The CFTC plans to permit regulated US exchanges to supply leveraged spot crypto buying and selling as early as subsequent month beneath present commodities legislation. Appearing Chair Caroline Pham is readying steerage to make these listings operational, which might carry US custody, margin, and surveillance requirements to retail crypto spotContinue Reading
E*Trade is entering the crypto market with the help of infrastructure provider Zerohash, initially offering trading for Bitcoin, Solana, and Ethereum. The move is a response to growing client demand for crypto exposure, a trend seen across Wall Street as the regulatory environment becomes more favourable. This integration follows MorganContinue Reading
QMMM announced a US$100m (AU$153.2m) crypto treasury, sending shares up 2,300% before closing at US$207 (AU$317.1). Gains cooled in after-hours trading, with shares down nearly 25% to US$156.31 (AU$239.40). CEO Bun Kwai highlighted fast-growing blockchain adoption as the driver of QMMM’s digital asset strategy. Hong Kong-based investment company QMMM Holdings’Continue Reading
Crypto analytics firm Bubblemaps has reported that Hayden Davis, the ‘facilitator’ behind LIBRA and MELANIA, sniped the launch of Kanye West’s YZY token, netting a profit of US$12 million. Bubblemaps’ analysis of accounts linked to Davis in the days leading up to the YZY launch suggests he possibly had someContinue Reading
Former BitMEX CEO, Arthur Hayes, has bought back into ETH to the tune of US$10.5 million after having sold US$8.32 million worth of the cryptocurrency just days earlier at a significantly lower price. Hayes’ reversal came after ETH surged significantly after his sell-off, rising from around US$3,507 at the timeContinue Reading
