CFTC Readies Backup Crypto Rules as CLARITY Act Stalls
Key Highlights CFTC said it could use its existing authority to create a new market structure for crypto assets if Congress fails to pass the CLARITY Act. Some registered and…
Ethereum Rally to $2100 Adds $1.1B to Tom Lee-Led BitMine
AI Summary Show On August 16, BitMine held 5.815 million ETH valued at $11.01 billion at $1,893 each. Wednesday, ETH rose from $1,905.44 low to above $2,100, adding roughly $1.13 billion to…
Ripple XRP Price Jump 10% To $1.10: Why is Token Up Today?
Key Highlights XRP jumped 10% over the past 24 hours to $1.10, after trading as low as $0.9956. XRP futures volume climbed to $2.92 billion, while open interest stood at…
Grayscale Says New SEC Rules Could Spark a U.S. Token Boom
Key Highlights Grayscale said the SEC’s proposed Regulation Crypto Assets could make it easier for crypto projects to raise money through tokens in the U.S. The proposal includes two fundraising…
CFTC Innovation Meeting Draws Focus After White House Crypto Talks
Key Highlights The CFTC will hold its inaugural Innovation Advisory Committee meeting on Thursday, covering crypto regulation, AI, and prediction markets. The meeting follows a White House gathering between President…
NAKA, ABTC Lead Crypto Stocks Higher as Bitcoin Reclaims $68K
Key Highlights NAKA climbed 14%, while ABTC jumped over 16% and BMNR gained 9.55%. Bitcoin returned above $68,000, helping the wider crypto market gain 5.13% to $2.32 trillion. MSTR gained…
Ava Labs Names Charley Cooper President as John Wu Moves to Senior Advisor
Key Highlights Charley Cooper has been appointed president of Ava Labs. John Wu will transition from president to senior advisor. Lydia Chiu has been appointed chief financial officer after serving…
a16z Backs SEC Proposal to Rescind Rule 611 for Onchain Markets
Key Highlights a16z crypto submitted a letter supporting the SEC’s proposal to rescind Rule 611 of Regulation NMS. Miles Jennings said the proposal could help move securities markets onchain. a16z…
CASHCAT Drops 11% as Traders Watch for a Rebound
Key Highlights CASHCAT has dropped 11% in 24 hours and over 20% in seven days. Trading volume jumped 147.3% to $26.48 million as selling increased. CASHCAT is testing support while…
Binance-Backed SafePal Data Leak Sparks Phishing Fears for 40K Buyers
Crypto hardware wallet provider SafePal has disclosed a security breach that exposed the personal information of nearly 40,000 customers, marking the latest in a wave of data leaks striking the…