Democrats’ DeFi ‘restricted list’ sparks outcry

Today in crypto, Democrat Senators were criticized for proposing a DeFi restriction list, Roger Ver has reportedly reached a deal with the US Justice Department to avoid prison over tax charges, while Luxembourg’s sovereign wealth fund made its first Bitcoin ETF investment. Backlash as Democrats propose ‘restricted list’ for DeFi protocols Despite previously supporting a…

Democrats’ DeFi ‘restricted list’ sparks outcry

Today in crypto, Democrat Senators were criticized for proposing a DeFi restriction list, Roger Ver has reportedly reached a deal with the US Justice Department to avoid prison over tax charges, while Luxembourg’s sovereign wealth fund made its first Bitcoin ETF investment. Backlash as Democrats propose ‘restricted list’ for DeFi protocols Despite previously supporting a…

Status, Mechanics and How to Buy

What is TDOG, and how does it work? 21Shares’ Dogecoin exchange-traded fund (ETF), TDOG, recently appeared on the DTCC’s Active and Pre-Launch list under the ticker TDOG. The listing connects brokers and clearing institutions in preparation for potential trading, but it does not indicate regulatory approval. The proposed TDOG/21Shares Dogecoin (DOGE) trust is intended to…

ETH Hits ‘New Normal’ as On-Chain Activity Surges

Key takeaways: Ethereum’s onchain activity is structurally higher, signaling durable growth. Institutional inflows and RWA tokenization are major catalysts for ETH demand. Technicals suggest a potential bottom near $4,100 to $4,250. Ether’s (ETH) onchain activity has entered what analysts termed a “new normal,” with sustained network engagement and rising institutional flows providing the clearest fundamental…

Democrats Implement Counter-Measure to Restrict DeFi Protocols

Despite previously supporting a crypto market structure bill, several Democratic Senators have reportedly introduced a counter-proposal that could see decentralized finance protocols placed on a “restricted list” if deemed too risky. This move, among others, it proposed could “kill DeFi,” according to its critics. The Senate Banking Committee Democrats sent a proposal to the committee’s…

BNB Chain Memecoin Season Hits Wall As Coin Prices Fall 30%

Key takeaways: Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches. A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines. Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem. Multiple BNB Chain memecoins tumbled more than 30%…

BNB Chain Memecoin Season Hits Wall As Coin Prices Fall 30%

Key takeaways: Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches. A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines. Low liquidity and inflated volumes amplified the memecoin sell-off across the BNB Chain ecosystem. Multiple BNB Chain memecoins tumbled more than 30%…

BCP, BitGo Launch Peru’s First Regulated Crypto Pilot

Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody. To participate in the pilot, users must register, prove a minimum banking…

Filecoin (FIL) Drops as Much as 7% as Selling Pressure Intensifies

FIL$2.2742 fell as much as 7% in the last 24 hours, tumbling from $2.39 to $2.23, according to CoinDesk Research’s technical analysis model. The model showed that the token posted a $0.19 range representing 7.9% volatility. Sellers dominated at the $2.41 resistance level as transaction volume exploded to 5.92 million tokens traded, crushing the 3.42…

$75B in Crypto May Be Recoverable

As the United States and other countries weigh the prospect of building national cryptocurrency reserves, new research from Chainalysis suggests governments may already be within reach of tens of billions of dollars in potentially recoverable onchain assets — a development that could intersect with those reserve discussions. In a report published Thursday, Chainalysis estimated that…