Critpomarkeet

GameStop looks at bitcoin: The company will issue $1.75B in zero-interest convertible bonds, aiming to strengthen its exposure to BTC. It also reserves an option for an additional $250M.

#BTC

OpenSea reactivates NFTs: Trading rewards and new integrations with video games are generating a resurgence in NFT activity on Ethereum. The transition from speculation to functional use is consolidating

#NTF

The Treasure projects a boom in stablecoins: Secretary Scott Bessent anticipates that the market for USD-backed stablecoins could exceed $2 trillion before 2028, if the legal framework is finalized. The Senate is already promoting the GENIUS project.

#USDC

ETH surpasses BTC in ETFs: Ethereum's spot funds recorded $240M in net inflows in a single day, marking 18 consecutive days of inflows. The movement is driven by positive discussions about DeFi and stablecoins.

#ETH #BTC

Meta returns to the regulatory radar: US Senators question Zuckerberg about new developments with stablecoins, following the collapse of Libra. The renewed interest from Big Tech reflects a shift in political tone.

#USDC✅ #USDT

Solana, next approved ETF?: The SEC asked issuers to update their forms, suggesting an imminent approval. Bloomberg estimates a window of 2 to 4 months

#solana

ETH gains strength in derivatives: The trading volume of Ethereum derivatives rose by 38% in 24h. The market is driven by inflows to spot ETFs, the rise of DeFi, and positive signals from the SEC.

#ETH

Circle shines on Wall Street: The company behind USDC completed a successful IPO. For Bitwise, it is a clear signal of the value of combining crypto assets and sector stocks.

#USDC✅

Polygon changes leadership: Sandeep Nailwal takes over as CEO of the Polygon Foundation and confirms the focus on Agglayer and the PoS network. zkEVM will be discontinued.

#Polygon

Ethereum under review: A technical report points out necessary improvements in UX, smart contracts, and Ethereum's consensus, as part of the Trillion Dollar Security plan.

#Ethereum

OpenSea Resurgence and Bitcoin Reduces Activity: The OpenSea NFT market reached its highest number of monthly users since mid-2023 thanks to the full launch of its OS2 platform.

Strategy continues to accumulate Bitcoin, purchasing an additional 1,045 BTC for $110.2 million. Additionally, Turnkey, a crypto key management startup co-founded by former Coinbase employees, has secured $30 million in a funding round.

#BTC

Fight Against Crypto Money Laundering: Iurii Gugnin is accused of laundering $530 million in crypto from Russia to the U.S. through his firm Evita, including funds from sanctioned Russian banks.

South Korea Regulates Stablecoins: A new bill in South Korea aims to establish a licensing regime for stablecoin issuers, in line with the presidential promise to promote a stablecoin market based on the won. Meanwhile, in the U.S., a similar bill for stablecoins, the GENIUS Act, is moving toward a vote in the Senate.

U.S. Seeks Regulatory Clarity for Crypto: Brian Quintenz, nominated for the CFTC, promises to work to clarify the classification and jurisdiction of cryptocurrencies, using his expertise to shape future regulations.

Major Banks Enter the Stablecoin Game: BNY Mellon becomes the custodian of the new stablecoin USD CoinVertible. In addition, Societe Generale will make history as the first European bank to launch a stablecoin tied to the US dollar.