUSD before it collapsed. Huynh Tran Quang Duy, also known as Duy Huynh, told customers of his firm, MyConstant, that their…
Read more
Altcoins’ failure to rally after Bitcoin’s recent drop to $112,000 has sparked debate about whether altcoin season is on the near-term horizon. Bitcoin (BTC) briefly fell to $112,044 on Sunday, followed by a volatile few days before reaching $113,839 at the time of publication, according to Nansen. The decline comes just weeks after the cryptocurrency…
Read more
The crypto industry is hailing the US Securities and Exchange Commission’s latest guidance on liquid staking as a rare regulatory win, with stakeholders calling it a major step forward for decentralized finance and institutional adoption of digital assets. Released Tuesday, the SEC staff issued a guidance on liquid staking, writing that under certain conditions, liquid…
Read more
US SEC Commissioner Caroline Crenshaw sharply criticized a staff statement released on Tuesday by the regulator’s Division of Corporation Finance that praised the SEC’s position on liquid staking activities, saying it created more confusion than clarity. “Some things are better left unsaid,” began Crenshaw’s rebuttal, in which she argued that the staff statement “only muddies…
Read more
Key takeaways: Berkshire Hathaway has posted a headline profit of $12.3 billion in the second quarter of 2025, according to its latest filings. A closer look reveals a rougher story, however, especially when it comes to missed hedging opportunities from ignoring Bitcoin (BTC). Bitcoin could’ve softened Berkshire’s $4.60 billion equity loss The Warren Buffett-led conglomerate…
Read more