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A US federal court has ruled that the Bored Ape Yacht Club (BAYC) NFTs and ApeCoin do not qualify as securities, providing long-awaited legal clarity for the digital asset industry. The decision, delivered by Judge Fernando M. Olguin in California, dismissed a 2022 lawsuit against Yuga Labs that accused the company of conducting unauthorized securities … Read more
On October 3, U.S. spot Bitcoin ETFs recorded massive inflows totaling $985 million, according to data from SoSoValue. The majority came from BlackRock’s IBIT, which alone attracted $791.5 million. Other funds also contributed, including FBTC with $69.6 million, ARKB with $35.5 million, HODL with $26 million, BITB with $24 million, Grayscale BTC with $20.1 million, … Read more
Coinbase, the largest U.S. cryptocurrency exchange, announced on October 3 that it has formally applied to the Office of the Comptroller of the Currency (OCC) for recognition as a national trust company. This move aims to place the company under a single federal framework, streamlining oversight of new products and creating a clearer bridge between … Read more
Cryptocurrencies continue to gain global recognition as Bitcoin once again surged past the $120,000 mark, reinforcing their growing influence in the financial landscape. In this dynamic scenario, Samsung has announced a major step forward, bringing cryptocurrency accessibility to Galaxy users in the United States through a new partnership with Coinbase One. Galaxy owners using Samsung … Read more
Bitcoin ($123,665) has surged past the critical $120,000 resistance level, aiming for new all-time highs. While some traders have increased short positions, the setup could trigger a short squeeze that pushes prices even higher. Alongside Bitcoin’s rally, altcoins are showing steady gains with limited volatility. In the derivatives market, open interest in Bitcoin futures reached … Read more
Solana ($229) has captured attention with a wave of high-value financial initiatives designed to strengthen its ecosystem. Sharps Technology announced a major $100 million share buyback program, aligning its capital strategy with growing Solana-focused treasury assets. At the same time, REX Shares’ Solana Staking ETF (SSK) reached a milestone of $382 million in assets under … Read more