The “only U.S.-registered crypto securities platform” is listing ETH in a bold test of the U.S. Securities and Exchange Commission’s thesis that most cryptocurrencies are securities.
Coindesk
Welcome to the ‘Bitcoin Era’ on Wall Street
With a roster of bitcoin ETFs already trading, companies will need to figure out how to differentiate their products.
Solana Gains More Than Bitcoin as Trader Speculates an ‘Extreme Move’ Is Ahead
The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.
JPMorgan Survey Shows Over Half of Institutional Traders Don’t Want Crypto Exposure
The bank’s survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.
U.S. Senators Berate SEC’s Gensler for Agency’s ‘Unethical’ Handling of Crypto Case
The U.S. Securities and Exchange Commission’s admission that it misrepresented evidence in a lawsuit against the blockchain project DEBT Box casts doubt on its wider enforcement practices, several Republican senators argued in a letter to Chair Gary Gensler.
Bitcoin Mining and the Politicization of a Once Reputable Federal Agency
The Department of Energy’s statistics wing is feigning an “emergency” to attack legitimate U.S. businesses and score political points, Texas Blockchain Council President Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring write.
Layer-2 Blockchain Developer StarkWare Plans ‘Cairo’ to Verify Layer-3s
Cairo, which the StarkWare and the Herodotus developer team worked on together, is a key piece of technology that verifies proofs and posts them back to the layer-2 blockchain, instead of Ethereum’s mainnet.
Polygon Releases ‘Type 1 Prover,’ Claiming Milestone Set by Ethereum’s Vitalik Buterin
The announcement means that existing EVM chains or optimistic rollups can connect to the prover without modification, then plug into Polygon’s newly released Aggregation layer, providing access to “all of the liquidity and value on Ethereum itself,” Polygon said.
Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy
The recently launched spot bitcoin ETFs, excluding Grayscale’s GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January.
Crypto for Advisors: Bitcoin as a Building Block for Portfolios
A practical, unbiased, and proven approach could classify bitcoin as another building block in institutional investors’ portfolios.