The digital asset associations revealed on Wednesday that a number of key crypto commerce organizations have despatched a letter to U.S. President Donald Trump urging the “expeditious affirmation” of Brian Quintenz as chairman of the Commodity Futures Buying and selling Fee (CFTC). Crypto Teams Unite to Again Quintenz Nomination Signed by the Crypto Council for…
Ethereum (ETH) is struggling to carry above $4,200 after a pointy sell-off triggered widespread liquidations throughout the crypto market. It has dropped practically 9% over the previous week, with merchants bracing for a possible retest of the $4,100 degree. Knowledge from CoinGlass exhibits that greater than $178 million in positions have been liquidated prior to…
Hyperliquid has achieved the highest revenue per employee globally, at $106 million, surpassing traditional technology giants and the previous record holder, Tether Limited. The revenue-per-employee metric places Hyperliquid significantly ahead of established technology companies. Data gathered by Hyperliquid France puts Tether in second with $93 million per employee, while OnlyFans ranks third at $37.6 million. …
Gemini founders Cameron and Tyler Winklevoss donated 188.4547 Bitcoin (BTC) worth $21 million to establish a new political action committee. Tyler announced the Digital Freedom Fund PAC on Aug. 20, positioning the group as a vehicle to “help realize President Donald Trump’s vision of making America the crypto capital of the world.” The PAC plans…
TRON is getting into the highlight with a significant integration that might increase its world attain. The official communication staff introduced right now a strategic settlement with Consensys. This partnership will deliver native TRON integration into MetaMask, the world’s main self-custodial crypto pockets. For the primary time, MetaMask customers will have the ability to work together straight…
A US Federal Choose unfroze $57.5 million from LIBRA promoters Hayden Davis and Ben Chow, prompting the meme coin to briefly spike. Choose Rochon warned that the lawsuit in opposition to these males might fail altogether. Though all the small print have but to floor, the crypto neighborhood reacted with incredulity. Since President Milei dissolved…
API3, a decentralized oracle answer that goals to make real-world knowledge accessible through blockchain APIs, noticed its token worth explode almost 90% over the previous seven days, peaking above $1.80. However within the final 24 hours, it dropped almost 10%, sparking confusion amongst merchants. Is that this the beginning of a deeper correction, or only…
ChatGPT’s SOL analysis has revealed Solana sustaining a bullish construction at $183.75 regardless of a 4.27% pullback, because the community achieves a historic 100,000 transactions-per-second stress-test milestone whereas recovering from latest liquidation waves that triggered broader crypto market instability. Solana’s RSI is 52.36, and the MACD is constructing constructive momentum at 3.89 histogram regardless of…
Key Takeaways: Reuters reported on August 20 that China’s State Council will review a plan to allow yuan-backed stablecoins. The roadmap would set global usage targets, regulatory responsibilities, and risk-control guidelines. Hong Kong’s new stablecoin ordinance and Shanghai’s digital yuan hub position them as pilot zones for the rollout. China is weighing the introduction of…
The Securities and Exchange Commission is moving in a different direction on crypto. Chair Paul Atkins confirmed that the agency will launch the President’s Digital Assets Group, a step he says will open a new chapter in US regulation. White House Roadmap According to Atkins, the first objective of the new group will be to…