Stablecoin firm Circle, the issuer of the USDC (USDC) dollar-pegged token, might delay its planned initial public offering (IPO) amid macroeconomic uncertainty over US President Donald Trump’s trade policies, the The Wall Street Journal reported. Circle registered with the United States Securities and Exchange Commission (SEC) on April 1 to take the company public. It…
The United States Securities and Exchange Commission (SEC) released a statement on April 4 establishing guidelines for stablecoins. In an April 4 statement, the agency minted a new term, “covered stablecoins,” classifying them as non-securities and exempting such tokens’ transactions from reporting requirements. According to the SEC’s definition, a “covered stablecoin” is fully backed by…
The election of US President Donald Trump was supposed to usher in a golden era of crypto. Although the regulatory stars are aligning, the crypto industry just experienced its worst quarter in years. The prices of Bitcoin (BTC) and Ether (ETH) recorded their worst Q1 in seven years, market sentiment fell to its lowest point…
Blockchain startup Codex has raised $15.8 million to build a layer-2 network specifically for stablecoins, signaling that more builders are rushing to capitalize on the growing industry and regulatory alignment around fiat-backed stable assets. The seed round was led by Dragonfly Capital, with additional participation from Coinbase, Circle, Cumberland Labs, Wintermute Ventures and others, Codex…
A group of investors with cryptocurrency custody and trading firm Bakkt Holdings filed a class-action lawsuit alleging false or misleading statements and a failure to disclose certain information. Lead plaintiff Guy Serge A. Franklin called for a jury trial as part of a complaint against Bakkt, senior adviser and former CEO Gavin Michael, CEO and…
Key Takeaways Pump.fun has resumed its livestreaming feature for 5% of users after implementing stricter content moderation policies. New guidelines prohibit harmful content, with violations resulting in potential stream termination and account suspension. Share this article Pump.fun, the popular Solana-based meme coin launchpad, has restored its livestreaming feature to 5% of users after a period…
Digital asset manager Grayscale registered with the United States Securities and Exchange Commission (SEC) to list the Grayscale Solana (SOL) Trust exchange-traded fund (ETF) on the New York Stock Exchange (NYSE). The ETF will trade under the ticker symbol “GSOL” and will hold spot SOL as the underlying asset, according to the April 4 S-1…
Key Takeaways Tariffs are likely to lead to higher inflation and slower economic growth. The Federal Reserve is monitoring tariff effects but remains cautious about monetary policy changes. Share this article Fed Chair Jerome Powell said today that Trump’s newly announced tariffs are higher than expected and these measures are likely to lead to higher…
Bitcoin (BTC) price dodged the chaotic volatility that crushed equities markets on the April 4 Wall Street open by holding above the $82,000 level. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView US stocks notch record losses as analysts predict “long trade war” Data from Cointelegraph Markets Pro and TradingView showed erratic moves on Bitcoin’s lower timeframes as…
Key Takeaways Grayscale filed an S-1 with the SEC to launch a spot Solana ETF on NYSE Arca. The trust will track SOL’s price using the CoinDesk Solana Price Index. Share this article Grayscale has filed Form S-1 with the SEC to launch a spot Solana ETF. It comes after NYSE Arca submitted a 19b-4…
