Michigan’s new bills ban CBDC, permit state to invest in ‘crypto’
Michigan has become the latest U.S. state to push digital asset regulations, with four new bills landing in the State Senate to promote BTC mining and ban the looming digital…
U.S. Government’s Crypto Power Play: How Altcoins Are Becoming a Key Asset
The U.S. government currently has a variety of altcoins in its collection, such as Ethereum (ETH), Tether (USDT), and Wrapped Bitcoin (WBTC). The increased investment portfolio proves that the government…
Crypto market cap hits $3.5t on surging institutional demand
The global crypto market cap has surpassed $3.5 trillion, driven by a surge in institutional interest in Bitcoin and developments across the broader digital asset ecosystem. According to a report…
Tokenized equities will be ‘bigger than stablecoins’: Backed CEO
This is a segment from the Lightspeed newsletter. To read full editions, subscribe. Kraken announced last week that it would soon list Solana-based tokenized equities, in what looks partly like…
Nasdaq leads stocks higher as court blocks Trump tariffs
Stocks traded higher on Thursday, as risk-on sentiment engulfed investors following a U.S. court ruling that blocked President Donald Trump’s tariffs. The Nasdaq Composite opened 1.3% higher, and the S&P…
GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy
The stock price of prominent video game retailer GameStop fell for the second straight day after the company announced its first-ever Bitcoin buy in excess of $500 million Wednesday morning.…
Crypto Market Today: Trillions at risk as Investors Await Trump’s Reaction to TACO
The crypto market today was on edge as traders waited for Donald Trump’s reaction to TACO accusations and the decision by a court to halt his reciprocal tariffs. Bitcoin (BTC)…
GameStop Slides Another 6% as Investors Sell the Bitcoin Buy News
GameStop (GME) shares dropped nearly another 6% on Thursday as investors continued to sell the news of the company\'s disclosure of its initial bitcoin acquisitons. The company on Wednesday morning…
Pantera Reveals Its Bets on Stocks That Adopted ‘Digital Asset Treasury’ Strategy
Crypto investment firm Pantera Capital revealed a series of concentrated bets on a growing class of publicly-traded companies holding large digital asset reserves on Thursday. Among Pantera’s portfolio is Twenty…
Critical Statements from FED Member Goolsbee: “We Could Have Cut Interest Rates, But…”
Chicago Fed President Austan Goolsbee said on Monday that the U.S. Federal Reserve could cut interest rates if large-scale tariffs can be avoided. Avoiding these tariffs through trade agreements or…