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

EtherFi has allocated $25 million to Plume’s real-world asset (RWA) protocol Nest, as it integrates tokenized RWA yield directly into its platform, as it looks to expand beyond crypto-native sources of return. According to an announcement on Thursday, rollout will begin with exposure to Plume’s nBASIS vault, which is tied to Superstate’s USCC crypto carry…

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

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…

Sol Rally Toward $100 Fizzles As Solana Competitors Rise

Key takeaways: SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium. While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector. Solana’s native token SOL (SOL) faced a 3-day 11% decline after peaking at $97.70 on Monday. Thursday’s move…

Sol Rally Toward $100 Fizzles As Solana Competitors Rise

Key takeaways: SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium. While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector. Solana’s native token SOL (SOL) faced a 3-day 11% decline after peaking at $97.70 on Monday. Thursday’s move…

Bitcoin Sell-off Capped At $70K But Data Points To Rebound

Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000. The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that…

Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades

The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps. The White House was expected to get some updated legislative language on Thursday, reflecting the ongoing…

Coinbase Tokenizes Bitcoin Yield Fund on Base

Coinbase Asset Management’s Anthony Bassili says the Bitcoin Yield Fund’s tokenized share class checks “identity and eligibility at the token level” for compliance. Coinbase has brought its Bitcoin Yield Fund onto its Base blockchain, launching a tokenized share class for the fund in partnership with the financial services firm Apex Group. Apex said in a…

Execution Quality Is The Missing Metric In Bitcoin And Ethereum Markets

Opinion by: Arthur Azizov, founder of B2 Ventures Transaction cost analysis (TCA) has long been an important tool in equity trading. With this instrument, traders can see the hidden costs that a transaction carries and minimize the difference between the expected and the actual price. As crypto matures, it begins to resemble traditional financial markets…

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

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…

Bitcoin Sell-off Capped At $70K But Data Points To Rebound

Bitcoin (BTC) dropped below $69,000 on Thursday, pulling the price back into its six-week range just days after tapping range highs above $76,000. The pullback coincides with an increase in selling from Bitcoin futures markets and stalling demand from US-based investors, but the chance for a rebound rally remains. A recurring chart setup indicates that…