Cryptocurrency

Ripple CEO Brad Garlinghouse has criticized Michael Saylor’s Bitcoin strategy, arguing that Strategy’s funding approach added pressure to the wider crypto market.  Summary Brad Garlinghouse said Strategy’s Bitcoin funding model…

Ionic Digital has filed for a Nasdaq Global Select Market direct listing under the ticker IOND, giving existing shareholders a possible public trading venue.  Summary Ionic Digital’s direct listing gives…

The XRP Ledger is moving closer to a native credit layer after RippleX said the XRPL Lending Protocol has entered validator voting.  Summary XRPL’s lending vote could add native credit…

Azerbaijan has completed a draft law to regulate virtual assets and submitted it for review, with the Central Bank expecting the legislation to be adopted before the end of the…

Bybit will gradually limit access to certain services on its global platform for users in the European Economic Area as the exchange aligns operations with Europe’s MiCA framework.  Summary Bybit…

XRP price traded near $1.05 on June 30 as buyers continued to defend the $1 support area.  Summary XRP remains near $1.05 as traders watch whether $1 support can hold…

CFTC has opened a wide ranging investigation into Polymarket’s business activities, including its social media operations, according to new reports. Summary The CFTC has opened a broad investigation into Polymarket…

SBI Holdings has approved a definitive agreement to acquire Japanese crypto exchange bitbank and make it a wholly owned subsidiary.  Summary SBI’s ¥46.7B bitbank deal would create Japan’s largest crypto…

Altcoins remain one of the weakest parts of the crypto market, with most Binance-listed tokens still trading below a key long-term trend line.  Summary Altcoins face broad technical weakness as…

The chances of the crypto market structure bill, or CLARITY Act, passing before the November midterm election have remained far from assured as major legislative hurdles continue, according to investment…