Tether’s Embrace by Establishment Sparks Expansion
TL;DR Tether, led by CEO Paolo Ardoino, is diversifying its investments following newfound acceptance by the establishment and the return of a crypto-friendly administration. With...
Tag : united states
Ethereum ETFs Break Records Amid U.S. Trade Tensions
TL;DR U.S. Ethereum ETFs reached a record volume of $1.5 billion following the liquidation of leveraged positions. Ethereum fell 27% to $2,135, triggering $600 million...
NFTs and Meme Coins: David Sacks’ New Classification as Collectibles
TL;DR David Sacks, White House czar for AI and cryptocurrency, classifies NFTs and meme coins as “collectibles,” highlighting their cultural and commemorative value. This classification...
Binance Faces Legal Setback as Supreme Court Rejects Petition for Review
TL;DR The US Supreme Court has declined to hear Binance’s appeal regarding a class-action lawsuit alleging the illegal sale of unregistered tokens, allowing the lawsuit...
Montenegro Greenlights Extradition of Do Kwon to the United States
TL;DR Montenegro’s Minister of Justice has approved the extradition of Do Kwon, co-founder of Terraform Labs, to the U.S., ending a prolonged legal dispute. The...
Crypto.com Launches Crypto Custody Trust Service for US and Canadian Institutions
TL;DR Crypto.com has launched the Crypto.com Custody Trust Company to serve eligible institutions and high-net-worth clients in the US and Canada, expanding its presence in...
Ohio Could Adopt Bitcoin as a Reserve to Strengthen Public Finances
Ohio is considering a landmark shift in its public finances. Derek Merrin, leader of the Republicans in the House of Representatives and a staunch supporter...
Eleven US States Prepare Strategic Bitcoin Reserve Legislation
TL;DR Eleven US states are preparing legislation to establish Bitcoin as a strategic reserve asset, following the trend set by El Salvador. The initiative, led...
Shaq Agrees to $11M Settlement in Astrals NFT Class Action Lawsuit
TL;DR Shaquille O’Neal has agreed to settle an $11 million class action lawsuit over promoting Solana-based Astrals NFTs, covering legal fees and compensating investors. The...
Bitcoin Surpasses $90,000, But Faces a Temporary Correction Due to Dollar Strength
TL;DR Bitcoin surpassed $90,000 but faces a temporary correction due to the strength of the U.S. dollar, which could slow its rise. The strengthening of...