Crypto Breaking News
Bitcoin sets a new record — Surpassing $124K, new ATH (All-Time High) levels have been established, driven by the Fed's potential rate cut, ETF inflows, and regulatory support. If the $125K level holds, the price could reach $150K.
Solana (SOL) ETF sees $164M inflows — REX-Osprey SOL + Staking ETF has attracted $164 million over the past 7 weeks, leading SOL's price to trade around $193.
GENIUS Act passed — A new law has been approved in the United States requiring stablecoins to be backed by a 1:1 low-risk asset, to enhance consumer protection and regulatory transparency.
BlackRock's crypto holdings exceed $104B — A major asset management firm, BlackRock, has increased its crypto investment to $104 billion, surpassing the $100 billion target, with Bitcoin being the dominant asset.
SEC proposes 'safe harbor' for DeFi — DeFi Education Fund and a16z have advised the SEC that DeFi applications (which have no custody, discretion, or solicitation) should be exempt from broker regulations.
