Crypto News

Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission's crypto task force."While a stock by any other word would still be a stock, the existing market ecosystem can readily absorb digital assets by establishing the proper taxonomy and calibrating certain rules to reflect what is truly new and novel about digital assets," the letter argued in response to the invitation issued by the task force's chief, Commissioner Hester Peirce, to weigh in on future regulations.The four future categories...

“Bitcoin and the Nasdaq have seen a strengthening positive correlation since the start of the year, which is now above 50%," an analyst told Decrypt.Source link

With bitcoin gliding above the $94,000 mark, long-slumbering hoards have begun to stir with growing regularity. On Friday, 12 distinct legacy wallets—dormant for nine years and five months—dispatched 1,200 BTC, their inaugural move since creation. 1,200 Sleeping Bitcoins From 2015 Wallets Migrated Into New Structures Bitcoin.com News chronicled the revival of inactive coins two daysSource link

The team behind the Trump memecoin said Thursday that the top 220 holders on its list, where the smallest wallet holds $420 worth of TRUMP, are eligible to win dinner with President Donald Trump, contrary to rumors that a six-figure token stash was required.“We want to clarify a few things people seem confused by on X and in the Media,” the team’s X account posted. “You need $300K+ to participate (You Don't); That we're unlocking into this competition (We're Not).”TRUMP surged 70% this week, trading at around $12 as of Thursday, mainly driven by hype around the so-called “Dinner with Trump” event, according to CoinDesk’s earlier reporting.Some users on X claimed that only holders with more than $300,000 in tokens...

The SEC originally filed its complaint against Dragonchain in August 2022, claiming that it conducted unregistered securities offerings.Source link