Key Notes The Bitcoin for America Act aims to codify a national Bitcoin reserve while allowing Americans to remit federal taxes using cryptocurrency. BPI’s tax payment model projects net advantages ranging from $34.6 trillion to $1.11 quadrillion depending on adoption rates and timeframes. The bill frames Bitcoin accumulation as a national security priority, citing competition with China and Russia in strategic crypto reserves. Nonpartisan crypto policy think tank The Bitcoin Policy Institute has offered its official endorsement for the Bitcoin for America Act of 2025, which would allow citizens to…
Tag: Launches
21shares Launches Six New Crypto ETPs to European Markets
Key Notes Six new 21shares crypto ETPs launched on Nasdaq Stockholm to broaden investor access. All listed ETPs are fully collateralized, offering institutional-grade exposure to digital assets. 21shares now manages about $8 billion in assets with 16 products listed in Sweden. 21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), has announced the cross-listing of six additional ETPs on Nasdaq Stockholm. The new products include single-asset and index-based ETPs, bringing the total number of 21Shares ETPs available in Sweden to sixteen. According to the announcement, the six new listings are…
Bitwise Launches Spot XRP ETF on NYSE, Ticker “XRP” Live
Key Notes The ETF charges a 0.34% fee with a temporary waiver for early assets. The launch follows the enactment of the GENIUS Act in July 2025. Bitwise previously launched a physical XRP ETP in European markets in 2022. Bitwise Asset Management launched its Spot XRP ETF on the New York Stock Exchange on Nov. 20. The fund secured the ticker symbol “XRP” for the listing. This choice distinguishes the product from Canary Capital’s offering, which trades as “XRPC.” Securing the asset’s native ticker suggests strong exchange confidence in the…
Aztec Launches One of Ethereum’s Few Fully Decentralized L2
Ethereum layer-2 network Aztec launched its mainnet Wednesday — albeit with partial functionality — marking the launch of one of the few fully decentralized networks in the ecosystem. According to an Aztec email viewed by Cointelegraph, Aztec has launched its “Ignition” mainnet chain, a functional consensus-producing chain that generates blocks, but without the smart contract execution layer. According to L2Beat, only the trustless, optimistic rollup network Facet v1 and Aztec’s old decentralized finance (DeFi) anonymization project, Zk.Money are classed as a stage 2 system with full decentralization. Together with Facet,…
Circle Subsidiary Hashnote Launches Yield-Bearing USYC on BNB Chain
Key Notes Circle’s Hashnote brings institutional-grade Treasury collateral to BNB Chain with near real-time USDC settlement. The $1.07B fund offers 3.93% APY through price appreciation, targeting non-US institutions with KYC requirements. BNB Chain deployment follows recent institutional moves, addressing demand for regulated DeFi collateral. Hashnote, the institutional asset management subsidiary of Circle, has deployed its USYC tokenized money market fund on BNB Chain on Nov. 19. The launch enables investors to utilize the yield-bearing asset as collateral within the network’s decentralized finance protocols. The expansion brings USYC to the BNB…
Solana Price Analysis: What to Expect as 21Shares Launches SOL ETF on CBOE
Key Notes Solana’s staking ratio rose to 67.3% with 6.3% APY returns, creating supply tightness despite price weakness. Bitwise leads active Solana ETFs with $388.1M in holdings while all issuers benefit from SEC-approved staking rewards. Technical indicators show SOL near oversold levels with support at $124 and resistance at the $146.39 mid-band region. Solana SOL $132.0 24h volatility: 5.9% Market cap: $73.15 B Vol. 24h: $5.48 B price declined 4% to $134 on Nov. 19, pressured by broader market turbulence. The retracement came as asset manager 21Shares launched its SOL…
Aster Launches ‘Machi Mode’ Rewarding Liquidations
Decentralized exchange Aster is delving into crypto’s degen culture with the launch of “Machi mode,” a new feature that rewards traders with points for getting liquidated. The update, set to go live next week, was announced with a direct nod to Machi Big Brother (real name Jeffrey Huang), a Taiwanese-American entrepreneur and former musician who has recently become a high-risk investor in the cryptocurrency space with a track record of liquidations. “You get liquidation points for getting rekt,” Aster wrote in a Wednesday post on X, adding that “this one’s…
New Hampshire launches first Bitcoin-backed municipal bond in the US
New Hampshire has once again notched the first position among other U.S. states after launching a Bitcoin-backed municipal bond. Summary New Hampshire has approved a $100 million Bitcoin-backed conduit bond. BitGo will act as a third-party custodian while New Hampshire’s Business Finance Authority will oversee the bond. New Hampshire’s business financing agency, the Business Finance Authority, signed the approval on Nov 17 to authorize a “first of its kind $100 million Bitcoin backed conduit bond,” according to a report from journalist Eleanor Terrett. Typically, municipal bonds are backed either by…
SGX Derivatives Launches Bitcoin And Ethereum Perpetual Futures
SGX Derivatives announces exchange‑cleared bitcoin and ethereum perpetual futures launching November 24, 2025. SGX Derivatives announced on November 17, 2025 in Singapore that it will launch bitcoin and ethereum perpetual futures on November 24, 2025, offering continuous, no‑expiry contracts within an exchange‑cleared, regulated framework for institutional, accredited, and expert investors. The contracts are benchmarked to […] Original
Paxos Launches USDGO Stablecoin Across Hyperliquid, Plume and Aptos
Paxos Labs has launched USDG0, an omnichain extension of its regulated USDG stablecoin, bringing fully backed dollar liquidity to Hyperliquid, Plume and Aptos through LayerZero’s OFT standard. According to an X post from Paxos Labs on Tuesday, USDG0 extends USDG (USDG), a 1:1 dollar-backed stablecoin issued by Paxos and governed by the Global Dollar Network, to new chains without creating separate wrapped versions. By using LayerZero’s OFT standard, USDG0 can move across blockchains as a single native asset while preserving the same regulatory protections and backing as USDG on Ethereum,…