Crypto News
Congress Launches a Crypto Caucus—Is This the Start of a Policy Revolution?
U.S. lawmakers have launched the Congressional Crypto Caucus, a coalition aiming to shape digital asset policy and defend blockchain innovation as demand for crypto-friendly legislation rises. US Lawmakers Establish Congressional Crypto Caucus Congressman Ritchie Torres and House Majority Whip Tom Emmer have announced the launch of the Congressional Crypto Caucus, a bipartisan group aimed atSource link
Crypto ETPs See Record $2.9B Outflow With Bitcoin Leading Three-Week Streak: CoinShares
Crypto exchange-traded products (ETPs) suffered their largest weekly sell-off on record, with investors pulling approximately $2.9 billion from these funds, according to a report by CoinShares published on Monday.The massive outflows mark a significant shift in sentiment after a prolonged period of steady investment into digital asset products.This latest wave of withdrawals extended a three-week streak of outflows, now totaling $3.8 billion. CoinShares research analyst James Butterfill pointed to several factors likely driving the sell-off, including mounting investor concerns following the recent $1.5 billion hack on crypto exchange Bybit and the Federal Reserve’s increasingly hawkish stance on monetary policy.Before this downturn, crypto investment products had enjoyed 19 consecutive weeks of inflows, suggesting that some investors were locking in profits amid...
Lawmakers Launch Bipartisan Congressional Crypto Caucus Following Trump Bitcoin Push
The first of its kind group will allow pro-industry lawmakers to vote as a bloc on key legislation.Source link
Ethereum NFT Collections Pudgy Penguins, CryptoPunks Jump Amid ETH, Bitcoin Surge
The top NFT collections are all green in the last 24 hours.Source link
SEC Dismisses Legal Case Against Kraken, Exchange Confirms
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against cryptocurrency exchange Kraken, the company confirmed Monday, ending a high-profile regulatory battle over allegations of operating as an unregistered securities platform. Kraken Confirms Closure of SEC Enforcement Action The SEC’s dismissal of the case, revealed on Monday, marks a significant development in theSource link