Category: Other Crypto News

SEC Interpretation on Crypto Laws ‘a Beginning, Not an End,‘ Says Atkins

boss

US Securities and Exchange Commission (SEC) Chair Paul Atkins has clarified how the agency intends to approach digital asset regulation following an interpretative notice issued this week. In prepared remarks for a Thursday speech at the Practising Law Institute, Atkins said that the SEC would take a different approach to digital assets than its previous “regulation by enforcement” campaign. According to the SEC chair, the agency would first focus on its interpretation of how federal securities laws apply to crypto following the signing of a memorandum of understanding with the…

BPI sounds alarm on ‘backdoor’ for hardware wallets in Kentucky crypto bill

boss

Kentucky House Bill 380, a state-level crypto regulatory bill, includes provisions that would force crypto hardware wallet manufacturers to build a “backdoor” into devices, Bitcoin (BTC) advocacy organization Bitcoin Policy Institute (BPI) has warned.  The provisions require crypto hardware wallet manufacturers to provide recovery options for users’ seed phrases, and were added to the bill in a “last-minute” floor amendment, BPI said. The amended Section 33 of the bill reads: “A hardware wallet provider shall provide a mechanism for, and assist any person who owns a hardware wallet that was…

Forward Industries Funds Share Buyback With Solana-Backed Loan

boss

Forward Industries, a publicly traded company with a Solana-focused treasury strategy, has launched a share repurchase program funded through a crypto-backed loan from Galaxy Digital LLC, underscoring how digital assets are increasingly being used in traditional corporate finance. The company said Thursday it will repurchase 6,164,324 shares of its common stock from an unnamed institutional investor for approximately $27.4 million, reducing total shares outstanding to 76,977,809. Cointelegraph’s email to Forward seeking further information on the identity of the selling institutional investor was not answered prior to publication. A partial list…

EtherFi Allocates $25M to Plume to Bring RWA Yield Onchain

boss

EtherFi has allocated $25 million to Plume’s real-world asset (RWA) protocol Nest, marking a move to integrate tokenized RWA yield directly into its platform as it looks to expand beyond crypto-native sources of return. According to Thursday’s announcement, rollout will begin with exposure to Plume’s nBASIS vault, which is tied to Superstate’s USCC crypto carry fund, with plans to add a dedicated real-world asset vault directly into EtherFi’s interface in a later phase. The initial allocation gives EtherFi users indirect exposure to a strategy combining crypto basis trades, staking rewards…

Bybit Launches Yield Product For Tokenized Gold (XAUT)

boss

Cryptocurrency exchange Bybit has launched a yield-bearing tokenized gold product that lets users earn interest on Tether Gold (XAUT), the latest entrant into a broader push to turn traditionally non-yielding assets into income-generating instruments. The product is designed to convert tokenized gold — typically a passive store of value — into a yield-bearing asset using XAUT, the largest tokenized gold product, the company announced Thursday. It allows holders to earn passive income while maintaining exposure to gold prices. The market cap of Tether Gold reached nearly $3 billion earlier this…

Bitcoin To Rally 250% This Year? Crypto Founder’s Bullish Prediction Shows New ATHs

boss

Arthur Hayes, co-founder of BitMEX, has reiterated his $250,000 year-end price target for Bitcoin. With Bitcoin trading around $70,100, that target would imply roughly 256.5% upside from current levels and a clean break above its previous peak at $126,000 from October 2025. Reiterating Bullish Predictions Arthur Hayes is one of the most outspoken bullish proponents for Bitcoin. He has, on multiple occasions, pointed to Bitcoin breaking above $200,000 among his long-term bullish expectations for the asset. That earlier stance has now been reaffirmed in a recent YouTube interview. Related Reading…

Bitcoin Rally to $76K Shows Strength but Lacks Confirmation

boss

Bitcoin’s (BTC) rally to $76,000 revived market optimism for investors, but onchain data suggested that the move may still be part of an early-stage recovery defined by frequent periods of price volatility. According to Glassnode, BTC price has entered a relatively “open” zone between $72,000 and $82,000, where there’s less resistance. This range is particularly defined by the UTXO Realized Price Distribution (URPD), which highlights where the investors accumulated their coins. This means BTC may move more freely in the short term within this range, if the momentum holds. Bitcoin…

Ethereum Enters High-Leverage Regime As Binance Exposure Crosses 75%

boss

Ethereum is trading above the $2,150 level after pulling back from recent highs near $2,380 reached earlier this week, reflecting a cooling phase following a short-term surge in bullish momentum. The retrace suggests that while buyers were able to push prices higher, follow-through demand remains limited as the market digests recent gains. Related Reading Beneath the surface, derivatives data is revealing a more consequential shift in market structure. According to a CryptoQuant analysis, Ethereum leverage on Binance has not only recovered from the October 10 market-wide deleveraging event, but has…

Carpool and Ride Sharing Company Ryde Adopts Crypto Treasury Model

boss

Ryde Group, a Singapore-based ride-sharing and carpool platform, similar to Uber or Lyft, said Wednesday that it has adopted a crypto treasury strategy for its corporate reserve. The company said it will invest a portion of its corporate reserves into Bitcoin (BTC), Ether (ETH), and Sol (SOL), with specific allocations and time of purchase to be determined by a governance team at Ryde, according to its announcement. Ryde cited the “evolving macroeconomic environment” as the reason for adopting a crypto treasury, and said that the option to invest portions of…

Bitcoin Faces Little Chance of Holding Its 200-Week Moving Average for Long

boss

Bitcoin (BTC) price support could “fail” by the weekly close in a major blow to Bitcoin bulls, analysis warns. Key points: BTC price downside versus local highs at $76,000 nears 10%. Bitcoin brings its 200-week trend line back into focus, but little hope remains that it will rescue price. A trader warns of “months” of ranging at current levels. 200-week BTC price trend line “unreliable” In his latest X update on Thursday, crypto trader and analyst Rekt Capital brought a long-term BTC price trend line back into focus. The 200-week…