Coinbase Derivatives, the US-based cryptocurrency exchange subsidiary, is attempting to gain regulatory approval by filing documents with the Commodity Futures Trading Commission (CFTC). The assets include Solana (SOL) and Hedera (HBAR), with details of the new futures contracts. The filings imply that the exchange intends to extend the derivatives it
Pump.Fun, the memecoin launchpad and trading platform, is in some serious trouble. The platform received a class action lawsuit for violating U.S. securities laws. Its allegations include Pump.fun offering and selling risky unregistered securities to users. And, it made approximately $500 million from fees. The lawsuit was filed by Diego
Elon Musk’s father, Errol Musk, has backed ‘Musk It,’ a memecoin aiming to raise up to $200 million for a new think tank. However, concerns over transparency and Elon Musk’s lack of involvement cast doubt on the project’s credibility. Errol Musk and business partner Nathan Browne have partnered with a
Bitcoin’s (BTC) market is preparing for a massive options expiry, a significant event will occur on Friday, which means today. This week’s option expiry event is big because of the month’s end. Approximately 80,000 BTC option contracts will expire, valued at $8.36 billion, making it a big deal. However, there
The Securities and Exchange Commission has approved the Bitwise Bitcoin and Ethereum ETF (Exchange Traded Fund) which allows investors to gain exposure to both assets in a single-regulated product. The approval of the fund’s 19b-4 filling for the Assets Management Firm is a first step before it launches, then SEC
Grayscale Investments has filed with the New York Stock Exchange (NYSE) to convert its existing XRP Trust into a spot exchange-traded fund (ETF). The move aims to provide investors with direct exposure to XRP without holding the cryptocurrency. The Trust currently manages $16.1 million in XRP assets. According to the
The Arkansas Senate Committee rejected a bill that is set out to ban crypto mining businesses near military zones in the state. It prohibits all the crypto mining business within a 30 mile radius from these facilities. With 6 votes out of 7 opposing the bill terms, the Senate Committee
Bitfinex Securities is preparing to launch tokenized financial products in El Salvador this year. In particular, this digital securities exchange is planning to launch its successful tokenized financial product Blockstream Mining Note2 (BMN2) in Q1 2025. #DeDinero Este miércoles se desarrolla el @BFXSecurities Day en El Salvador, un evento que
The world’s biggest stablecoin issuer, Tether, has announced that the USDT asset is now connected to Bitcoin both at its fundamental level and through the Lightning Network. The Taproot Assets protocol engages in this by leveraging Bitcoin’s Taproot improvement to be able to improve security and increase functionality. Moreover, the
A week and a half into Trump’s presidency, significant things are occurring in AI and cryptocurrency. These moves demonstrate a strong drive to integrate digital assets into the mainstream financial sector, which might spur the crypto market in the next few years. Trump issued executive orders to foster the development
