Author: admin

Michael Selig, currently serving as chief counsel for the crypto task force at the US Securities and Exchange Commission, will face questioning from senators next week in a hearing to consider his nomination as the chair of the Commodity Futures Trading Commission.On Tuesday, the US Senate Agriculture Committee updated its calendar to include Selig’s nomination hearing on Nov. 19. The notice came about two weeks after the SEC official confirmed on social media that he was US President Donald Trump’s next pick to chair the agency following the removal of Brian Quintenz.Hearings for Quintenz, whom Trump nominated in February, were…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The number of XRP ETFs on the DTCC website has increased even as these funds prepare for launch. Expert Nate Geraci noted that the first ‘33 Act XRP ETF could launch this week, which is a positive for XRP. Record XRP ETFs Now Listed On The DTCC Website DTCC data shows that nine XRP ETFs have now been listed on the site, which signals the readiness of some of these funds ahead of a possible launch this month. These ETFs include funds by Bitwise, Canary Capital, Franklin…

Coinbase’s new token pre-reserve platform reopens US retail participation in public token sales for the first time since regulators shut down the ICO boom in 2018.The mechanism looks familiar, with curated projects, fixed sale windows, and algorithmic allocation. Every purchase is settled in USDC, and every token launched through the platform receives a guaranteed listing on Coinbase.However, it introduces new structural constraints, such as prohibiting issuers from selling tokens on secondary markets for six months after launch.Additionally, users who flip allocations within 30 days get deprioritized in future sales.The bet is behavioral: if you punish early exits and reward patience,…

The US Internal Revenue Service (IRS), the country’s tax-collection bureau under the Department of the Treasury, has updated its guidance for cryptocurrency exchange-traded products (ETPs) to include a safe harbor for trusts to stake digital assets.Treasury Secretary Scott Bessent wrote in a Monday X post that the agencies released guidance offering crypto ETPs “a clear path to stake digital assets and share staking rewards with their retail investors.”According to the guidance available on the IRS website, government agencies would allow crypto trusts to participate in staking, provided they are traded on a national securities exchange, hold only cash and “units of a…

Momentum for institutional adoption of XRP has surged as the Depository Trust & Clearing Corporation (DTCC) added five spot XRP exchange-traded funds (ETFs) to its database, marking a key pre-launch milestone. Related Reading: MEXC Users At Risk Of Losing Their Crypto? Ex-Public Advisor Exposes ‘Structural Rot’ The listings include products from Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, all of which are categorized as “active and in the pre-launch stage.” DTCC Lists Five Spot XRP ETFs, Signaling Institutional Readiness While the U.S. Securities and Exchange Commission (SEC) has yet to give final approval, analysts view DTCC listings as a…

Chainlink’s native token LINK LINK$16.25 rebounded on Monday, advancing 5.2% over the 24-hour period to a session high of $16.66 before profit-taking kicked in.The price jump followed a steady upward trend with higher lows and strong participation from traders, but the failure to hold above $16.50 signaled near-term exhaustion, CoinDesk Research’s technical analysis model said.The most significant move came at midnight UTC, when 1.82 million tokens changed hands — nearly 70% above the daily average — confirming a breakout through the critical $16.00 level and validating the rally’s momentum.However, the uptrend stalled as traders began taking profits near session highs.…

Terrill Dicki Nov 10, 2025 18:57 OKX has announced an extension of its SPK reward campaign for Spark USDC On-chain Earn, now running until December 10, 2025, offering up to 10% APR. OKX has announced the extension of its SPK reward campaign for the Spark USDC On-chain Earn program, now scheduled to continue until 8:00 am UTC on December 10, 2025. The campaign, which initially began on August 4, 2025, allows participants to earn up to a 10% annual percentage rate (APR), combining the base APR with a 5.5% real-time SPK reward. Campaign…

After 40 days of political gridlock, the US federal government appears close to reopening, and crypto traders are once again betting that history may repeat itself.The latest US government shutdown is the longest in history, after the past went for 35 days between December 22, 2018, to January 25, 2019.Sponsored Bitcoin Traders Bet on History Repeating as US Shutdown Deal NearsBitcoin was trading for $104,501 as of this writing, up by almost 3% in the last hour. It follows a lull weekend, but attention is shifting to X (Twitter) amid hopes of the end to the government shutdown.Bitcoin (BTC) Price…

Key Takeaways Strategy secures €620M via its first Euro-denominated STRE offering. Shares yield 10% annually, compounding up to 18% if deferred. Funds will fuel bitcoin purchases and European expansion. Strategy Inc., led by billionaire Michael Saylor, has once again made headlines with another financial move aimed at expanding its already massive bitcoin treasury. The firm announced the successful pricing of its new Series A Perpetual Stream Preferred Stock (STRE) offering, raising an impressive €620 million (approximately $715 million). This latest capital raise marks Strategy’s growing international presence, particularly in Europe. The company described the STRE issuance as the first Euro-denominated…

BitMine Immersion, Sharplink, and Forward Industries are the only altcoin-focused DATCos among the top 15 holdings. Digital Asset Treasury Companies (DATCos) have deployed at least $42.7 billion in crypto acquisitions so far in 2025. Interestingly, more than half of that amount was spent in the third quarter alone, when DATCos collectively acquired $22.6 billion worth of digital assets. Q3 2025 has therefore been the strongest quarter on record for DATCo accumulation. Bitcoin DATCos Dominate In its latest analysis, CoinShares revealed that altcoin-focused DATCos represented $10.8 billion of this Q3 spending, or 47.8% of the total. However, despite the rise…