Decrypt

Republican Lawmakers Urge SEC to Rescind Controversial Crypto Rule, Again

Lawmakers argue SAB 121 could increase consumer risks, weaken financial innovation, and discourage banks from offering custodial services.Source link

Bitcoin Options Market Points to Feedback Loop of Higher Prices, Expert Says

The Bitcoin options market is beginning to see "reflexivity season" kick in as traders focus on prices between $80,000 and $90,000.Source link

Polymarket on the Hunt for $50 Million Amid Potential Token Launch: Report

Investors in the round will be issued token warrants, giving them the right to purchase tokens if Polymarket decides to launch them.Source link

Will Caroline Ellison Go to Prison? What You Need to Know Ahead of Sentencing

The ex-Alameda Research CEO faces time for her role in the collapse of FTX alongside past lover Sam Bankman-Fried. Here's what to expect.Source link

Federal Judges Skewer SEC for Refusing to Answer Straight Questions on Bitcoin, Ethereum

Judges appeared displeased at the SEC's approach to crypto, with one alleging intent to "crush the industry" in a hearing over Coinbase.Source link