Crypto market maker Wintermute lands SEC approval to trade equities and ETF blocks Wintermute, a prominent crypto market maker, has received approval from the U.S. Securities and Exchange Commission (SEC) to trade equities and blocks of exchange-traded funds (ETFs), expanding its regulatory permissions beyond digital assets. The approval indicates Wintermute can participate in parts of…
Bitcoin Slides as Iran Ceasefire Collapse Pushes Oil Above $75 Bitcoin is sliding toward the $61,000 line as oil prices surge past $75 on renewed threats of a Hormuz blockade after the US-Iran ceasefire fell apart. Markets are pricing in higher energy costs and a fresh round of geopolitical risk that rarely sits well with…
Bitcoin Tests $61K as Oil Jumps on Iran Ceasefire Breakdown Bitcoin is sliding toward the $61,000 zone as rising geopolitical tensions between the US and Iran push oil prices sharply higher. The breakdown of the ceasefire has raised fears of a Hormuz blockade, sending crude toward $75 a barrel and tightening global risk appetite. The…
India’s Crypto Traders Skirt Taxes Despite Record Activity India’s tax authorities have uncovered a massive compliance gap: fewer than 25% of the 645,000 people who traded crypto last year bothered to declare those transactions. The finding has set off fresh alarm bells in New Delhi, where regulators are already wrestling with how to police a…
Trezor: Someone Always Holds Your Keys. It Should Be You. Trezor released a message emphasizing a core principle of crypto custody: someone always holds your keys, and the safest arrangement is when the user holds them directly. No additional details, examples, or incident information were provided in the supplied material. As a result, the message…
Adam Back’s Bitcoin Treasury SPAC Seeks New Terms The Bitcoin Standard Treasury Company, backed by Adam Back, is renegotiating its planned merger with Cantor Equity Partners I after both sides agreed that the original deal no longer matches current market conditions. The move signals that the SPAC market, once seen as an easy on-ramp for…
India Finds Just One in Four Crypto Traders Filed Taxes India’s tax department has uncovered a massive gap between actual crypto trading and tax reporting, with fewer than 25 percent of 645,000 identified traders declaring their activity. The findings point to widespread underreporting at a time when regulators are tightening their grip on the sector….
Tokenized Stocks Surge as Wall Street Finally Joins Tokenized stock trading volume exploded 105% in a single month, hitting $8.4 billion as both crypto firms and traditional financial institutions race to digitize equity markets. The surge signals that Wall Street’s long-promised integration with blockchain is moving from concept to actual market infrastructure. This jump reflects…
Ethereum Turns 11 With $148B Stablecoin Base But Cooler Mainnet Fees Ethereum marked its 11th anniversary with a stablecoin footprint totaling $148 billion while activity on its main network reflected a period of lower fee pressure. The milestone highlights a key shift in how Ethereum is being used. Stablecoins have become one of the network’s…
Bitcoin Slides Back to $60K as Oil, Japan, and Strategy Pile On Bitcoin has slipped back toward the critical $60,000 support as a perfect storm of higher oil prices, spreading economic jitters from Japan, and fresh selling from Strategy hit the market all at once. The move comes just as traders had started to feel…
Tokenized Stocks Surge 105% in a Month Tokenized equities just hit a new high-water mark. Trading volume across blockchain-based stock tokens jumped 105% in four weeks, pushing monthly turnover to $8.4 billion. The spike shows that crypto-native issuers and traditional brokerages alike are finally finding a shared lane on the same rails. The jump comes…
KALSHI WINS AGAIN — CFTC LOSES CONTROL OVER ELECTION BETS A federal appeals court just refused to pause a lower-court order that keeps Kalshi’s election contracts trading, marking the latest blow to the Commodity Futures Trading Commission’s attempt to block political-event contracts on a CFTC-regulated exchange. The decision keeps the door open for Wall Street-style…
Bitcoin Stalls at $62K as Oil Spikes and Fed Looms Bitcoin is sitting tight near $62,000 after oil prices jumped on fresh Middle East tension and futures traders trimmed risk ahead of the Federal Reserve’s next policy call. The move comes as bulls eye a “golden cross” that could signal a bigger rally, while bears…
Judges Slam Brakes on Crypto Bankruptcy Case Texas appeals court orders trial judge to halt proceedings in Envy Blockchain bankruptcy, ruling the case belongs in federal court. The decision swings a wrecking ball at state-level attempts to seize crypto assets during insolvency fights. It signals that bankruptcy judges—not state judges—will decide who gets what when…
Live updates: ‘This can’t last forever’: Mulling bitcoin’s lame price action as risk markets rally Bitcoin has shown unusually muted price action even as broader risk markets have been moving higher, highlighting a growing disconnect between the crypto market’s bellwether asset and the wider “risk-on” tone in global trading. The contrast has become a talking…
India Finds Most Crypto Traders Skipped Taxes India’s income tax department discovered that fewer than one in four people who traded crypto actually declared those trades on their returns. Out of 645,000 identified traders, only around 150,000 filed crypto-related disclosures, leaving a huge gap between trading activity and tax compliance. The department cross-checked exchange records…
Court Hands CFTC Rare Loss Over Kraft Subpoena Scope The Seventh Circuit has blocked a CFTC subpoena that reached back 15 years, ruling that regulators cannot treat every corporate archive as a fishing ground. The decision reins in an agency long accused of over-broad discovery, and it signals to every futures participant that unlimited document…
BILZERIAN’S 1989 SEC SHACKLES FINALLY LOOSEN A federal judge just lifted a 23-year-old SEC injunction against Paul Bilzerian, one of the 1980s’ most notorious corporate raiders. The ruling matters because it tests how long the Commission can keep someone out of the securities markets after a civil judgment—and whether that kind of lifetime restraint still…
Court Rejects Crypto “Not a Security” Defense A federal appeals court ruled that crypto tokens sold with profit promises can be securities, handing the SEC a major enforcement win. The decision narrows the escape route exchanges and projects have long used to argue their tokens are commodities or utilities. The case began when the SEC…
Bank of England Chief Denies Farage Pushed CBDC Shift Andrew Bailey moved quickly to shut down speculation that a private meeting with Nigel Farage altered the Bank of England’s thinking on central bank digital currency. The governor insisted the conversation was routine and had no bearing on policy direction, even as critics questioned whether political…
