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Quick Take Rep. Tom Emmer’s bill could be a “precursor” for market structure legislation that lawmakers are hoping to get passed into law. The bill, called the Securities Clarity Act, looks to differentiate between an asset and a securities contract.
Quick Take In conjunction with Q4 earnings on Tuesday, GameStop said it would update its investment policy to add Bitcoin as a treasury reserve asset. “Welcome to Team Bitcoin,” Strategy’s Michael Saylor wrote Tuesday on X.
Quick Take Testing on the token will begin in the next few weeks and a launch date is set for July. “Wyoming is a place that people come to innovate,” Wyoming Governor Mark Gordon said on Wednesday during a DC summit.
Quick Take Sen. Ted Cruz, R-Texas, and Rep. Mike Carey, R-Ohio, introduced a joint resolution to repeal an Internal Revenue Service rule. White House Crypto A.I. and Crypto Czar David Sacks said that President Donald Trump’s senior advisors plan to recommend the president sign it.
Shiba Inu burn rate jumps 8,400% as SHIB price increases by 15%, eyeing entry into the top 10 digital assets.
Cardano is seeing a bullish price rebound, with key metrics like trading volume soaring, igniting speculations of a possible $2 breakout.
- 11:04Scam Sniffer: A User Loses Nearly $120,000 in WBTC Due to Signing a Phishing TransactionAccording to ChainCatcher, Scam Sniffer monitoring has revealed that a user lost WBTC worth $119,044 after signing an "increaseApproval" phishing transaction.
- 10:58Zodia Markets, the crypto trading platform under Standard Chartered, raises $18.25 million in fundingAccording to Jinse Finance, Zodia Markets, the crypto trading platform under Standard Chartered Bank, has completed a $18.25 million funding round led by New York venture capital firm Pharsalus Capital, with participation from Circle Ventures, Token Bay Capital, XVC Tech, and others. Following this round, Standard Chartered’s stake in Zodia Markets will decrease from 84% to 60%. Founded in 2021, Zodia Markets provides over-the-counter crypto brokerage services. The new funds will be used to expand into East Asia, Latin America, and the US markets, as well as to grow its stablecoin business. The company currently has a team of about 50 people and emphasizes a profit-first strategy, avoiding expansion at any cost.
- 10:58Nano Labs increases its BNB holdings to 128,000According to Jinse Finance, US-listed company Nano Labs (Nasdaq: NA) announced today that it has increased its BNB holdings to 128,000 tokens, with a total value exceeding $108 million based on the current market price of $850 per token. Recently, the company acquired an additional 8,000 BNB through over-the-counter transactions at an average price of $801 per token, bringing its overall average holding cost to $713 per token.