SEC issues guidance on proof-of-work mining and securities regulations

The U.S. Securities and Exchange Commission’s Division of Corporate Finance has released new guidance on Proof-of-Work mining, clarifying how federal securities laws apply to crypto mining activities.  The statement outlines the SEC’s stance on “protocol mining” and concludes that PoW mining activities do not constitute securities transactions. The SEC explains that Proof-of-Work networks operate as public, permissionless systems where miners validate transactions and maintain network security through computational efforts. It introduces the term “Covered Crypto Assets” for tokens earned from PoW mining and refers to the process itself as “Protocol…

Bitcoin ‘Probably’ Hit Its Bottom At $77,000, Arthur Hayes Says

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to a recent X post by crypto entrepreneur Arthur Hayes, Bitcoin (BTC) probably hit its bottom during the plunge to $77,000 on March 10. However, Hayes cautioned that…

FET Turning The Tide: Price Climbs Steady After A Rebound At $0.452

Fetch.AI (FET) is turning heads as it steadily regains momentum after a strong rebound from the $0.452 level. This key support held firm, allowing bulls to regain control and drive prices higher. With buying pressure gradually increasing, FET’s recovery is gaining traction, hinting at a potential breakout if momentum continues to build. As FET’s price action begins to reflect renewed confidence, the market is buzzing with speculation about its next move. With technical indicators pointing to upward strength and trading activity on the rise, its resurgence could mark the beginning…

Crypto Will ‘Expand Dominance of U.S. Dollar,’ Trump Says

NEW YORK — President Donald Trump dropped a video into a crypto event on Thursday, amping up his pro-crypto sentiment with an assertion that crypto will spark economic growth, though he didn’t offer any of the new policies attendees had hoped he might announce. Crypto is “as big as you can get,” he said during a brief pre-taped speech at the Digital Asset Summit in Manhattan. His remarks were met by a standing room-only crowd, as he praised crypto, continuing a goodwill tour that has netted him financial and electoral…

Crypto Exchange Kraken Acquires Leading US Retail Futures Trading Platform NinjaTrader

The second-largest US-based crypto exchange by trading volume is expanding its repertoire as it prepares to go public. Earlier this month, Kraken announced plans to offer an Initial Public Offering (IPO) early next year. On the heels of the announcement, Kraken now says it has acquired the leading US retail futures trading platform NinjaTrader. NinjaTrader was founded in 2003, provides services for nearly two million traders, and is a Commodity Futures Trading Commission (CFTC)-registered Futures Commission Merchant (FCM). According to Kraken, the deal represents the largest ever between traditional finance…

Ethereum CLS Shows Price Will Rebound Above $2,600, Here’s Why

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The Ethereum price is showing signs of a possible trend reversal as technical indicators like the Continuous Linked Settlement (CLS) suggest a breakout may be on the horizon. The…

Bitcoin price thaws after Trump statement — Trader says ‘stay nimble and cashed up’

Bitcoin (BTC) price rallied to an intraday high of $87,453 in the early hours of the NY trading session but quickly retraced its gains to $83,655 shortly after US President Donald Trump made a video appearance at the Digital Asset Summit in New York. Prior to the video statement, rumors circulated on X, suggesting that President Trump would announce zero capital gains taxes on certain cryptocurrencies or issue a favorable statement about the US strategic Bitcoin reserve.  To the disappointment of some traders, neither rumor proved to be true, and…

Biopharmaceutical Firm ATAI Life Sciences Joins Roster of Firms With BTC Treasury Strategies

Another company has elected to add bitcoin (BTC) to its balance sheet. Christian Angermayer, the chairman of Germany-based biopharmaceutical company atai Life Sciences (ATAI) announced today that the firm would develop its own bitcoin treasury strategy. “In an era of persistent inflation and volatile markets, I find myself asking an important question for biotech companies looking to preserve and optimize the capital they have: Could allocating a portion of treasury cash to bitcoin help preserve, optimize, and even extend a company’s runway and hence contribute to its success,” Angermayer wrote…

Crypto campaign donations are democracy at work — former Kraken exec

Marco Santori, former chief legal officer at crypto exchange Kraken, praised the political campaign donations made by industry firms during the 2024 election as “democracy at work.” In an exclusive interview with Cointelegraph, the former Kraken executive argued that crypto voters tilted the election in favor of then-candidate Donald Trump and the Republican Party. The executive also said that the donations from crypto firms, many of which are now having regulatory lawsuits dismissed, do not represent conflicts of interest. Santori told Cointelegraph: “Detractors only call it a conflict of interest…