MEI Pharma (NASDAQ: MEIP) has invested $100 million in Litecoin as its primary treasury reserve asset, marking the first such allocation by a U.S.-listed company. The unprecedented move positions Litecoin alongside traditional treasury holdings while signaling growing institutional diversification beyond… Read More »MEI Pharma Allocates $100 Million to Litecoin in Institutional Treasury First
China’s Ministry of State Security (MSS) has issued a stark warning regarding biometric data collection initiatives associated with cryptocurrency projects, identifying them as a major threat to personal privacy and national security. The agency specifically highlighted an unnamed overseas digital… Read More »China Security Agency Warns of Crypto Biometric Data Risks, Cites Overseas Projects
Exchange-linked cryptocurrencies BNB and LEO are showcasing significant resilience in the market, exhibiting minimal drawdowns from their all-time highs compared to competing exchange tokens. BNB currently trades approximately 6% below its peak value of $861, demonstrating strong performance despite broader… Read More »BNB and LEO Exchange Tokens Display Market Dominance Amid Industry Volatility
The Securities and Exchange Commission of the Philippines (SEC) has issued a public advisory cautioning against the use of unregistered cryptocurrency platforms such as OKX, Bybit, and Kraken. The regulatory body cited significant risks to investors and emphasized mandatory compliance… Read More »Philippine SEC Warns Against Unregistered Crypto Platforms Including OKX and Bybit
New guidance from the U.S. Securities and Exchange Commission (SEC) regarding liquid staking protocols has ignited a debate among commissioners and industry observers. The agency’s stance has drawn internal criticism and external comparison to the 2008 financial crisis, while finding… Read More »SEC Liquid Staking Guidance Sparks Commissioner Debate as Market Caps $67 Billion
The Michigan state pension fund has significantly increased its position in Bitcoin, acquiring an additional 300,000 shares of the ARK 21Shares Bitcoin ETF, valued at approximately $11.4 million. This acquisition triples the fund’s stake in the spot Bitcoin exchange-traded fund… Read More »Michigan Pension Fund Triples Bitcoin Exposure Amid Institutional Shifts
Changpeng Zhao has formally requested the dismissal of a $1.8 billion lawsuit filed by cryptocurrency exchange FTX, asserting that the allegations are unfounded and improperly targeted. In his dismissal motion, Zhao contends that FTX was already operating as a fraudulent… Read More »Changpeng Zhao Seeks Dismissal of FTX’s $1.8 Billion Lawsuit, Calls Claims Baseless
Indonesia is formally considering the inclusion of Bitcoin as a reserve asset, marking a potential shift toward diversifying national holdings and embracing digital currency innovation. The evaluation signals a step toward broader acceptance of cryptocurrencies within Indonesia’s financial system. Government… Read More »Indonesia Evaluates Bitcoin for National Reserves Amid Market Volatility
The cryptocurrency market faces heightened uncertainty as Bitcoin struggles to overcome significant resistance near $115,700, leading to potential downside risks. Currently trading around $113,444, Bitcoin’s failure to breach this technical barrier threatens to trigger a broader market retreat. Altcoins collectively… Read More »Cryptocurrency Market Nears Crucial Inflection Point as Bitcoin Tests Key Resistance
Multiple publicly traded companies are strategically increasing their Solana (SOL) investments to capture staking rewards, showcasing a growing institutional trend in blockchain yield generation. Leading corporations including Bit Mining, Upexi, and DeFi Development Corp. are directing substantial capital toward SOL… Read More »Public Companies Amplify Solana Holdings to Pursue Staking Yields
Hyperliquid, a decentralized derivatives exchange, dominated blockchain revenue generation in July, capturing an unprecedented 35% market share. This surge significantly impacted Solana’s position within the derivatives landscape amid persistent network reliability issues. The exchange witnessed explosive growth in open interest,… Read More »Hyperliquid Captures 35% of Blockchain Revenue in July as Solana’s Market Share Slips
SEC Commissioner Hester Peirce has publicly advocated for increased consideration of privacy-enhancing technologies within the cryptocurrency space, coupled with a critical reassessment of the longstanding Bank Secrecy Act (BSA). Her remarks highlight growing tensions between regulatory imperatives and user privacy… Read More »SEC Commissioner Calls for Bank Secrecy Act Reform Amid Crypto Privacy Debate
The Altcoin Season Index has surged to 51, up sharply from previous levels in the 20s, signaling a potential market shift away from Bitcoin dominance. This critical technical indicator now approaches the threshold for a confirmed altcoin season, typically declared… Read More »Altcoin Season Index Hits 51 as Ethereum, Solana Gain Momentum
Huynh Tran Quang Duy, the founder of peer-to-peer lending platform MyConstant, has been ordered by the U.S. Securities and Exchange Commission (SEC) to pay over $10 million in penalties for misappropriating investor funds and making misleading statements about the platform’s… Read More »SEC Fines MyConstant Founder Over $10 Million for Misusing Investor Funds, Issues Director Ban
Fundstrat Managing Partner Tom Lee has forecasted Bitcoin reaching $250,000 by year-end 2025, with a long-term projection of $1 million per coin. This optimistic outlook contrasts with more conservative predictions from industry peers. Other analysts present tempered expectations, with Bernstein… Read More »Fundstrat’s Tom Lee Predicts Bitcoin Surge to $250,000 Amid Analyst Disagreements
Indonesia is evaluating Bitcoin as a strategic national reserve asset, leveraging its strong fiscal position to mitigate adoption risks. The initiative highlights Bitcoin mining as a catalyst for job creation and economic development within its growing digital asset framework. With… Read More »Indonesia Explores Bitcoin for National Reserves Amid Stable Economic Backdrop
Blockstream CEO and early Bitcoin pioneer Adam Back has projected that Bitcoin’s market capitalization could surge to $200 trillion. This monumental valuation would position the cryptocurrency as a peer to gold and real estate, challenging their historical status as the… Read More »Bitcoin Poised to Challenge Gold as Primary Store of Value with $200 Trillion Potential, Says Adam Back
Changpeng Zhao (CZ), former CEO of Binance, has formally requested the dismissal of a multibillion-dollar lawsuit filed by FTX’s bankruptcy estate. CZ argues the U.S. court lacks jurisdiction to adjudicate FTX’s claims concerning billions in allegedly improper offshore transactions between… Read More »CZ Seeks Dismissal of FTX’s $1.76 Billion Clawback Suit, Citing Lack of U.S. Jurisdiction
The SPK token of Spark Protocol has surged by 280% over the past month, propelled by heightened staking activity and public backing from Coinbase CEO Brian Armstrong. This dramatic price appreciation underscores growing investor confidence in the platform. Concurrent with… Read More »Spark Protocol Token Soars 280% Monthly Amid Staking Boom and Armstrong Endorsement
Chirag Tomar has been sentenced to five years in prison for orchestrating a sophisticated cryptocurrency fraud scheme that deceived investors globally. Tomar operated fraudulent websites designed to mimic the legitimate Coinbase platform, successfully scamming victims out of an estimated $20… Read More »Fraudster Sentenced to Five Years for $20 Million Fake Coinbase Scam