Crypto News

The news comes as Malaysia contends with hundreds of millions of dollars in losses due to electricity theft from illegal Bitcoin mining.Source link

Bitcoin hovered between $95,977 to $96,169 over the last hour with a market capitalization of $1.90 trillion and a 24-hour trading volume of $29.88 billion. Trading occurred within a tight intraday range between $93,333 and $96,244, as the market showed signs of both upward momentum and cautious consolidation. Bitcoin The daily chart indicates a strongSource link

Morgan Stanley (MS) is planning to bring cryptocurrency trading to its E*Trade platform, marking the most serious move yet by a major U.S. bank to offer retail users direct access to cryptocurrencies.The initiative, still in early stages, could debut next year. The bank, Bloomberg reports, is weighing partnerships with crypto-native firms to help build out the infrastructure for spot trading.The effort would mark a notable expansion of the firm’s crypto offerings, which currently include exchange-traded funds (ETFs), options, and futures contracts tailored to its wealthier clients. Internal discussions reportedly picked up after Donald Trump’s return to the White House last year sparked regulatory rollbacks across the crypto space.Depending on how Morgan Stanley brings crypto trading to E*Trade, the move could...

Project Open was presented to the SEC as a pilot program to test the issuance of equity securities on public blockchains. By leveraging the zero settlement times and transparency of these blockchains, Project Open aims to lower the costs of issuance and trading simultaneously. Project Open Presented by Solana Policy Institute, Superstate, and Orca TheSource link

Swiss asset manager 21Shares has filed a S-1 registration form for a SUI exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC).SUI is currently trading at $3.67, rising by 4% after the filing went live on the SEC's website.“Since our earliest research into Sui, we believed it could become one of the most exciting blockchains in the industry, and we’re seeing that thesis play out,” said Duncan Moir, President of 21Shares, speaking at Sui’s annual Basecamp conference.SUI is a layer-1 blockchain developed by former Meta engineers, the network's native token has a market cap of $11.8 billion leaving it just outside the top 10 largest cryptocurrencies.21Shares' filing comes six weeks after Canary Capital filed paperwork to launch a SUI...