This is a segment from the Lightspeed newsletter. To read full editions, subscribe . On Friday, the SEC filed suit against Nova Labs, the developer behind the Helium Mobile crypto-enabled cell network. The agency charged Nova Labs with fraud and registration violations. The litigation wound up being the last of Gary Gensler’s four-year tenure as
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . Congressional Republicans are working to reverse new IRS guidelines that require so-called “custodial brokers” to report transactions. Rep. Mike Carey and Sen. Ted Cruz this week introduced corresponding resolutions seeking to “roll back the disastrous IRS broker rule.” The legislation
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . As expected, Donald Trump has backed off a bit on the ambitious tariff goals he touted on the campaign trail. “I think we’ll do it Feb. 1,” Trump said during a Monday press conference, referring to tariff increases on Canada
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe . If you’ve been reading Forward Guidance, you know the last few days in crypto land have been — to put it mildly — eventful. Bitcoin surged to a new all-time high the day Donald Trump was sworn in. After a
Bitwise has recently filed documents to the Delaware’s Department of State, applying for the registration of a Bitwise Dogecoin ETF. On Jan. 22, crypto fund manager Bitwise Asset Management submitted documents to register for a Dogecoin (DOGE) exchange-traded fund. The filing can be found within the Delaware Department of State’s Division of Corporations official website.
This is a segment from the 0xResearch newsletter. To read full editions, subscribe . The Ethereum Foundation is going through a bit of civil unrest, but work on the world computer continues. Ethereum researcher Justin Drake published on the ethresearch forums yesterday a compilation article on a new rollup design known as “native rollups.” If
North Dakota regulators are debating a bill that introduces consumer protections to combat scams involving cryptocurrency ATMs. During a Jan. 22 hearing, lawmakers in North Dakota discussed House Bill 1447, introduced to the state’s legislative assembly earlier this month, which seeks to cap daily withdrawals, regulate transaction fees, and mandate fraud warning notices on crypto
Spot Bitcoin exchange-traded funds in the United States experienced a slowdown on Jan. 22 as BTC retraced back to around $102k. According to data from SoSoValue, inflows into spot Bitcoin ETFs dropped by 69% from the previous day, reaching $248.65 million on Wednesday. The entire inflows recorded on the day came from BlackRock’s IBIT which
Most TRUMP holders are retail investors with less than $100 in profits, while 60 whales have gained over $10 million, according to Chainalysis. The majority of crypto wallets holding the Official Trump (TRUMP) meme coin haven’t made much money. According to data by Chainalysis, over 77% of them have earned less than $100, while whales
The Azuki-backed ANIME token will be airdropped to Binance users prior to its official listing and debut on Jan. 23, 2025 at 14:00 UTC. The Animecoin community token ANIME will be making its debut on Jan. 23 in a number of major exchanges, including Binance. The token named after the Japanese pop culture phenomenon will