Crypto

Senate Democrat Says He’s Looking Into Trump’s Crypto Businesses

The leading Senate Democrat on a panel tasked with investigating corruption and mismanagement is scrutinizing U.S. President Donald Trump’s recent crypto activities and whether they’re part of a “pay-to-play scheme to provide access to the …

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Planned Crypto Hearing in U.S. House Derailed by Democrat Revolt

Democrats in the U.S. House of Representatives derailed what was supposed to be a joint hearing on crypto policy efforts on Tuesday, insisting that President Donald Trump’s personal crypto dealings were too urgent to allow other discussion on …

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21Shares Launches ETP Linked to Crypto.com’s Cronos

Crypto asset manager 21Shares has launched a new exchange-traded product (ETP) offering investors regulated exposure to the native token of Cronos, a Layer 1 network developed by Crypto.com, for Web3 applications. The 21Shares Cronos ETP, which …

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Figment Eyes Up to $200M Worth of Acquisitions in Crypto M&A Push: Report

Figment, a major player in blockchain staking services, is actively looking to buy companies in a spree of crypto industry consolidation sparked by renewed optimism over U.S. regulatory clarity. The Toronto-based firm is targeting acquisitions …

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Leading House Dem Will Block Crypto Market Structure Bill Hearing

The leading Democrat on the House Financial Services Committee, Rep. Maxine Waters, will block efforts to hold a joint hearing between her committee and the House Agriculture Committee on Monday’s newly unveiled market structure discussion draft bill …

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U.S. Crypto Market Structure Bill Unveiled by House Lawmakers

Crypto’s big show in the U.S. Congress has been unveiled in the form of a discussion draft of legislation that would establish for the first time a comprehensive domestic regime for regulating digital assets. The House Financial Services Committee …

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Bitcoin Traders’ Favorite Lottery Ticket for the First Half of the Year — The $300K BTC Call

In the crypto market, bold predictions aren’t just talk – they’re backed by real dollars, often through option plays that resemble lottery tickets offering outsized upside for relatively small costs. The stand-out as of writing is the Deribit-listed …

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A Tiny Company Wants to Buy $20M TRUMP Token to Change U.S.-Mexico Trade Deals

Freight Technologies (FRGT), a $4.8 million market cap logistics tech firm focused on cross-border trade between the U.S. and Mexico, has entered an agreement to buy up to $20 million in the Official Trump Token (TRUMP) to build out its crypto …

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CME Group Crypto Derivatives Volume Soars 129% in April With ETH Leading the Charge

CME Group’s cryptocurrency derivatives market posted a steep increase in trading activity in April, reaching a new average daily volume (ADV) of 183,000 contracts worth $8.9 billion in notional terms, the firm reported. That marks a 129% jump …

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State of Crypto: IRS Departures

The IRS, alongside many other regulators, has been pretty active in the crypto world over recent years. On Friday, two directors left. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government …

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