House of Representatives pass clarity-seeking FIT21 bill with bipartisan support May 24, 2024 On Wednesday, the US House of Representatives voted on the Financial Innovation and Technology for the 21st Century Act (FIT21) bill. The bill passed 279 to 136, with support from both Republicans and Democrats. This week has been one of the most progressive ever for US crypto policy.
FCA approves London Stock Exchange launch of Bitcoin and Ethereum ETPs May 23, 2024 As approval of a US spot Ethereum ETF edges closer, the UK’s Financial Conduct Authority has also given the go-ahead for WisdomTree Funds to launch their own Bitcoin and Ethereum physically-backed Exchange Traded Product (ETP) on the London Stock Exchange.
Ethereum spot ETF approval odds increase as crypto voters influence US election May 22, 2024 Before Monday, the hopes of Ethereum’s US spot Exchange Traded Fund (ETF) approval seemed slim. Bloomberg ETF Analysts, such as Eric Balchunas and James Seyffart, had put the probability of approval at around 25%.
Pump.fun’s $1.9 million attacker claims exploit was about sending a message May 21, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. So far this cycle, meme tokens have played an outsized role compared to previous cycles. They have not only provided some of the best returns, but have [...]
“Lied extensively and repeatedly”: Craig Wright slammed for High Court evidence in bitcoin trial May 20, 2024 Craig Wright is not the inventor of Bitcoin, a judge ruled in a case brought by a host of crypto companies
Raising the Stakes – The UK’s Incoming Rules for DeFi & Staking May 20, 2024 Over recent months Economic Secretary to the Treasury Bim Afolami has continued to champion the UK’s commitment to building staking regulation. But what is staking and why has it come to the forefront now?
Crypto’s fight for legitimacy reaches US president May 20, 2024 A bill to strike down the Securities and Exchange Commission's staff accounting bulletin "SAB 121" has become the first-ever crypto bill to reach the US President.
The story behind Bitcoin Pizza Day: celebrating a milestone in cryptocurrency history May 20, 2024 Bitcoin, the world's first decentralised cryptocurrency, has made headlines for its dramatic price swings and potential to revolutionise the financial world. However, not many are familiar with one of its most celebrated days: Bitcoin Pizza Day.
Futures exchange behemoth, CME Group, rumoured to be starting their own spot Bitcoin exchange May 17, 2024 When crypto natives think of spot exchanges, Binance, Coinbase and Uniswap are the main ones that come to mind. However, they may now have a major competitor entering the market. This player is a Wall Street-native, and also happens to be the largest futures exchange in the world.
Wisconsin’s Investment Board becomes first state pension fund to invest in Bitcoin spot ETFs May 16, 2024 During previous cycles, the anticipation of institutional involvement in crypto was a driving force for demand. “The institutions are coming" was a common claim on Crypto Twitter, often repeated after rumours of a large financial firm entering the market echoed through Telegram chats and Discord servers.