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SEC delays decision on Grayscale’s proposed spot ether ETF into the new year

The SEC said on Tuesday that it was extending its timeline for a decision on the proposed fund by 45 days to Jan. 25.

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Author: Sarah Wynn

Bitcoin Ordinals token ORDI jumps 35% over past 24 hours

The price of the ORDI token continues its dramatic run, with the asset increasing in value by more than 700% in a month.

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Author: RT Watson

Crypto-friendly Rep. Patrick McHenry won’t be seeking re-election

Rep. Patrick McHenry, who has been a staunch advocate for the crypto industry, will be retiring at the end of his term in January 2025.

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Author: Sarah Wynn

New Binance CEO Evasive in First Marquee Interview Since Getting One of the Biggest Jobs in Crypto

In his first public interview since getting the job last month after founder Changpeng “CZ” Zhao was formed to step down amid a $4.3 billion legal settlement with the U.S. government, Teng said Binance’s compliance systems were inadequate in the past and that mistakes were made. But Teng, who has held senior positions at Binance for several years, refused to give answers about the company’s governance.

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Author: Helene Braun

Elon Musk-Backed X.AI Files With SEC to Raise Up to $1B in Equity Offering

The filing lists the Tesla-billionaire-turned-social-media tycoon as a key backer.

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Author: Bradley Keoun

Rep. Maxine Waters calls for informational sessions for US lawmakers on crypto-related issues

Rep. Maxine Waters, often a critic of crypto, said she wants to organize a group of lawmakers to take a deeper dive into crypto firms.

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Author: Sarah Wynn

Bitcoin Blasts to $44K on Coinbase, and Could Run Towards $48K Resistance: LMAX Analyst

The move prompted $73 million in liquidations, during the day predominantly leveraged short positions betting on lower prices.

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Author: Krisztian Sandor

IBM Introduces New Cold Storage Tech for Crypto Assets

The new Offline Signing Orchestrator tech is being used by IBM’s long standing partner in the crypto space, Ripple-owned custody firm Metaco.

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Author: Ian Allison

Nubank partners with Talos to trim crypto trading costs in Brazil

Hoping to make it cheaper to trade crypto in Brazil, Nubank will implement Talos’s “Smart Order Routing engine.”

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Author: RT Watson

Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too

The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.

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Author: Stephen Alpher


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