IBIT Leads Bitcoin ETF Profit Rebound on Renewed Interest Rate Cut Optimism
Bitcoin ETF investors have returned to profit as Bitcoin’s price climbs above key cost-basis levels, with BlackRock’s IBIT holders seeing a $3.2B rebound.
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Breaking Crypto News
Visa Pushes Deeper Into Stablecoins With New Aquanow Partnership
Digital payments giant Visa has partnered with crypto infrastructure firm Aquanow to expand stablecoin-based settlement across the CEMEA region.
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Solana ETFs Slip Into Red as XRP Demand Surges and Dogecoin Lags
ETFs saw mixed results on Wednesday as SOL products saw their first outflows, XRP ETFs extending their inflow streak, and DOGE ETFs falling short of expectations.
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Trump Accused of Running a Crypto Enrichment Plan Built on Unprecedented Corruption
House Democrats allege that Trump leveraged his crypto agenda to funnel major profits to his family through unprecedented corruption and influence-peddling.
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Nasdaq Pushes to Supercharge IBIT Options as Bitcoin Goes Mainstream
Nasdaq ISE has asked the SEC to drastically raise IBIT options limits to one million contracts, reflecting soaring institutional demand for BlackRock’s bitcoin ETF.
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S&P Downgrade of USDT Sparks Panic in China’s Underground Crypto Scene
S&P Global’s downgrade of Tether’s stablecoin USDT from constrained to weak has sparked intense concern across China’s 20 million-strong underground crypto market.
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ALT5 Sigma Unravels After Bold Move Into Trump Linked WLFI Tokens
ALT5 Sigma is facing internal turmoil, executive departures, and an 80% stock collapse following its pivot to a WLFI token treasury strategy.
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CFTC Seeks CEO Advisors as Caroline Pham Pushes New Crypto Innovation Council
The CFTC’s acting chair Caroline Pham has opened nominations for a new CEO Innovation Council to guide the agency’s expanding oversight of crypto.
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CFTC Clears Polymarket to Operate Fully Regulated Prediction Market in the U.S.
Polymarket has received an Amended Order of Designation from the CFTC, clearing the platform to operate as a fully regulated U.S. prediction market.
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South Africa’s Central Bank Says Crypto Risks Growing Faster Than Oversight
South Africa’s central bank has warned that the rapid rise of crypto and stablecoin adoption poses emerging financial stability risks amid regulatory gaps.
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